CREATE Metric
Access to banks and financial institutions
In 2021, 79.8 percent of households were classified as "fully banked," meaning that the household had a checking or savings account and did not use alternative financial services outside of the banking system in the past 12 months.
Source: Federal Deposit Insurance Corporation (via LA Mayor's office)
Our target
85 percent of households will be classified as fully banked.
Percentage of households fully banked.
2021
80
LA2050 Target
2050
85