Latest News for: Latino banking

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Progress Grant for Allied Health Students

Mega Doctor News 12 Aug 2022
With the goal of increasing the Hispanic-Latino representation in health care careers, South Texas College was awarded a Bank of America Progresando Grant to support enrollment efforts and expand the college’s capacity to meet workforce demands.
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The Union Bank Is Excited To Support Local Columbus Latino Festival

MENA FN 11 Aug 2022
(MENAFN - EIN Presswire) The Union Bank will host a booth at –Festival Latino! - stop by to meet the team and enter to win prizes This event is free, family-friendly, and exactly what the bank ... .
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Grant Funding Boosts Help for Hispanic Business Entrepreneurs

Cascade Business News 09 Aug 2022
(Small Business Development Center Business Advisor and Latino Community Outreach Specialist Jose Balcazar Teaches a General Contractor Test Preparation Class in Spanish at COCC ... The Central Oregon Community College (COCC) Foundation recently received a Latino-focused grant from the U.S.
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Latinos and Blacks are most affected by the rise in inflation

NBC News 05 Aug 2022
Latinos and Blacks are impacted more by the rise in inflation, according to the Federal Reserve Bank of New York ... .
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Monterey County examines food assistance programs in wake of inflation

Monterey Herald 04 Aug 2022
“We’re seeing more clients than we did pre-pandemic,” said Melissa Kendrick, CEO and executive director of Food Bank for Monterey County ... According to the Food Bank for Monterey County, 1 in 4 people in Monterey County are hungry, with 34% of county residents experiencing food insecurity.
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JPMorgan, Bank of America invest in L’ATTITUDE Ventures’ first fund

FX Empire 03 Aug 2022
The fund which intends to invest in early-stage companies that are either founded or run by Latino entrepreneurs also had investments from Barclays, the Royal Bank of Canada and Cisco, among others ... bank’s broader commitment to supporting Latino entrepreneurs and small businesses in the country, Dimon added.
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JPMorgan, Bank of America invest in L'ATTITUDE Ventures' first fund

Reuters 03 Aug 2022
The fund which intends to invest in early-stage companies that are either founded or run by Latino entrepreneurs also had investments from Barclays (BARC.L), the Royal Bank of Canada (RY.TO) and Cisco, among others ... bank's broader commitment to supporting Latino entrepreneurs ...
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JPMorgan, Bank of America invest in L'ATTITUDE Ventures fund

The Economic Times 03 Aug 2022
The fund, which intends to invest in early-stage companies that are either founded or run by Latino entrepreneurs, also had investments from Barclays, the Royal Bank of Canada and Cisco, among others ... .
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Can bank-starved Bronx communities finally cash in after decades of redlining and mass closures?

Bronx Times 02 Aug 2022
While closures permeated throughout the city, a quarter of the 2020 bank closures were in low- and moderate-income census tracts, and 20% were in majority Black or Latino communities ... During the Great Recession, comparably sized banks closed at higher rates in markets serving ...
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Remarks by Vice President Harris at an Economic Coalition Opportunity Event

The White House 29 Jul 2022
In our nation, Black entrepreneurs are three times more likely to report they did not apply for a loan for fear of being turned away by a bank ... Black and Latino homeowners are rejected by tri- — traditional financial institutions at a higher rate when applying for home loans.
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Vice President Kamala Harris visits Brooklyn to tout new Economic Opportunity Coalition helping underserved communities

AM New York 28 Jul 2022
According to the vice president, Black entrepreneurs are three times more likely to report that they did not apply for a loan since they were afraid of being turned away at the bank—a fear that has been perpetuated by family, friends, and neighbors’ experiences. Black and Latinos ...
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We can do more for the 90 percent — time to fix the ‘accredited investor’ regulation

The Hill 28 Jul 2022
That’s not fair. And it’s not smart ... and 2.8 percent are Latino, even though they make up nearly a third of all Americans. At a time when your bank account is yielding less than one-tenth of one percent, we believe more people should have the opportunity to invest in opportunities that our regulators have reserved for the wealthy for decades ... We agree.
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Greenwood and Travis Hunter Sign NIL Deal and Partner to Launch the “Choose Black” Campaign

The Joplin Globe 27 Jul 2022
Greenwood, the digital banking platform for Black and Latino individuals and business owners, has announced a NIL deal and multi-year partnership with Travis Hunter, the number one overall college football recruit in the 2021-2022 season who will be pursuing his college football career at Jackson State University (JSU).
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Latino Entrepreneurs Underestimated Due to Structural Barriers: Angelica Fuentes

Victoria Advocate 26 Jul 2022
Despite the legal efforts raised in the Community Reinvestment Law of 1977 and the creation in 2011 of the Office of Consumer Financial Protection, both focused on reducing discriminatory barriers in the banking system, Angelica Fuentes points out that Latino entrepreneurs have not overcome the structural obstacles.
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NEW STUDY FROM FEEDING AMERICA SHOWS EXTENSIVE DISPARITIES IN FOOD INSECURITY AT THE COUNTY LEVEL

Longview News-Journal 20 Jul 2022
state, county, and congressional district, as well as the service area of each Feeding America food bank.The estimated food insecurity prevalence for Black, Latino, and white communities where sufficient sample sizes have allowed estimates to be generated.The percentage of the ...

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