Amplify Credit Union Receives Bank On Certification

Amplify Credit Union receives certification from Bank On for safe and affordable fee-free banking

Amplify Credit Union is known across Central Texas for its groundbreaking banking products, and now, Amplify has earned a national certification from the Cities for Financial Empowerment Fund for meeting the Bank On National Account Standards for 2023-2024. The national account standards, co-created by consumer advocates, recognize accounts that ensure low cost, high functionality, and consumer safety— and features that at Amplify, we provide to all of our members.

Amplify’s fee-free checking account includes no monthly cost, no overdraft or insufficient fund fees, the ability to easily pay bills and make purchases, and federal deposit insurance. We offer this product to everyone digitally and also in each of Amplify‘s branches across Central Texas.

“At Amplify, we know the importance of providing high quality products and services and we’re dedicated to ensuring our members feel valued,” Kendall Garrison, chief executive officer of Amplify Credit Union, said. “This certification is important because it recognizes our approach to innovative business practices, such as our fee-free banking services, that directly benefit our members and the greater community.”

“We’re dedicated to ensuring our members feel valued”

—KENDALL GARRISON, CEO OF AMPLIFY CREDIT UNION

The goal of Bank On is to ensure that everyone has access to safe and affordable financial products and services. The Bank On National Account Standards, led by the CFE Fund, identifies critical product features for bank or credit union accounts and supports 100 local coalitions working to connect individuals and families to financial services through partnerships between governments, financial institutions, and community organizations.

To learn more about Bank On and the National Account Standards, click here.

About Amplify Credit Union

Amplify Credit Union offers fee-free banking and award-winning lending to residents and businesses in the state of Texas. In 1967, the organization was founded as the credit union for IBM employees in Austin. Today, it provides digital-first banking and lending services to over 50,000 members. In addition, Amplify has been named a Top Workplace in Austin for three years in a row, and this year was named a Top 50 Workplace in the USA. The organization is rooted in its mission to improve the financial lives of its members and uses the proceeds from that to provide a safe place to call home for those without. Join us at www.goamplify.com.