Our Mission
Our members offer services and resources that help empower people and families to improve their financial capability, health and independence.
It is important that residents have access to resources that help lay a solid foundation for banking and financial empowerment. Our coalition is particularly focused on assisting communities that are underserved by traditional banking systems.
Our History
Started in year 2018, Bank On Suncoast helps connect consumers to safe and affordable banking products certified as meeting the Cities for Financial Empowerment Fund’s Bank On National Account Standards. With assistance from the CFE Fund, Bank On Suncoast was launched with the support of local community organizations, financial institutions, and government partners to address the significant unbanked and underbanked populations in the region. The coalition formed under the umbrella of the national Bank On initiative, which aims to improve the financial health of local communities by increasing access to banking.
Bank On Suncoast continues to work towards ensuring that everyone in the region has access to the mainstream financial system. The coalition is committed to growing its partnerships, expanding its financial empowerment offerings, and advocating for financial products that meet the needs of all residents, particularly those in low-income communities and ALICE households.
THE BANK ON MOVEMENT
Bank On Greater Suncoast is proud to be part of the national Bank On movement, made up of dozens of similar local coalitions across the country.
The nonprofit Cities for Financial Empowerment Fund (CFE Fund) is the national partner for local Bank On coalitions, supporting local efforts through resources like the Bank On National Account Standards and accompanying certification, grant support to build local coalition capacity, and a robust learning community. The CFE Fund also works to give voice to local coalition experiences by informing both federal regulatory policy and financial institution practices.