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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.

How to use your Economic Impact Payment (EIP) prepaid debit card without paying fees


If you recently received an Economic Impact Payment prepaid debit card from the government in the mail, this is money for you under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Do not throw this card away. You will need this card to access your Economic Impact Payment. You must first activate your card by

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Safe Financial Measures to Take During COVID-19


Below are the top ways to keep your money safe if you have been financially affected by COVID-19. Get In Control of Your Bills Contact your financial institutions. They may cancel late fees or allow you to delay making payments without penalty. Ask for written confirmation of any agreement(s) you negotiate. Contact your financial institution

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Coronavirus-related scams; watch out for schemes tied to Economic Impact Payments


Don’t fall prey to Coronavirus tricks; retirees among potential targets The IRS and its Criminal Investigation Division have seen a wave of new and evolving phishing schemes against taxpayers. In most cases, the IRS will deposit economic impact payments into the direct deposit account listed on previously provided on tax returns. If the IRS does

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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