Bank On Worcester County is a creative approach to addressing poverty as a community health concern, resulting in a unified partnership of local government, non-profit organizations and banking institutions focused on increasing financial stability for low-to-moderate-income individuals and families through access to banking and financial education.

WCAC was awarded an Activation Fund grant from the Health Foundation of Central Massachusetts in order to establish Bank On Worcester County in 2017. Partners are working to increase access and decrease barriers to conventional banking institutions through the development of safe and affordable products and options, as well as financial education opportunities to meet the needs of low-to-moderate income individuals and families in Worcester and Southbridge.

Participating Bank On Worcester County Financial Institutions:

Bay State Savings Bank , Berkshire Bank, Cornerstone Bank , DCU , Fidelity Bank, and UniBank 

See below for map of locations of participating branches.


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Research shows that 5.8% of Worcester County residents are unbanked and 16.3% are underbanked.  Influenced by the national Bank On model, Worcester County banking partners are working within four committees to design a core product, develop a marketing campaign, identify tracking tools, train bank front line staff, and to implement financial education.

Bank On Worcester County desired outcomes:

  • A 10% increase in the number of individuals opening new accounts at partnering financial institutions.
  • A 20% increase in the number of individuals receiving financial education services at WCAC and three partner organizations.
  • A 10% increase in the number of WCAC youth program participants who utilize banking resources.

Additional information:

Bank On Worcester County in the News:

STATEMENT FROM WCAC

In the wake of the murder of Mr. George Floyd, we are still searching for words adequate to express our disgust and horror over the actions of those responsible for his death; our deep sadness for Mr. Floyd’s family, friends and community; and our anger over the repeated dehumanizing and fatal oppressive actions that threaten our nation. On behalf of the Worcester Community Action Council, we unequivocally condemn the police brutality that led to Mr. Floyd’s death. We join the call for justice, unity, peace and reform.

Worcester Community Action Council is directly and indirectly affected by the tragic events in our country that have reopened wounds that were never healed.  Our board of directors, staff and clients feel the impact of these events in deeply personal ways, and struggle with the feelings of fear, mistrust, separation, and anger.  We stand together in solidarity with the thousands of peaceful demonstrators across the country who are demanding justice for Mr. Floyd and an end to the systemic and intentional acts of oppression imposed upon communities of color.  George Floyd is now among countless, precious Black lives lost due to the imbalance of power in this country that has been perpetuated by racism.  Systemic racism must end.  We must hold ourselves accountable as allies to act as a relentless force for positive change.

Community Action was created in 1964 from the efforts of the Civil Rights Movement as part of the federal Economic Opportunity Act in the “War on Poverty”. In our role in the community, WCAC must renew and strengthen our calls for an end to the poverty and inequity that threaten our society.

We will be a strong voice against injustice, oppression and hate by advocating for policies that create equitable access to education, health, social and economic systems.

We will continue to work to stabilize individuals and households through our programs while deepening our resolve to create economic self-sufficiency through financial building blocks.

We will continue our leadership role in the City of Worcester’s Safe and Successful Youth Initiative in partnership with the Worcester Police Department and Worcester Public Schools, recognizing youth employment and education are pathways for success.

We will continue to invest resources in our youngest children across Southern Worcester County from ages zero to five as we help prepare them for long-term success in school and life.

We will use our agency’s purchasing power to support African American, Latinx and Immigrant- owned businesses by purchasing goods and services.

We will support a diverse staff at all levels to work within our own agency staff to examine, change and navigate ourselves and our community into a just and equitable era.

We will listen to the needs of our community and routinely shift our work to address these needs directly.

We will partner with you, and like-minded organizations, to support initiatives that help our community heal, unify, and become stronger.

Together, we can make meaningful reforms, and change the course of the future for our children.

Signed,

Marybeth Campbell, Executive Director                    Noreen Johnson Smith, WCAC Board Chair

Statement endorsed by WCAC Board of Directors 6/2/2020