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Report
The Economic Impact of Child Care by State
Learn how child care affects the U.S. economy. View fact sheets from all 50 states. Data include child care affordability estimates and labor force participation rates.
Report
Access to Credit and Financial Services: A Bridge to Financial Well-being
Two analyses describe low- and moderate-income individuals’ access to credit and how this group broadly interacts with financial institutions and services.
Report
Health Care Opportunity Occupations and Workforce Strategies in U.S. and Eighth District Hospitals
Six in-demand health care occupations—like certain nursing and clinical technician roles—can offer rural workers above-median wages without a four-year degree.
Report
Disconnected Young Adults: A Look at the Eighth Federal Reserve District
An analysis examines labor market experiences of disconnected young adults by geography, race, education and income nationally and in the Eighth District.
Report
Bank On National Data Hub: Findings from the First Year
Since 2009, the FDIC has conducted its National Survey of Unbanked and Underbanked Households to assess the number of U.S. households without a bank account at an insured institution, as well as those who have a bank account, but have accessed alternative financial services in the last 12 months. The estimate of households that are unbanked or underbanked is currently at its lowest point. However, the survey notes that millions of Americans are still operating their households and businesses on the sidelines of the financial mainstream because they feel they either “do not have enough money ...
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Bank On National Data Hub: Findings from 2024
Bank On-certified accounts received $260 billion in deposits in 2024. This report examines annual data on Bank On account openings, usage and online access.
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Bank On National Data Hub: Findings from 2022
More than 17 million Bank On-certified accounts across 87% of U.S. ZIP codes have been opened through the end of 2022—a 24% increase from the previous year.
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Bank On National Data Hub: Findings from 2023
Bank On-certified accounts received $174 billion in deposits in 2023. This report examines annual data on Bank On account openings, usage and online access.
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Bank On National Data Hub: Findings from 2020
An estimated 5.4% of U.S. households—or approximately 7.1 million—are unbanked, according to the Federal Deposit Insurance Corp. (FDIC). This means these households do not have checking or savings accounts at a traditional bank or credit union. The estimated number of unbanked households in the 2019 FDIC report was the lowest since the survey began in 2009. The most common reasons survey respondents cited for being unbanked included the following: they did not have enough money for the minimum balance in an account; they did not trust banks; they said avoiding banks affords more privacy; ...
Report
The Present and Future of Bank On Account Data: Pilot Results and Prospective Data Collection
Nearly 27 percent of U.S. households are unbanked and underbanked, which significantly constrains their ability to save reliably, access credit, and achieve other important financial goals. While past financial education and literacy efforts have raised awareness of these issues, there is mixed evidence on the overall effectiveness of such programs, with many studies finding little to no proven impact on consumer financial behaviors. The national Bank On movement seeks to professionalize banking access efforts across the country through supporting local coalitions, increasing the availability ...