The Unbanked and Underbanked

96 percent of all U.S. households had at least one bank or credit union account in 2021 and the percentage of unbanked households fell to a record low. FDIC Analysts Keith Ernst and Karyen Chu describe the findings of the FDIC’s 2021 National Survey of Unbanked and Underbanked Households and the work being done to bring more people into the financial fabric of our nation.