Episode 270: How are U.S. unbanked households doing?

This episode examines a recent report by the FDIC on unbanked and underbanked households in the U.S. The report shows positive trends as the number of unbanked households in the U.S. continues to decline. The report also displays some very interesting data including the usage of mobile banking, the use of various payment channels, and for the first time, the use of buy now pay later. A link to the report is included below.

Link: 2023 FDIC National Survey of Unbanked and Underbanked Households | FDIC