FNB receives Bank On certification for eStyle chequing account
PITTSBURGH, November 15, 2021 / PRNewswire / – FNB Corporation (NYSE: FNB) announced that its eStyle No Overdraft Current Account has received National Bank On certification from the Cities for Financial Empowerment Fund (CFE Fund) for its affordability, high functionality and focus on consumer safety.
With this certification, FNB joins a national effort to ensure that everyone has access to safe and affordable financial products and services. ETF’s eStyle Account is one of more than 150 accounts that meet or exceed Bank On’s stringent national standards, which identify features that address the challenges preventing unbanked or under-banked consumers from opening an account. The 25+ features required for 2021-2022 include no overdraft fees, reduced costs, and the ability to pay bills and make purchases.
“FNB continually strives to remove barriers to forming a banking relationship so that they can connect more consumers with products that meet their needs,” said Vincent J. Delie, Jr., Chairman of the Board, President and CEO of FNB Corporation and First National Bank. “We are proud to receive Bank On certification for our eStyle account because we provide an experience that inspires confidence and enables more families in our communities to thrive. ”
FNB launched its eStyle account to provide a low-cost account that allows clients to avoid overdrafts altogether while providing full access to proven FNB banking services. Additional account features include: a low or no minimum deposit requirement to open; no monthly service charge when certain basic requirements are met; free electronic statements; access to the comprehensive ETF network of more than 850 ATMs; and robust online and mobile banking solutions, including customizable alerts, budgeting and credit score management tools. The eStyle account is available at all over 330 ETF branches, online or via a mobile device through the eStore.
“The Cities for Financial Empowerment Fund is delighted to award FNB the National Bank On Account Certification for its eStyle No Overdraft Current Account,” said Jonathan mintz, President and CEO of the Cities for Financial Empowerment Fund. “EStyle provides residents across the multi-state ETF footprint looking to improve their finances with a safe, affordable and truly useful consumer banking product – this is especially important during COVID-19, as consumers need to access and manage their money both affordably and securely. . This great account’s ETF offering puts them at the forefront of national banking access efforts, and we thank them. “
The Bank On certification builds on FNB’s strong commitment to empowering vulnerable communities across its multi-state footprint. In addition to multi-million dollar financial support, the company has a long history of deploying a strong financial education program, designed with input from community development organizations representing a range of minority and low to moderate income groups to better fill knowledge gaps and add value. for the participants. The ETF program is built on interconnected components, including:
- Interactive modules on a range of essential topics such as “Managing your checking account”, “Building and maintaining good credit” and “Buying your first home”, as well as “Preventing overdraft fees. ”
- Financial Insights, a program that connects key financial concepts with real-world scenarios and is available digitally in the online store, at FNB branches, or as part of courses with various community organizations.
- The Knowledge Center on the FNB website, which hosts content to help consumers and business owners learn about financial topics.
FNB bolsters its educational programming with transparent product and service information so consumers can make informed decisions, which is evident in the company’s unique, retail-focused website. On JUST Capital’s 2021 list of America’s Fairest Companies, FNB is tied for first out of nearly 930 companies for “transparent communication,” or transparent communication about its products and services beyond that. which is required by law.
As part of its community engagement, FNB has also undertaken multiple initiatives to increase its reach and increase access to financial resources and services. Recent actions include expanding its ATM network into urban and fast-growing markets, including Cleveland, Ohio, Baltimore, Maryland, and Raleigh, North Carolina, and adding specialized solutions to support homeownership and financial independence.
For more information on Bank On, visit their website. To learn more about eStyle, explore the product on the FNB eStore.
About FNB Corporation
FNB Corporation (NYSE: FNB), headquartered at Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Colombia. ETF market coverage spans several major metropolitan areas, including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington DC; and Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High point) in North Carolina. The Company has total assets of over $ 39 billion and more than 330 bank branches across Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, Caroline from the south, Washington DC, and Virginia.
FNB offers a full range of commercial banking, personal banking and wealth management solutions through its network of subsidiaries led by its largest subsidiary, First National Bank of Pennsylvania, founded in 1864. Commercial banking solutions include business banking, small business banking, investment real estate finance, government banking, business credit, capital markets, and credit finance – lease. The Consumer Banking segment provides a full range of consumer banking products and services, including deposit products, mortgages, consumer loans, and a full range of mobile and online banking services. FNB’s wealth management services include asset management, private banking and insurance.
The common shares of FNB Corporation trade on the New York Stock Exchange under the symbol “FNB” and are included in the Standard & Poor’s MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Clients, shareholders and investors can learn more about this regional financial institution by visiting the FNB Corporation website at www.fnbcorporation.com.
About the Cities for Financial Empowerment Fund (CFE Fund)
The CFE Fund supports municipal efforts to improve household financial stability by taking advantage of opportunities unique to local government. By translating cutting-edge experience with large-scale programs, research and policies in cities of all sizes, the CFE Fund helps mayors and other local leaders identify, develop, fund, implement and research pilots and programs that help families build assets and make the most of their financial resources. The CFE Fund is currently working in more than 100 cities and counties and has disbursed more than $ 55 million to local governments and their partners to support these efforts. For more information, please visit www.cfefund.org or follow us on Twitter at @CFEFund.
About the bank on
Bank On coalitions are locally led partnerships between local public officials; municipal, state and federal government agencies; financial institutions; and community organizations that work together to help improve the financial stability of unbanked and underbanked individuals and families in their communities. The National Bank On initiative builds on a grassroots movement of over 90 coalitions in cities across the country, providing national account standards, capacity grant support, pilot funding and a learning community. In addition to connecting the unbanked to accounts, Bank On programs raise awareness, target the awareness of the unbanked, and expand access to financial education. Visit www.cfefund.org/bankon for more information, or follow the conversation on Twitter @CFEFund #BankOn.
SOURCE FNB Corporation