Princeton Endowment Expected to Rise Less Than 5% in Year
This article is for subscribers only.
The Federal Deposit Insurance Corp. has a simple message for banks about poorer Americans: They could be good customers, and their numbers are growing.
U.S. households without bank accounts grew by 821,000 from 2009 to 2011, pushing the so-called unbanked population to 8.2 percent of the nation’s total, according to the FDIC’s National Survey of Unbanked and Underbanked Households.