Latina Lista: No More Excuses for Bank-Leery Latinos


(Photo via Latina Lista)
By Odysseas Papadimitriou
More than 28% of all U.S. households are either unbanked or underbanked, according to a study from the Federal Deposit Insurance Corporation (FDIC), and Hispanics are among the consumer cohorts that are most likely to operate outside the traditional banking system.
Nearly half of all Hispanic households fit into these categories, and roughly 15% have never even possessed a bank account.
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