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Yahoo Finance

Yahoo Finance

More American households have access to bank accounts than ever before

Yahoo Finance
Summary
Nutrition label

79% Informative

5.6 million households were "unbanked" as of 2023 , according to a new FDIC report.

That's a record low, but minorities still have a weaker connection to the banking system than white households.

Unbanked rates were also higher among lower-income, less-educated households and working-age households with a disability.

VR Score

91

Informative language

97

Neutral language

57

Article tone

semi-formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links