Bank On Colorado works to connect everyone to safe and appropriate financial products and services
Bank On Colorado is a collaboration between the Colorado Department of Law’s Office of Financial Empowerment, financial institutions, community-based organizations, and local governments to ensure that all residents have the opportunity to be financially healthy.
Bank On Colorado is part of the national Bank On movement. Like dozens of other Bank On coalitions across the country, Bank On Colorado partners across sectors to connect residents to banking products certified as meeting the Cities for Financial Empowerment Fund’s Bank On National Account Standards. Bank On Colorado also helps residents with information about how to use these products effectively and how to navigate the consumer finance marketplace successfully.
Open a Bank On certified account:
A basic banking account is an important first step in participating in the financial mainstream, depositing your paycheck safely, paying bills effectively, accessing or building credit, and saving for emergencies and the future.
The following banks and credit unions across Colorado offer low-cost, low-fee transaction accounts that are certified as meeting the Bank On National Account Standards.
Academy Bank Safe Spending Account
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
For information about the Academy Bank Safe Spending Account, visit the Academy Bank website.
Armed Forces BankSafe Spending Account
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
For more information about the Armed Forces Bank Safe Spending Account, visit the Armed Forces Bank website.
Bank of America Advantage SafeBalance Banking Account
- Monthly Maintenance Fee: $4.95
- Minimum Opening Deposit: $25
- Other Account Considerations: Monthly service charge waived for account owners who are under the age of 25 and qualify as a student OR the account owners under age 18
For more information about the Bank of America Advantage SafeBalance Banking Account, visit the Bank of America website.
Bellco Credit Union Simplicity Checking
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $0
- Other Account Considerations: Bellco partners with Bank On Denver's Financial Coaching program
For more information about the Bellco Credit Union Simplicity Checking, visit the Bellco Credit Union website.
BMO Smart Money Account
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
- Other considerations: Monthly service charge waived for account holders under age 25.
For more information about the BMO Smart Money Account, visit the BMO website.
BOK Financial Opportunity Banking
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
For more information about the BOK Financial Opportunity Banking, visit the BOK Financial website.
Citywide Banks Check Free Banking
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
For more information about the Citywide Banks Check Free Banking, visit the Citywide Banks website.
Commerce Bank Velocity Pay
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $0
- Other Account Considerations: Monthly service charge is avoidable by making 15 debit card transactions per month
For more information about the Commerce Bank Velocity Pay, visit the Commerce Bank website.
Del Norte BankOn Checking
- Monthly Maintenance Fee: $3
- Minimum Opening Deposit: $25
- Other Account Considerations: Available to San Luis Valley residents only
For more information about the Del Norte BankOn Checking, visit the Del Norte Bank website. Please note - this is available to San Luis Valley residents only.
First Interstate Bank Simple Banking
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
For more information about the First Interstate Bank Simple Banking, visit the First Interstate Bank website.
FNBO Access Debit Account
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $0
For more information about the FNBO Access Debit Account, visit the FNBO website.
First Southwest Bank Checkless Checking
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $25
- Other Account Considerations: Serves Southern Colorado, with locations in Cortez, Durango, Pagosa Springs and the San Luis Valley.
For more information about the First Southwest Bank Checkless Checking Account, visit the First Southwest Bank website.
Independent Financial IntroChecking Account
- Monthly Maintenance Fee: $4.95
- Minimum Opening Deposit: $25
For more information about the Independent Financial IntroChecking Account, visit the Independent Financial website.
Chase Secure Banking Account
- Monthly Maintenance Fee: $4.95
- Minimum Opening Deposit: $0
For more information about the Chase Secure Banking Account, visit the Chase website.
KeyBank Hassle-Free Account
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $10
For more information about the KeyBank Hassle-Free Account, visit the KeyBank website.
Midwest One Bank Freedom Checking
- Monthly Maintenance Fee: $3.95
- Minimum Opening Deposit: $25
For more information about the MidWestOne Bank Freedom Checking, visit the MidWestOne Bank website.
Minnequa Works Credit Union Overtime Checking Account
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $25
- Other Account Considerations: Serves Pueblo and Custer Counties.
Must have an active debit card with at least 1 transaction per month
For more information about Minnequa Works Credit Union Overtime Checking Account, visit the Minnequa Works Credit Union website.
PNC Bank Foundation Checking
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
- Other Account Considerations: Monthly service charge waived for account holders age 62 or over.
For more information about the PNC Bank Foundation Checking, visit the PNC Bank website.
Power Credit Union Empowered Checking
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $5
- Other Account Considerations: Serves Southern Colorado with locations in Pueblo Main, Pueblo West, Cañon City, and Trinidad
For more information about the Power Credit Union Empowered Checking, visit the Power Credit Union website.
Sunflower Bank Achievement Checking
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
For more information about the Sunflower Bank Achievement Checking, visit the Sunflower Bank website.
U.S. Bank Safe Debit Account
- Monthly Maintenance Fee: $4.95
- Minimum Opening Deposit: $25
For more information about the U.S. Bank Safe Debit Account, visit the U.S. Bank website.
Vectra Bank of Colorado OnBudget Banking
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
For more information about the Vectra Bank of Colorado OnBudget Banking, visit the Vectra website.
Wells Fargo Clear Access Banking
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
- Other Account Considerations: Monthly service charge waived for primary account owners under age 24.
For more information about the Wells Fargo Clear Access Banking, visit the Wells Fargo website.
Westerra Credit Union EverydayMoney Account
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $25
- Other Account Considerations: Serves Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, and Jefferson Counties
For more information about the Westerra Credit Union EverydayMoney Account, visit the Westerra Credit Union website.
Yampa Valley Bank's Bank on Account
- Monthly Maintenance Fee: $5
- Minimum Opening Deposit: $25
- Other Account Considerations: Monthly service charge is avoidable by 15 debit card transactions per month. Serves Northwest Colorado with locations in Craig and Steamboat Springs.
For more information about the Yampa Valley Bank's Bank on Account, visit the Yampa Valley Bank website.
Zing Credit Union Clear Card
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $0
- Other Account Considerations: Serves Adams, Arapahoe, Jefferson, and Denver Counties.
For more information about the Zing Credit Union Clear Card, visit the Zing website.
Accounts available online only (no physical branch presence in Colorado)
Ally Bank Interest Checking Account
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $0
- Other Account Considerations: Account will close automatically if first deposit or transfer is not received within 30 days after account opening.
For more information about the Ally Bank Interest Checking Account, visit the Ally Bank website.
Capital One 360 Checking Account
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $0
- Other considerations: Account will close if first deposit or transfer is not received within 60 days after account opening.
For more information about the Capital One 360 Checking Account, visit the Capital One website.
Discover Cashback Debit Checking Account
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $25
For more information about the Discover Cashback Debit Checking Account, visit the Discover website.
LendingClub Rewards Checking
- Monthly Maintenance Fee: $0
- Minimum Opening Deposit: $25
For more information about the LendingClub Rewards Checking, visit the LendingClub website.
- This information about Bank On certified accounts in Colorado was last updated 3/14/2024.
- Financial institutions interested in offering a Bank On certified account can learn more here.