unbanked
adj.— «About 60 percent of recent Latino immigrants are “unbanked,” an industry term meaning that they do not have a checking or savings account, according to the Federal Deposit Insurance Corp. The agency estimates that 10 percent of Americans don’t have bank accounts. Most are minorities, recent immigrants and people with low incomes.» —“Banking on a change” by Denise Trowbridge, Stephanie Czekalinski Columbus Dispatch (Ohio) Aug. 12, 2007. (source: Double-Tongued Dictionary)