A pilot study shows how Bank On accounts are used and the market for them. The target consumers are people who otherwise have difficulty getting safe and affordable bank services.
The 2017 survey showed 19.4 percent of respondents reported that economic conditions were improving in low- and moderate-income communities throughout the Eighth Federal Reserve District, compared with 17.6 percent who reported improving conditions in the 2016 survey.
This article explores the lingering adverse effects of the housing crisis and resulting Great Recession on the nation’s renters, including those in the St. Louis Fed’s Eighth District.
See more articles in the most recent Bridges.
The goal of the program is to provide more homeownership and rental housing options for households with very low, low and moderate income.
In the 2017 survey, small businesses with employees reported stronger revenue growth and profitability, but some segments of firms continued to face financial challenges.
Southern states face a skills gap and must adapt to a new U.S. economy in which most jobs require training beyond high school.
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