unbanked

Not having been banked.

Not served by a bank.

It targeted the unbanked poor – "the watchmen, tomato sellers and small-scale farmers" whom Mwangi lists as typical customers – with cheap savings accounts and microloans backed by unusual guarantees.

[M]any low-income people are "unbanked" (not served by a financial institution), and thus nearly eaten alive by exorbitant fees. As the St. Louis Federal Reserve pointed out in 2010: "Unbanked consumers spend approximately 2.5 to 3 percent of a government benefits check and between 4 percent and 5 percent of payroll check just to cash them. […]["]

Of a train, not having the assistance of a banker (etymology 3) when climbing a steep grade (or bank).

However, it was recently made obvious, both that the B.R./Sulzer Type 4s can comfortably negotiate the bank without help on the normal express train formations of this route, and also that the Western Region wants to eliminate the expense of providing bankers.