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% |
