Bank on Louisville is an engine to collaboratively strengthen our community's economic well-being through improved access to mainstream financial education and services.
Learn more about Bank On Louisville's successes to date.
MESSAGE FROM MAYOR FISCHER
There are way too many families and individuals – in Louisville and across the nation – who are struggling to make ends meet. When times are tough like they are right now, people must pull together to seek creative solutions. I am proud that Bank On Louisville is doing just that, by bringing together an innovative partnership from private, public and community sectors – with the goal of giving all citizens the opportunity to achieve financial stability.
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.
Find out more by exploring this webpage, viewing our brochure, or connecting with us:
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