‘It’s a no-win situation:' Lack of bank account makes it hard to break out of poverty, financial counselors say
MOORHEAD, Minn. — Michael St. Amant hasn’t had a bank account in six years.
It was drowned out by $65,000 in medical bills stemming from a car wreck in 2008. That was fine, for a while.
But after getting laid off from his job in Seattle in 2010 and coping with his deteriorating...