Technology is the New Branch

4 Solutions to Reach Underbanked Communities

In this guide, we’ll examine who underbanked teens are—and how their attitude, behaviors, and upbringing affect their financial readiness. Then, we’ll investigate how financial education programs can impact these behaviors, and propose actionable solutions that banks and credit unions can use to increase banking in underbanked communities. In fact, implementing a strong financial education program not only helps financial institutions stay compliant—it can also earn them new customers at the same time.