2011 Household Survey Results
The 2011 National Survey of Unbanked and Underbanked Households
About the 2011 National Survey of Unbanked and Underbanked Households
To assess the inclusiveness of the banking system, and in partial fulfilment of a statutory responsibility, the FDIC conducts biennial surveys of households to estimate the proportion of households that do not fully participate in the banking system. The second FDIC National Survey of Unbanked and Underbanked Households presents new data and insights on the size of unbanked and underbanked markets at the national, regional, state, and large metropolitan statistical area (MSA) levels.
Methodology
Sponsored by the FDIC, the survey was conducted in June 2011 by the U.S. Census Bureau as a supplement to its Current Population Survey (CPS). Similar to the methodology in the inaugural report, the FDIC uses survey responses to categorize household banking status into three categories: unbanked, underbanked, and fully-banked. The Census Bureau surveyed approximately 54,000 households, and about 44,900 (84 percent) participated in the FDIC-sponsored supplement survey.
- Technical Paper on the Design and Methodology of the Current Population Survey (Source: U.S. Census Bureau)
- 2011 Appendix E (Technical Notes)
- 2011 Appendix G (Survey Instrument)
- Access the data through the Census Bureau's Data Ferret Tool or download the June 2011 Basic Current Population data and the 2011 Unbanked/Underbanked Supplement via File Transfer Protocol (FTP).