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Bank on Illinois


Welcome to Bank On Illinois

The goal of Bank On Illinois is to ensure that residents have access to a safe and affordable bank or credit union account. Bank On Illinois is a collaborative initiative between the State of Illinois, community organizations and financial institutions. All partners in the coalition are committed to improving the financial stability of Illinois residents. 

Through Bank On Illinois you can find an affordable bank or credit union account now that will help you get your unemployment and other emergency benefits faster, and more safely. Prepaid cards may charge fees for using ATMs or accessing customer service and will not allow you to load cash or other payments onto the card so you can keep your money all in one place. 



Explore the grid below to identify the right account for you.  

In order to avoid charges when choosing a financial institution, consider locations of branches and ATMs to avoid out of network costs. None of these accounts charge overdraft fees, most have low or waivable monthly charges, and all provide free online banking.  

Compare the features below to determine which account will most effectively meet your needs. 


Financial Institution  Account Name  Monthly Fee Minimum Opening Deposit  Minimum Balance Requirement  Nonbank ATM Fee Overdraft Fee Paper Checks  Online Checks
Ally Bank Interest Checking Account  $0.00 $0.00 No Varies- There is a $10 reimbursement for nonbank ATM fees during each statement cycle No Yes Yes
American Bank & Trust Edge Checking  $0.00 $0.00 No $2.00 No No Yes
Armed Forces Bank Safe Spending Account $5.00 $25.00 No       $3.00 No Yes Yes
BancorpSouth Budget Smart Checking  $5.00 $25.00 No $2.00 No Yes Yes
Bank of America Advantage SafeBalance Banking $4.95 - waived if enrolled in Preferred Rewards or under 24  $25.00 No $2.50 No No Yes
BMO Harris Bank Smart Money Account  $5.00 - waived if under 25 years of age $25.00 No $3.00 No Yes Yes
Capital One 360 Checking Account $0.00 $0.00 No $0.00 No Yes Yes
Carrollton Bank Basic Banking Account $5.00 $25.00 No $0.00 No No Yes
CBI Bank & Trust Bank On Checking  $5.00 $25.00 No $0.00 No No Yes
Chase Bank Secure Banking $5.00 $0.00 No $2.50 No No Yes
CIBC EasyPath Access Account $0.00 $0.00 No $3.00 No No Yes
Citi Access Account $10.00 - waived with Direct Deposit or Online Bill Pay $0.00 No $2.50 No No Yes
Commerce Bank Velocity Pay $5.00 $0.00 No $2.50 No No Yes
Discover Bank Cashback Debit Checking Account $0.00 $0.00 No $0.00 No Yes Yes
F & M Bank Bank On Checking  $5.00 $25.00 No $0.00 No No Yes
Fifth Third Bank Express Banking  $0.00 $0.00 No $3.00 No Yes Yes
First Bank Thrive Checking Account $9.95 - waived with 2 debit transactions per month $25.00 No $2.50 No No Yes
First Farmers Bank & Trust First Farmers Bank & Trust Foundation Checking $3.00 $25.00 No Varies No Yes No
First Financial Bank NoWorry Checking  $5.00 $0.00 No $0.00 No Yes Yes
First Midwest Bank First Midwest Bank Foundation Checking $0.00 $25.00 No $3.00 No Yes No
First National Bank of Omaha Access Debit Account $4.00 $0.00 No $0.00 No No Yes
FNBC Bank & Trust FNBC eChecking  $0.00 $25.00 No $0.00 No  No Yes
Great Lakes Credit Union Fresh Checking $5.00 $25.00 No $0.00 No No Yes
Illinois Bank and Trust  Check Free Banking $5.00 $0.00 No $2.50 No No Yes
Inland Bank Foundation Account $5.00 - waived with mobile deposit, in-person/electronic deposit. $25.00 No $2.00 No No Yes
Merchants and Manufacturers Bank Green Choice Checking Account  $5.00 No No $0.00 No No Yes
North Shore Trust & Savings Fresh Start Checking  $7.00 - waived with direct deposit or eStatements. $25.00 No $0.00 No  No Yes
Old National Bank EZ Access Account $4.95 $10.00 No $0.00 No No Yes
PNC Bank PNC Foundation Checking  $5.00 $25.00 No $3.00 No No Yes
PNC Bank Smart Access Account $5.00 $0.00 No $3.00 No No Yes
Providence Bank & Trust Neighborhood Connect $7.95 - waived with direct deposit or one POS transaction  $25.00 No $2.00 No No Yes 
Reading Cooperative Bank Honest Checking $5.00 $10.00 No $0.00 No Yes Yes
Regions Bank Regions Now Checking Account  $5.00 $10.00 No Varies No Yes Yes
SIU Credit Union Rebound Checking $5.00 $25.00 No $2.00 No No Yes
U.S. Bank Safe Debit Account $4.95 $25.00 No $2.50 No No Yes 
Wells Fargo Bank Clear Access Banking $5.00 - waived for under 24 $25.00 No $2.50 No No Yes 
Wintrust Community Banks Money Smart Checking  $0.00 $0.00 No $3.00 No Yes


Wood Forest National Bank WBank Account $5.00 $25.00 No $2.50 No No Yes





Having trouble opening one of these accounts? Contact the customer service of the bank or credit union where you want to open your account or you can also review our frequently asked questions




The Bank On Illinois Commission, established by Public Act 101-0427, is a coalition comprised of state and city elected officials, financial institutions, and community organizations that work together to improve the financial stability of unbanked and underbanked residents in Illinois.

Many households in Illinois do not have a checking or savings account and rely on costly check-cashing and other alternative financial services. For these residents, opening a safe, affordable and non-predatory checking or savings account is an important step toward improving financial wellness. Bank On Illinois helps make that step easier. Under and unbanked populations are targeted by predatory lenders, such as auto title lenders, cash checkers, payday lenders and pawnshops.

These non-bank financial entities take advantage of low-income and immigrant lenders by charging high, long-term fees, in exchange for requiring low information lending documentation. In 2008, the Brookings Institute found that, on average, a full-time worker that forgoes traditional retail banking products is charged roughly $40,000 in lifetime fees. Another example, a household with an income of $32,000 per year can typically spend up to $2,400 annually simply cashing paychecks at check-cashing locations. Those funds could instead be put towards savings accounts, college savings plans, or other important financial goals.

This effort is made possible thanks to The Cities for Financial Empowerment fund (CFE fund). The CFE fund leads a national movement that supports local coalition efforts to expand banking access for consumers outside the financial mainstream.

The CFE fund and Bank On Illinois Commission recognize that banking access is of critical importance in today’s world, and will work together to ensure ease of access to banking that is equitable both for individuals and community financial organizations. Further, the Bank On Illinois Commission will ensure that there is a strong partnership between regulators, banks, the State of Illinois, and nonprofit agencies. Indeed, the implementation of this program is a joint effort by stakeholders and partners committed to the cause.



For more information about Bank On Illinois you may contact Bola Delano by emailing bola.delano@illinoiscomptroller.gov.


Neither the Illinois Bank On Initiative, the Illinois Office of Comptroller, nor the State of Illinois (The "State") are liable for damages resulting from the use of any Certified Financial Product(s) ("CFPs") offered by any financial institution as part of the Illinois Bank On Initiative. All CFPs are administered solely by the offering financial institution.

The State can only provide general information regarding CFPs and cannot advise customers on detailed financial matters. This includes, but is not limited to, interpretations of federal, state, and local law, tax calculations, and calculations of payments and fees. Consult your own legal, financial, or tax professional, including, but not limited to, tax attorneys and Certified Public Accountants, for such specific information.