Immigrant Banking

By: KAKE News
By: KAKE News

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Most banks require new customers to show a social security card before they start a bank account. For an illegal immigrant trying to become a U.S. citizen, the process of getting a social number can take years.

The Bank of America is now letting illegal immigrants open bank accounts, even if they don’t have a social security number. All it takes is a Mexican Consulate ID card.

Hispanic activists have been working for months to start this program in Kansas. It's a pilot project that has been tried in three other states, with good results.

Billions of dollars leave the U.S. every year, going to Mexico because illegal immigrants can't get a bank account. For those who previously couldn’t get an account, this major change will finally give them a chance to use a bank.

The Bank of America says up to 55,000 families in Kansas could take advantage of this new program.


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