John Marshall Bank’s Freedom Checking Account Meets Bank On National Account Standards
May 10 2023 - 10:00AM
Business Wire
John Marshall Bank (“JMB” or the “Bank”), subsidiary of John
Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is proud to
announce that the Bank’s Freedom Checking Account has been
officially certified by the Cities for Financial Empowerment (CFE)
Fund as meeting the Bank On National Account Standards. These
national standards designate core features that ensure low cost,
high functionality, and consumer safety for all certified
accounts.
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John Marshall Bank's Freedom Checking
Account Meets the Bank On National Account Standards (Photo:
Business Wire)
The highlight of the Bank’s Freedom Checking Account, and one of
the key reasons for its Bank On certification, is that it’s free.
With no minimum balance requirement, no monthly service charge, and
no monthly transaction limits, the Freedom Checking Account aligns
with Bank On’s goal of ensuring that everyone has access to safe
and affordable financial products and services.
Along with the Freedom Account’s zero monthly fees, it features
online banking with bill pay and mobile banking and mobile check
deposits. This type of accessibility is core to gaining a
certification and being officially recognized as an account that
helps provide banking to all and empowers consumers to make the
most of their finances.
Bank On is a national platform run by the CFE Fund that supports
local coalitions and financial institutions in their efforts to
connect consumers to safe, affordable bank accounts. John Marshall
Bank is proud to be one of the only community banks in the
Washington Metropolitan Statistical Area that offers a Bank On
checking account.
About John Marshall Bancorp, Inc.:
John Marshall Bancorp, Inc. is the bank holding company for John
Marshall Bank. John Marshall Bank is a $2.35 billion bank
headquartered in Reston, Virginia with eight full-service branches
located in Alexandria, Arlington, Loudoun, Prince William, Reston,
and Tysons, Virginia, as well as Rockville, Maryland, and
Washington, D.C. with one loan production office in Arlington,
Virginia. The Bank is dedicated to providing exceptional value,
personalized service and convenience to local businesses and
professionals in the Washington D.C. Metro area. JMB offers a
comprehensive line of sophisticated banking products and services
that rival those of the largest banks along with experienced staff
to help achieve customers’ financial goals. Dedicated Relationship
Managers serve as direct points-of-contact, providing subject
matter expertise in a variety of niche industries including Charter
and Private Schools, Government Contractors, Health Services,
Nonprofits and Associations, Professional Services, Property
Management Companies, and Title Companies. Learn more at
www.johnmarshallbank.com.
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Andrew J Peden Sr. EVP, Chief Banking Officer 703-584-0840
John Marshall Bancorp (NASDAQ:JMSB)
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