Wed November 13, 2013

'Banking Deserts' Spread Across Low-Income Neighborhoods

Originally published on Wed November 13, 2013 7:06 am

The closure of bank branches can leave people in low-income areas vulnerable to predatory lenders and pricey check cashers. On the west side of Dayton, Ohio, residents and businesses are trying to entice banks to come back after a recent closure created a banking desert nearly five miles wide.