Web Version

Financial Services and Hispanic Americans

Author: Charles Kamasaki and Laura Arce
Contact: Publications
Date: Aug 29, 2000
Cost: $5.00
Code: IB45
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Related
Topic: Community and Family Wealth-Building
Program: Asset Development Initiative (ADI)
Policy: Access to Financial Services

Summary

This Issue Brief raises awareness of the financial service needs of the broader Latino community.

Description

This Issue Brief raises awareness of the financial service needs of the broader Latino community. The brief presents data that show lower participation by Latinos in critical asset-building areas like home-ownership and brokerage services. The brief highlights the barriers to financial services that many Hispanics face, including lower household income and discrimination on the part of the financial services industry.

 

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