Lower-income consumers often experience severe challenges to accessing basic financial services. This alert describes how the Financial Services Task Force of the Chicago CRA Coalition, in partnership with Chicago area banks, is expanding opportunities for lower-income consumers to establish deposit accounts, improve their financial literacy, and develop assets. The Alert begins with an explanation of the importance of asset development and the role that being unbanked and/or having poor financial literacy skills plays in impeding wealth accumulation. It then identifies account features that the Coalition determined are integral to lifeline banking for lower-income consumers, including the role of marketing and financial literacy training. Partnerships between the Services Task Force of the Chicago CRACoalition with Bank One, LaSalle Bank, Old Kent Bank, and Charter One Bank FSB are then described, and opportunities and challenges that other organizations may face in developing similar partnerships are outlined. The Alert ends with a description of how to evaluate lifeline banking programs.