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Horizon Bank s Fresh Start Checking has received accreditation from the Cities for Financial Empowerment organization. The accreditation serves as a recommendation for community nonprofits to refer unbanked community members to the checking account.
The Michigan City-based bank s Fresh Start account has no minimum balance requirement, unlimited check writing, federal deposit insurance and a cost of $5 a month.
It was found to meet national standards that were crafted with the help of consumer advocates, civic leaders and nonprofits.
The goal of the national Bank On initiative is to help people, particularly of lower socioeconomic status, gain access to safe and affordable financial products and services. Bank On national account standards are meant for community service coalitions and nonprofits to use to identify bank or credit union accounts they can refer clients to.Â
New Yorkers like mobile banking but have security concerns: study
New Yorkers like their smartphones and do not mind using them for banking, a study by the Department of Consumer Affairs (DCA) reveals.
Virtually all (96 percent) of New Yorkers own a cellphone, with most of them (80 percent) being smartphones. That trumps the respective national averages of 87 and 71 percent. The underbanked, young (18-29), wealthy and people who moved to New York from other countries exhibit especially high smartphone usage.
The DCA partnered with the Cities for Financial Empowerment Fund (CFE Fund), Capital One and the MetLife Foundation to to look at all aspects of how mobile usage can improve financial inclusion.
LONDON AND ASSOCIATED PROPERTIES PLC - Annual Report and Notice of AGM
PR Newswire
Annual Report and Notice of AGM
This is to confirm that London and Associated Properties PLC ( LAP or the Company ) has posted its Annual Report and Accounts for the year ended 31 December 2020 and Notice of Annual General Meeting (to be held on Tuesday, 15 June 2021).
The document is now available on the Company s website and a copy posted to all shareholders who requested a printed copy. A letter was sent to those shareholders who had consented to web publications to advise them that the document was now available on the company s website.
Reply
April 29, 2021
Newtown Savings Bank announced its partnership today with Bank On Connecticut and the Cities For Financial Empowerment Fund (CFE Fund) in their statewide effort to promote safe and affordable Bank On certified accounts. Bank On Connecticut is one of close to ninety Bank On coalitions across the country working to connect the unbanked and underbanked population to the mainstream banking system by partnering with financial institutions to provide Bank On certified accounts. The CFE Fund s Bank On National Account Standards identify critical product features for safe and affordable banking accounts, making it easier for local coalitions across the country to connect people to accounts that meet their needs.