The Office of Financial Empowerment convenes, innovates, and advocates to strengthen the economic security and mobility of all San Franciscans.

The Next Generation of Banking Starts Here
Opening a bank account is a key step toward financial stability, allowing young people to securely manage their money and save for the future. Without a bank account, people often rely on costly and risky alternatives like check-cashing services and payday loans.
This brief provides a guide for localities and financial institutions on supporting youth financial inclusion through noncustodial bank accounts. We hope to inspire more institutions to help young people save and become financially independent.
This brief provides a guide for localities and financial institutions on supporting youth financial inclusion through noncustodial bank accounts. We hope to inspire more institutions to help young people save and become financially independent.