Oakland Organizations Champion Financial Literacy Empowering Residents with Vital Resources |
Rising numbers of unbanked or underbanked individuals, largely due to unmet minimum balance requirements, have become a growing concern. However, organizations across Oakland are stepping up, waging a war against the financial illiteracy that’s plaguing some residents. Up to 4% of Alameda County’s residents lack access to basic banking services, with Black and Hispanic communities making up the majority of that unbanked or underbanked population. | By Magaly Muñoz Rising numbers of unbanked or underbanked individuals, largely due to unmet minimum balance requirements, have become a growin...
Source: postnewsgroup.com