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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 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.

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