20120914-FDIC Report Says Unbanked, Underbanked On Rise

Nearly 30 percent of U.S. households are unbanked or underbanked, and according to a recent study by the FDIC, that number is on the rise. In this week’s Data Point, PYMNTS.com jumps into the study and reveals how the two designations are defined, what such households use for bank alternatives, and why income may not correlate with the underbanked the way you think.