Goodwill Receives $40,000 Grant for Bank On Program

Philanthropy

SRQ DAILY WEDNESDAY PHILANTHROPY EDITION WEDNESDAY FEB 6, 2019

Goodwill Manasota recently received a grant of $40,000 from the Cities for Financial Empowerment (CFE) Fund in order to implement the “Bank On” program integration for its more than 700 employees, as well as veterans and Job Connection customers served by Goodwill. The Bank On program connects people who are unbanked and underbanked to safe and affordable checking accounts to help them get on the path to financial stability.
The Cities for Financial Empowerment Fund has developed national standards for bank accounts that are safe, affordable, and fully transactional. These accounts do not allow overdraft, cost $5 or less per month, and offer functionality features like free online bill pay. In support of the program, Bank On Suncoast will provide online training materials that help individuals learn why it’s good to have a bank account, how to choose a bank account and how to use online bill pay services.

Goodwill Manasota

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