Building stronger financial futures for Greater Milwaukee residents
Affordable financial products and services.
Bank On Greater Milwaukee is a collaboration between financial institutions, community-based organizations and local government to ensure that all residents have the opportunity to be financially healthy. Together, we are working to connect people to safe, affordable, and certified banking accounts. Our members also offer services and educational resources that help empower people and families to improve their financial capability, health and independence.
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
An Evaluation of Financial Empowerment Centers: Banking Status
Summary of findings about outcomes achieved through Financial Empowerment Centers.
Nearly 11% of Milwaukee residents are unbanked.
Underbanked Households Nationwide
Over 50 million adults are underbanked nationwide, relying on some fringe financial services.
Unbanked cost per family
Being unbanked can cost $40K over a lifetime due to use of costly alternative financial services for routine financial transactions
Join us in connecting Greater Milwaukee residents to better banking products and making our community a safer, more accessible place to bank.
Bank On Greater Milwaukee coalition members are working together to ensure that all households have access to safe and affordable bank accounts that meet their needs, allows them to increase assets, and strengthen their financial stability.
BMO Harris Bank
City of Maulwaukee
Educators Credit Union
Fund My Future Milwaukee
Junior Achievement of Wisconsin
Landmark Credit Union
Metropolitan Milwaukee Fair Housing Council
Old National Bank
Riverworks Development Corporation
Social Development Commission
Urban Economic Development Association of Wisconsin
Wisconsin Women’s Business Initiative Corporation
YWCA Southeast Wisconsin
BANK ON CERTIFIED ACCOUNTS ARE…
These accounts do not allow overdraft or non-sufficient funds fees, so you’ll never be hit with a surprise fee.
Certified accounts are $5 or less per month, with no unpredictable fees.
Certified accounts always allow free deposits, free withdrawals, and free bill payments.