Study examines Hispanics' financial literacy:
"Even though less Hispanics have ever had a checking account, more express interest in bolstering their financial literacy, according to an academic study released today.
The study, 'Assessing Financial Literacy among Hispanics in the California Central Valley,' included samples of more than 1,300 people from Merced to Kings counties. It was conducted by faculty at California State University, Fresno. Among the findings:
• Almost 80 percent of Hispanic respondents reported ever having had a bank account, compared to 99.1 percent of non-Hispanic respondents."
"Even though less Hispanics have ever had a checking account, more express interest in bolstering their financial literacy, according to an academic study released today.
The study, 'Assessing Financial Literacy among Hispanics in the California Central Valley,' included samples of more than 1,300 people from Merced to Kings counties. It was conducted by faculty at California State University, Fresno. Among the findings:
• Almost 80 percent of Hispanic respondents reported ever having had a bank account, compared to 99.1 percent of non-Hispanic respondents."