City Closures & Cancellations
All City facilities are closed, all programs are cancelled, and all but the most essential of City services are curtailed through at least June 14, 2020.
      • Closure & Cancellation Information (updated 6/5/2020 3:45 p.m.)
      • Emergency Assistance, Resources & Volunteer Opportunities (updated 6/5/2020 3:45 p.m.)

Bank On Gaithersburg

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Bank On Gaithersburg

It's Safe, It's Free, It's Convenient

Bank on Gaithersburg provides a path to mainstream banking for every resident. We can help you open a free basic checking account and/or savings account at one of our participating banks or credit unions. In addition to helping you open an account, we have programs to help you stay on budget, manage a checking account, improve a credit rating, pay off debt and save for the future.

Gaithersburg Financial Wellness Coalition

Our coalition is a diverse group of professionals that include federal, state and local agencies, non-profits, schools and businesses. Our coalition generates success in the face of many obstacles in reaching our target community. Our coalition provides access to low cost accounts, budgeting help, financial and credit education and counseling, vocational coaching, and summer youth employment and housing counseling. Bank On Gaithersburg creates space for financial professionals to share their expertise with service providers. In turn, our coalition partners provide assistance on how to best serve Bank On clients. We have a finely developed and productive alliance, and our award-winning programming is a reflection of our joint effort.

How Do I Manage My Finances?

We want you to have all the tools you need to get the most out of your new account and start saving for the future. We’ve partnered with local nonprofit organizations to offer you a wealth of financial education classes. You can take a class at a community organization near you, or even online to learn how to:

  • Stay on a budget
  • Manage a checking account
  • Improve your credit rating
  • Pay off debt
  • Save for the future

Take Control of Your Finances
The Gaithersburg Financial Wellness Coalition offers monthly financial workshops in Gaithersburg that focus on basic banking, spending plans that work, women and money, financial planning, and more. Join us to learn how to better manage your finances. See Related Documents for a listing. To register call the Community Services Division.

Change Machine Program

  • Do you need control over your day-to-day and month-to-month finances?
  • Do you need financial freedom to make choices that allow you to enjoy life more fully?
  • Do you just need to get on track financially?

If you have two hours a month and want help in reaching your financial goals, sign up for Change Machine Program today. Contact the Community Services Division.

Partner with Bank On Gaithersburg

Bank on Gaithersburg invites local community organizations and financial institutions to partner with us. With your help, all Gaithersburg residents can gain access to free or low cost bank accounts and take steps toward financial freedom.

Volunteer Income Tax Assistance (VITA)

Free Tax Preparation - The annual Volunteer Income Tax Assistance (VITA) program offers free tax preparation assistance to low- and moderate-income individuals who earn less than $56,000 per year. 

Xtreme Finances

Xtreme Finances is a financial education program for up to 50 middle & high school students. Participants who attend all required sessions will receive a $250 deposit in a checking or savings account and the opportunity to participate in an Arrow Tag event.