Unitus Community Credit Union Celebrates Hispanic Heritage Month with New Services, Products, and Support

The credit union’s new small-dollar Immigration Loan helps members of the immigrant community attain work authorization and citizenship.

10/27/2020

Portland-based Unitus Community Credit Union has introduced a new initiative to better serve and support its growing Hispanic and Latino communities.

The initiative focuses on internal and external business actions, such as hiring more bilingual staff; introducing the Remitly solution, which allows members to send out-of-country money transfers; expanding and deepening partnerships with Hispanic and Latino nonprofits and organizations; and creating products geared toward Hispanic members, such as the Immigration Loan.

Launched this October in celebration of Hispanic Heritage Month, Unitus’ Immigration Loan is a small-dollar loan that helps members of the immigrant community attain work authorization and citizenship. The Immigration Loan sets the borrower up with a Unitus prime share account, which can be used for attorney fees and legal/filing expenses. When borrowers make six monthly payments on time, they receive a credit card offer with a minimum limit of $1,000.

Unitus also gave over $7,500 to local nonprofits Latino Network, Milagro Theatre, and others in honor of Hispanic Heritage Month. Unitus’ donation will sponsor programs within Latino Network, Milagro Theatre, and others that help resolve food scarcity, housing, and school-based needs for Hispanic and Latino individuals and families, as well as bring Hispanic and Latino-focused arts and culture education to local schools.

“We’re thrilled to deepen our commitment to the Hispanic and Latino communities,” said Steve Stapp, Unitus President and CEO. “By growing our community partnerships and strengthening our support of Hispanic- and Latino-owned businesses, we can better understand and serve the community’s needs. We’re grateful to Latino Network, Milagro, and all of the amazing organizations that work toward creating an inclusive, prosperous future for Hispanic and Latino Americans. We stand behind their work and can’t wait to contribute to their success.”

The credit union continued its celebration of Hispanic Heritage Month by giving away hundreds of dollars in gift cards from Hispanic and Latino-owned businesses as part of its #PDXUnites social media giveaway series, which began back in March.

Want to share all the great work your organization is doing to help its community? #CreditUnionGood is a unified way for credit unions to share their giveback stories. Visit NWCUA’s Marketing Resource Center for a variety of customizable, ready-to-share graphics and post your stories on social media using the #CreditUnionGood hashtag.

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