Bank On Program
In our ongoing commitment to better serve our communities, we are now participating in several Bank On initiatives.
Bank On is a collaborative effort between federal regulatory agencies, state and local governments, financial institutions, and community-based organizations to bring unbanked and underbanked residents into the financial mainstream. Each Bank On program is region specific.
Currently, East West Bank is participating in
- Bank On San Francisco
- Bank On Oakland
- Bank On Seattle-King County
Participating Institutions provide low-cost or free checking account products as a viable alternative to check cashing services and as a safe alternative option to keep their money. We currently offer our "Community Checking" product (with a minimum opening balance of $25, no monthly fee) as part of the Bank On initiatives.