14 News, The Tri-State's News and Weather Leader-Bank On Evansville's second quarter results
Posted by Sarah Harlan - email
EVANSVILLE, IN (WFIE) - The second quarter results are in for the Bank On Evansville program, which helps residents who don't have checking or savings accounts.
The program started in February, and since then 324 accounts have been opened through several accredited banks and credit unions in the area.
The goal is to open 1,200 accounts in two years.
"We see Bank On as a hook from which a city can build a larger asset building and asset agenda, and I think right now, this current economic crisis really speaks to the importance of this kind of work," Sarah Bainton Kahn with the National League of Cities said.
Evansville is the first city in Indiana to launch a Bank On program.
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