Financial Services Access Act

Financial Services Access Act - Requires each federally insured depository institution to offer at least one type of account which: (1) is available only to individuals who have $1,000 or less on deposit; (2) requires direct deposit of all recurring Federal payments to the individual; (3) provides notification of the receipt of a direct deposit; (4) has no minimum balance requirements and no service charges or fees for routine transactions; (5) limits an individual to ten transactions a month; (6) requires the institution to provide a monthly statement or passbook listing all account transactions; (7) does not restrict the individual to the use of automated teller machines or other non-teller services; and (8) pays interest. Requires an institution, on request, to provide an individual a summary description of such account offered by such institution.

Requires the Board of Governors of the Federal Reserve System to pay interest to depository institutions on all reserves required for such accounts.

Amends the Community Reinvestment Act of 1977 to require the appropriate Federal financial supervisory agency to assess an institution's compliance with this Act when examining such institution. Provides for the administrative enforcement of the requirements of this Act by the appropriate Federal banking agencies.