BankOn Nevada works to connect everyone to safe and affordable financial products and services.
BankOn stakeholders across the country literally have worked together to shift the consumer transaction account market. With more banks and credit unions of all sizes offering certified accounts, local BankOn coalitions have powerful tools to support their work connecting those outside of the financial mainstream to critically stabilizing products and services. We applaud BankOn Nevada and the dozens of coalitions across the country for their work in helping to move the market and build resident financial stability
Jonathan Mintz, President and CEO, Cities for Financial Empowerment Fund
Our members offer services and educational resources that help empower people and families to improve their financial capability, health and independence.
It is important that residents have access to resources that help lay a solid foundation for banking and financial empowerment.
Started in 2022, BankOn Nevada helps connect consumers to safe and affordable banking products certified as meeting the Cities for Financial Empowerment Fund’s Bank On National Account Standards. With assistance from the CFE Fund and partners from the private, public, and nonprofit sectors formed a Bank On working group to identify strategies to increase collaborative efforts that could connect consumers to mainstream financial products and services.
Members represent community-based organizations, financial institutions and local government agencies that provide services and resources such as financial education, credit counseling, savings programs, banking series, credit repair, employment assistance, youth engagement and other financial empowerment programming.
Coalition members meet monthly to identify points of collaboration, community engagement opportunities, share best practices and develop innovative ideas.
The BankOn Movement
BankOn Nevada is proud to be part of the national BankOn movement, made up of over 90 similar local coalitions across the country.
The nonprofit Cities for Financial Empowerment Fund (CFE Fund) is the national partner for local BankOn coalitions, supporting local efforts through resources like the Bank On National Account Standards and accompanying certification, grant support to build local coalition capacity, and a robust learning community. The CFE Fund also works to give voice to local coalition experiences by informing both federal regulatory policy and financial institution practices.