Federal Reserve Bank of Cleveland: 'Beyond Banks: Trust Among the Financially Underserved'
March 03, 2026
March 03, 2026
CLEVELAND, Ohio, March 3 (TNSLrpt) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 26-06) MArch 2, 2026, by Paola Boel, Daniela Puzzello, and Peter Zimmermann entitled "Beyond Banks: Trust Among the Financially Underserved."
Here are excerpts:
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In 2023, over 18 percent of US households were either unbanked or underbanked, a group commonly referred to as financially underserved (e.g., see Burhouse, Navarro and Os . . .
Here are excerpts:
* * *
In 2023, over 18 percent of US households were either unbanked or underbanked, a group commonly referred to as financially underserved (e.g., see Burhouse, Navarro and Os . . .