Getting banked: Oregonians opened 36,422 BankOn accounts in 2025
Oregonians without bank or credit union accounts are at heightened financial risk and the BankOn Oregon Coalition is working to change that. In 2025 alone, 36,422 low-cost accounts were opened through the program. Oregon ranks highly with 98% of people with financial accounts in 2023 compared to 96% nationally. BankOn certified accounts have low or no fees and are available at 23 financial institutions statewide.
National financial education leader: “It starts with supporting teachers”
Billy J. Hensley, president and CEO of the National Endowment for Financial Education, is applauding Oregon’s progress toward a new personal finance class teaching high schoolers the basics of saving, credit management and consumer savviness. “It starts with supporting teachers,” he said during the February meeting of the Oregon Financial Empowerment Advisory Team.
Money for the next generation: Is your child eligible for $1,000?
More than 3 million people have signed up for “Invest America” accounts, also known as Trump Accounts.
The accounts formally launch on July 4. All U.S. children under 18 with a Social Security number can have an account, with an added benefit of $1,000 for those born after Jan 1, 2025. In nearly every Oregon ZIP code, children under 10 could receive an additional $250.
Questions? The Financial Empowerment Advisory Team will host a discussion on April 7 about Invest America accounts with Ray Boshara and Jason Ewas of The Aspen Institute Financial Security Program and Barry Ford, the Oregon State Treasury Chief Program Officer.
April is Financial Literacy Month
Portland State University is celebrating Financial Literacy Month with a drag queen-led financial trivia lunch on April 14. At the Oregon State Treasury, the Financial Empowerment Advisory Team will announce the annual financial champion awards on April 7. How will you celebrate?
Visit the Financially Fit Oregon Community Calendar to find or list events!
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