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.
Started in 2010, Bank On DC helps connect consumers to safe and affordable banking products certified as meeting the Cities for Financial Empowerment Fund’s Bank On National Account Standards.
THE BANK ON MOVEMENT
Bank On DC is proud to be part of the national Bank On movement, made up of almost 90 similar local coalitions across the country.
The nonprofit Cities for Financial Empowerment Fund (CFE Fund) is the national partner for local Bank On coalitions, supporting local efforts through resources like the Bank On National Account Standards and accompanying certification, grant support to build local coalition capacity, and a robust learning community. The CFE Fund also works to give voice to local coalition experiences by informing both federal regulatory policy and financial institution practices.