Saturday, November 26, 2022

Play

An investigative probe into how rules written for distressed rust belt property may benefit a select few; Small Business Saturday highlights local Economies; FL nonprofit helps offset the high cost of insulin.

Play

A Supreme Court case could have broad implications for the future of U.S. elections, results show voters rejected election deniers in many statewide races, and the concession phone call may be a thing of the past.

Play

A water war in Southwest Utah has ranchers and Native tribes concerned, federal solar subsidies could help communities transition to renewable energy, and Starbucks workers attempt to unionize.

Hispanic Heritage Month: WA Credit Union Finds Ways to Serve Community

Play

Friday, September 23, 2022   

Hispanic Heritage Month began in mid-September and runs through Oct. 15, and a financial institution in Washington state is finding unique ways to serve Hispanic members of its community.

Newrizons Credit Union in the western Washington town of Hoquiam offers a variety of financial services to people, regardless of whether they are even members of the credit union. Its chief executive, Ynette Gibbs, said one of the services it provides is helping people with low incomes file their tax returns.

"That helps the Hispanic community, because they get to know a financial institution that's asking for nothing from them," she said, "and they're providing a service that allows them to legally file their taxes, whether they themselves are legal in the country or not."

Gibbs said folks who don't have legal status need to provide an individual tax identification number, or ITIN, to have their income taxes done. She noted that they also can open bank accounts with that number. Gibbs said some of the biggest obstacles to serving Hispanic community members are language and a lack of overall trust in financial institutions.

Another way Newrizons builds trust with this community is through internships for local high school students. Also, Gibbs will be speaking on a National Credit Union Administration panel next month about the credit union's 'Pathway to Citizenship' program.

"That's a program where we marry together the concept of a savings account and a line of credit," she said, "particularly focused on paying the costs of gaining citizenship, which can be a 10-year process."

In a 2017 report, the Federal Deposit Insurance Corp. found about 30% of low-income Hispanic households didn't have bank accounts. Gibbs said some rely on payday lenders because of their lack of trust in traditional financial institutions. She said credit unions such as hers are willing to take a chance on folks who may not have had the chance to bank elsewhere.

"We're more open to getting to know that person and helping them," she said, "when others may not be willing to, or just don't see the value in that sector to serve."


get more stories like this via email
During open enrollment for 2022 coverage, Georgia saw a record number of individuals, more than 700,000, sign up for health insurance. (Rawpixel.com/Adobe Stock)

Health and Wellness

Open enrollment for health insurance through the Affordable Care Act is already underway, and ends on Jan. 15. More than 1.3 million Georgians do …


Social Issues

Holiday shoppers this week have no shortage of options with Small Business Saturday being observed on Nov. 26. Sandwiched between Black Friday and …

Health and Wellness

The American Heart Association has developed a series of videos to educate women about heart disease. The Red Chair Series is a four-episode series …


Chris Powers stands in front of the Land Bank lot that he tried to bid on in Southern Ohio. (Eye on Ohio)

Social Issues

By Lucia Walinchus for Eye on Ohio.Broadcast version by Nadia Ramlagan for Ohio News Connection Collaboration reporting for the Ohio Center for Invest…

Social Issues

While many Iowa families gather through this weekend to celebrate Thanksgiving in traditional ways with food and family, thousands of people take to …

The EPA claims that the EES Coke Battery plant has emitted thousands of tons of sulfur dioxide annually beyond its permitted limit of 2,100 tons. (Wikipedia)

Environment

Members of a Detroit-area community are intervening in an Environmental Protection Agency lawsuit against a DTE Energy subsidiary charged with dumping…

Health and Wellness

A bill headed to President Joe Biden's desk addresses a long-standing problem for domestic violence survivors, ending their ties to their abusers' …

Environment

Oregon is home to a plethora of rivers, but those waterways are not always accessible to every community. A new video series highlights how …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021