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Latino Community Credit Union Teams With U.S. Treasury, USAID and Mexican Credit Unions to Save Latinos Billions; First-ever Partnership to Serve ''Unbanked'' Latinos, Reduce Money Transfer Fees.

Publication: PR Newswire
Publication Date: 27-SEP-02
Format: Online - approximately 480 words
Delivery: Immediate Online Access

Article Excerpt
DURHAM, N.C. -- The Latino Community Credit Union, the U.S. Treasury, the United States Agency for International Development and the World Council of Credit Unions today launched a pioneering partnership to reach "unbanked" Mexicans on both sides of the border -- potentially saving Latino families $2-3 billion annually in money transfer and financial services fees.

A press conference at the Latino Community Credit Union (LCCU) begins at 11 a.m. and will...

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