OCC’s Hsu: Improving CRA Is Urgent
Acting Comptroller of the Currency Michael Hsu said he “feels the urgency” to modernize the Community Reinvestment Act regulations as soon as possible.
Browsing: Financial inclusion
Morning Consult: One in 10 Adults Don’t Have Checking, Saving Account
One in 10 adults say they do not have a checking or savings account, according to new research released by Morning Consult.
Spreading the Word About Bank On
Community partnerships, word of mouth help market an important financial inclusion initiative.
FDIC Selects Eight Teams in Tech Sprint to Reach Unbanked
The FDIC this week announced the selection of eight teams to participate in a “tech sprint” to explore new technologies for banks that will help meet the needs of unbanked individuals.
ABA Statement Highlights Banks’ Commitment to Reducing Number of Unbanked Americans
In a statement for the record shared ahead of a House Financial Services subcommittee hearing on expanding access to the financial system today, the American Bankers Association emphasized the banking industry’s commitment to reducing the number of unbanked individuals in the country.
OCC to Expand Regional Efforts for Project REACh
As the OCC observes the one-year anniversary of Project REACh—an initiative bringing together a broad range of stakeholders to address barriers to financial inclusion—Acting Comptroller of the Currency Michael Hsu announced that the program will expand its regional focus to three new areas: Washington, D.C., Dallas and Detroit.
Podcast: How Three Different Banks Championed ‘Bank On’ Certification
The Bank On movement for financial inclusion continues to accelerate. In July, the Cities for…
The DEI Difference
George Floyd’s murder triggered statements—and DEI actions—at banks of all sizes. More than a year later, how have banks changed?
Raising the Standard
With more than 100 institutions now offering Bank On-certified checking accounts—and more in the pipeline—what can banks of all sizes learn from the experience of their certified peers?
CFE Fund Announces Milestone of 100+ Certified ‘Bank On’ Accounts
The number of Bank On-certified deposit accounts has surpassed 100.