The number of households without an account at a bank or credit union fell in 2015 to its lowest level since at least 2009, in part because of an improving economy, the FDIC reported Thursday.
The survey, conducted every two years by the U.S. Census Bureau and the FDIC since 2009, also tracked strong gains among consumers in reaching their account online or with a smartphone.
In 2015, 7% of 128 million U.S. households were unbanked – meaning nine million households had no one with a checking or savings account.
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