Join us! New webinar open to all credit unions:
ITIN Lending: An overview of the ITIN Lending Guide
Inclusiv, in collaboration with Coopera, Filene, and Neighborhood Trust FCU, invites you to join its ITIN Lending: An Overview of the ITIN Lending Guidewebinar on Tuesday April 9th, 2019 at 1:00pm. The webinar is organized as a Juntos Avanzamos learning opportunity.
Hispanics have become an important part of the U.S. society, culture, and economy. They are the largest minority group in the United States and constitute 18% of the country’s total population. According to a recent study from the University of Georgia, the spending power of the Latino population rose from $210 million in 1990 to $1.7 trillion in 2018. The average age of a Hispanic-American is 27, compared with 43 for the U.S. general population. On the other hand, 14% of Hispanic households are reported to be unbanked.
The Hispanic market is key for our future growth and relevance. Building our capacity to meet the needs of this demographic is a worthwhile investment. This is where mission and margin come together.
ITIN Lending: An Overview of the ITIN Lending Guide
April 9, 2019 | 1:00pm - 2:00pm ET
ITIN Lending is one of the many ways credit unions can grow and integrate a significant portion of Hispanics and immigrants to the U.S. financial system. With the purpose of providing guidance to financial institutions interested in adopting ITIN Lending programs, and to scale the growth of ITIN Lending to as many communities as possible, the Filene Research Institute (Filene), Inclusiv, Coopera, and PolicyWorks, recently published the ITIN Lending Guide. The guide consolidates best practices, tools, and resources from credit unions and other stakeholders that have refined ITIN lending over many years and are committed to serving the underserved.
Join us to:
- Explore the ITIN Lending Guide
- Learn about the characteristics of an ITIN Lending Program
- Learn about ITIN Lending best practices from an established Juntos Avanzamos CU
For more information, please contact René Vargas Martínez, Program Officer at Inclusiv.
This webinar will be recorded for future access.