unbanked

Unbanked stimulus seekers rush to open checking accounts

03/17/21

The IRS, FDIC and more than 70 banks and credit unions are urging consumers to open affordable accounts so they can receive their Economic Impact Payments quickly and safely. Many people have signed up, but millions lack accounts and will be harder to serve.

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New OCC chief should encourage banks, fintechs to partner with CDFIs

02/19/21

Community development financial institutions would reach even more underserved households and business if they had strong relationships with tech firms and national banks. Here's how the Office of the Comptroller of the Currency can foster such partnerships.

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D.C. banker poised to lead nation's biggest Black-run bank after merger

01/04/21

Brian Argrett, whose City First Bank is being sold to Los Angeles-based Broadway Financial, would take the helm of the combined company at a time of increased national interest in reinvigorating minority-owned financial institutions.

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4 ways the banking sector can boost financial inclusion

11/20/20

The pandemic has highlighted massive inequalities in American life but the financial services industry can play a role in reducing these divisions.

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Access Denied: Underserved or ignored?

11/09/20

Opening a bank or investment account — or even securing employment in a racism-free workplace — is out of reach for many Black Americans.

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A Biden win could boost long-stalled efforts to help the unbanked

10/23/20

The Democratic nominee has not gone as far as some progressives in support of financial inclusion, but ideas such as postal banking, a government-run credit reporting system and universal bank accounts would likely gain traction under a Biden administration.

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