For those of us who believe financial inclusion is an attainable goal, Lisa Servon’s article “Ritecheck 12″ might challenge some preconceived notions about check cashers and the role they play in the industry. The article, published on Public Books, details what Servon learned about the “alternative financing industry” working as a teller in the South Bronx.
As a professor at the New School in New York, Lisa Servon focuses her research on the financial lives of low-income communities. And as she quickly points out in her article, her experience as a teller in the South Bronx put her right in the crosshairs of a neighborhood of financial exclusion—with one bank per 20,000 residents, compared to one for every 3,000 residents in neighboring Manhattan.
To read the entire article, visit The Huffington Post.
Ghost written by Jane Garcia Buhks for Gina Harman.