Alert March 25, 2008

FDIC Publishes Article on Developing LMI Deposit Customers

The FDIC published an article in its FDIC Quarterly describing the challenges low- and moderate-income households face in building assets and examining the incentives banks have for encouraging these customers to save. The article also describes some strategies banks have used to build profitable relationships that also benefit lower-income consumers. Click here for a copy of the article.