Dec. 17, 2015
To Bank or Not to Bank: Perspectives from a Professor/Check Casher, Lisa J. Servon (21:29)
Lisa Servon, professor and former dean at the Milano School of International Affairs, Management, and Urban Policy at The New School, shares her perspective on the financial lives of the urban poor while working as a teller at a check casher/payday lender in New York and California.
She also discusses the opportunities available for financial institutions and those who serve low- and moderate-income communities. Servon teaches in the Urban Policy Program at Milano and conducts research in the areas of urban poverty, community development, economic development and issues of gender and race.
Her specific areas of expertise include the financial lives of low-income communities, microenterprise development and capacity-building for community-based organizations.
FedCommunities.org is a portal to community development resources from all 12 Federal Reserve Banks and the Federal Reserve Board of Governors.