Bank on Dallas
Did you know that 20% of households in the city of Dallas are unbanked? The members of these households can pay up to $40,000 over a lifetime just to cash checks.
Lone Star Credit Union has partnered with the City of Dallas and other area banks and credit unions, as well as
federal regulators, churches, employers and social service agencies, to conduct Bank on Dallas. Bank on Dallas is an initiative aimed at getting the unbanked and under-banked into financial institutions for their own safety and financial security. Some of the many benefits of being banked are:
- 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
If someone you know may benefit from the Bank On Dallas program, they can visit our website, stop by any of our three locations, or call 877-390-9728.
Or, for more information on Bank On Dallas, please visit www.bankondallastexas.com.
