Banking Status and Financial Behaviors of Adults with Disabilities: Findings from the FDIC National Survey of Unbanked and Underbanked Households

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Article Publication Date: 
4/30/2015
Summary: 
This FDIC report provides information about the population of households headed by working-age adults with and without disability, including account ownership; use of prepaid debit cards; use of alternative financial services; mobile phone,smartphone, and online access. Participation in mainstream financial services is a critical indicator of the economic inclusion; yet the findings show 46.5% of households headed by working-age adults with disabilities are identified as unbanked or underbanked.
Article Author: 
McDonald, Katherine; Conroy, Nicole E.; Morris, Michael; Jennings, Elizabeth
Topics: 
Accessibility
Types/Tools: 
Sources: 
Programs/Initiatives: 
N/A
Keywords: 
finances, unbanked, underbanked, checking account, savings account, online account access, financial services, mobile phones, smartphones, prepaid debit cards, banking methods, banking system, self-determination, economic inclusion

Contact

National Disability Institute
info@caregiving.org

Short URL: http://www.advancingstates.org/node/66393