Tuesday, February 7, 2023

Play

Bill to expand tax credits draws on children's health data, Alaskans file petition opposing giant grocery merger, and a revised Colorado water plan prioritizes conservation.

Play

President Biden is set to give the State of the Union address, House Speaker Kevin McCarthy calls the national debt limit the United States' greatest threat, and Kamala Harris announces new pledges to offer more economic stability in Central America.

Play

Is bird flu, inflation or price gouging to blame for astronomical egg prices? Pregnancy can be life-changing or life-ending depending on where you live, and nine tribal schools are transforming their outdoor spaces into community gathering areas.

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
As many as 11% of eligible voters do not have the kind of identification that is required by states with strict ID requirements, according to the Brennan Center for Justice. (Adobe Stock)

Social Issues

Secretary of State Shenna Bellows said a bill to require Maine voters to present photo identification in order to cast ballots is unnecessary and coul…


Social Issues

A bill to increase tax credits in the Commonwealth is backed up by research showing the credits lead to better nutrition for working families and bett…

Environment

Part of the deal Wyoming struck for sending its water down the Colorado River was that state residents would be able to tap electricity generated at G…


Advocates and activists from both the liberal and conservative sides are trying to encourage voter turnout for the upcoming state Supreme Court race, given the impact the outcome will have on the court's ideological balance. (Adobe Stock)

Social Issues

Wisconsin's primary election is two weeks away, and a high-profile state Supreme Court race is on the ballot. Several advocacy groups are behind a …

Environment

A coalition of conservation groups is giving Colorado's revised state water plan a thumbs-up for its increased focus on protecting Colorado's rivers…

Last year, the Federal Trade Commission reported a 70% increase in reported fraud losses from consumers. (Adobe Stock)

Social Issues

Victims of investment-related fraud in North Dakota could soon recoup some of their losses through a proposed restitution fund. A bill to establish …

Social Issues

West Virginia is among a handful of states with the highest increases in educational attainment between 2019 and 2021, according to a new report from …

Social Issues

The state's "divisive concepts" law is preventing educators from holding rational discussions about race relations in America, New Hampshire civil …

 

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