The high cost of being poor could be reduced by using mainstream financial services. Many people do not have bank accounts and turn to high-cost payday lenders for routine services, such as check cashing, paying an average of $800 a year in check-cashing fees. Through a new program “Bank on Seattle/King County” people can take advantage of checking, savings, credit and financial education opportunities such as zero-or low balance accounts. Currently 22 banks and credit unions participate in the program with multiple locations in North King County cities. For more information see www.everyoneiswelcome.org or contact Jerry DeGrieck, at (206) 684-0684 or jerry.degrieck@seattle.gov