Accounts

Bank On certified accounts are available in the Buffalo Niagara Region

A basic banking account is an important first step in participating in the financial mainstream, depositing your paycheck safely, paying bills effectively, accessing or building credit, and saving for emergencies and the future. However, one key challenge facing people without accounts has been a lack of safe and appropriate banking products offered by mainstream financial institutions, particularly those without overdraft. Instead, nearly 36 million adults across the nation rely on costly alternative financial services – like check cashers, payday lenders, and pawn shops – for routine financial transactions.

Financial institutions across the Buffalo Niagara region offer low-cost, low-fee transaction accounts that are certified as meeting the Bank On National Account Standards. Bank On certified accounts offer no overdraft or hidden fees; a low minimum opening deposit; free deposits and withdrawals; and a low monthly fee. Want your bank or credit union’s account to join the list? Learn more at www.joinbankon.org/certify.