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McWilliams: We can bring more Americans into the banking system

Tuesday, October 30, 2018   (0 Comments)
Posted by: Amanda Averch
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An estimated 8.4 million American households don't have a bank account, a number that could change as banks offer low-cost transaction accounts to reach consumers living paycheck to paycheck, writes Jelena McWilliams, head of the Federal Deposit Insurance Corp. McWilliams says that when she first arrived in the US in 1991, she had difficulty obtaining a credit card, and she understands what it's like not to have a bank account. Read more. 


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