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Expand Financial Inclusion with the Bank On Program

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The latest FDIC survey reported that an estimated 14.1% (18.7 million) of U.S. households are underbanked, and 4.5% are unbanked. While the trends are improving, more work is needed to expand banking access in your local communities.

That’s where the Bank On program comes in. Bank On’s goal is to ensure that everyone has access to a safe and affordable bank or credit union account. When your institution becomes Bank On certified, the unbanked members of your community are better able to see that you care about them and want to address their financial needs. And this leads to more customers/members and a more financially stable community. This could also mean additional CRA credit for those institutions that have to comply.

During this webinar, you’ll learn about the Bank On program and how having a Bank On certified product can help your financial institution better serve your community.

The ABA has approved this webinar for 1.25 CFMP and CRCM credits.