Stories Tagged as
Unbanked
The proportion of "unbanked" households is lowest since 2009, FDIC finds
by
Lily Jamali
Oct 26, 2022
The government agency that supervises banking institutions defines "unbanked" households as ones where no one has a checking or savings account. Here's why there are fewer of them now.
FDIC campaigns to get the unbanked to open accounts
by
Justin Ho
Apr 7, 2021
Over 7 million Americans don't have bank accounts. One big incentive to opening one: direct deposit of federal relief payments.
Walmart wants to be your bank
Jan 12, 2021
It's making a bet that people will want to bank where they already get their groceries, pet care and prescriptions.
U.S. households had better bank access in 2019, FDIC says. And then the pandemic happened.
by
David Brancaccio
, Erika Beras
and Alex Schroeder
Oct 20, 2020
A higher unemployment rate and economic turmoil means the number of unbanked households could rise again.
Those without bank accounts face special challenges during a pandemic
by
David Brancaccio
and Rose Conlon
Apr 28, 2020
Mastercard has a new plan to make digital banking more accessible.
The unbanked are saving for more than a rainy day
Feb 7, 2017
Jose Quiñonez, head of the Mission Asset Fund, says hope for an economic turnaround is also helping 'forgotten' Americans survive.
Advocates for the unbanked worry about the Trump era
Jan 13, 2017
The Obama Treasury Department made financial inclusion a priority. Will Trump?
For public good, not for profit.
In Louisiana, kids learn about balancing the books and paying bills
Dec 2, 2016
Last May, Louisiana made financial literacy a mandatory topic in state public schools.
Why would a big bank help startups win its customers?
Oct 18, 2016
At Chase, a program aims to back startups creating banking services for the poor.
More Americans come into the banking system
Sep 12, 2016
A report from the FDIC shows a decline in the rate of "unbanked" consumers since the recession.