River City Federal Credit Union is opening a branch at a local nonprofit community center located on San Antonio's West Side.
With a mission of ending intergenerational poverty, Family Service has offered its clients free financial counseling services for about 10 years — coaching individual families on ways to reduce debt, build credit and save money.
“They’ve been working with us for several years now as we’ve helped to bring people out of a significant financial challenge in their lives onto not just a stable platform but on one that can help them move forward,” Garr said. Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again.About 6 million people in the U.S. are considered “unbanked or underbanked,” according to the Federal Deposit Insurance Corporation. Those are people without access to mainstream financial products such as checking or savings accounts, instead relying on alternative services like payday lending or check cashing services.
There are at least five other banks and credit unions in the area of the Neighborhood Place, said Kim Arispe, director of economic stability at Family Service. “That was one of the reasons but also because we know that there are so many unbanked individuals in that community and there are financial institutions there that don’t offer low-cost services to that community,” Sanchez said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Credit Suisse credit default swaps rise after big annual lossThe cost of insuring exposure to Credit Suisse debt rose on Thursday after the Swiss lender reported its worst annual loss since the 2008 global financial crisis after rattled clients fled in droves.
Baca lebih lajut »
Ultra-Rare Cosmic Sight: Green Comet And Mars Set to Appear Side by SideA green comet shooting past Earth for the first time since the Ice Age is about to skim right past Mars in the night sky.
Baca lebih lajut »
Motorcyclist, 2 others hospitalized after crash on West Side, SAPD saysSeveral people are recovering in an area hospital after a crash involving a motorcycle at a West Side intersection, according to San Antonio police.
Baca lebih lajut »
Man fatally stabbed inside stairwell of an Upper West Side apartment building | amNewYorkA 60-year-old Upper West Side resident plunged a knife into a man in the suspect's apartment building last night: NYPD
Baca lebih lajut »
Man fatally shot during argument outside West Side gas station, police sayThe dispute between the two men happened around 10 p.m. in front of the Northwest Food...
Baca lebih lajut »
Mayoral Forum Reaction: Austin Residents Want Investment in West Side CommunitiesAustin residents watched the WTTW News mayoral forum live Tuesday. Among their top priorities was a commitment to working with West Side communities that have experienced disinvestment.
Baca lebih lajut »