Table 5.

Blinder-Oaxaca decomposition of white-minority gaps in unbanking, underbanking, fully banked, frequent AFS users

Unbanked
Minority group	Total diff.	Endowments	Coefficients	Interaction
Hispanic/Latino	−0.148***	−0.141***	−0.021	0.014
	(0.027)	(0.024)	(0.037)	(0.037)
Non-Hispanic Black	−0.274***	−0.169***	−0.105***	0.0001
Underbanked	(0.034)	(0.036)	(0.035)	(0.038)
	Total diff.	Endowments	Coefficients	Interaction
Hispanic/Latino	−0.029	0.023	−0.098**	0.046
	(0.024)	(0.018)	(0.043)	(0.041)
Non-Hispanic Black	−0.065**	0.004	−0.025	−0.044
Fully Banked	(0.029)	(0.030)	(0.033)	(0.035)
	Total diff.	Endowments	Coefficients	Interaction
Hispanic/Latino	0.177***	0.118***	0.119**	−0.060
	(0.031)	(0.026)	(0.050)	(0.048)
Non-Hispanic Black	0.339***	0.165***	0.132***	0.044
Frequent AFS Users	(0.034)	(0.035)	(0.040)	(0.042)
	Total diff.	Endowments	Coefficients	Interaction
Hispanic/Latino	−0.089***	−0.009	−0.151***	0.071
	(0.028)	(0.022)	(0.049)	(0.047)
Non-Hispanic Black	−0.264***	−0.094**	−0.191***	0.021
	(0.035)	(0.037)	(0.040)	(0.042)