Report: Millions of Americans opt out of bank account

3:39 PM, Sep 14, 2012   |    comments
  • Share
  • Email
  • Print
  • - A A A +

There are nearly 10 million American households living without a checking or savings account.

That's according to a new FDIC report released this week.

According to the report, about 8.2 percent of U.S. residents do not have a bank account. The report states the main reasons are a lack of money, high bank fees, or a mistrust of banks.


(KUSA-TV © 2012 Multimedia Holdings Corporation)