Home Subscriber Only Editorials Signs of hope in fighting effects of poverty, unbanking growth

Signs of hope in fighting effects of poverty, unbanking growth

EXPANDING OPPORTUNITY: Roxana Mercado, right, is part of Capital Good Fund staff trying to bring the benefits of banking to those in the region who are under-served, such as Gloria Orjuela. / PBN PHOTO/MICHAEL SALERNO
EXPANDING OPPORTUNITY: Roxana Mercado, right, is part of Capital Good Fund staff trying to bring the benefits of banking to those in the region who are under-served, such as Gloria Orjuela. / PBN PHOTO/MICHAEL SALERNO

It is not a coincidence that at the same time that the rate of poverty in Rhode Island is growing, the percentage of people who are unbanked or underbanked has gone up as well. (Unbanked is defined as an individual or household with no checking or savings account, while underbanked means that even though the

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