Almost 1 in 5 (or about 19%¹) of us remain either under-banked or outright unbanked.
Between banking deserts, a general lack of trust in traditional banks, or simply not wanting to get swarmed with fees, there’s no question as to why millions of Americans are having a tough time building wealth – not just for the present, but for future generations too.
We know how we got here. So, now the question is: What are we going to do about it?
Southern cultivates financial strength in underserved communities through a unique blend of traditional banking, credit counseling, and policy advocacy.
TeamWALT is the innovation division of Southern. Think of it as a fintech within a bank. We make apps to scale Southern’s mission to communities across the US.