Bank On Memphis is a public-private partnership between
the Shelby County Trustee, financial institutions and nonprofits
to encourage the unbanked to establish an account
at a mainstream financial institution.
Bank on Memphis Involves Three Major Elements
ENGAGE
Connect the 118,000 households unbanked and under-banked in Shelby County with affordable and safe checking accounts. |
EDUCATE
Provide multi-generational outreach and financial literacy efforts through community based organizations to promote banking and sound financial management. |
EXPAND
Increase opportunities for asset building and introduce customers to additional products and services. |