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FACTS

• Too many Californians conducts their financial lives outside the financial mainstream
• Nationally as many as 28 million people are unbanked
• One in five low-income Californians does not have a checking account
• Nearly half of Californians do not have a savings account
• A full-time worker without a checking account could potentially save as much as $40,000 during his career by relying on lower-cost checking account instead of check-cashing services

Financial Partners

• Bank of America
• Bank of the West
• Broadway Federal Bank
• Chase
• Citibank
• City National Bank
• Kinecta Federal Credit Union
• Pacoima Development Federal Credit Union 
• U.S. Bank
• Union Bank
• Wedbush Bank 
• Wells Fargo

PRESS

If you're a member of the media, please contact:
Pat Clary at 213-744-9350 or email pat.clary@lacity.org.