In an effort to reach the city’s most underserved residents and communities, Atlanta Mayor Kasim Reed on Wednesday announced a program to help them with financial education and banking. The “Bank On Atlanta” initiative will “allow our underbanked and unbanked residents access to personal and business accounts and the opportunity to experience financial dignity,” Reed said in a tweet.
The program has its origins in California, launching in San Francisco in 2006. Since then, the Bank On program has spread to Chicago, Houston, Philadelphia, Savannah and Washington D.C.
