Unbanked

Word UNBANKED
Character 8
Hyphenation N/A
Pronunciations N/A

Definitions and meanings of "Unbanked"

What do we mean by unbanked?

Not having or having never had a savings, checking, or other account with a bank. adjective

People who are unbanked. Used with the. noun plural

Not having been banked adjective

Not served by a bank adjective

To remove a bank from; to open by, or as if by, the removal of a bank.

To make (a fire) burn up by raking off the ashes from the top, opening draughts, etc.

Synonyms and Antonyms for Unbanked

  • Synonyms for unbanked
  • Unbanked synonyms not found!!!
  • Antonyms for unbanked
  • Unbanked antonyms not found!

The word "unbanked" in example sentences

I strongly believe that there will never be enough donor capital to bring microfinance to the scale it must reach if we are to address the needs of the billions of people who remain unbanked worldwide. ❋ Mary Ellen Iskenderian (2010)

New fees could drive millions to join the 'unbanked' - Some say the end of free checking could lead many to drop accounts. ❋ Unknown (2011)

… Financial experts refer to these customers as the 'unbanked' - men and women who live from paycheck to paycheck or scrape by in cash economies. ❋ Unknown (2009)

Households were identified as unbanked if they answered "no" to the question, "Do you or does anyone in your household currently have a checking or savings account?"

Banks have largely ignored serving what are called the unbanked and underbanked, arguing it is difficult to figure out how to make ❋ Unknown (2009)

Those so-called unbanked and underbanked Americans are disproportionally low-income and minority families, including more than half of black households, according to the Federal Deposit Insurance Corp. survey.

Together these two groups - called the unbanked and the underbanked - comprise nearly 26 percent of all U.S. households, according to FDIC Chairman Sheila Bair. ❋ Unknown (2009)

I mean, anyone who takes out a payday loan has to have a bank account, which already gets rid of the unbanked, which is tens of millions of people, including 20 percent of Latinos and African Americans. ❋ Unknown (2009)

From Zach Carter: "Poor people -- known as the "unbanked" -- frequently do at least one of two things around tax time that end up costing them a lot of money. ❋ Eliot Nelson (2011)

But notably, this year the conference showcased some innovations for the millions of "unbanked" Americans, who because of poverty, fear, or lack of information, don't have real bank accounts. ❋ Unknown (2010)

Still, there are at least 50 million "unbanked" Brazilians out there. ❋ Paulo Prada (2010)

Past efforts to lure "unbanked" consumers into the financial mainstream have fallen short. ❋ Unknown (2010)

In addition to "unbanked" consumers, there are the "underbanked" — those who have bank accounts but don't have ready access to them because branches and automated teller machines are rare in many parts of the country, Mr. Dalton said. ❋ Unknown (2010)

The study also revealed that many of those households were comprised of low-income earners and minorities, with 71% of "unbanked" households making less than $30,000 a year and 24% being Hispanic. ❋ Unknown (2010)

The program is designed to help millions of "unbanked" and "underbanked" Americans regain trust in the banking system, and develop a relationship with a financial services provider. ❋ Jerry R. Welch (2010)

Cross Reference for Unbanked

  • Unbanked cross reference not found!

What does unbanked mean?

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