DALLAS — Barbara Robles, associate professor at Arizona State University and Ann Baddour, senior policy analyst at Texas Appleseed provided attendees at the conference on serving the underserved with information they had collected on the financial services needs of the Latino community.

Robles collected data in Texas, New Mexico, Arizona and California through surveys. She reported that even though 70% of those surveyed had a relationship with a mainstream financial institution, they were still using money orders to pay bills.

Robles also said that there is a large uninsured population among those that were surveyed and they listed insurance as one of the top financial services they were interested in. Homeownership and school aid were also listed and highest on the list was retirement.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.