TABLE 3.

Percentage of FRs 51 Years and Older Who Do Not Own a Bank Account at the Household Level by Race and Ethnicity

	2000	2002	2004	2006	2008	2010	2012	2000–2012
White (%)	10	7	7	8	7	9	11	9
Black (%)	39	34	32	30	30	37	38	35
Hispanic (%)	32	31	37	35	38	42	46	38
Observations	10,753	10,063	10,930	10,601	10,035	11,456	11,107	74,945

Notes: Ownership of a bank refers to whether the household owns a checking, saving, or money market account. Percentages are calculated using only the household FR. We use year-specific weights to compute percentages in each year. For the percentage during the period 2000–2012, we use a base weight, which is the weight of the individual when it entered the survey. Source: Data obtained from the HRS (2017) for the years 2000, 2002, 2004, 2006, 2008, 2010, and 2012.