Lessons from a Storm: Banking for Safety
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- Lessons from a Storm: Banking for Safety
- Reserve Bank
- Board of Governors
This 17-minute video tells the stories of families who, in the aftermath of Hurricane Katrina, learned about the benefits of maintaining a bank account that allows for the direct deposit of payments and associated benefits. The video, available in English and Spanish, notes that consumers who use their bank account carefully and avoid overdraft fees will likely find it costs less than not having a bank account.
|banking, personal finance, debt, money management, payments, deposit, account|