A study by the Federal Deposit Insurance Corp. shows that about 17 million Americans, almost 8% of households, do not have bank accounts. Another 43 million people are considered underbanked. The FDIC is poised to vote on a program aimed at encouraging banks to offer consumers inexpensive, no-frills accounts. FDIC Chairman Sheila Bair said participating banks could charge a monthly maintenance fee, but overdraft protection fees and other similar charges would be off-limits.

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