Take Two for February 1, 2013

City of Oakland offers banking services to city's poor

In Oakland today, officials are rolling out a new municipal ID card that has an added bonus: it's also a debit card.

In Oakland today, officials are rolling out a new municipal ID card that has an added bonus: it's also a debit card. It's the first card of its kind in the nation, and it's designed to solve common banking problems for immigrants and people living on the financial edge. Although other cities like Los Angeles are looking at Oakland's experiment, many have concerns about mis-use and fraud. KQED's Aarti Shahani reports.


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