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2011 FDIC Survey of Banksäó» Efforts to Serve the Unbanked and Underbanked
2011 FDIC Survey of Banksäó» Efforts to Serve the Unbanked and Underbanked
Our Price: $20.00
By Sherrie L.W. Rhine (au); Eric Robbins (au)
Year: 2012
Pages: 28
Binding Paperback
ISBN 978-1-4578-6805-4

Product Code: 1457868059

The Fed. Deposit Insurance Corp. (FDIC) is mandated to survey insured depository institutions every two years to assess their efforts to bring individuals and families who have rarely, if ever, held a checking or savings account at an insured depository institution, into the financial mainstream. The survey examines the efforts being undertaken by the retail banking industry to provide financial products and services to unbanked and underbanked consumers. The 2011 Bank Survey found, among other things, that four out of ten banks develop products and services for underserved consumers; banks see community partnerships as an important strategy to reach underserved consumers; eight out of ten banks provided free counseling to underserved consumers; and most banks accepted non-traditional forms of identification to open new accounts. Figures. This is a print on demand report.

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