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Filene Plans National Launch of Immigrant Lending Program

ITIN Program tests at the top among loans to benefit minorities.

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Sara’s Tamales, a small business helped by new lending program. (Screen grab from Filene video)

Filene Research Institute announced Wednesday it plans to roll out a program to show credit unions across the country how to provide loans to immigrants.

The Madison, Wis., credit union think tank also on Wednesday released a report, “Reaching Minority Households,” that outlines the success of its loan program for non-citizens based on their individual taxpayer identification numbers instead of a Social Security number or other traditional forms of identification.

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Jim DuPlessis

Jim DuPlessis

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