underbanked

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  5 Credit Unions Chartered in the Past 5 Years

  By Natasha Chilingerian  |  October 8, 2012

  The founders of these five newbies have made it past that initial nerve-wracking period and are now watching their babies slowly grow.

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  5 Credit Unions Chartered in the Past 5 Years

  By Natasha Chilingerian  |  October 8, 2012

  The founders of these five newbies have made it past that initial nerve-wracking period and are now watching their babies slowly grow.

• U.S. Poverty Nearing Highest Rate Since 1965

  By Staff Writer  |  July 25, 2012

  More bad news on the economy, as the ranks of America's poor are on track to climb to levels not seen in nearly 40 years.

• Mid Cities CU CEO Shares Underserved Market Insight at World Council Conference

  By Natasha Chilingerian  |  July 25, 2012

  Melia Keller addressed Young Professionals group on auto lending, other strategies at Gdansk confab.

• Half of Adults Worldwide Have Credit Union, Bank Accounts: Gallup

  By Michelle A. Samaad  |  April 30, 2012

  Penetration nearly universal in some European countries, nearly nil in some African nations.

• NYT Article Looks at Banks Targeting Lower Income Consumers, Cites Credit Union Alternative

  By David Morrison  |  April 26, 2012

  Front page article describes how banks have begun to court lower income, underbanked and unbanked consumers in an attempt to boost fee income.

• Mass. CU Links Up Community Financial Center

  By David Morrison  |  February 15, 2012

  Metro Credit Union has partnered with five organizations in its home community of Chelsea to bring financial and employment services to lower-income residents.

• Keep the Momentum Going With an Unbanked Transfer Day

  By Tim Chen  |  November 5, 2011

  Follow up Bank Transfer Day with focus on unbanked, underbanked who are most vulnerable to payday lenders, expensive big banks.

• Underbanked Accounts Represent Huge Opportunity, Report Says

  By David Morrison  |  November 2, 2011

  Think tank, venture capital fund estimate total underserved market at $455 billion in 2010.

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  NCUA Asks Congress to Expand Ability of CUs to Serve the Underbanked

  By Claude R. Marx  |  September 22, 2011

  Agency's executive director, David Marquis, testifies to House panel that adding underserved areas would address issue.