Financial Services Segregation: Improving Access to Financial Services for Recent Latino Immigrants

Abstract

This paper outlines elements of demand for financial services among recent Latino immigrants, summarizes key factors contributing to their financial segregation, and describes products, services and administrative practices that have been used successfully by depository institutions. Throughout the research and paper particular attention has been paid to the New England region.Remittances, Latin American immigrants, Banking, Best Practices, Anti-Money Laundering, Terrorist Financing, USA Inmigrantes Latinoamericanos, banca, Mejores Practicas, anti lavado de dinero, financiamiento de terroristas, USA