"Nearly 20% of low income US households are "underbanked," according to the FDIC. But is providing access to traditional, mainstream financial services the best solution for everyone? A professor does double duty as a New York City check casher and discovers that banks might not be the best choice for everyone."
Lisa Servon, a professor of urban policy at the New School, works as a teller at Rite Check to learn what makes check cashing establishments different-- and for some, better-- than banks.
Watch the full story on PBS News.