Bank On

NWIRA’s Bank On program connects Northwest Indiana residents to safe, affordable banking products through our partnerships with local financial institutions. The Bank On movement works to improve the financial stability of unbanked and underbanked households by making safe, low-cost transaction accounts more accessible. Federal Reserve Bank of St. Louis

Who We Help
An estimated 5.6 million U.S. households were unbanked in 2023, with the most common reasons being high minimum balance requirements, distrust of banks, privacy concerns, and high or unpredictable bank fees. NWIRA works to remove these barriers for Northwest Indiana residents. Federal Reserve Bank of St. Louis

What You’ll Gain (checkpoints)

• Access to a low-cost or no-fee checking or savings account
• No overdraft fees or unpredictable charges
• Direct deposit setup for wages, benefits, and government payments
• Protection through FDIC-insured accounts
• Help building or rebuilding a banking relationship
• Gateway to future financial products like credit and loans
• One-on-one guidance through the account opening process