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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

2009 FDIC National Survey of Unbanked and Underbanked Households

In January 2009, the FDIC sponsored a special supplement to the U.S. Census Bureau’s Current Population Survey (CPS) to collect data on the number of U.S. households that are unbanked and underbanked, their demographic characteristics, and their reasons for being unbanked and underbanked. Teamed with the rich demographic and geographic data available through the CPS, this survey presents a wealth of previously unavailable data on unbanked and underbanked households are available at the national, state, and large metropolitan statistical area (MSA) levels. It is hoped that these survey results will help better inform policymakers and the industry about economic inclusion issues, and promote the goal of ensuring that all Americans have access to basic, safe, and affordable bank services.

The FDIC undertook this effort to address a gap in the availability of comprehensive data on the number of unbanked and underbanked households in the United States. The FDIC also conducted this survey to comply with Section 7 of the Federal Deposit Insurance Reform Conforming Amendments Act of 2005 that requires it to conduct ongoing surveys of banks on their efforts to serve the unbanked. The supplement survey complements the FDIC Survey on Banks’ Efforts to Serve the Unbanked and Underbanked , published in February 2009, and provides insights into the size of the unbanked and underbanked markets. Some of the key overall findings include:

Read the Executive Summary - PDF 300Kb

Read the Full Report - PDF 7Mb

Read all of the Appendices - PDF 3Mb

New as of 7 Sep 2010:
Read the Addendum on the Use of Alternative Financial Services - PDF 5Mb

Read the FDIC Technical Notes - PDF 100Kb

Read the Survey Instrument - PDF 7Mb

This site presents the findings of the Survey of Unbanked and Underbanked Households in an interactive manner, allowing for comparisons of the data; as well as links to other initiatives.

Download the data using the U.S. Census Bureau’s DataFerrett tool .
For a CD-ROM containing the raw data file, contact U.S. Census Bureau’s Customer Service Branch at 301-763-INFO or 1-800-923-8282.  For additional information see http://www.census.gov/mp/www/cat/people_and_households/current_population_survey.html .

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