Latest News for: Latino banking


Weber State expanding program to bolster entrepreneurialism among Latinos

Ogden Standard-Examiner 24 Feb 2021
OGDEN — Latinos make up a sizable portion of the population of Ogden and Weber County, and Silvia Castro wants to see them thrive ... and spearhead efforts to reach out to Latinos to spur interest in the Wildcat MicroFund ... Bank, also noted the importance of connecting Latino program participants with other Latinos ... He welcomes the new focus on Latinos.

This Congress is the most diverse ever. But Hill staffers remain overwhelmingly white.

Politico 23 Feb 2021
there is only one Black chief of staff in the Senate and only four Latinos ... are Latino ... The Congressional Hispanic Staff Association, composed of more than 300 Latino House staffers, keeps a resume bank for its senior members to pull from when positions open in their offices.

The Change Company Names Antonio Villaraigosa Board Chair

The Marshall News Messenger 23 Feb 2021
Mayor Villaraigosa will ensure The Change Company continues its focus on making homeownership and access to responsible banking a reality for Black, Latino, low income, and other underbanked Americans.” ... In fact, Forbes Magazine found that the returns we generated for our common equity holders ranked up #2 in the country of all banks in 2016.

How COVID-19 changed the lives of one 38-year-old farmworker and his family

The Spokesman-Review 21 Feb 2021
She had access to a translator at the hospital, and through the cousin of one of the nurses attending to her husband, she got connected to Latinos en Spokane, a community-based nonprofit that works to connect the region’s Latino population to services and resources ... Latinos en Spokane wrapped their arms around the Muñoz family.

Mic Check: Atlanta musician/producer Drumma Boy a tsunami of activity

Atlanta Journal 19 Feb 2021
His 2020 also included an appearance in a commercial touting the arrival of the digital bank, Greenwood, the Killer Mike initiative aimed at the Black and Latino communities; producing scads of projects for artists including Noochie and Young Buck; maintaining his Howell Mill ...

Latino-owned businesses seeing record growth despite racial disparities in lending

WPTV 18 Feb 2021
However, despite the growth in the number of Latino-owned businesses and the growth in revenue from these businesses, Stanford’s research shows a Latin-owned business is 60% less likely than a white-owned business to be approved for a loan from a major national bank.

‘Find a Need and Fill It’: One of A.G. Gaston’s Prominent Lessons

The Birmingham Times 18 Feb 2021
Washington Insurance in 1923, Gaston founded a business empire that also included a bank, a funeral home, a construction company and radio stations ... A brief from the Federal Reserve Bank of New York released last August found that Black-owned businesses failed at nearly twice the rate of other firms during the COVID-19 pandemic.

Chase doubles housing grant program as American banks reckon with low minority homeownership

CNBC 16 Feb 2021
Chase Bank will double its Homebuyer Grant in an effort to foster homeownership among Black and Latino communities ... .

Hispanic Chamber Of Commerce Urges Latinos To Apply For Federal Loans

Jacksonville Free Press 09 Feb 2021
Hispanic Chamber of Commerce is asking Latino entrepreneurs affected by the COVID-19 crisis to apply for a loan from the federal government’s Payroll Protection Program ... “Fifty percent of our entrepreneurs do not have a relationship with a bank, which means 5 million entrepreneurs in the U.S ... Hispanics and their relationship with banks.

The number of Latino-owned businesses is skyrocketing — despite financial barriers

Business Journal 09 Feb 2021
Latino entrepreneurs are 60% more likely to be denied loans by national banks. Despite that, Latino-owned businesses are largely profitable and rapidly growing in number ... .

Fair, Neobank and Financial Services Platform, Raises $20MM in 40 Days with Focus on People ...

Crossville Chronicle 09 Feb 2021
The membership-based fintech startup aims to empower consumers with ethical banking, lending, investments and retirement�services that improve traditional, profit-driven banking models.� ... "Research tells us Blacks and Latinos pay twice as much in bank fees, while� the racial wealth gap continues to grow.

The economist placing value on Black women's overlooked work

The Philadelphia Tribune 08 Feb 2021
Now Nina Banks, an associate professor of economics at Bucknell University, is taking that idea another step ... “Not only are we doing paid work for our communities and unpaid work in our households,” Banks said ... Banks has spent years trying to right the historical record on behalf of Black women, a mostly lonely endeavor in economics.

ACLU announces racial justice agenda that includes reparations bill

Yahoo Daily News 08 Feb 2021
... expanding resources into southern states, and pushing for rural post offices to adopt basic banking services ... The group also wants post offices in rural Black, Native American, and Latino areas with no banks to offer check cashing, money transfers, and bill payments services.