Federal Reserve Bank of San Francisco

Community Development

Community Investments Vol 22, Issue 1
Data Snapshot: The Unbanked and Underbanked


Spring 2010

Community Investments

The FDIC recently released the National Survey of Unbanked and Underbanked Households. An estimated 7.7 percent of U.S. households are unbanked (do not have a checking or savings account) while an additional 17.9 percent are underbanked (have a checking or savings account but rely on alternative financial services).

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