CFE Fund: 60 Financial Institutions Now Offering Bank On-Certified Accounts
The Cities for Financial Empowerment Fund announced today that 60 financial institutions—including 46 banks—with more than 28,000 branches nationwide are ...
Tag: Unbanked
Podcast: Believing in What Banking Can Do
After a long career as a commercial banker in St. Louis, more than a decade ago Alex Fennoy joined Midwest ...
Podcast: ‘Folks Who Are Low-Wealth Also Need Wealth Advisers’
Homeownership, savings and holding down a job are three keys to financial well-being and moving out of generational poverty, so ...
Podcast: Behind the Scenes with a ‘Bank On’ Product
On the latest episode of the ABA Banking Journal Podcast, Old National Bank's Ben Joergens discusses his bank's experience launching ...
Profiles in Inclusion
The ABA Foundation’s 2020 George Bailey Distinguished Service Award co-winners put the spotlight on the industry’s financial inclusion efforts.
FDIC: Share of Unbanked Americans Reaches Record Low in 2019
The share of U.S. households that are unbanked continued falling in 2019, reaching 5.4%, the lowest rate yet recorded in ...
Nichols Urges All Banks to Offer ‘Bank On’ Certified Accounts
To help reduce the number of unbanked Americans, ABA President and CEO Rob Nichols today urged all banks to offer ...
Fed Survey: Amid Pandemic, Americans Remain Able to Cover Emergency Expenses
One in five adults employed in February had been furloughed or laid off by April, according to the Federal Reserve’s ...
Data Sharing Pilot Strengthens Marketplace for Unbanked
There's a clear business case for offering Bank On-certified accounts as a way for financial institutions to both serve the ...
