FDIC’s new Money Smart games: A resource for Banks & Educators
The summer heat may be here, but back to school is just around the corner. Bank On Greater Milwaukee wants to highlight a new financial literacy resource for banks, parents, educators, and youth. The FDIC recently debuted the Play Money Smart site, an online depository of 14 games about everyday financial topics. It is based
2022 Guías de recursos de tu dinero inteligente – Descarga GRATIS
Cada año, Bank On Greater Milwaukee actualiza y publica esta Guía de recursos para los residentes y proveedores de servicios del área de Milwaukee, y la distribuye a toda la comunidad. Está disponible en inglés y español y se puede descargar a continuación como guía completa o por tema. Si desea solicitar copias impresas de
2022 Your Smart Money Resource Guides – FREE Download
Haga clic aquí para ver esto en español Every year, Bank On Greater Milwaukee updates and publishes this Resource Guide for Milwaukee-area residents and service providers, and distributes it throughout the community. It is available in English and Spanish and can be downloaded below as the full guide or by topic. If you would like
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
#ShowMeTheMoney: ABLE Accounts for People with Disabilities
ABLE Accounts are tax-advantaged savings accounts for individuals with disabilities and their families. The ABLE Act limits eligibility to individuals with disabilities with an age of onset of disability before turning 26 years of age. If you meet this age requirement and are also receiving benefits under SSI and/or SSDI, you are automatically eligible to
#ShowMeTheMoney: Credit Basics & Resources
Credit is money that you borrow and pay back over time with interest.Your credit history is a record of what you have borrowed and how you have repaid it. Paying your creditors on time will help you to build a good credit record. Late or sporadic payments will result in a poor credit report. In
#ShowMeTheMoney: Mortgage Rescue Scams
Did you know that state and federal laws prohibit people from charging you up-front for help with foreclosure prevention, or with lowering your interest rate? Collecting your money first, before help is provided, is illegal and a scam. If you are behind on your mortgage or think you may miss a payment, you have likely options. Scam artists
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
#ShowMeTheMoney: Volunteer Income Tax Assistance (VITA) Program
The IRS’s Volunteer Income Tax Assistance (VITA) program offers free basic tax return preparation to income qualified individuals. If you would like help with preparing income taxes, contact one of the organization’s below. Milwaukee VITA Service Providers Riverworks Financial Clinic526 E Concordia Avenue, Milwaukee, WI 53212Schedule by phone at 414-906-9650 Social Development Commission – 3
#ShowMeTheMoney: Access Checking with Self-Help Credit Union
Self-Help Federal offers a variety of checking accounts designed to make your day-to-day personal finances convenient and affordable. We strive to make account fees reasonable and transparent, and give you options to pay less fees. Remember, we’re member owned so we pass our savings back to you. Choose from these four member-friendly checking solutions Benefits
#ShowMeTheMoney: Achieve Products with Bank Five Nine
Achieve Checking Account Bank Five Nine’s Achieve Account is a unique paperless product for customers looking to either establish themselves financially, or who are in need of a second chance. Financial hardships and lack of financial management skills can have a strong impact on your finances and we want to help! Certified through BankOn, a
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
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
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
2020 Money Smart Resource Guides – FREE Download
Every year, Bank On Greater Milwaukee updates and publishes the Money Smart Resource Guide for Milwaukee-area residents and service providers. The guide is available in English and Spanish and full versions can be downloaded below. If you would like to request hard copies of either or both guides, contact Bank On Greater Milwaukee Program Manager,
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
If you don’t usually file a tax return, submit your information here to get the Economic Impact Payment
The US Treasury and the IRS have launched a new tool to help people who don’t normally file their taxes get their Economic Impact Payments.*NOTE: this feature is available only on IRS.gov. How do I use the Non-Filers: Enter Payment Info tool? Visit www.IRS.gov and click on ‘Non-filers: Enter Payment Info Here‘ or click here to access.
Economic Impact Payment – What You Need To Know
Make sure you are up to date on your taxes to receive stimulus checks quickly and securely. Check out our Accounts information page for information on how to open a bank account. What You Need To Know The IRS will use 2019 taxpayer forms to determine how much a person’s check should be and where
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
2022 Your Smart Money Resource Guides – FREE Download
Haga clic aquí para ver esto en español Every year, Bank On Greater Milwaukee updates and publishes this Resource Guide for Milwaukee-area residents and service providers, and distributes it throughout the community. It is available in English and Spanish and can be downloaded below as the full guide or by topic. If you would like
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 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
#ShowMeTheMoney: Achieve Products with Bank Five Nine
Achieve Checking Account Bank Five Nine’s Achieve Account is a unique paperless product for customers looking to either establish themselves financially, or who are in need of a second chance. Financial hardships and lack of financial management skills can have a strong impact on your finances and we want to help! Certified through BankOn, a
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
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
Bank On Greater Milwaukee on “That’s So Money”
Hosted by Jeff McCarthy and Becky Miller from Bank Five Nine (First Bank Financial Centre), ‘That’s So Money’ takes an innovative and entertaining approach to financial education, providing listeners with content that can help attain financial freedom. Each show features a local partner in the community, like a small business customer or non-profit organization, showcasing
Bank On Greater Milwaukee Joins Jill Economo on “Milwaukee’s Philanthropic Community”
Presented by Ellenbecker Investment Group, this unique show highlights non-profit organizations and helps listeners understand how they can have a personal impact in our community. On March 22, 2020 Bank On Greater Milwaukee Program Manager, Constance Alberts sat for an interview with Jill Economo, host of the radio show Milwaukee’s Philanthropic Community to discuss financial capacity
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
PRESS RELEASE – Bank On certified accounts offer a safe and affordable place for Milwaukee-area residents to deposit stimulus checks, unemployment income, tax refunds.
MILWAUKEE, WI – As the number of people filing for unemployment compensation rises and a federal stimulus package that includes direct payments to taxpayers nears passage, it is important that individuals and families have somewhere safe to deposit and access these funds. Bank On Greater Milwaukee is encouraging Milwaukee-area residents to open a Bank On
Economic Impact Payment – What You Need To Know
Make sure you are up to date on your taxes to receive stimulus checks quickly and securely. Check out our Accounts information page for information on how to open a bank account. What You Need To Know The IRS will use 2019 taxpayer forms to determine how much a person’s check should be and where
CFE Fund Announces the Bank On National Account Standards for 2019-2020
28 banks and credit unions with over 21,300 branches now offer accounts meeting Bank On National Account Standards