underbanked


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Related to underbanked: Unbanked

un·der·banked

 (ŭn′dər-băngkt′)
adj.
Having access to financial services, as in a bank account or credit card, but using them rarely or irregularly.
pl.n. (used with a pl. verb)
People who are underbanked. Used with the.
References in periodicals archive ?
M2 EQUITYBITES-March 16, 2017-Sionic Mobile, Customer Engagement Technologies to provide mobile loyalty and payments to underbanked
Sionic Mobile and Customer Engagement Technologies (CET) are partnering to provide mobile loyalty and instant universal rewards to the underbanked, the companies said.
BANKING AND CREDIT NEWS-March 16, 2017-Sionic Mobile, Customer Engagement Technologies to provide mobile loyalty and payments to underbanked
Global Banking News-June 18, 2013--Oklahoma's Unbanked and underbanked households account for 34 percent of total in(C)2013 ENPublishing - http://www.enpublishing.co.uk
Oklahoma has among the highest percentage of unbanked and underbanked households in the US, according to a survey carried out by the Federal Deposit Insurance Corp.
population doesn't use traditional financial services such as checking accounts—also referred to as being underbanked. While this statistic is largely attributed to low-income households, factors such as the current economic climate and the rising costs of banking continue to impact a growing portion of the workforce.
There are obviously many answers to this question, but a few of the reasons people are underbanked include:
The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet on Wednesday, September 12, 2012, to discuss results of the FDIC's second National Survey of Unbanked and Underbanked Households that will be released at the meeting.
The Federal Deposit Insurance Corporation (FDIC) has released the findings of its FDIC National Survey of Unbanked and Underbanked Households, breaking new ground in gaining understanding of which Americans remain outside the banking system.
Some 115,000 Arkansas households--just over 10 percent of all households in the state--have no bank account at all and another 22.3 percent are categorized as "underbanked" in a report by the Federal Deposit Insurance Corp.
underbanked consumer financial services market(C)2012 M2 COMMUNICATIONS http://www.m2.com