Empowering Alabama:Your Path to Financial Stability
Free resources, financial education, and support to help you open and manage a bank account.
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Get connected with financial resources and banking assistance in your community. Enter your location to find your local BankOn coalition.
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BankOn Alabama at a Glance
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Unbanked Alabama Households
Households in the Alabama metro areas without a checking or savings account.
Underbanked Alabama Households
Households in the Alabama metro areas that have a bank account but still rely on alternative financial services.
Estimated Lifetime Cost
This remains a relevant national estimate for the potential extra costs incurred by unbanked individuals/families.
National Context
Unbanked / Underbanked Households Nationwide (2021).
About BankOn Alabama
BankOn Alabama is a coalition of local government agencies, financial institutions, and community organizations working together to improve the financial well-being of Alabama residents by connecting unbanked and underbanked individuals with safe, affordable banking products and financial education.
Our Vision
A financially inclusive Alabama where everyone has access to safe and affordable banking services.
Our Mission
To improve financial stability for unbanked and underbanked residents through access to safe financial products.
Our Impact
Over 5,000 Alabama residents connected with safe, affordable banking accounts since 2018.
BankOn Alabama is proud to be part of the national BankOn movement, which includes over 90 coalitions across the country working to expand banking access. Our certified accounts meet the National Account Standards, ensuring they are safe, affordable, and functional.