BOGM Celebrates 2-Years & 2021 Coalition Champions

MILWAUKEE, WI – Bank On Greater Milwaukee (BOGM) celebrated their two-year anniversary with a virtual awards ceremony that recognized six local entities for their efforts to improve the overall financial health of the Milwaukee community. A program of the Urban Economic Development Association of Wisconsin (UEDA), Bank On Greater Milwaukee belongs to a nation-wide network of

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

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,

Virtual Money Smart Week: April 10-17

Virtual Money Smart Week 2021 will offer daily “Money Smart” educational videos that are free and open to the public! Topics covered include how to talk to your children about money, developing a savings plan, finding safe and affordable banking accounts, understanding student loans, tax fraud and identity theft, managing personal financed during COVID-19, housing

Financial Literacy Month Book Read | April 2021

Every April organizations across the county celebrate National Financial Literacy Month by hosting events and offering opportunities that help individuals and families establish and maintain healthy financial habits. Bank On Greater Milwaukee is excited to be partnering with Milwaukee Public Library to celebrate Financial Literacy Month with our Financial Literacy Month Book Read For All Ages! Together, we

Get your federal tax refund faster with direct deposit

As taxpayers prepare for the start of the 2021 filing season, the best way to get a refund is to combine electronic filing with direct deposit. It’s fast, secure and easy. If you do not currently have a bank account, we encourage you to open up a safe and affordable Bank On certified account. IRS Direct Deposit: Is

‘Let’s Get Financially Fit’ Virtual Financial Literacy Series

Join Bank On Greater Milwaukee, Northwest Side CDC, and Ephesians Missionary Baptist Church every Monday from 6:30PM-7:30PM on Facebook Live for the “Let’s Get Financially Fit” Virtual Financial Literacy Series. Different topics related to personal finances will be covered each week and you will be able to ask questions of presenters. Tune in on the

Milwaukee Financial Navigator Program

The City of Milwaukee, in partnership with Riverworks Development Corporation, has created the Financial Navigator program. Through this free service, Milwaukee residents can connect remotely with a trained Financial Navigator to receive one-on-one guidance on managing their financial issues. Trained Financial Navigators employed by the Riverworks Financial Clinic will work with residents over the phone to provide information and resources.

IRS extends Economic Impact Payment deadline to Nov. 21

The Internal Revenue Service has extended the deadline to register for an Economic Impact Payment (EIP) to November 21, 2020. This new date will provide an additional five weeks beyond the original deadline. Special note: This additional time into November is solely for those who have not received their EIP and don’t normally file a tax