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  6.  | Northrim Bank Receives National Certification for Safe, Affordable Account

Northrim Bank Receives National Certification for Safe, Affordable Account

Mar 8, 2024 | Finance, News

Northrim Bank

Northrim Bank

Northrim Bank recently received national certification for a new checking account, Easy Banking, aimed at providing a safe, affordable banking option for those who lack adequate access to traditional financial services.

Boosting Banking Accessibility

The bank’s Easy Banking option was certified by the Cities for Financial Empowerment Fund as meeting Bank On National Account Standards for safe and affordable transaction accounts. Northrim is the first Alaska-based financial institution to receive the certification. 

The goal of the account is to ensure everyone has access to safe and affordable financial products and services. Bank On National Account Standards identify twenty-five critical product features for appropriate bank or credit union accounts, aimed at making it easier to connect consumers to accounts that meet their needs.

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Alaska Business April 2024 Cover

April 2024

Key features include the ability to pay bills and make purchases, federal deposit insurance, no minimum balance, and no overdraft or nonsufficient fund fees. Easy Banking accounts are available in all of Northrim’s nineteen branches across Alaska. 

“The Cities for Financial Empowerment Fund is delighted to award its national Bank On account certification to Northrim Bank’s Easy Banking account,” says Jonathan Mintz, president and CEO of the Cities for Financial Empowerment Fund. “Easy Banking offers Alaska residents who are looking to improve their finances a safe, affordable, and truly useful mainstream banking product to access and manage their money.”

Alaska Business April 2024 cover
In This Issue
The 2024 Corporate 100
April 2024

In their company kitchens, the Corporate 100 blend wholesome ingredients with exquisite utensils to create the scrumptious ambrosia that keeps employees gratified and contented. Meet the top Alaska employers ranked by number of Alaskans on their payroll, and learn the recipe for success. This issue also includes a focus on economic development initiatives in Anchorage and Kodiak.

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