The First Accounts program awarded fifteen grants in May 2002 to develop and implement programs to expand access to financial services for low- and moderate-income individuals who currently do not have an account with an insured depository institution or an insured credit union. A report about the program is available by emailing: first.accounts@treasury.gov. The executive summary of the report may be read at the link below.
For information about the Treasury Department’s current efforts to expand access to financial services for low- and moderate-income individuals, visit the page for the Community Financial Access Pilot.
For more information about the First Accounts program, please contact: