“The number of American households without bank accounts is rising. According to the Federal Deposit Insurance Corp., 10 million households reported lacking one last year. This was up from 9 million in 2009.

That number is 8.2 percent of households or 17 million adults that are categorized by the FDIC as unbanked. Almost three in 10 households don’t have a savings account. 10 percent don’t have a checking account…”

Read Abby Smith’s full article here