Ottumwa, IA.- The Mexican Consulate of Omaha signed a memorandum of understanding with Community 1st Credit Union to work together for the benefit of Mexican nationals that live in the state of Iowa. Among other things, according to this document the Mexican Consulate commits to keep the information updated about all security measures that are implemented in the matricula cards; and the credit union, in return, assures the acceptance of Mexican matricula cards as valid document for opening accounts, give loans and offer a lot of other financial services.
Thanks to this institutional collaboration, now all members of Community 1st Credit Union have the possibility to access to almost all financial products and services (Including mortgages), using alternative identification forms, like matricula cards and ITIN number.
The agreement was signed in March between the CEO of Community 1st Credit Union, Greg Hanshaw and it was ratified by Consul Guadalupe Sanchez Salazar in April to mark the week of financial education, organized by all 50 Mexican Consulates in the United States.
Another advantage of this agreement is that Mexican Consulate and Community 1st will offer educational workshops to educate Mexican citizens about different topics such as services offered by the Consulate, how to buy a home, savings, taking care of immigrant children, and so on. The first workshop will take place on July 23 in Ottumwa; the second will be on 15 of October in Cedar Rapids.