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 overdraft policies.
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.
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 Account Standards (2021 – 2022). The National Safe Account Standards ensure 25 standards have been met for low cost, high functionality, and consumer safety.
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 safety, affordability, and functionality.
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,