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morningmoon | 7 years ago

The article doesn’t link to the study and I can’t find it. “As many as” could mean anywhere from 1 to 50%. Smells like deception, but I could be wrong.

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sct202|7 years ago

There's a PDF (https://prosperitynow.org/sites/default/files/resources/Bank...) that says that an analysis with those figures was done by Matt Fellowes at the Brookings Institute, which is interesting because it doesn't mention any polling or details, so who knows how those numbers were generated.

morningmoon|7 years ago

Thanks! Their numbers seem to be far off from the FDIC studies, despite them claiming they corroborate national averages.

Looking at the FDIC study from 2009, ~20% of Black/Hispanic households in California were unbanked, and when looking at citizens the number is ~7%.