New Bank Accounts Available for All, Bank on Providence
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- At May 12, 2010
- By SHCDC Staff
- In Help for Residents
Why spend hundreds of dollars a year at a check-cashing company when you can deposit your money in a free or low-cost account and pay your bills at no additional cost? Today, everybody can get an account at a bank or credit union. 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 still bank in Providence with Bank on Providence.
Bank on Providence is a comprehensive program intended to connect the “unbanked,” those who live without access to mainstream financial institutions and are forced to rely on expensive check-cashing services, with affordable and appropriate mainstream financial services.