Financial literacy is almost as important as learning language, immigrants have to be taught how to manage their money in our system. This also helps them protect themselves from scams and predatory practices. - - Donna Poisl
By Beth Perdue, Bulletin editor
BROCKTON, Mass. — A community banking center, begun to help stem the tide of foreclosures in Brockton, has received national recognition for its work helping low and moderate-income residents, minorities and immigrants avoid predatory financial practices through education.
HarborOne's Multicultural Banking Center won the National Credit Union Foundation's Herb Wegner Memorial Award for Outstanding Organization. The credit union will be one of only four in the nation honored at an awards dinner in Washington D.C. in February.
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This country was built by immigrants, it will continue to attract and need immigrants. Some people think there are enough people here now -- people have been saying this since the 1700s and it still is not true. They are needed to make up for our aging population and low birthrate. Immigrants often are entrepreneurs, creating jobs. We must help them become Americans and not just people who live here and think of themselves as visitors. When immigrants succeed here, the whole country benefits.
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