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Tuesday, March 9, 2010

Latinum Hispanic Business Network

Latinum Network is a business network devoted exclusively to helping corporations penetrate the estimated $850...

Yahoo en Espanol 2009 Year in Review

Yahoo! En Espanol announced its 2009 Year in Review, which highlights the top searches and trends on Yahoo! En...

Travel Huatulco Oaxaca Mexico Ecotravel

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Prestamos en Los Estados Unidos

Tampa Florida Casas Credito Deudas Prestamos Negocios Miami Florida Casas Credito Deudas Prestamos Negocios L...

Fox Sports en Espanol Interactive Soccer Program

Tickets for 2009 Soccer Games - Boletos para Juegos de Futbol - Fox Sports en Espanol announced the launch of ...

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Lorenzo Padron - NorthTown Bank


Billions in Motions: Latino Immigrants, Remittances and Banking

A Report produced in cooperation between The Pew Hispanic Center and The Multilateral Investment Fund

Until recently, the money management practices of Latino immigrants in the United States aroused little attention outside their own communities. That changed as the remittance flow doubled in size during the second half of the 1990s. Although the size of the average remittance transfer is miniscule—$200 to $300—in the world of international finance, the cumulative sums have now captured the attention of government policymakers and bankers in the United States and Latin America. Remittances to Latin America and the Caribbean totaled $23 billion in 2001, according to estimates by the Multilateral Investment Fund.



New Latino-owned Santa Ana bank in one of just a few nationwide

By Jennifer Delson, Los Angeles Times

A group of Santa Ana leaders, including a City Council member, a planning commissioner and a community college trustee, have opened the city's first locally owned bank in 40 years, with the hope of finding customers in the area's huge Latino business community.

The Santa Ana Business Bank, which opened in October, hopes to provide loans to small businesses that often are turned down by larger banks. "There are more Latino entrepreneurs and many, many banks do not understand what these businesses face culturally or financially," said Alfredo Amezcua, the bank's chairman.

The bank is one of the few Latino-owned banks in the country, and it's an industry in which Latino executives are rare. Santa Ana Business Bank, with 400 investors whose outlay totals $12.3 million, is 80% Latino owned.

The Santa Ana bank is the third aimed at the Latino community to open in Southern California in the last year. It opened downtown at Main and 16th streets in a city where 75% of the population is of Latino descent, 53% is foreign-born, and city leaders struggle to overcome negative stereotypes of the city to attract investment.



Hispanic Part of U.S. Population Is Growing Fastest

By Bill Arthur for Bloomberg

The number of Hispanics in the U.S. is growing three times faster than the population as whole, the U.S. Census Bureau said.

Hispanics accounted for half the U.S. population growth from July 2003 to July 2004 and numbered 41.3 million, about 14 percent of the population, as of July 1, 2004, the bureau said in a news release in Washington today.

Hispanic Part of U.S. Population Is Growing Fastest


The number of Hispanics in the U.S. is growing three times faster than the population as whole, the U.S. Census Bureau said.



Executives for First Profile of Key Financial Services Segment During 2006 Prepaid Card Expo February 15th

Prepaid Media

Tim Ramsey, a senior manager with BearingPoint, Inc. (NYSE:BE - News), a leading global management and technology consulting firm, will present findings from a recently completed "Study on the United States Underserved Banking Market" February 15th, at the Prepaid Card Expo in Orlando. Ramsey will help profile the burgeoning $1.1 trillion market of people who either do not use banks or do not have the credit to hold accounts, and talk about how financial services companies can better meet their needs.


StartABank Workshops

Linking International Remittance Flows to Financial Services: Tapping the Latino Immigrant Market

The U.S. Hispanic Economy In Transition

Startabank Sees Surge in Hispanic Bank Activity

Bankmark Sees National Push in Hispanic Banking

The Hispanic New York Designated Market Area

Bank On Hispanics

Reaching The Immigrant Market: Creating Banking And Homeownership Opportunities For New Americans

Building Wealth A Beginner's Guide to Securing Your Financial Future

Hispanic-Owned Businesses

Small Banking in a Big Bank World

Bank for Hispanics in Denver area possibly a year away from opening

FDIC Outlook: Winter 2004

Subcommittee on Oversight and Investigations

Banking Entrepreneur Takes Hispanic Bank Idea to Public

Market Trends

The Hispanic Market: Changing Patterns of Untapped Growth

Federal Reserve

Banking Latino Immigrants

Research

Concentrating on the Growing Hispanic Demographic