Indiana Assets & Opportunity Network
Increasing Asset Acquisition for Low-Wealth Hoosiers

Indianapolis Bank On Program


Indianapolis Bank On Program

The Indianapolis Bank On Coalition is part of a national Bank On initiative of locally-led partnerships between local public officials; city, state, and federal government agencies; financial institutions; and community organizations that work together to help the financial stability of unbanked and underbanked individuals and families in their communities. With the goal of ensuring "everyone has access to safe and affordable financial products and services," the Bank On initiative is responsible for innovative financial and banking products for the unbanked and underbanked introduced by many lending institutions. In addition, Bank On programs raise public awareness, target outreach to the unbanked, and expand access to financial education. 

To find the 2017-2018 Bank On National Account Standards, please follow this link

To access more information on Bank On, please follow this link


2016 Banking Comparison Matrix

The following images compare the debit/checking account products, savings account products, and the credit building products of seven Indiana banks (MainSource Bank, Chase Bank, Fifth Third Bank, Regions Bank, PNC Bank, Older National Bank, and First Merchants Bank) to better service the estimated 765,000 unabanked and underbanked Indiana residents.

All data comes from a voluntary survey sent to all banks operating in Indianapolis. This brochure is meant to be used as a guiding tool and the financial products may have changed since publication. 

As a result, the information should not be used as an official comparison of the following lending institution's financial products.


Comparing Debit and Checkless Checking Account

Checking Matrix.png

Comparing Savings Accounts 

Comparing Credit Building Products

Credit Building Matrix.jpg