Why spend hundreds of dollars a year to cash your checks when you can deposit your money and pay your bills at no additional cost -- with a free or low-cost bank account? Even if you've had problems with an account in the past, have never had an account before, or don't have a social security number, you can open a bank account in Oakland.
Bank On Oakland is an initiative of the City of Oakland, the Office of the Oakland Mayor, and Alameda County - Oakland Community Action Partnership to ensure every resident has access to mainstream financial services. Through Bank On Oakland, those who are unbanked or need a second-chance account have access to low or no cost banking products and free financial education. This will help families in Oakland reduce their use of payday loan systems, increase financial education and provide entry on the road to financial self-sufficiency.
