Financial Independence

Financial Independence

We strive to promote financial stability and independence among working families. Comprehensive research drives our efforts to ensure individuals...

  • Have a job with adequate income
  • Have access to work supports
  • Have financial literacy and savings
  • Have access to affordable housing

Health

We strive to foster improved health and well-being, with an emphasis on proactive, preventative action. Comprehensive research drives our efforts to ensure individuals ...

  • Have access to quality, affordable health care coverage
  • Have access to preventative medical and dental services
  • Make healthy choices by eating right, regularly exercising and being free of harmful substances
  • Have healthy, safe and nurturing relationships (free from abuse and violence)
  • Have quality mental health support

Education

We strive to help youth achieve their potential. Comprehensive research drives our efforts to ensure they ...

  • Enter school prepared
  • Have a stable environment
  • Succeed academically in grades K-12
  • Earn a high school diploma
  • Complete postsecondary education

Bank On Treasure Valley

Bank On Treasure Valley recognizes and addresses one of the most critical problems in our community:

The average unbanked individual spends 10 percent of his or her net income on alternative financial services. If you are unbanked, you do not have a checking or savings account. If you are underbanked, you may have a checking or savings account, but you still use costly alternative financial services.

Without a checking account, the most basic financial tool, unbanked families are hard-pressed to build savings and assets, and to respond to emergencies.

Bank On website

What we offer

Through Bank On, a nonprofit program of United Way of Treasure Valley, it’s a simple process for local individuals to get connected to low-cost, starter checking, savings and loan accounts.

The steps

1) Find a class that fits into your schedule.

2) Complete five Bank On class sessions.

3) Receive your certificate.

4) Choose a participating bank or credit union close to you.

5) Start putting money back in your pocket — where it belongs.

NOTE: If you have been involved in fraudulent activity, you may not qualify for a Bank On product.

About the classes

For Bank On certification and the opportunity to set up a checking account, program participants must complete five financial education classes totaling five to eight hours.

Register for a class here

The partners

To addresses this critical community problem, United Way of Treasure Valley and Bank On “Visionary Sponsor” Washington Trust Bank brought together several partners to support the project and promote healthy financial habits. The partners include:

  • United Way of Treasure Valley
  • Washington Trust Bank
  • U.S. Bank
  • Mountain West Bank
  • KeyBank
  • Idaho Independent Bank
  • Banner Bank
  • DL Evans Bank
  • ICON Credit Union
  • Simplot Employees Credit Union
  • Wells Fargo
  • Idaho Department of Finance


BankOnIdaho.org

7.7 percent of U.S. households are unbanked (without a checking or savings account)

17.9 percent of U.S. households are underbanked (may have a checking or savings account but still use costly alternative financial services)

43 percent of households with a yearly income below $30,000 are either unbanked or underbanked.