Americans who don’t have a bank account at lowest level ever
NEW YORK (AP) — The Federal Deposit Insurance Corporation says the number of Americans who do not have a bank account fell to a record low last year; one sign that the economic fortunes of the country’s most vulnerable people continues to improve.
Approximately 6.5 percent of U.S. households were unbanked, or do not have a primary bank account, in 2017 the FDIC said Tuesday. That is down from 7 percent in 2017 and from a high of 8.2 percent in 2011.
That translates into roughly 14.1
Read more »