Skip to content

Bank On Rockville to Help Low-Income Residents Better Control Their Finances

Aerial view of a Rockville neighborhood.

Rockville has launched Bank On Rockville, an initiative to connect its low- to moderate income residents to safe and affordable bank accounts, increase their financial capability, and provide more pathways to economic self-sufficiency.

As part of a national movement, Bank On Rockville will connect residents with nationally certified Bank On accounts that feature low or waived maintenance fees, low minimum opening balance, no inactivity fees and no overdraft fees.

The program also provides referrals to free personal finance workshops, one-to-one financial coaching and credit counseling, and tax preparation services. (Income eligibility restrictions apply for tax preparation.) Part of the Bank On Rockville program includes information about a pilot program, Family FinCap, short for “financial capabilities,” a parent and child(ren) or two-generation savings program that incentivizes savings through a grant-funded match.

The program also combines financial literacy education with workforce development opportunities. Matched funds will be restricted to workforce development purposes, including higher education, certification and credentialing, and small business endeavors. Family FinCap begins Tuesday, Jan. 10 and runs through Tuesday, July 25. Eligibility criteria apply. For more information about Bank On Rockville programming, visit www.rockvillemd.gov/bankon.

Most Recent Articles

Neighborhood Celebrated with New Public Artwork 

Thanks to D.C.-based artist Rose Jaffe, a vibrant mural now adorns the playground-facing wall of the Lincoln Park Community Center at 357 Frederick Ave.  The mural features residents of all ages dancing, playing and moving together, alongside Maryland and Lincoln

Read More »

Making the New Pool’s Future More…Concrete

Work is continuing on a comprehensive renovation and reconfiguration of the Rockville Swim and Fitness Center’s outdoor recreation pool. Improvements are being made to accessibility, amenities will be modernized, and infrastructure will provide new recreational features and pools for swimmers

Read More »

Sign Up for Our Newsletter

Get the best of “Rockville Reports” delivered right to your email and stay up to date on what’s happening in our city.

Contact Us

Email the City of Rockville’s Public Information Office.

About Rockville Reports

Rockville Reports is the official publication of the City of Rockville, published at City Hall, 111 Maryland Ave., Rockville, MD 20850-2364.