Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
90 million are ‘unbanked,’ ‘underbanked,’ FDIC chairman says
About 27% of households — 90 million Americans — are unbanked or underbanked, with more than two in five of those (42%) earning less than $30,000 a year, the chairman of the Federal Deposit Insurance […]