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FACTS

  • Too many Californians conducts their financial lives outside the financial mainstream
  • Nationally as many as 28 million people are unbanked
  • One in five low-income Californians does not have a checking account
  • Nearly half of Californians do not have a savings account
  • A full-time worker without a checking account could potentially save as much as $40,000 during his career by relying on lower-cost checking account instead of check-cashing services

Financial Partners

  • Bank of America
  • Bank of the West
  • Broadway Federal Bank
  • Chase
  • Citibank
  • City National Bank
  • Kinecta Federal Credit Union
  • Pacoima Development Federal Credit Union 
  • U.S. Bank
  • Union Bank
  • Wedbush Bank 
  • Wells Fargo

MANAGING YOUR FINANCES

We want you to have all the tools you need to get the most out of your new account and start saving for the future. We've partnered with local nonprofit organizations to offer you a wealth of financial education classes. Now you can learn how to:

•   Stay on a budget
•   Manage a checking account
•   Improve your credit rating
•   Pay off debt
•   Save for the future
•   Take a class at a community organization near you, or even online.


Learn in person
We've partnered with local financial institutions and community based organizations to provide financial education workshops to everyone who opens a Bank on Los Angeles account. Our Community Partners offer classes every month, at locations throughout the city. Bank on Los Angeles Community Partners offer classes in English and Spanish every month, at locations throughout the city.
 
Click here to see a calendar of current workshops.
 
Learn online
Online classes are an easy and convenient way to learn. Visit the Beehive's Web site to learn how to manage your checking account, create and manage a budget for your family, file taxes online for free, and much more. The Beehive also offers online tutorials on everything from getting a GED or finding a lawyer to obtaining low-cost health care or getting a free e-mail account. Click here to view available tutorials.

If you have any questions or comments about Bank on Los Angeles, please call (213) 744-9307.
 
Frequently Asked Questions
 
 
 
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