Search Results
Nonprofits Struggle in the Face of COVID-19
Amid surging demand for services, many nonprofits serving low- to moderate-income communities suffered staffing and funding constraints.
Essay
Nonprofits Serving and Led by People of Color Showed Pandemic Resiliency
Nonprofits serving and led by people of color were resilient to pandemic challenges, despite fewer government funds and significant economic disruption.
Journal Article
Effective Deployment of Louisville’s ERA Funding: Lessons Learned
Explore the topic of evictions and methods taken in Louisville to quickly distribute emergency rental assistance.
Journal Article
Investing in a Region of Opportunity: The Delta Philanthropy Forum
Two directors within the St. Louis Fed’s Community Development team share insights on how Eighth District stakeholders are working to advance a resilient and racially equitable Delta region.
Journal Article
Sustaining Success in Deploying ERA Funds in Louisville
The ERA program’s success in Louisville was built on collaboration among stakeholders across sectors. But maintaining that success will come with challenges.
Journal Article
Key Ways to Grow Early Childhood Education Offerings in St. Louis
Discover the impact of the early childhood education system in St. Louis and methods of potential growth.
Journal Article
Eighth District LMI Communities Respond to COVID-19’s Toll
Read a synopsis of the ways COVID-19 continues to impact LMI communities and individuals within the Eighth District of the Federal Reserve System.
Report
Bank On National Data Hub: Findings from 2023
Bank On-certified accounts received $174 billion in deposits in 2023. This report examines annual data on Bank On account openings, usage and online access.
Report
Bank On National Data Hub: Findings from 2020
An estimated 5.4% of U.S. households—or approximately 7.1 million—are unbanked, according to the Federal Deposit Insurance Corp. (FDIC). This means these households do not have checking or savings accounts at a traditional bank or credit union. The estimated number of unbanked households in the 2019 FDIC report was the lowest since the survey began in 2009. The most common reasons survey respondents cited for being unbanked included the following: they did not have enough money for the minimum balance in an account; they did not trust banks; they said avoiding banks affords more privacy; ...
Report
Bank On National Data Hub: Findings from 2019
About 5.4% of U.S. households are unbanked, according to the Federal Deposit Insurance Corp. (FDIC), meaning they do not have checking or savings accounts. While this figure represents the lowest rate of unbanked individuals since the FDIC began compiling this type of data in 2009, it means that 7.1 million U.S. households and businesses are still operating on the sidelines of the financial mainstream because they feel: they don’t have enough money for an account; they don’t trust banks; avoiding banks affords more privacy; bank fees are too high or unpredictable. The purpose of the Bank ...