Tax Time Connect: Press Release and Press Conference
Mayor Greg Fischer joined community partners in announcing the start of free federal and state income tax preparation assistance for eligible residents, including VITA, AARP Tax Aide, and the new Tax Time Connect initiative.
Tax Time Connect: Louisville Metro TV
Tax Time Connect is a new initiative between the Volunteer Income Tax Assistance Program (VITA) and Bank on Louisville’s Banking Access work. The goal is to help Louisville residents file their taxes and create a bank account with a certified financial institution, if they don’t have one already.
Helpful Resources for Tax Time
Check these websites for information from the IRS, FDIC, and CFPB that will help you file your taxes and get the most out of your tax refund.
These handouts from the Consumer Financial Protection Bureau can help you be prepared to file your tax return and understand your options for saving your tax refund.
New Data Reveal How Inequitable Overdraft Can Be
The Financial Health Network investigated how people were using overdraft during the pandemic. The data showed that financially vulnerable households, younger individuals, and people of color are disproportionately impacted by
Important Coronavirus Updates
Contact your financial institution to learn more about their COVID-19 relief efforts and discuss your individual eligibility.
FAQs for Bank Customers During COVID-19
This resource from the Federal Deposit Insurance Corporation lists frequently asked questions, and their answers, for bank customers during COVID-19.
Financial Empowerment Tips for COVID-19
This document outlines financial empowerment tips to manage your finances during the COVID-19 pandemic.
Prosperity Now Scorecard
Access Prosperity Now’s data tool to download estimates of unbanked and underbanked households at city, county, metro, and state levels.
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
FDIC Unbanked Survey
National Survey of Unbanked and Underbanked Household
Account Screening Consumer Reporting Agencies Report
A joint report between the National Consumer Law Center and the CFE Fund
An Evaluation of Financial Empowerment Centers: Banking Status
Summary of findings about outcomes achieved through Financial Empowerment Centers.
Louisville Asset Building Coalition receives $30,000 to expand free tax services
Funding through the Intuit Financial Freedom Foundation expands the number of Volunteer Income Tax Assistance sites. LABC, which operates the Volunteer Income Tax Assistance (VITA) program in the Louisville area, will use the funding to add an 11th free tax filing site in 2023, and to recruit and train the additional volunteers necessary to staff the new site.
Bank On Louisville Cebrates Republic Bank’s Simple Access Checking as It is Nationally Certified
Bank On Louisville announced that Republic Bank’s Simple Access account was officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2021 – 2022). The national safe account Standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions, designate both core and strongly recommended features that ensure low cost, high functionality, and consumer safety.
Kentucky Financial Empowerment Commission Launches Kentucky Bank On Network
The Kentucky Financial Empowerment Commission, in conjunction with the United Way of the Bluegrass and Bank On Louisville announced the launch of the Kentucky Bank on Network (KBON). KBON is a statewide partnership committed to increasing bank accessibility and accounts for individuals and businesses across the Commonwealth.
Bank On Louisville Celebrates First Financial Bank’s National Certification for NoWorry Checking Account
Bank On Louisville is proud to announce that First Financial Bank’s NoWorry Checking account was officially certified by the Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National
Bank On Louisville Celebrates Fifth Third Bank’s National Certification of Express Banking Account
Bank On Louisville is proud to announce that Fifth Third Bank’s Express Banking account was officially certified by the Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National
Fifth Third’s Express Banking Account Earns Bank On Certification
Fifth Third Bank’s Express Banking account has received Bank On national certification. The Express Banking account meets or exceeds the Cities for Financial Empowerment Fund’s Bank On national standards of
Bank On Louisville Celebrates PNC’s Achievement as First Bank to Offer Two Bank On Certified Accounts
PNC is the first bank to offer two products that meet the CFE Fund's Bank On national certification. PNC's accounts each meet features for safe, affordable consumer transaction accounts.
Bank On Louisville Celebrates 10th Anniversary
Bank On Louisville recently celebrated its 10th anniversary; it has helped thousands of people get connected to free or low-cost banking accounts.
City of Louisville to Offer Free Financial Services to Help Residents With Financial Impact of COVID-19
Financial Navigators can help Louisville residents manage their income, expenses and housing costs over the phone.
Free Financial Navigator Service Launches to Help Louisville Residents Affected by the Pandemic
Louisville Metro Government announced the launch of a free Financial Navigators program to help residents navigate financial issues related to the COVID-19 pandemic.
Wall Street Journal: Bank Accounts Designed for Low-Income Customers Find Broader Audience
Wall Street Journal article that examines the Bank On movement
CFE Fund Announces the Bank On National Account Standards for 2021 – 2022
Accounts certified as meeting these national Standards are already available in 99 of the largest 100 metro markets, and in 50 states and Washington, DC,