Banking Inclusion Initiative

The Banking Inclusion Initiative is Wells Fargo’s 10-year commitment to help more people who are unbanked gain access to affordable, mainstream accounts and provide easier access to financial education and guidance. We're focusing on Black and African American, Hispanic, and Native American/Alaska Native families, who account for more than half of America's 5.9 million+ unbanked households. We're also assisting those who are underbanked and underserved, who may have a bank account yet still use high-cost, non-bank services.

Since launching the Banking Inclusion Initiative in May 2021, Wells Fargo has organized the National Unbanked Task Force and collaborated with multiple national and community stakeholders to pursue solutions that increase access to affordable products, digital banking and financial guidance within unbanked communities. Additionally, Wells Fargo has refurbished a number of branches in Low-and moderate-Income (LMI) neighborhoods with a high population of unbanked households to better serve the community needs.