Terri Friedline’s Research Uncovers Racialized Costs of Banking
January 21, 2020
Associate Professor
Terri Friedline’s research on racialized costs of banking was highlighted in a recent CBS News story, “Blacks and Latinos say they pay higher bank fees — research suggests they're right.” Friedline’s research found that the average cost of maintaining a checking account was $262.09 higher for Latinos, $190.09 higher for blacks and $25.53 higher for Asian-Americans when compared to white customers.
