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We just knock on doors
C&B talks to Pedro Arce, CEO of Veritas Bank. Veritas, a new bank, will work with community groups on development projects and serve the 70 percent Latino population of Lawrence, Massachusetts, in ways that might not be practical for large regional or national banks.
Small businesses in Springfield, Massachusetts: a look at Latino entrepreneurship
The Federal Reserve Bank of Boston has been collaborating with community leaders in Springfield, Massachusetts, on exploring revitalization strategies. Latino entrepreneurship is playing an important and increasing role in Springfield's economic development?providing new jobs and services and maintaining storefronts that might otherwise be vacant. An analyst in the Fed's community development unit, Ana Patricia Muoz, has recently completed a discussion paper on this topic, "Small Business in Springfield, Massachusetts: A Look at Latino Entrepreneurship." Among the implications: if ...