21.4 Percent of Black Families Don't Have Bank Accounts
Black Enterprise Magazine January-March 2019 Issue

From the Associated Press

A new report released by the FDIC reveals that 21 percent of African American families don’t have bank accounts.

The survey showed how 821,000 U.S. families lost access to banking from January 2009 to June 2011.

Roughly 10 million U.S. households, about 8.2 percent, have no access to bank accounts, according to the survey.

Read more at the Associated Press


Black Enterprise is a black-owned multimedia company. Since the 1970s, its flagship product Black Enterprise magazine has covered African-American businesses with a readership of 3.7 million.

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