PBS NewsHour

'Unbanked' Americans lack access to financial services

Clip: 12/26/2022 | 8m 5s  | Video has closed captioning.

It's not well known, but about 4.5% of U.S. households are unbanked, meaning no one in the house has a checking or savings account. The rate declined during the pandemic because people opened accounts to receive government stimulus funds. But disparities between the banked and unbanked persist. Economics correspondent Paul Solman reports.

Aired: 12/26/22

Rating: NR

Problems Playing Video? | Closed Captioning

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