A study of the Unbanked & Underbanked Consumer in the Tenth ...
Jan 14, 2010 ... Underbanked individuals have a checking or savings account at a bank or credit union, but use nonbanks for financial services such as check cashing, money ...
https://www.fdic.gov/about/advisory-committees/economic-inclusion/2010/kcfed.pdf
A Template for Success: The FDIC's Small-Dollar Loan Pilot Program
Dec 1, 2009 ... Because of its large immigrant customer base, the bank also altered ... The interest rate on the savings account is three times higher than.
https://www.fdic.gov/analysis/quarterly-banking-profile/fdic-quarterly/2010-vol4-2/fdic-quarterly-vol4no2-smalldollar.pdf
The FDIC's Small-Dollar Loan Pilot Program: A Case Study after ...
Jun 30, 2009 ... Basic loan characteristics, such as interest rates, fees, and repayment terms, do not vary between banks that make a few loans and those that are large ...
https://www.fdic.gov/bank/analytical/quarterly/2009-vol3-2/smalldollar.pdf
The Effect of Bank Account Ownership on Credit ... - FDIC
Jun 16, 2009 ... Some banks offer Basic Bank Accounts that earn interest on deposits. The ... families that own a bank account likely have higher preferences for savings than ...
https://www.fdic.gov/analysis/cfr/working-papers/2009/2009-07.pdf
Alternative Financial Services: A Primer - FDIC
Apr 21, 2009 ... For banks participating in the pilot, loan balances are typically higher, loan terms are longer, and interest rates are lower than loans offered by payday ...
https://www.fdic.gov/bank/analytical/quarterly/2009-vol3-1/fdic140-quarterlyvol3no1-afs-final.pdf
Using Financial Innovation to Support Savers: From Coercion ... - FDIC
Mar 18, 2009 ... savings bonds, or invest it in long term savings accounts. An example of the ... "Final Report: Saving Performance in the American Dream Demonstration.
https://www.fdic.gov/about/advisory-committees/economic-inclusion/2009/mar19doc2.pdf
Case Studies Chapter - FDIC
Feb 4, 2009 ... checks, higher relationship rates on qualified savings accounts, and preferred rates on loan products. ... Saving for the American Dream also incurred high ...
https://www.fdic.gov/consumer-research/chapter-12-case-studies
FDIC Survey of Banks' Efforts to Serve the Unbanked and ...
Feb 4, 2009 ... ... bank and credit union regulators and the U.S. ... In 2000, the bank estab- lished a branch, branded as Cardinal Bank, in a high school located in ...
https://www.fdic.gov/consumer-research/fdic-survey-banks-efforts-serve-unbanked-and-underbanked-executive-summary-survey
FDIC - Advisory Committee on Economic Inclusion (ComE-IN)
Feb 4, 2009 ... with local banks -- savings accounts, certificates and certificates ... they've got these very high interest loans. And you know, there ...
https://www.fdic.gov/about/advisory-committees/economic-inclusion/2009/feb5/feb05transcript.pdf
Banks' Efforts to Serve the Unbanked and Underbanked - FDIC
Dec 14, 2008 ... ▫ The average interest rate for a savings account is 0.80 percent; for an MMA, the average interest ... resident and nonresident aliens may have U.S. tax return ...
https://www.fdic.gov/consumer-research/chapter-1-study-summary