ABC understands that high levels of educational capital - the number of highly knowledgeable, skilled people in a state's workforce - provide California with a strong foundation for economic development. Because educational capital has a direct impact on our economy and quality of life, it is critical to increase the number of students successfully pursuing college, trade school or meaningful post-graduation employment. In order to comprehensively address the challenges of providing our students with rigorous classes, career education and a quality learning environment, ABC promotes partneships between educational institutions and community, nonprofit and business leadership. Read more . . .
Latino Scorecard Recommendations:
Promote financial literacy education for consumers - including immigrants, and cultural competence training for staff/members of financial institutions.
ABC participates in the FDICs New Alliance Task Force (NATF) to address the financial services needs of Latino immigrants, both established and recently arrived, to promote economic empowerment and a higher quality of life. ABC Through participation in
As a member of the NATF's Financial Education working group, ABC supports the group's decision to focus its efforts on providing the Latino community with a Resource Directory and developing research-based outreach strategies to ensure Latinos are prepared to successfully engage in mainstream banking. Such resources and data-driven insight will improve the ability of financial institutions and community organizations to offer financial education classes, outreach to the Latino immigrant market and educate them on the benefits and importance of mainstream banking.
address the needs of the emerging Latino market via financial education, marketing, and policy/regulations.
Encouraging Banks to follow best practice examples in reaching out to the Latino market.
Form Public and private partnerships for Latino entrepreneurial, financial, and business education, with a focus on the use of financial tools employed by the general market.
Enhance business infrastructure in Latino communities to attract and accelerate business development and to provide more and better employment opportunities.