Eric Johnson
Mayor | Dallas, TX

Banking and Credit Union Development Districts

Idea Category: Safety Net


Currently, Texas has one of the largest unbanked and underbanked populations in the country. A lack of access to financial institutions hinders families from being able to build credit and savings, and local businesses aren’t able to obtain the loans they need to build their small businesses.


Representative Eric Johnson has enacted legislation in Texas creating Banking Development Districts to help increase access to financial services in the areas that need it most. The legislation allows local governments and the state to seed new bank branches in these underserved areas with deposits from the city treasury. Building on similar efforts in other states, Johnson’s bill allows credit unions in addition to banks to establish themselves in these banking development districts, increasing the projected scale of impact.

More Idea’s From Eric Johnson

ARP: Dallas TX, Leads Regional Effort to Address Homelessness

Idea Category: Housing | Funding Source: ARP

Investing for Re-entry Not Recidivism

Idea Category: Jobs and Entrepreneurship | Funding Source: ARP

Education Empowerment Zones

Idea Category: Education | Funding Source: ARP

Channeling Savings From Early Graduation Into Pre-K

Idea Category: Education | Funding Source: ARP

Bottom Up Water Planning

Idea Category: Infrastructure | Funding Source: ARP

Crowdfunding for Communities

Idea Category: Equity & Opportunity, Jobs and Entrepreneurship | Funding Source: ARP

Police Shooting Reporting

Idea Category: Smart Government | Funding Source: ARP

Prize-Linked Savings Accounts

Idea Category: Safety Net | Funding Source: ARP

Early Childhood Suspension Ban

Idea Category: Education | Funding Source: ARP