Every two years, the Federal Deposit Insurance Corporation (FDIC) completes a report on the status of banking in the US. The recently released report, “How America Banks: Household Use of Banking and Financial Services,” says that a record low 5.4% of U.S. households were unbanked… Read More
On Friday, Chicago-based marketplace lending platform Avant announced it has appointed President of Washington College and former head of the Federal Deposit Insurance Corporation (FDIC), Sheila Bair as a new member of its board. Al Goldstein, co-founder and CEO of Avant, stated: “Sheila’s proven track… Read More
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