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 unbanked and grow their banks.
Browsing: Underbanked
Eight Banks to Receive Community Commitment Awards
The American Bankers Association Foundation has recognized eight banks for their outstanding commitment to their communities.
Thurlow Describes Innovation Journey, Core Advocacy
In keynote remarks last night at the St. Louis Fed’s community banking research conference, bank CEO Julieann Thurlow outlined Massachusetts-based Reading Cooperative Bank’s innovation journey and how it improved financial inclusion in the communities it serves.
CEO Q&A: Innovation for Inclusion
A conversation with Greg Carmichael, chairman, president and CEO of Fifth Third Bank.
Podcast: Innovation and Inclusion with Fifth Third
Greg Carmichael entered the banking industry as a mid-career technology executive, and that’s shaped his perspective on the challenges facing banks today.
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 cited by policymakers.
Georgia Lawmaker Introduces Bill Aimed at Financial Inclusion
Rep. David Scott (D-Ga.) last week introduced a bill aimed at promoting financial inclusion for American consumers.
High School Branches Pay Dividends for Banks and Students
At banks of all sizes, student-staffed branches turn students into ambassadors for healthy financial choices.
ABA Recommends Revisions to FDIC Unbanked Survey
In a comment letter filed before the holidays, ABA voiced support for the FDIC’s National Survey of Unbanked and Underbanked Households and offered recommendations for ways the survey questions could be improved in 2019. Specifically, ABA agreed with the FDIC’s inclusion of prepaid cards in a survey question about consumers’ experiences with bank accounts, noting
Podcast: Giving Thanks for Banks’ Community Commitment
The latest episode of the ABA Banking Journal Podcast features interviews with the winners of ABA’s 2018 Community Commitment Awards.