US Households Unbanked at Record Low
This is a news story, published by Yahoo Finance, that relates primarily to FDIC news.
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American banking systemYahoo Finance
•More American households have access to bank accounts than ever before
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.
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