Survey Finds Key Benefits to Citizenship

FOR IMMEDIATE RELEASE
May 29, 2013

Contact:
Julian Teixeira
(202) 776-1812
Email: jteixeira@nclr.org

                                                                                                          NCLR to release report that examines the financial benefits of citizenship for U.S. Latinos

As the U.S. Senate starts to debate immigration reform, NCLR (National Council of La Raza) will release a report on Tuesday, June 4, which finds that the benefits of legalization and naturalization are not just economic and social, but also financial. The report, “Latino Financial Access and Inclusion,” demonstrates that with citizenship comes greater access to financial services which boost savings and improve financial security. The report also finds that unemployed Latinos are more likely to be isolated from the banking mainstream and concerns about identity theft run high among Latino consumers, keeping some from trying new bank technologies.

Joining NCLR at the report’s release will be industry representatives and community-based advocates who will discuss the importance of full inclusion of Latino and immigrant consumers in financial services markets. In addition, during the press conference recommendations will be given on how financial and banking services can reach underserved Latinos.

MEDIA ADVISORY

WHAT: “Creating Pathways to Economic Success: Immigration Reform and Our Financial Markets”

WHO: Janet Murguía, President and CEO, NCLR
Elizabeth Garza, Managing Director, Citi Global Consumer Banking, Governance, Regulatory and External Affairs
Janis Bowdler, Director, Economic Policy, NCLR
Corey Carlisle, Senior Vice President, Bank Community Engagement, American Bankers Association
Raul Raymundo, CEO, The Resurrection Project
WHEN: Tuesday, June 4, 2013

TIME: 10:00 a.m.–11:30 a.m. EDT

WHERE: National Press Club
529 14th Street N.W., 13th Floor
Washington, D.C. 20045

A live stream of this event will be available on June 4, 2013 at 10:00 a.m. EDT at www.nclr.org/financialaccess.

NCLR—the largest national Hispanic civil rights and advocacy organization in the United States—works to improve opportunities for Hispanic Americans.

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