Hispanic Professional Network
The coronavirus pandemic has exacerbated the issues the Hispanic and Latinx communities — who have been historically neglected by the U.S. banking system — face. Access to banks and credit unions is even more vital now, as stimulus checks and unemployment benefits are widely relied on.
But the fact is 16.2% of U.S. Hispanic and Latinx households don’t have a bank account. And of the people who do, almost 30% are underbanked. READ MORE AT THE SIMPLE DOLLAR