Expanding Access to Simple, Secure Banking in Our Communities

Five Star Bank is committed to ensuring our communities and the people who call them home have access to opportunity, trusted support and reliable financial services. Earning the Bank On certification for our Progress Checking account is one more way we stand by that commitment. 

What is Bank On certification and why it matters. 

Bank On is a national initiative that encourages financial institutions to offer checking accounts that support individuals who may be new to banking or returning to it. By meeting the Cities for Financial Empowerment Fund’s National Account Standards, our Progress Checking account provides a safe and practical option that is affordable and accessible for everyone with:  

• No monthly service fee and no overdraft fees 
• Low minimum account balance of $0.01 to avoid closure  
• Access to over 43,000 surcharge-free ATMs nationwide 

“We believe that everyone deserves access to a safe and secure place to bank – it’s that simple. We’re proud to offer Progress Checking as an affordable, accessible, and transparent product to help our customers start off on the right foot on their journey towards financial wellness,” said Chief Consumer Banking Officer Eric Marks. 

Community-focused banking drives progress.  

For more than 200 years, Five Star Bank has been proud to serve as a trusted partner to our customers and our communities. By listening and seeking to understand the needs of everyone we serve, we are able to respond in meaningful and practical ways that drive progress. We know that a checking account is in many ways a foundational financial building block. It provides individuals and households with the opportunity to conduct financial transactions, save for emergency and long-term needs, build credit history and access credit on fair and affordable terms. By offering a checking account option that removes common barriers, like unexpected fees and high minimums, we are able to help more people take a step toward stronger financial futures. 

For other ways we support the communities we serve, visit our Community Involvement page.