Bank On Louisville
Serving Louisville’s “unbanked”

Bank On Louisville is a comprehensive program to serve the "unbanked" and "under-banked," those who live without access to mainstream financial institutions and are forced to rely on expensive check-cashing services. 
Why Bank On

• Over the course of a working lifetime, a wage earners using alternative financial services will pay $40,000 in transaction fees related to cash checking, money orders, etc. that would otherwise be available for other purposes and long-term financial stability.
• Retail investments are often heavily tied to credit card and checking account transactions within a geographic area, which will lead to new economic opportunities for individuals and the neighborhoods in which they reside.
• By opening an account, you can take an important step toward financial security. With a free or low-cost account, you can start to save for the future and establish a credit history that will help you enter the financial mainstream and achieve your dreams.
• If you rely on expensive check-cashing services, now you have a great alternative.  Even if you have never opened an account before, have had problems with an account in the past, or need a free or low-cost account, Bank On Louisville wants to help you open an and begin saving for the future.

At the direction of Mayor Abramson, a steering committee worked with local community organizations, banks & credit unions, government agencies, and the National League of Cities to develop a program that helps Louisville residents start saving for the future.

Park Community’s Bank On Louisville Products