The "Bank on" Movement

The "Bank On" concept was first piloted in San Francisco in 2006.

Since then Bank On San Francisco has opened over 30,000 accounts, 80 percent of which are still currently open with an average balance of $980, saving San Franciscans roughly $20 million in fees.

Now, "Bank On" efforts are underway in 56 cities, 6 states, and 6 regions in the US. "Bank On" programs have received support from the National League of Cities, the William J. Clinton Foundation, the Annie E. Casey Foundation, United Way and The Pew Charitable Trusts.