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Bexar County residents start free tax preparation Wednesday via VITA program

San Antonio, TX (January 17, 2024) – The Volunteer Income Tax Assistance (VITA) program, dedicated to providing complimentary tax preparation services to Bexar

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River City Federal Credit Union receives more than $20 million in grants to drive positive change in the San Antonio

River City Federal Credit Union (RCFCU) proudly announces the receipt of grants totaling more than $20 million. These substantial funds are being utilized

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Where Can I Open a Bank Account If I'm Not a US Citizen?

Some national banks and minority-owned institutions accept alternatives forms of ID if you're not a US citizen. You can use foreign IDs or passports.

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To make financial system more equitable, give CDFIs more support

We can't afford to miss this opportunity to build capacity in community development financial institutions.

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Inflation hitting San Antonio's Latino consumers, businesses especially hard

According to a June study published by Liberty Street Economics, some demographics, including Latinos, are suffering worse under the current bout with inflation than other Americans.

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55 Hispanic American-Owned Banks and Credit Unions, Sorted by State

55 Hispanic American-Owned Banks and Credit Unions, Sorted by State
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Free tax help program goes curbside

Free tax help program goes curbside
VITA program available to households that earn $55,000 or less
Tags:
“I’m serious about my money,” he said.
But instead of sitting in a room filled with people as is the norm, Dukes was able to drop off this documents.
This year, the Volunteer Income Tax Assistance (VITA) program has gone curbside.
“This year, we will be preparing tax returns by drop-off or email,” said Christine Serda with the City of San Antonio Department of Human Services, which helps sponsor and manage the program.
Those earning $55,000 or less are eligible for the free assistance.

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Bank On Certified Accounts Help Hundreds of Thousands of Residents Receive Stimulus and Other Emergency Payments Safely and with Social Distance

Bank On Certified Accounts Help Hundreds of Thousands of Residents Receive Stimulus and Other Emergency Payments Safely and with Social Distance
Sixty Banks and Credit Unions Across Every State in the Country Offer Products Certified as Safe, Appropriate by National Nonprofit Cities for Financial Empowerment Fund
Bank On's 2021-2022 Standards Require Low Costs, No Overdraft Fees, Spending and Bill Payment Features, and Newly Adds Digital Financial Institutions to those With Branches
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NEW YORK, Jan. 27, 2021 /PRNewswire/ --
National nonprofit organization the Cities for Financial Empowerment Fund (CFE Fund) announced today that 60 financial institutions with over 28,000 branches across the entire country now offer accounts certified as meeting newly updated Bank On National Account Standards (2021-2022). These bank and credit union accounts support local Bank On coalition efforts to expand access to safe and appropriate financial products and services to the almost 36 million people outside of the mainstream financial system. These low cost, no-overdraft, no-surprise-fee bank and credit union accounts have been highlighted by the Federal Deposit Insurance Corporation and other federal agencies in connecting people to claiming or depositing their Economic Impact (stimulus) and other emergency payments, and were recently embraced by the American Bankers Association, which publicly urged all its members to offer a Bank On certified product to their customers. Consumer financial products certified as meeting these national Standards are already available in 99 of the largest 100 metro markets, and in 50 states and Washington, DC, at banks and credit unions that range in size from 2 branches to 5,500 branches; financial institutions with Bank On certified accounts already comprise over 45% of the national deposit market share. Additionally, the CFE Fund announced the certification of an account from its first digital bank partner, Discover Bank. The CFE Fund is also working with nearly all of the country's core banking service providers, who have also pledged to connect their customer financial institution clients to be able to offer Bank On accounts, and dozens of additional bank and credit union accounts are in the pipeline heading toward certification.

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San Antonio financial institutions making PPP loans once again

San Antonio financial institutions making PPP loans once again
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The Small Business Administration reintroduced the Paycheck Protection Program Monday to offer low-interest, forgivable loans to businesses pummeled by the pandemic. A handful of smaller San Antonio institutions have been accepting loan applications. Bigger local banks will begin accepting applications Tuesday.Elise Amendola /Associated Press
With the Paycheck Protection Program rolled out again this week to extend aid to struggling small businesses, River City Federal Credit Union CEO and President Jeff Ivey put on another hat.
“Right now, I’m an SBA loan officer,” Ivey quipped, adding that San Antonio-based River City has been “swamped” with Paycheck Protection Program applications from borrowers. He had to step in to assist with the demand.

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