Top Tweets for #CalAccount
Too many households are having to rely on costly alternatives like check cashers just to manage their money. It’s hurting families + our economy. Read @RiseEconomy’s new paper on why CA needs #CalAccount — a public option for financial inclusion https://t.co/lq1EC7ozOu
California just approved $1M in funding to keep #CalAccount moving forward — bringing no-fee, state-backed accounts to millions who've been left out of the financial system. No overdraft fees. No hidden charges. Just real access for working families.
A second win for CalAccount! Too many Californians are unbanked or hit with fees just to access their own money. Today’s Assembly Labor Committee vote brings us closer to making #CalAccount real—a no-fee, no-penalty public banking option that levels the playing field.
Over 1 in 6 #CA households are unbanked or underbanked, relying on costly check cashers. #AB1365, authored by @AsmRobertGarcia, passed the Assembly Banking Committee & brings us closer to #CalAccount: a no-cost, penalty-free banking option for all Californians💪#ProtectConsumers
Thank you to the leadership of @AsmRobertGarcia and testimony from
Sandra Jauregi, a fast food worker with @CAFastFoodUnion who shared the impact of high bank fees on working families, and Cynthia Amezcua representing survivors of gender-based violence @freefromorg. #CalAccount
Big win today! AB 1365 passed the Assembly Banking Committee, bringing us closer to #CalAccount, a no-cost, penalty-free bank account for all Californians. With 1 in 6 households unbanked or underbanked, this is a major step toward financial justice.
The banking system is broken. Millions are unbanked, hit with unfair fees, or shut out entirely.
California’s #CalAccount could change that—offering no-fee, no-penalty accounts for ALL residents. https://t.co/im2vlCj7tG
No-fee, no-penalty bank accounts? It’s possible. The latest report from the @rooseveltinst dives into how #CalAccount can help unbanked Californians access safe, affordable financial services.
Learn more: https://t.co/tsEXrgvJUI… #BankingforAll #ResistReinvestRebuild @bankcalnow @capublicbanking
Facing too many barriers to opening & maintaining bank accounts, millions are having to go w/o basic financial services. With #CalAccount (#AB1365 @AsmRobertGarcia) under consideration, @rooseveltinst lays out a plan to fix financial exclusion in CA https://t.co/BOFtqpL9uG
No-fee, no-penalty bank accounts? It’s possible with CalAccount (#CALeg #AB1365 – @AsmRobertGarcia). @rooseveltinst
dives into how #CalAccount can help unbanked Californians access safe, affordable financial services. Learn more https://t.co/I5fnTncKg0
NEW: California has one of the highest concentrations of unbanked individuals in the country.
With banking protections rolling back, too many must rely on predatory alternatives. @sstohla & Raúl Chávez explore how #CalAccount can change that. https://t.co/yPcRddar4T
Locally-controlled finance is the future. #CalAccount is paving the way for zero-fee, no-minimum banking, giving millions of unbanked & underbanked Californians access to the financial system they deserve. Read the article by @tran_scends @capublicbanking:
https://t.co/4meVShkoqn
Tia Orr, ED of @seiucalifornia, represents 700K caregivers & public service workers, mostly women & women of color. Too many Californians are paying the price for big banks' extractive practices, worsening the racial wealth gap. Families should come before profit. #CalAccount
Anneisha Williams, a mom of six in LA, can't afford high bank fees. Overdraft charges pushed her away from banks. Now unbanked, she uses check cashing services & struggles to save. Her story mirrors 1 in 5 Californians without bank accounts. #CalAccount
https://t.co/fNIuRQ0Glm
Estella Mora, a caregiver for the elderly & disabled in CA, says bank fees make it impossible for her to save money—an all-too-common experience.
Public banking options like #CalAccount can give people like Estella free access to their hard-earned money. https://t.co/RX3Y4kmDNK
“Creative solutions like CalAccount are essential to lifting up working families – especially those in underbanked Black, brown and immigrant communities.” Read more about the CalAccount from April Verrett and Felicia Wong in Capitol Weekly: https://t.co/yXDGQQbqLM @fionama
Los Angeles labor & coalition leaders gathered at @SEIU2015 in support of #CalAccount. Fee-free banking is crucial to help nearly 8 million un/underbanked Californians with basic banking access!
The CalAccount Community Coalition in Sacramento & LA turned out today in support of #CalAccount to advance the nation's first state-run universal banking program. People shouldn't have to pay fines & fees to access their own hard-earned money! 💵
Great op-ed by @SEIUPres & @rooseveltInst: The American Dream shouldn’t come with hidden fees. Millions face banking charges draining wealth. #CalAccount's free bank accounts will tackle unfair practices & boost the economy by $5B.
https://t.co/Fwz9pfnZgm
Must-read op-ed by @SEIU President April Verrett & @rooseveltinst Pres. Felicia Wong. Many face bank charges that drain wealth rather than build it. #CalAccount will close the racial wealth gap with free debit accounts, combating unfair banking practices.
https://t.co/lKMP7IcKrX
Extractive bank fees lock out millions from the banking system.
No-cost public banking alternatives like #CalAccount could give marginalized people the full financial system access they need to thrive. Learn more from @EmDiVito ▶️ https://t.co/xKc8S02QAj https://t.co/8OldH5eHmh
“The American Dream shouldn’t come with a hidden agenda or unexpected fees. Yet, millions of Americans are charged banking fees that drain their wallets instead of building wealth,” say @SEIUPres @SEIU & @FeliciaWong @rooseveltinst in @Capitol_Weekly.
https://t.co/qaJj7m7UfV
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