Home/Tag: Unbanked

Fostering Economic Resilience Through Financial Inclusion

Checking your bank account should feel like part of a daily routine, but unfortunately for many Americans — and billions globally — this is far from reality. Basic banking products and services to facilitate daily life remain unavailable to millions in the U.S., thanks in large part to how traditional banks have continued to misunderstand

Overdraft Fees Prompt Low-Income Americans to Abandon Banks

Last year, after five years with no bank account, 40-year-old single-mother Stacey Downer took the advice of her financial coach and opened a new bank account – for the third time in her life. This time, she felt confident she was on the road to financial stability. A few weeks later, after paying her electricity