Many areas in Eastern N.C. are considered banking deserts. Not having a bank nearby can have a negative impact on your ...

The banking deserts are 8% rural and 92% suburban while none are urban. About 35% also have limited access to broadband. Hayes said there are different issues at play in terms of demographics.

Chrystel Cornelius: Oweesta was founded to address the systemic lack of access to capital in Native communities, often called "banking deserts." Native entrepreneurs, families and organizations ...

After closing a downtown branch, River City Federal Credit Union moves into an Eastside neighborhood where banking ...

More than 37,000 Black Atlantans live in banking deserts — areas with no bank branches within a 2-mile radius — making them particularly vulnerable to these exploitative financial products.

Credit unions have begun curing financial deserts. In 2024,119 bank deserts were fully or partially cured with credit unions responsible for 35.7 percent of them. Polling from December 2024 ...

PITT COUNTY, N.C. (WNCT) — Many areas in Eastern N.C. are considered banking deserts. Not having a bank nearby can have a negative impact on your financial health. Now, there is a bill floating ...