U.S. households had better bank access in 2019, FDIC says. And then the pandemic happened.

A higher unemployment rate and economic turmoil means the number of unbanked households could rise again.
Justin Sullivan/Getty Images

Those without bank accounts face special challenges during a pandemic

Apr 28, 2020
Mastercard has a new plan to make digital banking more accessible.
Mastercard is expanding its program, pledging to get a billion unbanked people and 50 million unbanked very small businesses into the formal financial system within five years.
Damien Meyer/AFP/Getty Images

The unbanked are saving for more than a rainy day

Feb 7, 2017
Jose Quiñonez, head of the Mission Asset Fund, says hope for an economic turnaround is also helping 'forgotten' Americans survive.
Kristina Zuidema/Flickr

Advocates for the unbanked worry about the Trump era

Jan 13, 2017
The Obama Treasury Department made financial inclusion a priority. Will Trump?
Steven Mnuchin walks into Trump Tower on December 12, 2016 in New York City. He is President-elect Donald Trump's nominee for treasury secretary.

 
Spencer Platt/Getty Images

In Louisiana, kids learn about balancing the books and paying bills

Dec 2, 2016
Last May, Louisiana made financial literacy a mandatory topic in state public schools.
At the Finance Park, a financial literacy simulation in Baton Rouge, middle school students learn the basics of paying bills and taxes, and how to balance a monthly budget.
Jesse Hardman

Why would a big bank help startups win its customers?

Oct 18, 2016
At Chase, a program aims to back startups creating banking services for the poor.
A Bee salesperson signs up a new customer in Harlem
Mark Garrison / Marketplace

More Americans come into the banking system

Sep 12, 2016
A report from the FDIC shows a decline in the rate of "unbanked" consumers since the recession.
Low-income people are starting to use traditional banks more.
TaxCredits.net

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Turning cash into online payments for the unbanked

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