Businesses owned by black women have experienced unprecedented growth over the past two decades, and their rise has the potential to significantly impact local economies and support the economic health of both rural and urban communities.
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.
Bank On pilot study data file
The Demographics of Wealth is a series of essays written by the staff of the center. The essays are based on the staff’s analysis of over a quarter-century’s worth of data collected by the Federal Reserve through its Survey of Consumer Finances.