- This event has passed.
FedTalk: Financial Inclusion and the Unbanked
November 15, 2023 @ 3:00 pm – 4:00 pm EST
According to a 2021 study by the Federal Deposit Insurance Corporation (FDIC), 4.5 percent of American households do not have a bank account. In this virtual FedTalk, you’ll gain a better understanding of the challenges faced by the unbanked and potential solutions to address the challenges.
Discussion questions include:
- What do we know about why people do not hold bank accounts?
- What is the economic impact of not being part of the banking system?
- How successful have programs been at increasing the number of people who have bank accounts?
Speakers include:
- Paola Boel, Vice President, Federal Reserve Bank of Cleveland
- Lisa A. Nelson, Assistant Vice President, Federal Reserve Bank of Cleveland (Moderator)
- David Rothstein, Senior Principal, CFE (Cities for Financial Empowerment) Fund
- Susan Schaaf, Senior Examiner, Federal Reserve Bank of Cleveland
This public event is open to employees with advance registration.
Free