Bank On Rockville

Bank On Rockville is part of the city’s Financial Empowerment initiative to provide residents with access to safe and affordable checking and savings accounts, increase financial capability, and offer pathways to economic self-sufficiency. In addition to helping residents open a free basic checking and/or savings account at one of our participating banks or credit unions, residents can be connected to programs to help with budgeting, credit counseling, debt management, tax preparation, and workforce development.

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Bank On Rockville Coalition

The Bank On Rockville Coalition is comprised of a wide range of agencies and organizations, including state and local government, non-profits, schools and businesses that are committed to the financial well-being of our most vulnerable residents. Our coalition members provide access to safe and affordable bank accounts and program activities that educate on matters of personal finance and integrate banking access for residents. Bank On Rockville provides a space for coalition members to share their expertise as service providers and maintain a seamless referral network ensuring that Bank On Rockville clients are connected to the resources they need for financial success.

Interested in partnering? Contact Niambi Powell, Housing Programs Manager at npowell@rockvillemd.gov.

Coalition Members

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Family FinCap

Family FinCap is a pilot two-generation, incentivized savings program that combines financial literacy education with workforce development opportunities. Family FinCap is geared toward asset-limited, income-constrained and employed (ALICE) families with at least one employed caregiving adult and one school-aged minor child. Participant families will have the opportunity to gain increased financial literacy skills through monthly personal finance workshops. Families will also receive monthly case management services to support their career/vocational goals to upskill into employment opportunities that pay a living wage. Matched funds from the city will be restricted to workforce development purposes, including higher education, certification and credentialing, and small business endeavors.

Program slots are extremely limited. Families directly referred by a social worker, case manager, public housing authority staff person, or school student resource counselor will be prioritized. Applicants who self-refer must include the contact information of a prior service provider (social worker, case manager, etc.) as a reference.

Family FinCap Application

Monthly Workshop Schedule

Family FinCap workshops will be held monthly on the following Tuesdays from 6-7:30 p.m.

  • In English at Elwood Smith Community Center
    • January 10, 2023
    • February 7, 2023
    • March 7, 2023
    • April 4, 2023
    • May 2, 2023
    • June 6, 2023
  • In Spanish at Elwood Smith Community Center
    • January 17, 2023
    • February 14, 2023
    • March 14, 2023
    • April 11, 2023
    • May 9, 2023
    • June 13, 2023
  • In English and Spanish at Lincoln Park Community Center
    • July 25, 2023

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Need Help with Managing your Finances?

The City of Rockville wants Bank On clients to have the tools needed to get the most out of their new accounts and start saving for the future. Our coalition members have partnered with us to offer a wealth of financial education classes and services to help you reach your financial goals. Classes are offered both in-person and virtually for your convenience!