–(HISPANIC PR WIRE)—-
ADVISORY for Tuesday, February 22nd, 2005
— Linda Singer, Executive Director, Appleseed Foundation
— Ann Baddour, Texas Appleseed
— Jose Marrero, JAM Latino, Brochure Creator
— Oscar Rios Pohirieth, NE community member who immigrated from Mexico
— Representatives from Texas, Nebraska, & Chicago Appleseed and from White & Case law firm
A telephone news conference to highlight immigrant financial access issues, personal stories, and new Appleseed financial literature brochure series
866.253.6509, no pass code required
Tuesday, February 22
In the United States today, more than half of all Latino immigrants do not have bank accounts. Lack of such access is becoming a significant impediment for families trying to achieve the American dream. Immigrant and Latino working families can not save money to buy homes or send their children to college; they can not establish credit histories; they are subjected to predatory financial practices, including pay-day lending and inconsistent remittance transactions; and they frequently are targets and victims of serious crimes while carrying or storing cash. As a result, mainstream banks and other businesses are missing out on a significant pool of new customers.
Working to eliminate the cycle of poverty, Appleseed has created a unique series of nine financial access brochures (in English and Spanish) making important consumer information available to unbanked Latino immigrants.
On Tuesday’s call, Oscar Pohirieth will offer first-hand, personal stories about how he and his family have had to deal with the financial access hurdle – and how to improve the status quo.
Please RSVP for Tuesday’s news conference no later than COB, Monday, February 21 to Ken Goldman, VP Communications, Appleseed Foundation @ 202.347.7960. For Spanish, please RSVP to José Marrero, @ 512.477.3378. Lines are limited and are first-come, first-served.
To learn more about Appleseed and our financial access project, please visit us at http://www.appleseeds.net.
In Spanish, contact