Date: Wed, 21 May 1997 11:46:47 -1000 From: lambda@aloha.net (Martin Rice) Subject: AMERICAN BANKER, May 16, 1997 Aloha awakea kakou. This was just posted by kaikua`ana Don. "With Few Exceptions, Small Banks Shy Away From Gay-Lesbian Market" American Banker (05/16/97) P. 1; Sullivan, Joanna Banks, particularly community banks, trail much of the corporate world in marketing products and services to the gay and lesbian communities. The reason, according to marketing consultant Kevin Tynan, is that smaller banks fear that a link to the gay and lesbian world will result in negative repercussions. "We see that not just among gender issues," said Tynan. "A lot of banks don't want to or hesitate to market to Hispanics because they are afraid of offending the general population." Wainwright Bank and Trust, which began catering to gays and lesbians in 1993, offers a credit card that gives 1 percent of charges to various causes, including the AIDS Action Committee of Massachusetts. Lauding Wainwright's efforts in the gay and lesbian market, Peter Erbland, communications manager for the AIDS Action Committee, says the bank has also taken a leadership role in providing housing for people with AIDS. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ "Marriage has long been recognized as one of the vital personal rights essential to the orderly pursuit of happiness by free men." --Loving v. Virginia (1967) (via Bob Summersgill) ~~~~~ Fred and Martin 24 years, yet strangers before the law ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~