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Tag Archives: Corporation for Enterprise Development

61.9% of Mississippi households on the brink of financial devastation, report says

JACKSON, Mississippi — Despite an improving national economy, 61.9 percent of Mississippians are in a persistent state of financial insecurity, according to a report released today by the Corporation for Enterprise Development. The number of households who have little or no savings to cover emergencies or to start building a better life has increased from last year’s 57.7 percent level. ...

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Mississippi still atop the list of state’s with most unbanked households

Mississippi has retained its distinction as the state with the highest percentage of households without checking accounts or other banking services, a survey released earlier this month by the Federal Deposit Insurance Corp. shows. The survey conducted in 2011 found that 15.1 percent of Mississippi households are “unbanked.” Though the 15.1 percent is higher than all other states, it marks ...

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