The FDIC recently released a study that finds that 60 million Americans, a quarter of all U.S. households, are either “unbanked or underbanked.”  Unbanked is defined as lacking a checking or savings account, while underbanked means relying heavily on alternative means of finance such as payday loans, rent-to-own agreements, and pawn shops. http://www.prnewswire.com/news-releases/new-fdic-study-shows-one-in-four-us-households-currently-unbanked-or-underbanked-state-by-state-data-available-78311312.html http://www.washingtonpost.com/wp-dyn/content/article/2009/12/02/AR2009120201016.html?hpid=topnews As [...]