HousingandSocialChange
Consumer Financial Services, Financial Capability & Education, Financial Services Industry
Book Chapter | September 2003

Banking the Unbanked: Connecting Residents of Social Housing to the Financial Mainstream

Housing and Social Change East-West Perspectives
Michael A. Stegman

A decision to save taxpayer money by delivering government benefits electronically could help bring low-income people into the financial mainstream.

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Abstract

Michael A. Stegman writes a chapter for Housing and Social Change: East-West Perspectives that traces the rise of financial institutions in the United States and abroad to discuss how a decision designed to save the taxpayer money by delivering government benefits electronically has the potential to improve people’s lives by helping them open a bank account and bringing them into the financial mainstream.

 

 

The UNC Center for Community Capital conducts research and policy analysis on ways to make financial services work better for more people and communities.

 

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