Resources for Credit Unions Serving Hispanic Consumers

Jay OwenCommunity Development Solutions, SRI/ESG News, TV Series

Credit Unions Celebrate Hispanic Heritage Month

Juntos Avanzamos Celebrates Hispanic Heritage Month

with Resources for Credit Unions Serving Hispanics

Serving Hispanic Consumers

Hundreds of credit unions serve Hispanic consumers, a vibrant and growing part of the American economy. Juntos Avanzamos designated credit unions share a mission of empowering Hispanic immigrants. Juntos Avanzamos (Together We Advance) is pleased to share with you a variety of resources to help your credit union expand its outreach to the estimated 2.7 million unbanked and 4.3 million underbanked Hispanics households in the US today.

Advancing Immigrant Families in Rural America

The Aspen Institute invites you to learn about a demographic shift taking place in rural America. This event will feature the release of a new report detailing the economic status of immigrants living in rural communities. You’ll also hear from leading community development practitioners as they discuss how they are forging new partnerships to advance economic security for rural immigrant families.

Toolkits

A Toolkit for Credit Union Serving Immigrants was developed by the Federation as part of a multi-year partnership with Grantmakers Concerned with Immigrants and Refugees (GCIR), drawing on lessons learned from the Northwest Area Immigrant Asset-Building Initiative. This toolkit focuses on

  • providing financial access through ITINs and alternative IDs
  • appropriate lending products
  • partnering with organizations to establish referral channels

Cities for Citizenship Toolkit was developed by Cities for Citizenship (C4C), a national program to encourage cities to invest in citizenship and financial empowerment for permanent residents. Inside you’ll find strategies to launch citizenship initiatives. Read about how C4C is partnering with the Federation on page 6. This toolkit contains links to numerous reports, contacts, and examples of successful partnerships from Boston to Seattle, including Seattle Metro CU’s Citizenship Express and Citizenship Plus loans.

Webinars

The Matricula Consular: A Key Tool to Connect with Mexican Immigrants

The Matricula Consular is an acceptable form of ID for regulated financial institutions to accept under Customer ID Programs. This webinar features Julian Escutia Rodriguez, head of Consular Coordination and Hispanic Affairs for the Mexican Embassy in Washington, DC. Learn about the features that make the Matricula Consular a safe and trusted document for financial institutions.

The Semana de Educacion Financiera (Financial Education Week) educates the Mexican community in the US about financial inclusion and seeks to facilitate a connection to responsible financial institutions that provide affordable financial services regardless of an individual’s immigration status. This webinar features Sofia Orozco Aguirre, Director of Economic Affairs at the IME, and Julian Escutia Rodriguez, featured above.

Financial Education Week: A Unique Opportunity for Collaboration with Your Local Mexican Consulate