ATLANTA — Retail design, construction consulting services firmIBT Enterprises has joined forces with Roswell, Ga.-based financialservice solutions provider El Banco Financial Corporation to helpcredit unions better serve the growing Hispanic community.

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The partnership is designed to help credit unions reach out tothis often underserved market by offering products and servicesneeded in a culturally sensitive and welcoming branch environment,IBT said.

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The turnkey offering includes a retail branching solutionspecifically geared toward the Latino Community from a “streetlevel” canvassing of local Hispanic businesses and one-on-oneinterviews with members of the community to design and buildbranches branded for the Latino consumer/member experience.

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In addition, the El Banco platform, Conexi?n El Bancosm,provides a point of sale solution designed to support a mix oftraditional and nontraditional financial services, such as checkcashing services, domestic/international money transfer services,bill payment services and pre-paid phone cards and cell phoneloads.

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The Census Bureau estimates that Hispanics currently account formore than 14% of the total population–representing a 22% increasesince the 2000 census. As far as purchasing power, estimates arethat this demographic spends more than $700 billion annually.

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