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Data Shows Latino Community Young and Growing

DALLAS -- Barbara Robles, associate professor at Arizona State University and Ann Baddour, senior policy analyst at Texas Appleseed provided attendees at the conference on serving the underserved with information they had collected on the financial services needs of the Latino community.

By Lindsey Siegriest | Updated on June 24, 2008

DALLAS — Barbara Robles, associate professor at Arizona State University and Ann Baddour, senior policy analyst at Texas Appleseed provided attendees at the conference on serving the underserved with information they had collected on the financial services needs of the Latino community.

Robles collected data in Texas, New Mexico, Arizona and California through surveys. She reported that even though 70% of those surveyed had a relationship with a mainstream financial institution, they were still using money orders to pay bills.

Robles also said that there is a large uninsured population among those that were surveyed and they listed insurance as one of the top financial services they were interested in. Homeownership and school aid were also listed and highest on the list was retirement.

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