Posted on: November 1st, 2007
Filed Under:
[
Business ]
[
Hispanic News ]
[
Real Estate ]
[
Blogante Business ]
[
Missouri ]
[
Kansas City ]
Tags:
Banking,
bilingual
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UMB Bank has started a five-year pilot program, in partnership with El Centro, Inc., to aid people in saving money to buy homes. The program will provide bilingual financial literacy classes as well as the opportunity for people to open Individual Development Accounts (IDA) in the Kansas City area.
“There can be a lot of fear of the banking system,” explained Vanessa Vaughn, Community Relations Manager at UMB Bank. “Oftentimes there’s not an understanding of how they work, and people may not really understand where to go.” “*
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