http://www.californiaconservative.org/capitalism/banking-on-illegal-immigrants/ Speaking Out For The Silent Majority (TM) Mon, 13 Feb 2012 19:47:17 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.californiaconservative.org/capitalism/banking-on-illegal-immigrants/comment-page-1/#comment-368127 California Conservative » Unbanked Hispanics: Special Opportunities for Financial Marketers Tue, 29 May 2007 01:33:38 +0000 http://www.californiaconservative.org/capitalism/banking-on-illegal-immigrants/#comment-368127 [...] And we know the banks don’t care about immigration status. No green card? No problemo. Only “green back,” even if it’s wet. Thirty-five percent of the Unbanked population is Hispanic. Hispanic consumers are nearly three times as likely as the average adult to be Unbanked. There are several possible explanations as to why Hispanic consumers are more likely to be Unbanked*. They tend to be younger than the average adult. The median age of the general market is 45, while the median age of the Hispanic market is 35. More than half of U.S. Hispanics (52%) are foreign-born. Unbanked Hispanics are even younger and newer to the U.S. than the average Hispanic consumer. This suggests that Hispanics’ Unbanked status may be driven by temporary circumstances – youth and recent U.S. arrival. As Hispanics grow older, accumulate more wealth, and become more acculturated, the opportunity to begin using banks for a wide variety of services will also increase. [...] [...] And we know the banks don’t care about immigration status. No green card? No problemo. Only “green back,” even if it’s wet. Thirty-five percent of the Unbanked population is Hispanic. Hispanic consumers are nearly three times as likely as the average adult to be Unbanked. There are several possible explanations as to why Hispanic consumers are more likely to be Unbanked*. They tend to be younger than the average adult. The median age of the general market is 45, while the median age of the Hispanic market is 35. More than half of U.S. Hispanics (52%) are foreign-born. Unbanked Hispanics are even younger and newer to the U.S. than the average Hispanic consumer. This suggests that Hispanics’ Unbanked status may be driven by temporary circumstances – youth and recent U.S. arrival. As Hispanics grow older, accumulate more wealth, and become more acculturated, the opportunity to begin using banks for a wide variety of services will also increase. [...]

]]> http://www.californiaconservative.org/capitalism/banking-on-illegal-immigrants/comment-page-1/#comment-310978 RRRoark Fri, 16 Feb 2007 18:50:17 +0000 http://www.californiaconservative.org/capitalism/banking-on-illegal-immigrants/#comment-310978 Offering a statement in another language is customer service, however there should be a default position and that, I feel, should be English. However, offering credit on the basis of a tax ID other than a EIN for companies or a SSAN for companies is probably a bad enough business decision that it will probably be its own punishment. And I don't think that "Press 1 for English" is the correct way to do it either. Again there should be a default, then press whatever to get a list of other languages. Offering a statement in another language is customer service, however there should be a default position and that, I feel, should be English. However, offering credit on the basis of a tax ID other than a EIN for companies or a SSAN for companies is probably a bad enough business decision that it will probably be its own punishment.
And I don’t think that “Press 1 for English” is the correct way to do it either. Again there should be a default, then press whatever to get a list of other languages.

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