Bank Branch Distance Stable Amid Consolidation, New Fed Report Finds
Over the past 20 years, the location of the nearest full-service bank branch for urban consumers has remained stable at ...
Tag: Bank access
ABA Statement Highlights Banks’ Commitment to Reducing Number of Unbanked Americans
In a statement for the record shared ahead of a House Financial Services subcommittee hearing on expanding access to the ...
Fed Survey: Even Amid Pandemic, Unbanked Share Dips
The share of unbanked American adults dipped to 5% in 2020, according to the Federal Reserve’s annual Report on the ...
ABA, Trade Groups Oppose California Public Banking Bill
The American Bankers Association joined a coalition of nine other trade associations in a letter opposing a bill introduced in ...
The Real Story on Bank Branch Closures
Some branches are closing but that doesn’t mean reduced access to banking services, especially in lower-to-moderate-income neighborhoods.
White House Official: Direct Payments Raise Stakes for Unbanked
With more direct payments coming for many Americans in the wake of a new round of economic impact payments, the ...
Darrin Williams: Behind the Scenes at an Innovative CDFI
Southern Bancorp’s high-touch focus on pairing in-depth financial counseling with a Bank On-certified checkless checking account to help reach the ...
ABA Politico Ad Spotlights BankOn Initiative
The American Bankers Association this week ran an ad in Politico magazine—a widely read publication among policymakers in Washington, D.C.—highlighting ...
Hiring Directors, Halting Bias: Ideas for Improving Diversity
Does your bank board mirror your market? Mounting pressure for banks to better reflect their communities is prompting banks to ...
FDIC: Share of Unbanked Americans Reaches Record Low in 2019
The share of U.S. households that are unbanked continued falling in 2019, reaching 5.4%, the lowest rate yet recorded in ...
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