Monday, October 14, 2019

Institution Offers Latino Immigrants without Bank Accounts a Safer Way to Store Money

Following a series of burglaries in North Carolina that affected numerous Latinos in the area who had the habit of storing cash in their homes, the Latino Community Credit Union opened with the intent to serve individuals without banking accounts. According to the FDIC, more than 1 in 5 Latinos and blacks living in America […]

Experts Recommend Investing More on Latino Children

According to a census poll released this week, Latino children are the fastest growing demographic in the nation, and according to experts, they are the demographic that should most be invested in. The poll conducted by Pew Hispanic Center concludes that by 2060, Latinos will make up one in every three Americans. The children of […]

Influential Latinos Brainstorm Innovative Ways to Tap Into Latino Political Power

With the presidential campaign behind, actress Eva Longoria, San Antonio businessman Henry Muñoz III, and attorney Andres W. Lopez are discussing innovative ways to build a political organization with the capability to help shape the future of Latinos in the United States. These three influential Latinos were the driving force behind the Futuro Fund which […]

Presidential Election gets Little Funding from Latinos

Even though Latinos have been an important target audience for the Presidential Election and could very well be the deciding factor, the Associated Press finds that Latinos have contributed less than 4% to the campaigns. As previously reported on La Plaza, candidates seem to still be struggling to reach out to Spanish speaking voters. Of […]

Latinos Absent in Franchising Businesses

Despite Latinos making up 16% of the United States population, they are relatively absent from the franchising industry, where only 5.2% of businesses are Latino owned. Hispanic Intelligence estimates that the spending power of Latinos was $1.2 trillion last year, and by the end of the year, that number is expected to be 15% more […]

STUDY: Latinos Rank Lowest in Saving for Retirement

According to a recent study, U.S. Latinos are the least likely group to save money in retirement savings accounts like 401(k)s and only 10% have individual retirement accounts. As discussed in a segment on National Public Radio, retirement for the 50 million Latinos in this country is not looking good. While some speculate that low […]

By the Numbers: AZ-Type Law Would Devastate Florida

Let’s call it the economic imperative; the argument against stringent immigration laws that had success in Arizona and Utah. The argument makes a case in favor of immigrants for a very sound economic reason – immigrants are vital to the economic well being of the state. In Arizona and in Utah the message was carried by state […]