Bank Deserts have formed in Low to Mid Income areas resulting in
a "Bank Challenged" (unbanked / underbanked) population.
Economics Poverty Rates
FIDC Unbanked Rate
= Predatory Check Cashers and Pay Day Loan Expansion Rates of 11-15% per Year
INTERACTIVE LIVE MAP OF DISTRESSED ZIP CODES!!!
TAP MAP to EXPAND. HOVER OVER MAP TO DISPLAY ZIP CODES!
Tap to open window for more info.
FFIEC Community Reinvestment Act
Distressed and Underserved Tracts
List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies
Download Excel and PDF files.
Other Bank Desert Maps
Map of the number of banks and payday lender stores in California counties
Kentucky Banking Deserts – Zip Codes With No Banks (Shaded Zip Codes)
Nevada Banking Deserts – Zip Codes With No Banks (Shaded Zip Codes)
With thanks to Hope Policy.
Urban and Rural Bank Desert States
|States with More Than 10 Urban or Rural Bank Deserts State||Urban Bank Deserts||Rural Bank Deserts|
|Combined Statistical Areas with at Least 8 Urban Deserts|
|New York-Newark, NY-NJ-CT-PA||40|
|Los Angeles-Long Beach, CA||36|
|Dallas-Fort Worth, TX-OK||11|
|Pittsburgh-New Castle-Weirton, PA-OH-WV||10|
|Houston-The Woodlands, TX||9|
|Omaha-Council Bluffs-Fremont, NE-IA||9|
|San Jose-San Francisco-Oakland, CA||9|
|Atlanta-Athens-Clarke County-Sandy Springs, GA||8|
Banking the Unbanked: Bank Deserts in the United States
Russell D. Kashian, Ran Tao, Claudia Perez-Valdez
University of Wisconsin, Whitewater
Distressed Communities Map
The CDFI Fund determines Distressed Communities based on geographic and economic criteria. The area must have at least 4,000 people if it is within a Metropolitan Service Area (MSA), at least 1,000 people if it is not in an MSA, or the area must be located within an Indian Reservation. In addition, at least 30% of the area’s population must have incomes less than the national poverty level, and the unemployment rate must be at least 1.5 times the national average.
Use the map below to identify census tracts in your target area that fully or partially qualify as BEA Distressed Communities based on the updated eligibility data. And, visit the CDFI Fund’s website for more information on the BEA Program.
(Drag the map to show your state. Use the zoom in "+" to zoom into your neighborhood.)