BUY ON AMAZON
 
DRIVE-THRU ONLY: Understanding America's unbanked and underbanked population
 
How many U.S. households lack traditional banking services? According to estimates by the Federal Reserve, approximately 6.7% of American households are considered “unbanked,” meaning they have no checking or savings accounts. Other studies place this figure at about 7.7%. Additionally, data indicates that around 18% of U.S. households are “underbanked,” regularly relying on alternative financial services. This book examines the underlying factors driving these trends, identifies the demographic groups most affected, and discusses potential strategies and solutions to address the issue. Read more