Financial Literacy Training

Financial Literacy Training

Provider: LOS ANGELES COUNTY DEPARTMENT OF CONSUMER AND BUSINESS AFFAIRS - ADMINISTRATION

BankOn coalitions are local partnerships between government agencies, financial institutions, and community organizations that work together to improve the financial stability of unbanked and underbanked residents in their communities.

The BankOn Los Angeles County coalition is managed by the County of Los Angeles Department of Consumer and Business Affairs' Center for Financial Empowerment. The program works with community organizations, County departments, and financial institutions to increase access to mainstream bank accounts. This helps avoid expensive alternative financial services and puts individuals on a path to increased savings and financial empowerment.

Bank On Los Angeles County is a program lead by the L.A. County Department of Consumer and Business Affairs' Center for Financial Empowerment (CFE) to connect residents to safe and affordable financial products.

Bank On Los Angeles County works with local banks and credit unions to provide low-cost checking accounts that serve as an alternative to expensive financial services. The banks and credit unions that join Bank On must include services that are considered safe for consumers.

Some of the Bank On Los Angeles County checking account features include:

-Free Check Cashing Services
-Free and Unrestricted Customer Service
-Free Online and Mobile Banking
-Low Minimum Opening Deposit Fee, $25 or Less
- No Overdraft Fees
For more information, please visit : https://dcba.lacounty.gov/bankon/

APPLICATION PROCEDURE Call for more information on how to apply FEES/PAYMENT SOURCE Not applicable
Application Procedure
Service Condition Fee

Free

Free

Address

500 W. Temple St., B-96

Los Angeles , CA 90012 (Physical)

Get directions

Service/Intake

(800) 593-8222 (Toll Free From Within Los Angeles County) (213) 974-1452 (For Calls Outside of Los Angeles County)

FAX

(213) 687-1137

TDD

(213) 626-0913

Service/Intake and Administration, Coronavirus

(833) 238-4450 (Coronavirus Business and Worker Disaster Help Center)

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