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Helping the ‘unbanked’: California mulls entering banking business to serve disadvantaged consumers

Anneisha Williams figures she has paid several hundred dollars in overdraft fees over the years, so when her last bank recently refused to refund about $500 a hacker stole from her checking account, Williams decided she was done with banks. 

Williams, 38, works full-time at a Jack-in-the-box in the Los Angeles area and is an in-home care provider. She also is raising six children; she doesn’t have time to hassle with a bank she no longer trusts, she said.