The unbanked: more than you might imagine.

PositionFiguratively Speaking - Brief Article

The number of individuals in the United States who do not have a relationship with a mainstream financial institution 10 million

Percentage of these unbanked households that are African-American 33

Percentage of households that are Hispanic 29

Percentage of unbanked individuals who have not begun to save for retirement 30

Source: Chicago Fed Letter, January 2003

The percentage of U.S. parents who feel that it is important for children to receive some form of financial literacy instruction in school 91

The percentage who believe that this education should start in elementary school 52

The percentage who believe that it should start as early as kindergarten or pre-kindergarten 14

The percentage who report that their child's school does not provide a program or designed curriculum teaching financial literacy 48

Source: Coinstar Inc., Bellevue, Wash. www.coinstar.com

The percentage of adults who identified themselves as direct...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT