As The Nation Nears Full Banking Inclusion, It's Time To Focus On Financial Health

Good news from the FDIC: Fewer than 5% of American households lack a bank account, down from 8% a decade ago and the lowest level since the agency began tracking it. Getty Images The story of how roughly 5 million households entered the banking system since 2011 is instructive as we consider both how to keep them in and how to reach the remaining 6 million still outside of it, 70% of whom are households of color. FDIC data shows that 11% of... + full article