Cities across the country have different patterns in the locations of their financial services. Some cities have high concentrations of mainstream financial services, like banks and credit unions, relative to their populations. Other cities have high concentrations of alternative financial services (AFS), like payday lenders and check cashers. The locations of financial services tend to follow patterns of populations’ race and poverty. Where are financial services located relative to residents’ race and poverty in select cities?
The maps reflect data that was updated as of 2/12/19. The map data represents the count of mainstream and alternative financial institutions through 2015.