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1 in 5 Baltimore households tap services like check cashing rather than banking institutions. This team hopes to improve that.

1 in 5 Baltimore households tap services like check cashing rather than banking institutions. This team hopes to improve that.

Miyae Mumford of Southern Baltimore will pay $5 per week to load her Forever 21 paycheck on a Visa card and employ the amount of money a days that are few. ATM fees digest more money whenever she requires money. And if she’s got a paper check, she offers up a piece of this at a check cashing destination.

“It’s awful they work so very hard you are a nickel away from you,” said Mumford, 21, who would like to open a banking account it is daunted by most of the choices. Read More