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WNCT on MSNHouse Bill 187 could limit banking deserts in Eastern NCMany areas in Eastern N.C. are considered banking deserts. Not having a bank nearby can have a negative impact on your ...
Banking deserts are cropping up in rural areas as banks shutter branches in remote areas, considering the majority of the US population is concentrated in cities and drives the bulk of deposits ...
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 ...
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 ...
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.
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