As We See It

What kind of ‘banked’ does the FDIC think you are?

How “banked” are you?

“More Las Vegans are shunning banks ...” began a story in last week’s R-J, citing an FDIC report on varying degrees of reliance on traditional financial institutions. Who’s ready for some groovy new vocabulary?

• Fully Banked Those who keep their money exclusively in personal bank accounts.

• Underbanked Those with bank accounts who also hit up the Money Tree caterpillar.

• Unbanked Those without checking or savings accounts, possibly with fat mattresses.

• Walter Samasko Jr. The Carson City recluse found dead in his home with $7 million in gold bars and coins. According to the Las Vegas Sun, he had $200 in his bank account, which technically makes him underbanked, but we think the FDIC should make an exception.


Previous Discussion:

  • The sex educator and owner of Detroit's Spectrum boutique brings her humor and expertise to AVN.

  • “Compared to my Ohio life, people are more positive here, more responsive to literary things.”

  • “We break down all the barriers that led them to become homeless, so they can become self-sufficient and sustain on their own.”

  • Get More As We See It Stories
Top of Story