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

Article Publication Date
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
Types/Tools
Sources
Programs/Initiatives
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