The City partnered with seven banks and four credit unions to offer the NYC SafeStart Account to all New Yorkers. The NYC SafeStart Account is a safe and affordable starter account.
NYC SafeStart Account special features avoid costly fees and help protect your money:
No overdraft fees
No monthly fees, provided minimum balances are met
Minimum balance requirements of $25 or even less, depending on the financial institution
ATM Card (no debit card)
You can open an NYC SafeStart Account at participating bank and credit union branches throughout New York City (listed below) or schedule a free one-on-one financial counseling session at one of the City's Financial Empowerment Centers to learn more about opening an NYC SafeStart Account and managing your money.
Note: All branches offer services in English and Spanish.