Banking The Unbanked: A How-To Nearly one-third of the U.S. population?106 million people?are either underbanked or unbanked, according to the Federal Deposit Insurance Corporation (FDIC). That means they don't have bank accounts or regularly make non-bank financial transactions. One in five households has zero or negative assets. Twenty-five million have no credit score, which makes them invisible to the mainstream U.S ...
June 14, 2013 - Forbes
CDIC Announces Memorandum of Understanding with U.S. Federal Deposit Insurance Corporation OTTAWA, ONTARIO--(Marketwired - June 12, 2013) - Canada Deposit Insurance Corporation (CDIC) announced today the signing of a memorandum of understanding (MOU) with the U.S. Federal Deposit Insurance Corporation (FDIC) that formalizes and strengthens cross-border cooperation in the event of the failure of a large, complex financial institution operating in both countries.
June 12, 2013 - Marketwire