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Wed November 13, 2013
'Banking Deserts' Spread Across Low-Income Neighborhoods
Originally published on Wed November 13, 2013 5:06 am
The closure of bank branches can leave people in low-income areas vulnerable to predatory lenders and pricey check cashers. On the west side of Dayton, Ohio, residents and businesses are trying to entice banks to come back after a recent closure created a banking desert nearly five miles wide.