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OR No Credit Check Payday LoansIf you're reading this on the business page, you probably consider a checking account to be a pretty elementary concept. In 88,000 St. Louis households, however, it's a foreign experience. The Federal Deposit Insurance Corp. said last week that 17 ... Read more
88,000 in area are bankless - St. Louis Post-Dispatch*I wrote a check to somebody the other day assuming he would deposit the check into his bank account. But an hour later he called me from a check cashing store to say the cashier needed me to verify information about the check before she would cash ... Read more
THE JOURNAL OF STEFFANIE RIVERS: The Lesser of Two Evils - EURwebThe Lower Columbia Community Action Program’s pilot banking program, launched almost a year ago, came at an opportune time for many in the community. The financial education classes and banking help the program provides has enabled a good number of ... Read more
CAP's banking program provides crucial help to struggling families - Longview Daily NewsThe TNT’s Joe Turner today blasted House and Senate leaders for their continued radio silence on major cuts and tax increases under consideration. Both House Speaker Frank Chopp and Senate Majority Leader Lisa Brown seem unhappy that reporters ... Read more
Archive for February 2009 - The Spokesman-Review... are considered “unbanked” if they report that no member has a checking or savings account. “Underbanked” households have bank accounts but still rely on costly, lightly regulated services such as payday loans, check-cashing services and ... Read more
Poor struggle to access banks - Columbia Daily TribuneWASHINGTON — More than a million American households lost access to basic banking services like savings accounts last year, bank regulators say. Those families are among 30 million households that have little or no access to such services ... Read more
FDIC: Poor, minorities struggle to access banks - Lansing State JournalAnd more than half of black households use financial services outside of traditional banks or credit unions. Inside ACE, the line snakes to the door. Walker comes here so often, the teller, Roberta, knows him by name. While getting him his cash, she ... Read more
Millions In U.S. Do Their Banking Without Banks - KQEDThe economy is starting to look stronger, the Federal Reserve said today. In a relatively positive report, the Fed's Beige Book report saw stronger consumer spending, better manufacturing and even a little bit of an uptick in home sales, although ... Read more
Fed sees economy improving - MSN Money... than half of black households, use check cashers, payday lenders or pawnbrokers rather than a bank, according to a Federal Deposit Insurance Corporation report to be released today. Nearly 30 million households have no ... cashing checks are the ... Read more
Report: Many minorities shun banks - USA TodayAs of June 30, there were 24 banks in Lubbock County with a total of 105 branches, and six credit unions, with 14 branches among them. For a market with a little more than 100,000 households, that's saturation. Or is it? I was hoping we'd get a ... Read more
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