Remove FDIC Remove Houston Remove Lending Remove Training
article thumbnail

Why Migrant Workers Need Financial Service Offerings All Their Own

PYMNTS

Further complicating matters is the fact that 80 percent of migrants are paid in cash or with paper checks, and are hesitant to hand over their money to banks without an established trust relationship – particularly if they are trained early on that “hidden fees” will start eating up their funds. For $5 per month, Majority members in the U.S.

Community 126
article thumbnail

Why Migrant Workers Need Their Own Financial Services

PYMNTS

Further complicating matters is the fact that 80 percent of migrants are paid in cash or with paper checks, and are hesitant to hand over their money to banks without an established trust relationship – particularly if they are trained early on that “hidden fees” will start eating up their funds. For $5 per month, Majority members in the U.S.

Community 116
article thumbnail

Bankers: Is your strategy the same as your competitor?

Jeff For Banks

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. The amount of deposits available to us while maintaining full FDIC insurance protection for our trust customers has consistently exceeded $30 million for the last three years. Prosperity Bancshares, Inc.

Strategy 101