Bank On Louisville is an engine to collaboratively strengthen our community's economic well-being through improved access to mainstream financial education and services, with an emphasis on the low-to-moderate income population of the city.


                         Bank On National logo

Bank On Louisville is proud to be among the different sites across the country that host and operate a Bank On. To find out more about Bank On and what it represents, as well as a look at the newest Bank On 2.0 rollout and how it can assist communities, please click on the logo above and visit the national Bank On website.

 

Why Bank On?

 

  • Over the course of a working lifetime, a wage earners using alternative financial services will pay $40,000 in transaction fees related to cash checking, money orders, etc. that would otherwise be available for other purposes and long-term financial stability..
  • Retail investments are often heavily tied to credit card and checking account transactions within a geographic area, which will lead to new economic opportunities for individuals and the neighborhoods in which they reside.
  • Community-based organizations will have more success in serving their clients and fulfilling their missions, while leading to new business opportunities for mainstream financial institutions.

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This project is funded, in part, under a contract with the Cabinet for Health and Family Services with funds from the Community Services Block Grant Act of the US Department of Health and Human Services. 

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