Union Bank offers banking to poor communities by way of check cashing and loans which are payday.
Its efforts will not win universal admiration.
Driving through Bayview HunterвЂ™s aim, an unhealthy, mostly African-American neighborhood near bay areaвЂ™s 3Com Park, Union Bank of California Vice Chairman
views among the many bankвЂ™s branches and sighs: вЂњI am in a position to state without question it really is don’t ever made money.вЂќ Why perhaps not nearby the branch? Because of the known reality government that is federal as an expense for approving Union BankвЂ™s merger with Ca First Bank, compelled it to find branches in low-income areas.Seguir leyendo