“Bank on Connecticut” Pilot Programs Will Help Residents Without Bank Accounts

State Treasurer Denise L. Nappier and the Connecticut Association for Human Services, a statewide anti-poverty nonprofit organization, recently announced the establishment of five “Bank on Connecticut” pilot programs across the state.

The pilot programs will help members of Connecticut’s 73,000 households without bank accounts learn to safely and effectively manage their personal finances. Program participants will attend an orientation class to learn (1) how to manage a household budget, (2) the value of having a bank account, and (3) how to maintain an account and avoid fees. Upon completing the class, each participant will open a bank account at a local partner bank.

The pilot programs will be held in Bridgeport, Derby, New Haven, Norwalk and Stamford.