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by dustcoin 2643 days ago
According to the article, the data the city is using is from 2005. It is likely access has increased in the past 14 years.
1 comments

The article doesn’t link to the study and I can’t find it. “As many as” could mean anywhere from 1 to 50%. Smells like deception, but I could be wrong.
There's a PDF (https://prosperitynow.org/sites/default/files/resources/Bank...) that says that an analysis with those figures was done by Matt Fellowes at the Brookings Institute, which is interesting because it doesn't mention any polling or details, so who knows how those numbers were generated.
Thanks! Their numbers seem to be far off from the FDIC studies, despite them claiming they corroborate national averages.

Looking at the FDIC study from 2009, ~20% of Black/Hispanic households in California were unbanked, and when looking at citizens the number is ~7%.