If you’ve been to Oakland lately, you may have seen advertisements on bus and BART about Bank on Oakland.   These are part of our new marketing campaign, which warns against payday lenders and check cashing stores, while promoting safe banking practices.  The ad campaign began this June and will continue through September. 

Bank on Oakland connects “unbanked” households with mainstream financial products and services, so they can begin saving, build a credit history, gain access to lower-cost credit, and invest for their future.  Unbanked individuals can lose up to $800 a year in check cashers’ fees just to cash their paychecks, but with a  checking account they can avoid these fees.  Bank on Oakland is program of United Way and Operation HOPE in partnership with banks, community organizations, and local governments.

If you or someone you know wants to learn more about getting a bank account through Bank on Oakland visit www.bankonoakland.ca.gov or call (510) 434-5294.