Which minorities qualify for Business Diversity Lending financing?
The minority definitions Union Bank uses are those set forth by the Equal Employment Opportunity Commission: • Black: All persons having origins in any of the Black racial groups of Africa and not of Hispanic origin. • Hispanic: All persons of Mexican, Puerto Rican, Cuban, Central or South American, or other Spanish culture or origin, regardless of race. • Asian/Pacific Islander: All persons having origins in any of the original peoples of the Far East, Southeast Asia, the Indian subcontinent, or Pacific Islands. This area includes China, India, Japan, Korea, Vietnam, the Philippine Islands, and Samoa. • American Indian/Alaskan Native: All persons having origins in any of the original peoples of North America and who maintain cultural identification through tribal affiliation or community recognition.
