Union Bank offers banking to poor communities by means of check cashing and pay day loans. Its efforts usually do not win universal admiration.
Driving through Bayview Hunter’s aim, an undesirable, mostly African-American community near bay area’s 3Com Park, Union Bank of California Vice Chairman
Richard Hartnack Richard Hartnack
views one of several bank’s branches and sighs: “I am able to state without doubt it is never ever made cash.” Why not close the branch? As the government that is federal as an amount for approving Union Bank’s merger with Ca First Bank, compelled it to find branches in low-income areas.Read More