Follow Us on Twitter

United Way of Central Oklahoma

Menu Button

Unbanked & Under-banked Households - Oklahoma, 2017

Unbanked - No one in the household has a checking or savings account.

Underbanked - If a household has a checking or savings account and still had to use an alternative financial service provider in the past 12 months. Such as money orders, payday loans, pawn shop loans, etc.

Fully Banked - A household has a checking or savings account and did not have to use alternative financial services in the past year.

Location  Number of Households (1000s)  Unbanked Households (Percent) Underbanked Households (Percent) Banked: Fully  Banked Households(Percent)
Oklahoma 1,582 7.3% 21.7% 67.2%
Oklahoma City Metro Area                                            520 5.7% 24.5% 66.3%

Source: 2017 Federal Deposit Insurance Corporation (FDIC) National Survey of Unbanked and Underbanked Households - Appendix Tables A.7 & A.11