Data • By Topic • Economy • Wealth & Savings • Personal Finance

Unbanked and underbanked households

Unbanked households are those where no member has a checking or savings account with an insured institution. Underbanked households are those that do have a bank account but have still used an alternative financial service — like a money order or a payday loan — in the past 12 months.

Sources & Footnotes

Related Metrics

Percent of households that used an alternative financial service (AFS) in the past year

22.1%

2017

Explore the data

Percent of households that used an alternative financial service (AFS) in the past year

22.1%

2017

Explore the data

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Unbanked and underbanked households

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Data Adjustments

Related Metrics

Percent of households that used an alternative financial service (AFS) in the past year

Percent of households that used an alternative financial service (AFS) in the past year