Over forty-three million people experience a mental health issue annually. Mental health issues can make financial situations more complicated and financial stability more difficult to achieve. Furthermore, financial institutions are missing out on an opportunity to effectively serve the millions of Americans who live with a mental health disability.
This report, from the Ludwig Center for Community and Economic Development, proposes that financial institutions offer supportive banking features in order to make their products and services more accessible.
Banking for All: Why Financial Institutions Need to Offer Supportive Banking Features explains both why financial institutions should better serve individuals with mental health disabilities, and how these institutions might go about implementing these features.