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 ...
Tag: Unbanked
Nichols Urges All Banks to Offer ‘Bank On’ Certified Accounts
To help reduce the number of unbanked Americans, ABA President and CEO Rob Nichols today urged all banks to offer ...
Fed Survey: Amid Pandemic, Americans Remain Able to Cover Emergency Expenses
One in five adults employed in February had been furloughed or laid off by April, according to the Federal Reserve’s ...
Data Sharing Pilot Strengthens Marketplace for Unbanked
There's a clear business case for offering Bank On-certified accounts as a way for financial institutions to both serve the ...
Fed Survey: Unbanked Share of Americans at 6%
Sixty-one percent (up 11 points from 2013) said they could cover a $400 emergency expense in cash, a benchmark often ...
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