... Bank of the West, Chase Bank, Citibank, Communidad Latina Federal Credit Union, Pan American Bank, Union Bank and Wells Fargo.
Please contact unitedwayoc.org/contact/contact.asp with your thoughts. Perhaps there's some way that their 501(c)3 status could be challenged due to this program.
The City of Los Angeles recently announced a new public-private partnership called "Bank on Los Angeles" (bankonla.com) that's designed to help 10,000 low-income residents who don't have bank accounts ("the unbanked") open up accounts. It's also open to illegal aliens [1], and that means that Los Angeles City will be encouraging corruption by helping major banks profit from money that was earned...
... for which they tried to give Citibank et al a check for $30 billion at the same time as giving invoices to regular citizens.
Watching Bureaucrash types trying to recreate Roger and Me is just as annoying as watching the various efforts from their opposite numbers on the left, such as the pu..., er, "young people" who recently engaged in a sit-in at NYU.
But, that's not the most annoying part of...
... the banking industry.
Chase, Citibank and Laredo National Bank will take turns each day manning a desk in the Mexican Consulate on Navarro Street [in San Antonio]. They will answer questions for Mexican nationals about financial services and products with the hope of eventually turning them into customers at area branches.
"In other areas of the U.S. — New York, Los Angeles, Chicago — we...
... low-and moderate-income people and Citibank have quietly recruited applicants in the county for more than a year...
But the market is vast and the level of interest in the program is high, especially since the loans typically offer below-market interest rates, down-payment assistance and require no mortgage insurance.
...Only two tax-ID mortgages have been processed locally, but about 10...
KFSN ABC-30 out of Fresno tries a little real reporting on the issue of banks giving mortgages to illegal aliens. It's not an in-depth report, but it's more than other sources have done.
They report on the experiences of an illegal alien known only as "David". It includes this:
But getting a loan from the bank almost didn't happen. An employee from the bank called and said it seemed they had...