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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 Certified Account Holders Keep More of Their Child Tax Credit Funds


Fees from check-cashing services siphoned off $66 million from the first round of stimulus money Americans received last year to help weather the financial upheaval caused by the global pandemic. Most Americans got $1,200 when Congress passed the CARES or Coronavirus Aid, Relief, and Economic Security Act.  But a report by the Financial Health Network estimated nearly 10% of recipients who received paper checks — instead of a direct deposit

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Bank On Greater Milwaukee Welcomes Four New Accounts to Bank On Movement


MILWAUKEE, WI – Accounts at Equitable Bank, First Federal Bank, PNC Bank, and Summit Credit Union have been officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the 2021-2022 Bank On National Account Standards (NAS), bringing the number of NAS certified accounts in the Milwaukee area to eleven. The national safe account standards, co-created by consumer advocates,

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Bank On Certified Accounts Offer Safe Place to Deposit & Manage Your Money


Bank On Greater Milwaukee is encouraging Milwaukee-area residents to open a Bank On certified account to have a safe place to deposit economic impact payments, unemployment incomes and tax refunds. Account holders can access mobile banking, direct deposit, bill pay, ATM’s and more through area banks and credit unions they are already familiar with. See

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40,000
Unbanked Households

Nearly 11% of Milwaukee residents are unbanked.
20%
Underbanked Households Nationwide

Over 50 million adults are underbanked nationwide, relying on some fringe financial services.
$40K
Unbanked cost per family

Being unbanked can cost $40K over a lifetime due to use of costly alternative financial services for routine financial transactions
Our Coalition
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.
Our Partners

BMO Harris Bank

Chase

CIBC

City of Maulwaukee

Educators Credit Union

Fund My Future Milwaukee

Junior Achievement of Wisconsin

Landmark Credit Union

Metropolitan Milwaukee Fair Housing Council

Milwaukee JobsWork

Mitchell Bank

Old National Bank

Riverworks Development Corporation

SecureFutures

Social Development Commission

U.S. Bank

Urban Economic Development Association of Wisconsin

Wells Fargo

Wisconsin Women’s Business Initiative Corporation

YWCA Southeast Wisconsin

BANK ON CERTIFIED ACCOUNTS ARE…
Safe

These accounts do not allow overdraft or non-sufficient funds fees, so you’ll never be hit with a surprise fee.
Low Cost

Certified accounts are $5 or less per month, with no unpredictable fees.
Functional

Certified accounts always allow free deposits, free withdrawals, and free bill payments.

@CFEFUND