MAYOR HARP, ‘BANK ON’ MEMBERS TO LAUNCH EXPANDED BANK ACCESS PROGRAM TUESDAY

 

New Haven – Mayor Toni N. Harp and members of the New Haven Bank On Coalition will convene a press conference tomorrow morning at which a new program to expand residents’ access to safe and affordable financial products and services will be formally launched.

 

Tuesday's  press event is scheduled to begin at 10:15 a.m. at The Farnam Community Center – 162 Fillmore Street – in New Haven. 

 

The Bank On New Haven Coalition is comprised of financial institutions, city agencies, community organizations and community liaisons working together to expand banking access for New Haven residents. The coalition, started in March 2018, has been working to bring the challenges to mainstream banking access to the forefront.

 

To address these challenges, Bank On Certified Accounts were prioritized for city residents. These include Bank of America’s Safe Balance Account, Chase Bank’s Liquid Card, KeyBank’s Hassle- Free Account, and Wells Fargo Bank’s Easy Pay Card.

 

Each institution has been working with branch managers and bank staff members to increase understanding and collaboration to ensure they work knowledgeably and effectively with community residents.

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