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Why Aspiration Says Big Banks’ “Bad Decisions” Were Its Gain

PYMNTS

Three years later, in 2013, Bank of America stopped enrolling new customers in the program. They also questioned the move in light of the lift BoA received from last month’s federal legislation, which slashed taxes for corporations. The program was intended to compete with the “digital only” banks popping up at the time.

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Building Financially Empowered Youth; Our Future Depends on Them

Filene

A 2013 FDIC National Survey of Unbanked and Underbanked Households showed that more than 30% of household members under the age of 24 are unbanked—significantly higher than older generations. They produced a “Don’t Tax My Credit Union” video for Congress in support of credit unions.

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