A study from the Pew Research Center indicates that black and Hispanic credit union members may have been hurt much more by the current recession than white credit union members.
According to "Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics," median wealth of white households is 20 times that of black households and 18 times that of Hispanic households.
The report analyzed data from the Survey of Income and Program Participation, an economic survey of tens of thousands of households managed by the U.S. Census Bureau.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 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.
