Our Region's "Underbanked" Communities

Our Region's "Underbanked" Communities

We explore the factors contributing to the growth of "un-banked" communities and how they related to our region's economic health.

It's become a staple of low-income neighborhoods across America -- the check-cashing store. More and more people, particularly in our region's immigrant communities, are forgoing traditional banks for businesses that take a cut of their checks in exchange for instant cash. We explore the factors contributing to the growth of "un-banked" communities and how they're related to our region's economic health.

Guests

Manny Hidalgo

Executive Director, Latino Economic Development Corporation

William Campos

Member, Prince George's County Council, D-District 2

Melissa Koide

Deputy Director, Asset Building Program , New America Foundation

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The Kojo Nnamdi Show is produced by member-supported WAMU 88.5 in Washington DC.