* Although the MSAs listed here reflect the offical 2003 OMB metro area definitions, the source used projected 2003 OMB metro area definitions when collecting the data. Please view the Source tab for more information. Data is a percentage of all fully banked households only. For a definition of "fully banked", please see the source tab.
Years Available: 2009, 2011, 2013
Permanent Link: http://data.sagepub.com/sagestats/16215
General Notes: "Banked households" are defined as households that have a checking or a savings account but do not meet the definition of underbanked. Fully banked households may have used alternative financial services (AFS) more than a year ago or may currently use AFS not included in the underbanked definition. For reference, "underbanked households" are defined as households that have a checking and/or savings account but rely on alternative financial services (AFS). Specifically, underbanked households have used non-bank money orders, non-bank check-cashing services, non-bank remittances, payday loans, rent-to-own services, pawn shop loans, refund anticipation loans, or auto title loans at least once in the last 12 months. A "-" symbol indicates the estimated value would round to zero. A "*" flags projected metro areas that changed geographic boundaries between 2013 and 2015 or do not meet the official OMB metro area definition - interpret with caution.