Sunday, November 22, 2015

Financial Access and Services Are Essential for Immigrant Integration

Latinos have represented the fastest-growing segment of the U.S. population in recent decades. Significant growth is expected to continue -- the Census Bureau estimates the Hispanic population will increase by 86 percent between 2015 and 2050, amounting to 119 million or one in four Americans, by 2060.

Given this tremendous population growth, the health of the U.S. economy is deeply tied to the status of Latino financial health. Access to safe, affordable, and cross-cultural financial products and services is essential for Latino individuals, families, and entrepreneurs to fully participate in the banking system.

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