Bank On Dallas
It's Safe and It's Smart

Welcome to Bank on Dallas and learn how you can protect your money and use it wisely.

The Bank on Dallas program was established because research indicates:

• that about 20% of households in the City of Dallas are unbanked
• that members of these households may pay up to $40,000 over a life time simply to cash checks
• many entities who provide check cashing services also aggressively market pay day loans, title loans, refund anticipation loans, etc., at a high cost. The result -short term credit = long term debt with high interest rate/fees

Participating in the Bank on Dallas program is important because it;

• Reduces high check cashing fees
• Reduces the risk of theft
• Reduces the risk of loss in an emergency e.g. fire,
• Has the potential to lower the cost of credit
• Encourages financial education, savings, and asset building