Santa Cruz Community Credit Union sets aggressive goals to help Hispanic entrepreneurs

The credit union set out to achieve some aggressive goals with its $1,500 grant and has made significant progress on each of them. Several of the cooperative’s goals revolve around helping Hispanic entrepreneurs and small-business owners. They include:

• Providing specialized training for Hispanic entrepreneurs
• Continuing to develop strong community, non-profit alliances countywide
• Providing useful, everyday financial education and training in Spanish
• Launching Spanish-language mobile banking
• Encouraging use of eMoneyPool, a digital “tanda” solution

Current Progress

SCCCU has invested in three new Spanish-language financial workshops: 1) Access to Money with Credit, 2) Basic Steps to Managing Your Money and 3) Organizing Your Financial Records. The credit union has also purchased Spanish activity guides to help children learn the basics of saving and spending, in addition to a Spanish-language seminar for small-business owners.

 

continue reading »