Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

New FDIC Study Shows One in Four U.S. Households Currently Unbanked or Underbanked

News release: “The Federal Deposit Insurance Corporation (FDIC) today released the findings of its FDIC National Survey of Unbanked and Underbanked Households, breaking new ground in gaining understanding of which Americans remain outside the banking system. The survey, conducted on behalf of the FDIC by the U.S. Bureau of the Census, was a supplement to the Census Bureau’s Current Population Survey during January 2009. The study, which is the most comprehensive survey to date of the unbanked and underbanked, reveals that more than one quarter (25.6 percent) of all households in the United States are unbanked or underbanked and that those households are disproportionately low-income and/or minority.”

  • Related postings on financial system
  • Sorry, comments are closed for this post.