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Posts Tagged ‘bank of america

Bank of America Pitching to Only One Part of America

10:13 am By Jennifer Woodard Maderazo · Controversia| Money| race · Comments Off

2 Nov 2007

boa.jpgBank of America may have been reaching out at one time to undocumented immigrants, but now a new report says that Bank of America is worst at representing in all parts of America, especially in Latino and African American neighborhoods. The report also states that BOA likes to help in creating only some American dreams, by lending mortgages to more whites than Latinos or African Americans.

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MediaS926.jpgBank of America is taking some serious heat from anti-immigration activists who say that the financial entity is extending credit card offers to undocumented immigrants. BofA, however, says that the card isn’t being marketed specifically to undocumented immigrants, but rather to “no credit history and a checking account in good standing”. The card can also be applied for by using a consular ID or a passport, instead of a Social Security number.

An organization calling itself The National Illegal Immigration Boycott Coalition has set up a web site (www.bankofamericaboycott.com) to boycott Bank of America because, according to the site:

Illegal immigration is tearing America apart and leading to the death of 12-25 Americans per day from the criminal acts of illegals. That is over 4,000 killed per year. Does Bank of America plan to reimburse the grieving families that suffer due to the illegal aliens BOA helps to stay in America?

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