The Regional Housing Partnership is seeking project proposals from local governments and/or community organizations to host and support regional satellite homeownership centers. Banking access, budgeting and financial literacy are all components to the satellite’s success. Submissions are due on May 13. Full RFP text can be found here.
First Federal’s new GO account has been certified as a Bank On product. Learn more here.
Tax season is a critical financial empowerment moment for millions of families and individuals across the country. Each year, tax season is a moment where filers are thinking about their finances and Bank On KC is here to help promote financial well-being. You can open your own affordable, safe, and certified account now, then provide
KSHB’s latest “Two Americas” story focuses on the unbanked, featuring CHES’s Bank On KC initiative helping connect individuals to safe and affordable accounts. Full report from here.
The CFE Fund and the Federal Reserve Bank of St. Louis partnered to create the Bank On National Data (BOND) Hub, which aggregates national Bank On account activity across three categories of metrics: Account Opening, Account Usage and Consistency, and Online Access. The latest BOND Hub report, The Bank On National Data Hub: Findings from 2020, includes
This Kansas City Beacon article covers the creation of Bank On KC.
Wall Street Journal article that examines the Bank On movement
Accounts certified as meeting these national Standards are already available in 99 of the largest 100
metro markets, and in 50 states and Washington, DC,