Money

Banks look to new accounts to attract the unbanked as COVID-19 takes a toll

Susan Tompor, Detroit Free PressComments Off on Banks look to new accounts to attract the unbanked as COVID-19 takes a toll

Roughly 7.1 million homes — or 5.4% of U.S. households — do not have checking or savings accounts, says a survey released Monday by bank regulators.

      
Susan Tompor, Detroit Free Press
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