Fresh Start Financial Education & Banking
About the Progams
Formerly incarcerated people face significant challenges when it comes to financial services – their options are extremely limited. We are committed to changing this narrative. First Step Alliance provides re-entry and other program participants with access to safe, affordable banking products and financial education uniquely tailored to their needs.
Our Fresh Start Banking program is made available through our membership relationship with Element Federal Credit Union. We also offer a Fresh Start Financial Education program in partnership with a best-in-class provider of online financial education and credit counseling services, that has helped millions of people improve their financial health.
Fresh Start Banking
Low cost, no-minimum checking account
Direct deposit of paycheck
Prepaid or regular debit card
Secured credit card to help rebuild credit
Credit Builder loan – build credit & save
Online & mobile banking
Fee-free CO-OP ATM network
Apple, Google & Samsung Pay
eDeposit – deposit checks electronically
Fresh Start Financial Education
Gaining the knowledge to manage your finances, pay down debt, increase savings and establish good credit can help you achieve long-term financial well-being. The Program is free to individual program participants, who can log in anytime to an online learning portal which includes many important financial topics, like creating a budget, identity theft, and understanding your credit score. Individual credit counseling services are also provided to participants.
"Success is not final; failure is not fatal:
It is the courage to continue that counts.”