Posted inCalifornia

California Lawmakers Announce First-in-the-Nation Universal Banking Services Access Program

Sacramento, CA, March 30, 2021 – Today a coalition of lawmakers and financial services advocates joined together to announce landmark legislation that would offer a zero-cost, zero-penalty bank account to all Californians. The California Public Banking Option Act (AB 1177), also known as BankCal, creates a financial services platform with existing financial institutions to close […]