UPDATED: Banking Desert Dashboard
Posted by Federal Reserve Bank of Philadelphia on January 21, 2025
While the popularity of online banking has grown, physical banking still plays an important role for many consumers. A lack of access to banking services can mean losing opportunities to improve financial health and build wealth.
Originally created by Alaina Barca and colleagues from the Federal Reserve Banks of Philadelphia and Cleveland, the Banking Deserts Dashboard has just been updated. Those updates include the release of 2024 banking desert data, and user experience improvements like an underlying base map to better orient users to census tract locations and an overall friendlier user experience.
Check out the dashboard to identify banking deserts and potential banking deserts across the United States. Across the nation, all the way down to counties, this dashboard uses census tract data to paint a geographical picture of where deserts and potential deserts are.
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