Payments News


Bank On Boston Partnership To Support Unbanked And Under Banked Boston Residents

“As part of the Walsh Administration’s work to reduce racial and economic disparities in banking access, Mayor Martin J. Walsh and the Mayor’s Office of Financial Empowerment (OFE) today announced that its Bank On Boston initiative has partnered with USALLIANCE Financial to design a free, easy-to-use checking account that meets the needs of Boston’s unbanked and underbanked residents. With the creation of Dora Everyday Checking , USALLIANCE Financial becomes the first regional financial institution to meet Bank On national account standards for safety and affordability.”