Do Metropolitan Areas have Equal Access to Financial Services?

Photo: Shutterstock

Do Metropolitan Areas have Equal Access to Financial Services?

Cities across the country have different patterns in the locations of their financial services. Some cities have high concentrations of mainstream financial services, like banks and credit unions, relative to their populations. Other cities have high concentrations of alternative financial services (AFS), like payday lenders and check cashers. The locations of financial services tend to follow patterns of populations’ race and poverty. Where are financial services located relative to residents’ race and poverty in select cities?

Update, 10/12/2018: Our mapping tools are currently being updated. We expect to release a new version in the near future. We apologize for the inconvenience. If you need any assistance, please contact Justin King at king@newamerica.org.