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Stacy M. Brown | 5/14/2021, 6 a.m. Kylie Delgado, Program Manager Bank On Maryland Courtesy Photo
The CASH Campaign of Marylandâs âBank On Marylandâ is helping the unbanked and low-to-moderate income residents of the state take advantage of receiving their unemployment benefit payments by direct deposit.
For those interested in the program, which works with the Maryland Department of Labor to help recipients receive payments quickly and safely, a deadline of May 24, 2021 exists if individuals want direct deposit.
âWhat we want to do is get the word out, so that individuals know that there is this huge transition from the use of prepaid cards, which has been the primary way that the Department of Labor has provided unemployment insurance benefits in the past,â said Kylie Delgado, Bank On Maryland Program Manager. âWeâre encouraging individuals to be aware that this is coming and then to make a decision to go the direct deposit
Bank On Certified Accounts Help Hundreds of Thousands of Residents Receive Stimulus and Other Emergency Payments Safely and with Social Distance
Sixty Banks and Credit Unions Across Every State in the Country Offer Products Certified as Safe, Appropriate by National Nonprofit Cities for Financial Empowerment Fund
Bank On s 2021-2022 Standards Require Low Costs, No Overdraft Fees, Spending and Bill Payment Features, and Newly Adds Digital Financial Institutions to those With Branches
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NEW YORK, Jan. 27, 2021 /PRNewswire/
National nonprofit organization the Cities for Financial Empowerment Fund (CFE Fund) announced today that 60 financial institutions with over 28,000 branches across the entire country now offer accounts certified as meeting newly updated Bank On National Account Standards (2021-2022). These bank and credit union accounts support local Bank On coalition efforts to expand access to safe and appropriate financial products an