News

New data tool for analyzing unbanked populations released

November 15, 2011

The Corporation for Enterprise Development, with support from the U.S. Department of the Treasury, and in partnership with the San Francisco Office of Financial Empowerment, the National League of Cities and the New America Foundation, has launched a new website to offer a look into communities to see if banking resources are available.

JoinBankOn.org uses PolicyMap as its platform and is the online home for the national community of Bank On initiatives, which are locally-led coalitions of government agencies, financial institutions and community organizations working to promote financial access for low- and moderate-income Americans.

According to a press release, the Research Your Community tool offers estimates and maps of the number of unbanked and underbanked households in local communities. The tool allows users to:

• Download estimates of unbanked and underbanked households at the state, county, city, MSA and census tract levels
• Download supplementary demographic data on at-risk populations
• Print customized reports on financially underserved populations

The interactive maps that are part of the website are powered by PolicyMap, an online data analysis and mapping tool.

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