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Are You Being Served?

by Colleen Becker7/1/2008 VOLUME 16 / ISSUE 2

The underbanked want the same thing the affluent want—a financial partner they can trust

Turns out that a lot of money is stuffed under mattresses in this country. The Center for Financial Services Innovation (CFSI) estimates that nearly 73 million people in 40 million U.S. households are underserved by traditional financial institutions. The Unbanked—those who lack a mainstream financial transaction account—comprise 28 [...]

 

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