About Bank On Boston

The mission of Bank On Boston is to assist unbanked and underbanked residents of Boston open and maintain zero-to-low cost checking and savings accounts, rather than utilizing high cost alternative services and predatory practices including accessing providers such as check cashers, pawn shops, and/or payday lenders. Additionally, Bank On Boston works towards developing and providing safe, affordable and accessible credit building products for community residents.

Broader goals include ensuring that all Boston residents, primarily focusing on the needs of extremely low to moderate-income residents, have access to safe, appropriate, trusted, affordable financial products and services. Such services will empower Boston residents to build wealth by encouraging economic mobility, and equitable access to the mainstream banking system.