Bank On CT connects residents with safe and affordable bank accounts. Our goal is to increase the number of banked individuals in Connecticut by sharing information about accounts that have no overdraft fees and a low or no monthly cost.
Based on local efforts and lessons learned, the Cities for Financial Empowerment Fund (CFE Fund) put together these Bank On Guiding Principles to outline fundamental shared ideals of the Bank On movement and local coalition priorities.
Bank On CT encourages financial institutions throughout Connecticut to create banking products that meet the Bank On National Account Standards. The products featured below already meet those standards. Click on each name or logo below to access services.
Bank of America
Safe Balance Checking
Wells Fargo
Clear Access Checking
Newtown Savings Bank
New Start Checking
Thomaston Savings
Uncommon Account Checking
New Haven Bank
Bank On Checking
Berkshire Bank
My Freedom Checking
Union Savings Bank
Core Checking
Windsor Federal
Hometown Checking
Chelsea Groton
Confidence Builder Banking
Jewett City Savings Bank
ACCESS Account
American Eagle FCU
Simple Checking
Connex Credit Union
Pathways Checking
On Wednesday, May 31, 2023, in partnership with the Waterbury Reentry Welcome Center and Thomaston Savings Bank, CAHS hosted a Healthy Banking and on-site account opening event at the center. Participants attended a healthy banking workshop and then had the opportunity to open an account with Thomaston Savings Bank. Thomaston is also a Bank On partner and offers the uncommon certified Bank On account which has no minimum deposit minimum deposit requirements and no overdraft fees. The event was sponsored by the United Way of Greater Waterbury who provided the funding for the opening deposits. We were able to assist 13 participants with opening accounts, one of whom was a returning citizen who served 34 years in prison. Today was his first official day of freedom and he was able to open a bank account! He said he was grateful for the service and felt very privileged for the opportunity to not only open an account but have it funded.
A huge thank you to the United Way and Thomaston Savings Bank for their partnership in this effort!! We look forward to hosting another event real soon!