Our findings show that most immigrant consumers distrust traditional banks because they feel unwelcomed, and regularly face discrimination by banks. Similarly, many immigrant families shared that they want to build assets, but they do not have access to safe, affordable financial resources. Most people we interviewed said that banks should invest in ensuring the financial well-being of immigrant small business owners by increasing their access to credit, loans, and safe banking options. Immigrants in less densely populated areas told us that accessing financial resources such as local bank branches, public benefits, and legal resources can be challenging for those who do not have cars or easy access to transportation.
