Latino-founded and Latino-led banks make up less than 1% of U.S. banks.
At the same time, Latinos contribute $4 trillion to U.S. GDP – are the fastest-growing demographic and still face the widest wealth gap.
If capital is the oxygen of the economy, then we’re short of breath.
Too few of our own institutions direct and control the flow of that capital.
It’s time to build more national Latino-founded banks — institutions that:
• Understand our culture, language and build trust
• Finance our small businesses and first homes
• Reinvest in our communities
• Turn economic power into generational wealth
📊 Imagine the impact!
If just 10% of Latinos moved their savings to such a bank, that could mean $74B in new loans flowing into Latino households and businesses.
That’s power. That’s oxygen. That’s how we breathe easier.
It’s time to build!
