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Latinos launch bank to meet growing wealth needs

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“Financial services for Latinos may mean money wires and store credit to many, but a group of wealthy Latinos says it is time to take banking for their fast-growing community to a more sophisticated level.

Together with non-Latino investors they will soon launch Promerica Bank, the first Latino bank in 35 years in California, home to America’s largest Hispanic population and a powerful magnet for immigrants from south of the border.”

SOURCE: in English / Fuente en Ingles
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Posted on: June 5th, 2006
Curation from Tomás
Filed Under: 1. Hispanic News, Business
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