About Us – Bank On Tallahassee

Our Mission

Our members offer services and educational 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 youth, first-time job seekers and families with disabilities to access financial services.

Our History

Started in 2022, Bank On Tally 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, the Capital City Chamber of Commerce and the City of Tallahassee Human Services Division formed a Bank On working group in mid-2022 to identify strategies to increase collaborative efforts that could connect consumers to mainstream financial services and products.

Members represent community-based organizations, financial institutions and local government agencies that provide services and resources such as financial education, credit counseling, savings programs, banking series, credit repair, employment assistance, youth engagement and other financial empowerment programming.

Coalition members meet regularly to identify points of collaboration, community engagement opportunities, share best practices and develop innovative ideas.

quotes

“Bank On stakeholders across the country literally have worked together to shift the consumer transaction account market. With more banks and credit unions of all sizes offering certified accounts, local Bank On coalitions have powerful tools to support their work connecting those outside of the financial mainstream to critically stabilizing products and services. We applaud Bank On [Name] and the almost 75 other coalitions across the country for their work in helping to move the market and build resident financial stability.”

Jonathan Mintz, President and CEO, Cities for Financial Empowerment Fund

The National Bank On Movement

Bank On Tally is proud to be part of the national Bank On movement, made up of over 75 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.