This statistic presents the use of alternative financial services by households in United States in 2017, by banking status. It was found that 51.3 percent of the unbanked U.S. households having no account at an insured institution) used alternative financial services.
Alternative financial services (AFS) use in the households of the United States 2017, by banking status
Characteristic
Used alternative financial services
Not used alternative financial services or unknown
Total number of survey respondents: 35,217. Among households which used alternative financial services in the previous 12 months. Unbanked households are those without an account at an insured institution. Underbanked households have an account at an insured institution, but have also obtained financial services and products from non-bank, alternative financial services (AFS) providers in the last 12 months.
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FDIC. (October 22, 2018). Alternative financial services (AFS) use in the households of the United States 2017, by banking status [Graph]. In Statista. Retrieved November 16, 2024, from https://www.statista.com/statistics/416636/afs-use-in-households-usa-by-banking-status/
FDIC. "Alternative financial services (AFS) use in the households of the United States 2017, by banking status." Chart. October 22, 2018. Statista. Accessed November 16, 2024. https://www.statista.com/statistics/416636/afs-use-in-households-usa-by-banking-status/
FDIC. (2018). Alternative financial services (AFS) use in the households of the United States 2017, by banking status. Statista. Statista Inc.. Accessed: November 16, 2024. https://www.statista.com/statistics/416636/afs-use-in-households-usa-by-banking-status/
FDIC. "Alternative Financial Services (Afs) Use in The Households of The United States 2017, by Banking Status." Statista, Statista Inc., 22 Oct 2018, https://www.statista.com/statistics/416636/afs-use-in-households-usa-by-banking-status/
FDIC, Alternative financial services (AFS) use in the households of the United States 2017, by banking status Statista, https://www.statista.com/statistics/416636/afs-use-in-households-usa-by-banking-status/ (last visited November 16, 2024)
Alternative financial services (AFS) use in the households of the United States 2017, by banking status [Graph], FDIC, October 22, 2018. [Online]. Available: https://www.statista.com/statistics/416636/afs-use-in-households-usa-by-banking-status/
