Banking Desert
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The last bank branch standing
As physical bank branches close, some residents and small businesses in resulting banking deserts struggle to access essential financial services. In some communities, CDFIs are stepping in to help fill this gap.
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![[Watch] The Changing Landscape of In-person Banking](https://fedcommunities.org/wp-content/uploads/2024/03/connecting-communities-banking-deserts.png?w=1024)
[Watch] The Changing Landscape of In-person Banking
In a recent Connecting Communities webinar, experts discussed how US bank branch closures affect lower-income, rural, older, and disabled customers. They highlighted the value of in-person banking and tools like the Fed’s Banking Deserts Dashboard. Watch on demand.
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When ‘mobile’ means buses or a horse and buggy: Innovative solutions to banking deserts
Two community banks, Bank of Bird-in-Hand and BankOnBuffalo, combat banking deserts in a unique way by bringing access to financial services to the communities that they serve.