BankOn New Hampshire

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Building Robust Pathways Out of Inter-generational Poverty

With support from the Cities for Financial Empowerment Fund and sponsors JPMorgan Chase and BankProv, NCDE has just launched Bank On New Hampshire, building on CFEF’s proven Bank On initiative to ensure that unbanked low- and moderate-income (LMI) families become banked.

Through Bank On accounts, unbanked families can get a free checking account with no overdraft penalties, free financial literacy education, credit repair counseling, and asset building mentoring.  NCDE combines these resources, in local systemic inclusion programs, with efforts to strengthen pathways into living wage careers and to remove digital divide barriers to financial and economic inclusion.

NCDE builds on this financial inclusion strategy to also provide supports for LMI learners of all ages with regard to economic, educational and digital inclusion. In addition, NCDE’s Bank On initiative is reaching out to banks and credit unions seeking to improve access to capital and credit for minority business owners.

Through Bank On accounts, unbanked families can get a free checking account with no overdraft penalties, free financial literacy education, credit repair counseling, and asset building mentoring.  NCDE combines these resources, in local systemic inclusion programs, with efforts to strengthen pathways into living wage careers and to remove digital divide barriers to financial and economic inclusion.

For excellent further information about the national BankOn initiative, visit the National Bank On Data Hub.

Banker Community Based Organizations RoundtableBank On New Hampshire Coalition

On February 25, 2021 the FDIC hosted a free webinar to formally launch Bank On New Hampshire, share about the resources already available, and to encourage others to join us in making sure every unbanked New Hampshire family can become fully banked and tap financial literacy mentoring at no cost. To join this rapidly evolving initiative, please contact Dr. Bob McLaughlin at [email protected] or 1.802.249.1159.

Roundtable Agenda

 

Learn More About the NH Council on Systemic Inclusion