Our Region's "Underbanked" Communities | The Kojo Nnamdi Show

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Our Region's "Underbanked" Communities

Listen Monday, Sep. 28, 2009 at 12:06 p.m. in Business, Economy, Finance, Property

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.

Order a order a CD CD or order a transcript TRANSCRIPT of this program.

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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