Banking Resources

Why Get a Bank Account?

• Your money is safe and FDIC insured up to $250,000.
• You avoid check-cashing fees.
• You can shop online and pay bills from anywhere.
• You can keep an eye on how much money you have.

Recommended Banks

Albert
Mobile banking, savings and investing—all in one place

Bank On
Accounts with low or no fees, no overdraft charges, online bill pay and other basic features

Capital One 360 Checking Account
Online checking account, no minimum deposits required, no fees

Chime
Online banking with no monthly fees, no opening deposit or minimum balance required

First United Bank Checking Account
Debit card, online banking and bill pay, no minimum balance, monthly fee waived with e-statements or required monthly balance

SmartyPig
Free, online savings account

Stretch
Stretch makes it easy for people coming home from prison to apply for banking services—even if they don’t have a State ID yet. You can apply for a Stretch card using your prison ID and release paperwork. Stretch does not check your credit, past banking history, and there is no monthly service fee or minimum balance requirements.

Start your online application by visiting www.stretch.money. Questions? Call 877-275-4115 or email help@stretch.money

Wells Fargo Clear Access Banking
No overdraft fees and a low initial deposit

Additional Banking Resources

• Checklist: How to Pick a Bank Account
• Nerd Wallet: Find the “best of” checking and savings accounts, credit cards and more
• Independent Community Bankers of America: See a list of banks with accounts that can be opened online