Amna Nawaz
Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos

Life in the cash economy for "underbanked" Americans

Posted

December 15, 2013

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Karla Murthy reports on the financial fringe. Nearly 20% of low income US households are "underbanked," according to the FDIC. But is providing access to traditional, mainstream financial services the best solution for everyone? A professor does double duty as a New York City check casher and discovers that banks might not be the best choice for everyone.

Guests & Subjects Covered

Karla MurthyFDIC ButNew York City

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Life in the cash economy for "underbanked" Americans · Amna Nawaz · Sentinel