About Bank on DC
Bank on DC, a DC Department of Insurance, Securities and Banking program, is a collaborative effort between the district, financial institutions and non-profits, and education to un/underbanked* households in the DC Metro Area. DC is home to over 37,000 unbanked households and 72,000 underbanked households who frequently use expensive, unnecessary financial services such as check cashers.
Through financial education and enhanced access to needed financial products and services, Bank on DC provides economic mobility and wellness to individuals throughout the D.C.Metro region, helping thousands save money and build their financial future.
Bank on DC Mission
Bank on DC aims to provide unbanked and underbanked individuals access to low-cost, safe financial accounts, products and services and high-quality financial education. In doing so, we help financial institutions reach new customers, community organizations build financial literacy, and help individuals save money on fees while securing savings for the future.