Bank On Burque Coalition

The Bank On Burque Coalition

Coalition Statement of Principles and Shared Goals

The national Bank On platform supports local coalition efforts to improve individual and family financial stability by connecting consumers to safe, affordable checking accounts (Bank On certified accounts).

Bank On Burque is a City of Albuquerque economic inclusion initiative for connecting individuals and families to Bank On certified accounts available in the Albuquerque community. Ensuring that low-cost, no overdraft, no-surprise-fee bank and credit union accounts are an option for unbanked and underserved individuals.

The Bank On Burque Coalition membership generally come from the following sectors: financial institutions with a Bank On certified account, municipal leaders and public agencies, community and social service organizations, federal and state banking regulators, and philanthropic partners and advocates.

In addition to connecting people to Bank On certified accounts, Bank On Burque Coalition goals are to also raise public awareness, target outreach to unbanked populations, and expand access to financial education.

Be part of a national movement! 

Bank On Burque is joining 90+ coalitions nationwide.

To see a map and list of Bank On coalitions across the country

Interested in finding out more?

If you are a financial institution and would like more information- National Bank On website

You are also welcome to contact members of our steering committee:

Banks - Pedro Beaschochea from First Convenience Bank at [email protected]

Credit Unions - Hēna Torres from Rio Grande Credit Union at [email protected]

If you are a community organization you are welcome to contact:

C. Sandro Tonini from WESST at [email protected]

Coalition Steering Committee

Steering committee includes representation from the following institutions and organizations:

Albuquerque Community Foundation, City Of Albuquerque, Enlace Comunitario, Federal Deposit Insurance Corporation (FDIC), First National Bank Texas (dba First Convenience Bank), JP Morgan Chase & Co, NMCAN, Nusenda Credit Union, Prosperity Works, Rio Grande Credit Union, Tax Help New Mexico with United Way of Central New Mexico, U.S Bank, WESST, and Youth Development Inc. (YDI).  Click here to see our steering committee members.

Biannual Coalition Meetings

Bank On Burque Coalition Launch - Thursday, January 20, 2022, 12:00PM (Noon) -1:00PM  Hear from our bank and credit union partners on why they are participating in the nationwide movement for safe and affordable accounts.  Our community partners will share client stories and examples of how access to a NO overdraft and NO surprise fee checking account helps their clients, strengthens the support their organization provides, and for some organizations encourages the conversations for considering the advantages of direct deposit.  Click here for recording of meeting.

 

Next Coalition Meeting

The Fall Coalition meeting will be a hybrid event - in person and via Zoom.

Thursday, March 23, 2023 10:00am-11:00am  

Access to no overdraft accounts is important – most of us have experienced or know someone who has experienced the stress of overdraft fees. The City of Albuquerque is pleased to establish a coalition for ensuring that safe and affordable accounts are available for our community.

Come hear about the successes and learning moments from Bank On Burque partners at our October Coalition meeting.  Our steering committee will also share plans for the next year and how to be part of this important work.

Where:

In Person – Enlace Comunitario (Please RSVP by emailing Jordan Gutierrez- [email protected])

Virtual – Zoom Meeting (Please email Jordan Gutierrez at [email protected] for Zoom link)

Everyone is welcome!  This is a free event.

Prior to attending the Bank On Burque Coalition Meeting please view the short 14-minute video available on the Bank On Burque website.

Bank On Burque How-To Video

We look forward to seeing you there!

 

Coalition Membership

For more information on joining the Bank On Burque Coalition please contact: Jordan Gutierrez, Bank On Project Manager, at [email protected]