Welcome to Bank On Manhattan, a public/private partnership led by Manhattan Borough President Scott M. Stringer. Learning about the importance of having a bank account is a
critical first step on the path to financial security. This website is designed to give you all the information you need to understand why it is in your best interest to open an account and to make the decision about which Bank On Manhattan financial partner is the right fit for you. Remember, it's not just about opening a bank account, it's about your future.
Why spend hundreds of dollars a year at the check casher when, with a bank account, you can deposit your money for free and pay your bills at no additional cost? Today,
everybody can open a bank account. Even if you've had problems with an account in the past, have never had an account before, or don't have a Social Security number, you can
open a bank account through Bank On Manhattan.
By opening a bank account, you can take an important step toward financial security. With a free or low-cost account, you can start to save for the future and establish a banking relationship that will help you enter the financial mainstream and achieve your dreams.
Use our easy bank locator tool or call 1-877-646-2BANK to find a participating bank with account options that meet your needs. The bank staff will answer all of your questions and walk you through each step of the process.
Discover free classes and services that will help you achieve financial success. Find information about establishing financial goals, managing a budget, getting out of debt, and many other topics.
- An average household in Manhattan without a bank account will spend approximately $530 a year to cash their paychecks and pay their bills.
- Between 10 and 20 percent of American households are unbanked - that's between 23-56 million adults.
- An estimated 164,400 Manhattan residents have no checking or savings account.
- New Yorkers spend almost $200 million a year at check cashers.
- Over 200 bank branches are participating in Bank On Manhattan.