FNCB BANK’S OPPORTUNITY CHECKING RECEIVES NATIONAL CERTIFICATION BY BANKING ADVOCATES AS A SAFE, AFFORDABLE FINANCIAL PRODUCT
The Cities for Financial Empowerment Fund’s Bank On National Account Standards Certification of Opportunity Checking indicates that it meets over 25 features for safe and affordable consumer transaction accounts.
DUNMORE, Pa., Aug. 18, 2022 (GLOBE NEWSWIRE) -- FNCB Bancorp, Inc. (NASDAQ: FNCB; www.fncb.com), the parent company of Dunmore-based FNCB Bank, today announced that FNCB Bank’s Opportunity Checking
account was officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2021 - 2022). The national safe account
Standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions, designate both core and strongly recommended features that
ensure low cost, high functionality, and consumer safety.
Key features of Opportunity Checking include a monthly cost of only $5, no overdraft or nonsufficient fund fees, the ability to pay bills and make purchases, and federal deposit insurance. Opportunity Checking is available in every one of FNCB Bank’s 16 branches across Northeast Pennsylvania.
“We are honored to receive the Bank On certification for our Opportunity Checking account.” said Gerard Champi, FNCB Bank President and CEO. “Our team analyzed the needs of our community and designed a safe, affordable account that offers many unbanked individuals the opportunity to open a checking account with online access, no overdraft fees and access to more than 55,000 surcharge free ATMs.”
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“The Cities for Financial Empowerment Fund is delighted to award its national Bank On account certification to FNCB Bank’s Opportunity Checking account,” said Jonathan Mintz, President and Chief Executive Officer of the Cities for Financial Empowerment Fund. “Opportunity Checking offers Northeast Pennsylvania residents who are looking to improve their finances a safe, affordable, and truly useful mainstream banking product– this is especially important during COVID-19, as consumers need to access and manage their money both affordably and safely. FNCB Bank’s offering of this terrific account brings them into the forefront of national banking access efforts, and we thank them.”