Aug 7, 2013 ... Further down the list of reasons for no accounts: lack of identification, or a history  of credit and banking problems. The FDIC estimates that nearly eight percent of  the 5.3 million households that have never had a bank account reported some  combination of these issues. “Banking history” issues like those ...
Oct 20, 2016 ... The 9 million households that don't have bank accounts rely largely on cash and,  increasingly, prepaid debit cards, the report shows. Both of those options come  with major drawbacks. Using cash without a bank account means that individuals  have limited options for spending, tracking, and safeguarding ...
Jun 29, 2017 ... Accordingly, the FDIC is committed to expanding Americans' access to safe,  secure, and affordable banking services. ... The survey provides estimates of the  proportion of U.S. households that do not have an account at an insured  institution, and the proportion that have an account but obtained (nonbank) ...
Sep 12, 2012 ... The number of people without bank accounts is on the rise as many Americans  turn to alternative ways of getting cash, according to a report from the FDIC.
How many adults don't have a bank account? Saving money is tough when you  don't have a place to park it. Approximately 7.7% of American households  function without a bank account. That's close to 10 million households altogether.  5. How many adults live paycheck to paycheck? An estimated 38 million  households in ...
An estimated 56 million Americans don't have bank accounts.