Economic Awareness Council Chosen for 2021 Bank On Greater Milwaukee Champion Award!
Every year BOGM chooses individuals or organizations that have been instrumental in helping BOGM increase banking access to our community.The Economic Awareness Council has been chosen to receive the Innovation Award for the REAL Bank Program. One major focus for BOGM has been youth since we started the coalition. They are many young people who
Bank On – Illinois Comptroller’s Office
Welcome to Bank On Illinois The goal of Bank On Illinois is to ensure that residents have access to a safe and affordable bank or credit union account. Bank On Illinois is a collaborative initiative between the State of Illinois, community organizations and financial institutions. All partners in the coalition are committed to improving the
WE PROSPER: Affordable Alternatives to Predatory Loans
The WeProsper initiative was created to help tackle predatory lending in Black and Brown communities in Chicago. The pandemic has left many Illinois families struggling to make ends meet. In the past, many people turned to payday or auto title loans to deal with emergencies or pay for big expenses, which pushed families deeper into
Reduced Costs IPass Program for Qualified Individuals.
Everything You Need To Know About I-PASS Assist The Illinois Tollway is expanding the I-PASS Assist program to help individuals and families realize the benefits of I-PASS. Customers who have previously been unable to use I-PASS for financial reasons will have more assistance than ever to Get I-PASS and Get Going! THE BENEFITS OF I-PASS…
With a #BankOn certified account, you can get your stimulus money safer and with no fees – open an account online now!
It’s not too late! You can still get your missing stimulus check and tax refunds even if you don’t normally file taxes. Learn more at http://getmypaymentil.org. #stimuluschecks #money Open a #BankOn certified account online today to get your stimulus payment CHEAPER and SAFER!
Bank On Chicago Newsletters
JUNE 2021 Newsletter MAY 2021 Newsletter APRIL 2021 Newsletter (featured at FDIC event 4/30/21) March 2021 Newsletter
Loan Alternative Products
Financial Wellness for College Students
Student Loan Repayment Meet with a Peer Educator Need some help making your student loan repayment plan? Meet with a Financial Wellness Peer Educator to get your money questions answered. There’s still time before the end of the semester, but appointments are filling up fast! All meetings are free and confidential. Set
Bank On Chicago Overview
Benefits of Banking Reduced Fees Keep More of YOUR Money! Depositing your earnings in a bank will save you check cashing and pay day lending costs. Get Your Money Quicker Direct Deposit may allow you to receive your pay or money from any benefits faster. Banks are Safe! 1. No worry of theft or loss2.
Affordable Alternatives to Predatory Loans
Times are tough. The pandemic and economic crisis have left many Illinoisans struggling to make ends meet. Some have turned to payday or auto title loans to deal with emergencies or pay for big expenses. However, these loans charge excessive interest. In 2019, the average annual percentage rate (APR) on a payday loan in Illinois
Estímulos Cheque Ayuda
¿ Nunca recibió su cheque de estímulo? ¿Sigue esperando su primer y/o segundo cheque de estímulo? Si usted es elegible, NO es demasiado tarde. Usted es elegible si:• Es ciudadano estadounidense o extranjero residente en EE. UU.• Tiene un número de seguro social que sea válido para empleo• Proporcionó más del 50% de su apoyo inanciero
Stimulus Check Help!
Never Got Your Stimulus Check? Are you still waiting on your first and/or second stimulus check? If you are eligible, it’s NOT too late. You are eligible if you:• Are a U.S. citizen or U.S. resident alien• Have a Social Security number that is valid for employment • Provided more than 50% of your financial support for
Chicago Bank Locator
Looking for a bank? Click here to use the Chicago Banking Desert Application to find a bank near you that suits your needs!
Bank On Accounts and Hyperlinks
Bank On Chicago Improvements and Strategy Plan
Bank On Atlanta Resource
Description
Prosperity Now Scorecard
Access Prosperity Now’s data tool to download estimates of unbanked and underbanked households at city, county, metro, and state levels.
Bank On National Account Standards
The CFE Fund’s Bank ON National Account Standards provide local programs with a benchmark for account partnerships with financial institutions, and include both core and recommended features.
The Present and Future of Bank On Account Data
A report by the CFE Fund and the Federal Reserve Bank of St. Louis
FDIC Unbanked Survey
National Survey of Unbanked and Underbanked Household
GetMyPaymentIL.org
Many people qualify to receive a $1,200 Economic Impact Payment Through the Cares Act.
Stimulus Payment Training for Nonprofit and Government Case Managers
Join us for a webinar to learn about EIP payment eligibility and explore no-fee banking options with Bank On Chicago.
Wall Street Journal: Bank Accounts Designed for Low-Income Customers Find Broader Audience
Wall Street Journal article that examines the Bank On movement
CFE Fund Announces the Bank On National Account Standards for 2019-2020
28 banks and credit unions with over 21,300 branches now offer accounts meeting Bank On National Account Standards