WGN-TV Show Notes May 2, 2002

ANCHOR: ALTHOUGH THE U.S. HAS ONE OF THE STRONGEST BANKING SYSTEMS IN THE WORLD, MANY CHICAGO RESIDENTS DON’T HAVE THE BASIC BANK ACCOUNTS THEY NEED TO BUILD A SUCCESSFUL FINANCIAL LIFE.

ANCHOR: IN LESSON FOUR OF OUR MONEY 101 WEEK, WGN’S MONEY SAVING EXPERT ILYCE GLINK TALKS TO BANKER ALBERTO AZPE ABOUT THE BASIC ACCOUNTS YOU NEED TO HAVE A SUCCESSFUL FINANCIAL LIFE.

GOOD MORNING!

ILYCE. GOOD MORNING. ALBERTO AZPE IS THE HEAD OF HISPANIC BANKING FOR HARRIS BANK, WELCOME TO THE MORNING NEWS.

ILYCE: ALBERT, CAN YOU TELL US WHY HISPANICS TRADITIONALLY DON’T TRUST BANKS?

ILYCE: SO WHERE ARE HISPANICS KEEPING THEIR CASH IF IT ISN’T IN BANK ACCOUNTS?

ILYCE: AS OF LAST WEEK OR SO, SOME BANKS, INCLUDING HARRIS BANK, ARE NOW ACCEPTING DIFFERENT FORMS OF IDENTIFICATION BESIDES A SOCIAL SECURITY CARD TO OPEN BANK ACCOUNTS. WHAT KIND OF IDENTIFICATION CAN YOU USE TO OPEN AN ACCOUNT?

ALBERTO: OPEN A BANK ACCOUNT WITH:

PASSPORT
MATRICULAR CONSULAR
MEXICAN VOTER REGISTRATION
US DOCS: DRIVER’S LICENSE, SOCIAL SECURITY CARD, MAJOR CREDIT CARD, UTILITY BILLS WITH ADDRESS.

ILYCE: WHAT ARE THE BASIC ACCOUNTS THAT ARE THE BUILDING BLOCKS TO A SUCCESSFUL FINANCIAL LIFE?

ALBERTO: BUILDING BLOCKS OF YOUR FINANCIAL LIFE

SAVINGS ACCOUNT
CHECKING ACCOUNT
MAJOR CREDIT CARDS
PERSONAL LINE OF CREDIT
MORTGAGE

ILYCE: IN FACT, TONIGHT AS PART OF MONEY SMART WEEK, YOU’RE GIVING A HOME BUYER’S SEMINAR IN SPANISH, AT THE RUDY LUSANO LIBRARY AT 6PM. WHAT WILL YOU BE TALKING ABOUT?

ILYCE: IN ADDITION TO THE FREE HOME SEEKER’S SEMINAR TONIGHT, THERE ARE A BUNCH OF FREE MONEY SMART CLASSES YOU CAN TAKE TODAY, ALL OF THE CITY. VISIT WGNTV.COM OR MY SITE, THINKGLINK.COM FOR THE WHO, WHAT, WHEN AND WHERE DETAILS.

May 2, 2002