A Bankrate.com survey found that while the pandemic has afforded some the opportunity to save money, many low-income households could not.
A disproportionate number of Black and Latinx Americans don’t have bank accounts. Studies show they could be losing money.
Remember: this economy is very unusual.
Mostly, it's about marketing.
It's making a bet that people will want to bank where they already get their groceries, pet care and prescriptions.
The report found that bank lending volume fell in the most recent quarter, driven by decreases in commercial and industrial lending.
A higher unemployment rate and economic turmoil means the number of unbanked households could rise again.
Charges are especially high for using out-of-network machines.
Stacy Cowley, business reporter for the New York Times, says a combination of negligence and lack of regulation has led to hundreds of people losing millions of dollars in valuables.