American Banker: Mobile app for underbanked looks to go national

“You could easily mistake Anne Leland Clark, a Twin Cities nonprofit executive, for a banker with with big, national ambitions as she discusses her organization’s digital platform for the underbanked.

The product, known as Fair Financial, launched in a pilot program this week to serve about 500 local customers over the next 18 months. But Clark and her partners – including at Sunrise Banks in St. Paul – have no plans to stop there, having established a goal of providing 5,000 low-income customers across the country with Fair deposit accounts and small-dollar loans by 2020.”

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