About Bank on Denver

Unbanked Denver residents are concerned about the cost of having a bank account and are worried they may be denied an account because they have made financial mistakes in the past. Others believe that without a Social Security card they are not eligible for an account. Some think they do not make enough money to have a bank account, or are intimidated by a traditional banking environment.

To directly address these concerns, participating banks and credit unions agreed to the following baseline criteria:

  • Offer a low- or no-cost product with no minimum balance requirement. The high minimum balances and fees of many accounts is a key factor keeping people out of the financial mainstream.
  • Accept at least one form of alternative ID as primary identification (for example: Foreign Passport, Mexican Consular Card, ITIN, etc.)
  • Provide a clear and brief explanation of banking basics and terminology in plain language and offer a thirty-day personal follow-up to all Bank on Denver customers.
  • Expand marketing and outreach strategies in targeted, low-income neighborhoods, and increase the visibility of appropriate products in Denver.
  • Refer customers to financial education resources in the community and partner with local community-based organizations to help transition customers ready to enter the financial mainstream.

UPCOMING EVENTS

Stay tuned for more events coming soon!

Denver Housing Authority 2015 Homeownership Fair
Saturday, June 27th
From 10am to 2pm
Mulroy Opportunity Center
3550 West 13th Ave.
Denver CO 80204
Free and open to the public!


Free Personal Financial Coaching
Denver's new Financial Empowerment Centers provide free, one-on-one financial counseling in English and Spanish, by trained professionals to low-income residents.  The centers will provide help with managing debt, dealing with debt collectors, improving credit, and more!  To schedule your appointment call (720) 944-2498
 

2015 Partners:

Alpine Bank
ANB Bank
Bank of the West
Denver Community Credit Union
Guaranty Bank & Trust Company
KeyBank
Solera National Bank
TCF Bank
Wells Fargo