Community

Investment Basics for Immigrants in the U.S.

Investing is one of the most powerful tools for building long-term wealth. For immigrant families in the U.S.

The Importance of Investing for Immigrant Families

Investing is one of the most powerful tools for building long-term wealth. For immigrant families in the U.S., understanding investment basics can make the difference between merely surviving and financially thriving. In this guide, we explain the fundamental concepts you need to know before you start investing.

What is investing?

Investing means putting money into assets with the goal of growing it over time. Unlike saving, which keeps money safe but with low returns, investing takes on some risk in exchange for the possibility of higher gains. The most common assets are stocks (ownership stakes in companies), bonds (loans to governments or companies), mutual funds (diversified portfolios), and real estate.

Key concepts you need to understand

Risk and return

The higher the potential risk, the higher the return can be. Individual stocks are more volatile than government bonds. Index funds offer a balance between reduced risk through diversification and historically positive long-term returns.

Diversification

Do not put all your eggs in one basket. Spreading investments across multiple assets, sectors, and geographies reduces the risk that one bad investment will ruin your entire portfolio.

Compound interest

Compound interest is the phenomenon of earning interest on previously earned interest. An investor who starts at age 25 will reach retirement with significantly more money than someone who starts at 35, even if they contribute the same monthly amount.

Investment horizon

The length of time you plan to hold your investments affects which assets to choose. For goals more than 5 years away, you can take on more risk. For short-term goals, prefer more conservative options. Never invest money you need in the short term.

Frequently asked questions about investing for immigrants in the U.S.

Can an immigrant invest in the U.S. stock market?

Yes. Most brokers in the U.S. allow non-citizens to invest, including permanent residents and people with work visas (H-1B, L-1, etc.). Some brokers also accept non-residents. To open an investment account, you generally need a tax identification number (SSN or ITIN) and a U.S. bank account.

How much money can I start investing with in the U.S.?

Most modern brokers like Fidelity, Charles Schwab, and Robinhood have no minimum amount to open an account. You can buy fractional shares starting at $1. What matters is not the starting amount but consistency—in­vesting $50-100 per month regularly produces better results than irregular large sums thanks to dollar-cost averaging (DCA).

What is an index fund and why is it recommended for beginners?

An index fund is a fund that tracks the performance of a stock market index such as the S&P 500. Instead of selecting individual stocks, you invest in a “basket” of the 500 largest companies in the U.S. They are popular for their low cost (fees of 0.03-0.20%), automatic diversification, and historical returns that have outperformed most active managers over the long term.

What happens to my investments if I move back to my country?

You can usually keep your U.S. investment account while abroad, although some brokers restrict nonresident accounts. When you sell, you will pay capital gains taxes in the U.S. (and possibly in your country of residence). Consult a tax advisor before leaving the country to plan the transition properly.

Is a 401(k) account the same as a regular investment account?

No. A 401(k) is a tax-advantaged retirement account generally offered by your employer—the contributions reduce your taxable income now, and the money grows tax-deferred until retirement. A regular investment account (brokerage account) does not have special tax advantages but also no withdrawal restrictions. Both are complementary tools for building wealth.

What are the most common mistakes beginner investors make?

The most common mistakes are: investing money you need in the short term (investments require a 3+ year horizon), selling when the market drops out of panic, not diversifying (putting everything in one company or sector), paying unnecessarily high fees, and not investing because you are “waiting for the perfect moment.” Discipline and consistency matter more than perfect market timing.

About Común

Común aims to support the Latino community in the United States. It offers a debit account that can be opened with more than 100 valid Latin American IDs and an app available in Spanish.

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Visit Común's website or download the app for free to learn more about the full offer and applicable terms.

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Mujer con peinado recogido y pendientes plateados, vestida con chaqueta blanca y rosa roja en el pecho.

Olivia Rhye

Community Partner

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International Money Transfers

What banks does Zelle have in Mexico? A Complete Guide to Sending and Receiving Money from the U.S.

8 min de lectura

Have you heard of Zelle? It is a highly popular digital payments platform in the United States. It allows users with accounts at affiliated banks—whether traditional banks, digital banks, or credit unions to easily send and receive money.

In 2024 alone, Zelle reported 151 million enrolled accounts, including individuals and small businesses, reflecting its widespread adoption among U.S. users.

If you need to send money outside the United States easily, for example Mexico, you may be wondering which banks in Mexico support Zelle.

However, this platform does not have agreements with any banks in Mexico, and it is mandatory to have a U.S. banking account to access its services.

Nevertheless, there are other options as efficient as Zelle for sending money to Mexico, such as banking accounts with integrated remittance services and international money transfer applications.

Below, we explain how to receive money through Zelle, the benefits it offers for users in the United States, and the alternatives available for sending money to other countries.

What is Zelle and Is It Possible to Use It in Mexico?

Zelle is a digital payments service that facilitates P2P (peer-to-peer) transfers at certain partner banks within the United States.

It is known for being a fast service, with money transfers reflected within minutes, in addition to being free and having broad coverage throughout the U.S.

It operates through the mobile apps of participating banks, as it is directly integrated with them and only allows money transfers to other Zelle users.

But which bank in Mexico is compatible with Zelle? Unfortunately, it is not possible to send or receive money through this platform in Mexico, as it is not designed for international money transfers and only complies with the technological and regulatory standards of the U.S. financial system.

Which Banks in Mexico Use Zelle? Everything You Need to Know

No bank in Mexico is compatible with Zelle services, meaning that international money transfers cannot be made through this platform.

To use Zelle, you must have a U.S. banking account at one of the affiliated banks.

Here is a list of some of the major banks that support Zelle in the United States:

  1. Ally Bank
  2. Bank of America
  3. BMO Harris Bank
  4. Capital One
  5. Chase (JPMorgan Chase)
  6. Citibank
  7. Citizens Bank
  8. Discover Bank
  9. Fifth Third Bank
  10. FirstBank
  11. Frost Bank
  12. Huntington Bank
  13. PNC Bank
  14. Regions Bank
  15. TD Bank
  16. Truist Bank
  17. US Bank
  18. Wells Fargo

Although Comun is not integrated with Zelle, this does not limit its functionality, as it is a comprehensive personal finance solution that goes beyond just money transfers.

How to Send Money to Mexico with Zelle? Answers and Efficient Alternatives

If you need to send money to Mexico quickly, you will have to choose a different service than Zelle, as it only allows bank transfers between U.S. accounts.

The main reasons Zelle is not available in Mexico are:

  • To register with Zelle, you must access the online banking platform of one of the affiliated U.S. banks.
  • You also need a U.S. phone number or email address.
  • Zelle is not a remittance or international payment platform, so it does not have the capacity to convert currencies or deposit funds in international banks.
  • Zelle does not comply with the regulations of financial institutions in Mexico, such as Banxico and the CNBV.

If you have used Zelle to send money within the United States, you are likely looking for a similarly reliable system to make international money transfers.

U.S. Banking Accounts with Integrated Remittance Services

In addition to traditional banks, there are alternatives that offer integrated remittance services to facilitate money transfers to Mexico.

Comun is a platform that meets the needs of many people in the United States, especially the immigrant community, by allowing remittances to be sent to loved ones easily, at very low cost, and through a single mobile application.

International Money Transfer Platforms

Another alternative for making international money transfers is to use platforms specialized in this type of transaction.

Examples include:

  • Wise: sends money between accounts using the real time exchange rate.
  • Remitly: offers international money transfers with standard or instant delivery.

The advantage of these platforms is that a bank account is not required, and their operation is accessible. However, the money transfer fees vary depending on factors such as the amount to be sent and the exchange rate.

Traditional International Bank Transfers to Mexico

You can also opt to make money transfers through traditional banks, for which you will need the SWIFT code of the receiving institution in Mexico and the recipient’s banking details.

Although it is a secure option, it is also one of the most expensive, due to high fees and intermediaries that increase the cost.

For example, a U.S. bank like Bank of America charges a $45 USD fee plus an average of 1% to 3% exchange rate margin. Therefore, in a money transfer of $1000 USD, the recipient receives approximately 900 pesos MXN less than with specialized international money transfer platforms.

Cash Deposit/Withdrawal Services at Retail Networks

If the recipient does not have access to a banking account, you can choose a service for cash deposit and withdrawal at physical locations.

Some examples include:

  • Western Union: global network for bank transfers and cash delivery
  • MoneyGram: allows money transfers to banking accounts and in cash
  • Comun: also allows quick cash transfers

Beyond Zelle: Comun Simplifies Your Financial Life in the U.S. and Your Money Transfers to Mexico

Although Zelle is a very effective service for sending and receiving money within the United States, it has limitations that prevent international money transfers, making it more suitable for citizens who need to make frequent payments within U.S. territory.

For the immigrant community in the United States, it is important to choose a solution that not only facilitates money transfers but also offers a complete, accessible, and easy-to-use finance platform.

Comun is the platform that will simplify your financial life in the United States, offering the following benefits:

  • Open an account easily using your official ID from your country.
  • Forget about traditional fees: no opening fee, no monthly maintenance fee, and no minimum balance required.
  • No hidden charges for remittances: your first international money transfer is free, and afterward you pay a fee starting at $2.99 USD per transfer, up to the applicable limits.
  • Customer support also available in Spanish.
  • Integrate your finances and remittance service in a single mobile application, making Comun the most suitable option.
  • Obtain a Visa debit card to make purchases in physical stores.
  • Access an extensive cash management network and make deposits at thousands of locations near you.

Open your Comun account and access a financial service without complications.

Frequently Asked Questions

Do I need a U.S. account to use Zelle?

Yes, Zelle is only available through the online banking platforms of affiliated U.S. banks.

Can I send money to Mexico via Zelle if I have a U.S. account?

No, no bank in Mexico is compatible with Zelle.

What are the best alternatives to Zelle for sending money to Mexico?

Comun: a fintech platform that provides access to an account and remittance capabilities.

Does Comun offer Zelle for sending money to Mexico?

Comun is not connected to Zelle, but you can send money to Mexico for a fee starting at $2.99 USD per transfer up to the applicable limits.

How do I set Zelle to Spanish?

Since it is a service available through the affiliated bank apps, you must access their settings and select Spanish as the preferred language.

How do I download Zelle?

Go to the Play Store or App Store and search for Zelle. Remember, it is only available in the United States.

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Living in the United States

Minimum wage in the United States in 2026: Complete guide by state

8 min de lectura

Minimum wage in the United States in 2026

The federal minimum wage remains $7.25 per hour, unchanged since 2009 under the Fair Labor Standards Act.

However, that number does not reflect what all workers earn. Many states, some cities and counties have set higher minimum wages, which means that your legal minimum pay depends on where you work.

Understanding the minimum hourly wage in the USA is not just about knowing the federal number. It's about knowing whether you are being paid what you are legally owed.

Why has it stayed the same for so long?

Changes to the federal minimum wage require approval from Congress. While there have been multiple proposals to increase it, none have passed into law. As a result, the federal rate has not kept up with inflation or the rising cost of living.

In practice, this means the federal minimum wage acts as a baseline, not the standard in many parts of the country.

Minimum wage by state in 2026

Workers must be paid the highest applicable minimum wage, whether it comes from federal, state, or local law.

Below is a representative minimum wage by state table for 2026. It is important to always verify your local rate, as some cities have higher minimums.

Rate State(s) Notes
$17.95Washington, D.C.Highest in U.S. Adjusted annually on July 1 via CPI formula
$17.13Washington StateHighest state, CPI-indexed; first state to exceed $17 statewide
$16.94Connecticut—
$16.90CaliforniaFast food workers at chains with 60+ locations: $20.00/hr. No tip credit permitted.
$16.00New York (rest of state) · Hawaii · Rhode IslandNew York City, Long Island & Westchester: $17.00/hr · Hawaii from $14.00 in 2025
$15.92New JerseyLower rate applies for small employers (≤5 employees)
$15.74OregonPortland metro area: $17.00/hr · Non-urban areas: $14.20/hr · CPI-indexed annually
$15.16ColoradoDenver: $19.29/hr · CPI-indexed annually
$15.15ArizonaCPI-indexed annually
$15.10Maine—
$15.00Delaware · Illinois · Maryland · Massachusetts · Missouri · NebraskaLocal rules may apply
$14.42VermontCPI-indexed annually
$14.00Alaska · FloridaAlaska increase effective July 1, 2026; Florida effective September 30, 2026
$13.73MichiganScheduled to reach $15.00 on Jan 1, 2027
$12.77VirginiaLegislation passed to reach $15.00 by 2028
$12.00Nevada · New MexicoState rate applies where higher than federal
$11.85South DakotaCPI-indexed annually
$11.41MinnesotaCPI-indexed
$11.00OhioCPI-indexed · Businesses with gross receipts under $394,000: $7.25/hr
$10.85MontanaCPI-indexed annually
$10.55ArkansasState rate applies where higher than federal
$7.25Texas · Idaho · Indiana · Iowa · Kansas · Kentucky · New Hampshire · North Carolina · North Dakota · Oklahoma · Pennsylvania · Utah · WisconsinFederal FLSA minimum generally applies to covered employers
$5.15*Georgia · Wyoming*State law is lower, but FLSA-covered employers must pay the federal $7.25
No state minimum wage lawAlabama · Louisiana · Mississippi · South Carolina · TennesseeNo state minimum wage statute; federal $7.25/hr applies under the FLSA for covered employers

Source: dol.gov/agencies/whd/minimum-wage/state

Source: https://www.dol.gov/agencies/whd/minimum-wage/state

A few things worth noting: The states in the $7.25 group include states that adopted that rate under state law, while Georgia and Wyoming technically maintain a lower state minimum wage of $5.15 per hour. However, for most employees covered by the Fair Labor Standards Act (FLSA), the federal minimum wage of $7.25 per hour generally applies instead.

Three states have mid-year increases scheduled for 2026: Alaska jumps to $14.00 on July 1, Florida rises to $15.00 on September 30, and Oregon adjusts as well.

States with the highest minimum wage

Some states and cities have set wages far above the federal level to match actual local living costs. The highest minimum wages in 2026 are found in:

  • Washington, D.C. at $17.95
  • Washington State at $17.13
  • Connecticut at $16.94
  • California at $16.90

If you are working in one of these places, your pay should reflect at least those standards and not the federal minimum.

States with the lowest minimum wage

Several states' laws set their minimum wage below what the federal minimum wage indicates; in this case the federal standard of $7.25 per hour takes precedence. Some of them are:

  • Georgia at $5.15
  • Wyoming at $5.15
  • Alabama and Louisiana — no separate state minimum wage law

If you live and work in these states and work minimum wage, your salary should reflect the federal minimum hourly wage in the USA.

Minimum wage for tipped workers

For tipped workers, it's important to understand that federal law permits a lower base wage. Under the Fair Labor Standards Act, employers can pay as little as $2.13 per hour as long as tips bring total earnings to at least the applicable minimum wage.

If tips do not cover the difference, the employer must make up the gap. However, some states, like California, do not allow this lower rate and require full minimum wage regardless of tips. It is important to check with your official local authorities the specific laws in your state for tipped workers.

Minimum wage for young workers

Workers under 20 years old can be paid a youth minimum wage of $4.25 per hour during their first 90 consecutive calendar days of employment. After that period, or once the worker turns 20, employers must pay the standard minimum wage.

What if your employer pays you less than minimum wage?

If you are being paid less than the legal minimum wage, your employer may be violating federal, state, or local labor laws.

Workers generally have the right to:

  • Be paid at least the applicable minimum wage
  • Receive overtime pay where required by law
  • Keep records of hours worked and wages received

Employees can report potential violations to the U.S. Department of Labor's Wage and Hour Division. In general, labor law protections relating to minimum wage and overtime apply regardless of immigration status.

How much do you earn on minimum wage?

Assuming full-time work at 40 hours per week, your monthly and annual income could look like this (before taxes):

Hourly Wage Monthly Income (approx.) Annual Income (approx.)
$7.25~$1,256~$15,080
$13.00~$2,253~$27,040
$16.50~$2,860~$34,320

These figures are estimates before taxes and depend on consistent full-time hours.

Is minimum wage enough to live in the U.S.?

In many parts of the country, the minimum wage does not fully cover the cost of living. Expenses such as housing, transportation, food, and healthcare vary widely by location. In states like California or New York, where the cost of living is high, even with better rates for minimum wages it may not be enough to support a family without an additional income.

It is important to consider the minimum wage and costs of living by state when choosing where to live and work.

How you get paid matters

Once you are earning, how you receive and manage your money can make a real difference. Some workers are paid by check or even in cash, which can make it harder to track income, build financial history, or send money to family.

Having a bank account or financial services platform may help:

  • Receive direct deposits
  • Track your income and expenses
  • Send money securely to family members abroad
  • Start building a financial roadmap to eventually access credit and build a credit history

For those who may not have access to traditional banking, there are a wide range of financial service providers and platforms including Común, which offer the ability to open a debit account with a passport or Matrícula Consular while you wait for your ITIN. You can manage your money through a mobile app which is also available in Spanish. Visit comun.app to learn more.

FAQ

Does the minimum wage increase in 2026?

The federal minimum wage remains $7.25, but many states continue to raise their rates annually.

What is the minimum wage in my state?

It depends on where you live. Always check your state and city laws, as local rates may be higher.

Can I be paid less if I am an immigrant?

No. Labor laws apply regardless of immigration status. You are still entitled to minimum wage and overtime protections.

Understanding your pay and what comes next

The minimum wage in the United States is not a single nationwide standard for all workers. It is a system shaped by federal law with state adjustments. Knowing the correct rate for your location is the first step. Making sure you are actually being compensated fairly is just as important.

Once you are earning, setting up a secure way to receive and manage your money can help you stay in control. With options like Común's debit account, you can receive direct deposits, track your income, and plan your finances in an app that is also available in Spanish. Visit comun.app to learn more.

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Community

Community Banking: Supporting Local Economies

8 min de lectura

Community banking focuses on meeting the financial needs of specific communities, often underserved by large traditional banks. Digital platforms like Común extend that approach to the immigrant community, with documentation requirements adapted to their reality.

Community Banks: Local Investment, Knowledge, and Education

Community banks are known for their personalized approach to banking. With a deep understanding of the local economy, these banks can offer financial products and services tailored to the specific needs of their customers. This localized knowledge allows them to provide better advice and more flexible solutions for individuals and businesses within the community.

In addition, they invest significantly in their local areas. They reinvest deposits back into the community through loans to local residents, small businesses, and organizations. This cycle of local investment promotes economic development and helps create jobs, contributing to the overall prosperity of the community. The relationships built between community banks and their customers go beyond simple transactions. These banks often participate in local events, support community projects, and contribute to charitable causes.

Their active involvement in the community strengthens trust and creates a sense of shared purpose and commitment to local well-being. In addition, community banks play a crucial role in providing financial education. By offering workshops, seminars, and one-on-one consultations, they help community members improve their financial literacy. This education empowers individuals to make informed decisions, manage their finances effectively, and plan for their future.

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Común - Banking designed for your life in the USA

Open your bank account¹ in 3 minutes with your country ID²

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Stability and Trust: Aspects of Community Banking

Stability and trust are the pillars of community banking, forming the foundation of the relationship between banks and their customers. These attributes are particularly crucial for ensuring economic resilience and fostering customer confidence, which together create a stable financial environment for both individuals and businesses.

Community banks tend to take a conservative approach to lending and investing, focusing on sustainable growth and prudent risk management. This strategy often makes them more resilient during economic downturns, allowing them to continue supporting their customers even in difficult times. The emphasis on building long-term relationships means that community banks are more likely to provide ongoing support during periods of financial instability, further fostering a stable financial environment.

Customer trust is significantly enhanced through the personalized service offered by community banks. Customers appreciate the ability to speak directly with bank representatives who understand their unique circumstances and needs, fostering a sense of reliability and security. In addition, community banks often prioritize transparency in their operations, from clear communication about fees and services to straightforward loan terms. This transparency builds customer trust and confidence in the bank’s integrity.

Active involvement in local communities also reinforces the trust customers place in community banks. By supporting local initiatives, sponsoring events, and participating in community activities, these banks demonstrate their commitment to the well-being of their customers and the broader community. This involvement not only strengthens the relationship between the bank and its customers, but also contributes to the overall prosperity of the community.

Financial security is another critical aspect of stability and trust in community banking. Deposits at community banks are typically insured by the Federal Deposit Insurance Corporation (FDIC), providing an additional layer of security for customers’ funds and assuring them that their money is protected. In addition, community banks often have robust fraud protection measures in place. Their local presence allows them to monitor and quickly address suspicious activity, further enhancing customers’ sense of security.

In short, the stability and trust that define community banking are essential to economic resilience, customer confidence, and financial security. These qualities enable community banks to effectively support their customers, even in difficult times, and maintain strong, lasting relationships within their communities.

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How Integrating Común.app Improves Stability and Trust:

Stability and trust are fundamental to the success of community banking, fostering long-term relationships and financial security for customers. By integrating Común.app into their banking experience, users can enjoy the benefits of personalized service, financial security, and community support in a modern and convenient format. Here’s how integrating Común.app improves stability and trust in the community:

  • Instant Access to Information: Común.app gives users instant access to account information, transaction history, and real-time notifications. This transparency helps customers stay informed and confident about their financial status, increasing trust in the platform.
  • FDIC Insurance and Fraud Protection: Just like traditional community banks, Común.app accounts are FDIC insured, and the app includes robust security measures to protect against unauthorized transactions. This combination of security features ensures that customers’ funds are safe, reinforcing their trust in the digital banking service.
  • User-Friendly Experience: Común.app provides a user-friendly experience with intuitive navigation and easy access to essential banking services. This accessibility builds customer trust, as users can manage their finances conveniently and efficiently.
  • Personalized Customer Support: Común.app offers top-quality customer service available seven days a week via chat, email, or phone. This commitment to customer support reflects the personalized service of traditional community banks, fostering a sense of reliability and trust.
  • Financial Inclusion and Community Focus: Común.app emphasizes financial inclusion, serving Latin American immigrants and other underserved communities. By offering services without the need for a Social Security Number and focusing on customer protection regardless of immigration status, Comun.app builds trust among its users and aligns with the community-centered values of traditional banks.
  • Educational Resources: Común.app also provides educational resources to help users improve their financial literacy. By offering guidance on how to manage finances, understand banking services, and make informed decisions, Común.app empowers its users, increasing their confidence in the platform.

Choosing Común means choosing a trusted partner dedicated to supporting the financial well-being of its customers, just like a traditional community bank.

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Banking designed for your life in the USA

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Technology and Innovation in Community Banking

Community banks are increasingly embracing digital transformation to improve the customer experience and stay competitive. By adopting online and mobile banking platforms, they provide customers with convenient access to their accounts, the ability to transfer funds, pay bills, and monitor transactions from anywhere at any time. These digital services offer a level of convenience that meets the expectations of modern tech-savvy customers.

The importance of keeping up with technological advances cannot be overstated. As customer needs evolve, community banks must continuously update their digital offerings to provide seamless and user-friendly experiences. This includes integrating features such as instant notifications, secure login options, and personalized financial tools. By doing so, they ensure they remain relevant and appealing to both existing and potential customers.

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Cybersecurity

Alongside digital transformation, community banks are prioritizing cybersecurity to protect customer data and ensure secure transactions. Advanced encryption techniques protect sensitive information from unauthorized access. Multi-factor authentication adds an additional layer of security, requiring customers to verify their identities through multiple methods before accessing their accounts.

Security audits are carried out regularly to identify and address potential vulnerabilities. These audits help ensure that cybersecurity measures are up to date and effective against emerging threats. By implementing these robust security measures, community banks not only protect their customers, but also build and maintain trust, reinforcing their reputation as secure and reliable financial institutions.

Overall, technology and innovation in community banking are essential for improving customer satisfaction, increasing operational efficiency, and maintaining security in an increasingly digital world.

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Conclusion

Community banks are indispensable to the health and vitality of local economies. Through personalized service, support for small businesses, investment in the community, relationship-building, financial education, and stability, these institutions create a strong economic foundation. By choosing a community bank, individuals and businesses can contribute to the growth and success of their local area, fostering a prosperous and interconnected community.

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Key Benefits of Community Banks:

  • Personalized Service: Tailored financial products and services.
  • Support for Small Businesses: Loans and credit for local businesses.
  • Community Investment: Reinvests deposits in the local economy.
  • Relationship Building: Active participation in community events and causes.
  • Financial Education: Workshops and consultations to improve financial literacy.
  • Stability and Trust: Resilience during economic downturns.

By supporting community banks, you are supporting the growth and prosperity of your local economy.

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What is community banking?

It's a financial services model focused on serving specific communities — geographic, cultural, or need-based — that often have less access to traditional banking.

How does community banking benefit local economies?

By making bank accounts, remittances, and savings more accessible, it helps more people participate in the formal economy instead of relying on informal services with higher fees.

How does this approach apply to the immigrant community in the U.S.?

Platforms like Común accept Latin American IDs instead of requiring an SSN, specifically addressing the documentation barriers this community faces.

Frequently asked questions

What sets community banking apart from a large traditional bank?

It focuses on the specific needs of a particular community, with adapted requirements and products, instead of a generic model.

Does community banking only exist for geographic communities?

No, it can also focus on cultural or need-based communities, like the immigrant community.

How does this help the local economy?

More people with formal banking access means less reliance on costly informal services, like check-cashing stores.

Is Común an example of community banking?

Común is a digital financial platform designed for the immigrant community, with documentation requirements adapted to that community.

What documentation requirements does Común adapt?

It accepts over 100 Latin American IDs instead of requiring a Social Security Number.

Does community banking have the same costs as traditional banking?

It varies by provider; many digital community banking platforms, including Común, don't charge a monthly fee or require a minimum balance.

Financial Education

How to Call Colombia from the United States in 2025

8 min de lectura

How to call Colombia from the U.S. in 2025 easily and affordably

The Colombian community has a strong presence in the U.S., with many immigrants arriving each year to visit, live, study, and work.

Staying in touch with family across borders matters. That’s why it’s useful to know the different ways to make international calls from the U.S. While it can seem tricky, it’s easy if you have the right codes.

If you want to call loved ones back home in Colombia, below you’ll find step-by-step dialing instructions from the U.S., examples, and a full area-code table.

Basic steps to call Colombia from the USA

Before calling anyone in Colombia, know the sequence: international prefix + country code + local number.

1. Enter the U.S. exit code – 011

This is the international prefix from a landline. If you’re using a mobile phone, use the “+” sign instead.

2. Dial Colombia’s country code – 57

This identifies Colombia in the international telephone system.

3. Dial the local number in Colombia

For landlines include the city area code. For mobile phones, dial the full 10-digit mobile number.

Examples:

  • Call Bogotá (landline): 011 + 57 + 1 ####### 
  • Call Medellín (landline): 011 + 57 + 4 #######

If you’re still planning a move to the U.S., don’t miss our guides on cost of living and the minimum wage.

Area codes and dialing examples for Colombian cities

There’s a difference between calling a landline and a mobile in Colombia from the U.S.: landlines need the regional area code; mobiles are dialed using the “+” format on cell phones.

Below you’ll find the area codes for Colombia’s main cities to ensure you dial correctly when contacting your family.

City

Area code

U.S. dialing example

Bogotá

1

011 57 1 #######

Medellín

4

011 57 4 #######

Cali

2

011 57 2 #######

Barranquilla

5

011 57 5 #######

Cartagena

5

011 57 5 #######

Bucaramanga

7

011 57 7 #######

Pereira

6

011 57 6 #######

Cúcuta

7

011 57 7 #######

Santa Marta

5

011 57 5 #######

Manizales

6

011 57 6 #######

Digital alternatives and budget-friendly plans to call Colombia

The phone is a favorite way to bridge distances and stay in touch with loved ones across borders.

Years ago, international rates were expensive, making frequent calls home difficult.

Today, digital options have lowered costs and made cross-border communication much easier.

Below we show some affordable options to help you stay in touch with the people who matter most.

  • Internet-voice apps (VoIP):

Mobile apps are hugely popular worldwide. They enable texting, voice notes, and voice/video calls over Wi-Fi or data—significantly cutting costs. 

WhatsApp is the most popular, and other solid options include FaceTime, Google Voice, and Skype.

  • International calling plans from your U.S. carrier:

If you prefer traditional calling, look for an international plan from your U.S. provider with minutes to Colombia—great for frequent calls.

You can pick plans with minutes to landlines and mobiles or Colombia-specific bundles.

Examples of U.S. carriers include AT&T Prepaid, T-Mobile, Verizon, and Ultra Mobile. Options range from unlimited international add-ons and prepaid plans with international calling to limited-minutes bundles and mixed data/calling packages.

  • Prepaid calling cards as a flexible option:

If you’re in the U.S. for only days or weeks, a mobile plan may be overkill. A prepaid calling card can be ideal—no PINs in many cases and you only pay for the minutes you use.

Stay connected with family in Colombia with Común

As you’ve seen, calling Colombia from the U.S. is straightforward—just use the correct codes. You can also choose affordable alternatives like mobile apps or prepaid cards.

Staying in touch shows care and support. It also helps to have accessible services to send money and support their well-being.

Meet Común your direct link to the ones you love!

  • International money transfers: the simplest way to send remittances to family with fair, transparent pricing.
  • Común’s mobile app in Spanish and English: open an account with 100+ eligible official IDs and get support in your language.

Ready to revolutionize how you connect with your finances?

Open your Común account today and complement your calls with a fintech platform that supports your financial life in the U.S.

Frequently Asked Questions (FAQ)

Still have questions? Check our FAQ section below.

What if I don’t dial 011 or “+”?

If you don’t dial 011 from a landline or “+” on mobile, your call won’t be recognized as international and will fail as a local call.

What’s the cheapest way to call Colombia from the USA?

There are several affordable options—apps like WhatsApp, Skype, or Google Voice; prepaid calling cards; or an unlimited international plan. The best choice depends on your habits and how often you call.

How much does it cost to call Colombia from the USA?

Costs vary by method. For example, AT&T offers unlimited add-ons around $15/month and Verizon offers 300 minutes for about $10/month.

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Checking account

What Is Online Banking?

8 min de lectura

Online banking refers to a financial institution with a digital presence on the web, accessible from different devices. Online banking has features that set it apart from other platforms — its main characteristic is that money and account management happen entirely online. Here are the main things that set it apart from traditional banking and other platforms — keep reading!

Features of Online Banking

Now that you know what online banking is, here are the different features it offers:

Convenience: You don't need to complete part of a transaction online and finish it in person at the bank. Online banking can offer 100% online transactions, depending on the institution.

Functionality: Banking today has improved the user experience to the point that most apps are user-friendly, offering a wide range of financial products and tools so users don't have to complete some confirmations in person at the branch.

Security: This is one of the aspects online banking has focused on most, and one of the factors that limited financial products for customers in the past. Today, there's a wide range of tools that make online transactions secure, including:

Banking software: Banks have internal software that protects users — in payment methods, IP location recognition, and payment processing and authentication.

Two-factor authentication: With mobile apps, security is properly guaranteed through online banking.

Security protocols: These are the steps required to access certain financial tools. Some protocols require two-factor verification, others use randomized codes depending on the bank's criteria.

Advantages of Online Banking

Over the years, online banking has optimized its digital processes, resulting in a number of benefits for users, including:

Time savings: You don't need to go to a bank branch to complete a transaction and wait to be helped after a long wait at the branch.

Better communication: Complaints are handled promptly on many platforms. Generally, the solution is found in one of the menus within the app. This is mainly due to the standardization of solutions for the most common issues regular users face, available as options within the platform.

Streamlined processes: The ease of acquiring financial products, choosing promotional cards, making both domestic and international transactions, and checking real-time spending make online banking an ideal option.

Ease of use: The options the platform offers make navigation within the app (for smartphones) or platform extremely user-friendly.

For these reasons, it's worth understanding the different operations related to online banking, including:

Opening a bank account online.

Making transfers online.

Getting benefits through online banking.

Setting up bill pay through your bank.

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Immigration

How to Create a Resume in the United States: Step-by-Step + Template

8 min de lectura

Practical Guide + Template to Create Your Resume in the United States

Getting a stable and well-paid job is the main goal of thousands of immigrants who come to the United States in search of a better quality of life.

For this reason, it’s essential to have an optimized resume (“CV”) that summarizes personal information, work experience, academic background, and all relevant details for recruiters and hiring managers.

You’ve probably faced the challenge of writing and refining a CV to apply for a job in your home country.

However, knowing the standards in Latin America is not enough, as U.S. resumes have key differences, such as length and focus on measurable results.

Mastering a new resume format can be challenging, and the process can be frustrating if you don’t hear back after sending multiple applications.

This doesn’t necessarily mean you lack the required skills — your resume might simply need some adjustments to get noticed by U.S. recruiters.

In this article, we aim to make the process easier for immigrant job seekers through a complete guide and sample resumes that will help you create your own by the end of the reading.

Differences Between a U.S. Resume and a Latin American CV

Even if you know how to write a resume in Latin America, it’s essential to understand the key differences compared to the U.S. standard.

Here are the main differences between a professional CV in Latin America and a U.S. resume.

  • Length

In Latin America, it’s common to see two-page CVs, while the American resume is usually limited to one page.

  • Focus on Quantifiable Achievements

U.S. recruiters look for quantifiable data and measurable results, while in Latin America it’s more common to include task descriptions and responsibilities.

  • No Photo, Age, or Marital Status

To prevent discrimination, U.S. resumes do not typically include a photo, age, or nationality.

  • Use of Keywords to Pass ATS Filters

The use of ATS (Applicant Tracking Systems) to detect keywords is widespread among U.S. companies.

  • Format

While Latin American CVs often use colorful or elaborate designs, U.S. recruiters prefer minimalist formats to make information easier to read.

Understanding these differences is crucial for immigrants, as it increases the chances of being considered by both recruiters and automated systems.

7 Steps to Create a Resume in the United States

Here’s a step-by-step guide to writing a strong U.S. resume that passes ATS filters and captures recruiters’ attention.

Step 1. Choose the Right Format

Avoid flashy designs, as they can make reading difficult and hurt your ATS score. Choose a clean, organized, and easy-to-scan format.

Step 2. Fill in Your Contact Information

Include your full name, U.S. phone number, professional email address, and LinkedIn profile link.

Remember that you do not need to include a photo, date of birth, or marital status.

Step 3. Write Your Professional Summary

Your profile should be concise and include relevant keywords. This section should be a short paragraph summarizing your work history, interests, achievements, and career goals.

Step 4. Clearly Present Your Work Experience

It’s essential to list your work experience clearly and in chronological order.

  • Use bullet points to list your most recent positions, including company name, job title, start and end dates.
  • Highlight measurable achievements in each position.

To write your professional achievements, use the XYZ formula, structured as follows:

  • X: what you did 
  • Y: how you did it 
  • Z: the result achieved.

For example: 

“Improved the brand’s visual identity through an e-commerce rebranding project, reducing cart abandonment by 50%.”

Step 5. Your Education

List your academic background, including institution name, degree, and attendance dates.

Step 6. Highlight Your Skills

The skills section is key to making your resume stand out.

It’s recommended to separate this section into soft skills and technical skills.

  • Soft skills: communication, teamwork, time management, attention to detail.
  • Technical skills: design and editing software.

Step 7. Optional Sections

Depending on the vacancy and your profile, you can include additional sections, such as languages, certifications, or volunteer experience.

This information can set you apart from other candidates, as it gives you additional skills that could be relevant to the position.

Example of a U.S. Resume

Here’s an example of how an optimized resume should look, according to U.S. company standards.

On this page, you can download CV templates in English to customize yours according to your experience.

The last step is to adapt this example to your own professional profile and career path, which may differ depending on whether you are a recent graduate or already have experience.

  • Recent graduate: if you have no experience, focus on your academic background, highlighting valuable projects, professional internships, volunteer work, and personal projects.
  • Professional with experience: adapt the example to your own work history and use the XYZ formula to highlight your professional achievements.

Common Mistakes to Avoid When Writing a Resume in the U.S.

Here are some things to avoid when writing your resume.

  • Using the same resume for every job: try to tailor your resume to the job you are applying for.
  • Including a photo or unnecessary personal details: remember that in the United States, this data is irrelevant.
  • Poorly translating key terms: if you have doubts about how to translate a term from Spanish to English, consult a translator or compare different sources on the internet.
  • Making it too long: your resume should not exceed one page; otherwise, it may be discarded even if you have the necessary skills.
  • Using a graphic-heavy design that doesn’t pass ATS filters: you may think that recruiters like resume templates with eye-catching designs, but the truth is that they are unlikely to pass ATS filters.

Común, Your Ally for Financial Stability in the United States

Having a strong resume is key to successfully entering the U.S. job market.

Just as a resume opens the door to great job opportunities, Común opens the door to financial stability for immigrants.

Discover Común, the option designed to serve the needs of immigrant communities in the U.S., with service available in Spanish.

Discover All the Benefits of Común!

  • Open a checking account with a qualifying official identification from your home country.
  • Mobile app available in Spanish and English.
  • Easily receive payments from employers, cash checks, and send international money transfers to Latin America.

Discover Común, the option dedicated to meeting the needs of immigrant communities in the United States with services available in Spanish.

Frequently Asked Questions (FAQ)

If you still have questions, check out the next section.

Is It Necessary to Include References in the Resume?

It’s not necessary to include references in your resume, as companies usually request them later in the hiring process.

What Are the 3 Most Important Details in a Resume?

The 3 most important details are: contact information, professional experience, and skills.

What Language Should My Resume Be In When Applying in the U.S.?

The resume format used in the U.S. is becoming common in other countries, so the language should match the job posting.

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Living in the United States

Websites for finding jobs in the USA: 2026 guide for immigrant workers

8 min de lectura

Websites for finding jobs in the USA (2026 guide for immigrant workers)

An essential guide for finding a job in the USA. The search for a job in a new country can be a challenge, many processes may feel new or unfamiliar. However, in 2026 there are plenty of online resources to help with the process, one of the most commonly used resources is online job platforms. For many Spanish-speaking employment seekers in the USA whether recently arrived or supporting a family, there are employment opportunities available, the key is to know where to find them.

To help with the search, we have created a guide designed as a practical, curated overview of the most relevant websites for finding jobs in the United States. We hope to provide useful context on which platform works best depending on your situation.

The 10 best websites for finding jobs in the USA

1. Indeed

A practical starting point

Among all job platforms in the United States, Indeed continues to be the most widely used, especially for people looking for entry level or widely available opportunities. Its main advantage is volume. It gathers thousands of listings across industries from restaurants, warehouses, cleaning services, retail, to customer service. The platform allows users to apply for many positions directly through the app or website.

However, this same ease of use means competition is high. Users of the platform have reported that, for better chances of success, it is important to apply early and consistently.

Available in Spanish?

Indeed is fully available in Spanish, it is one of the most complete Spanish experiences among all websites for finding jobs in the USA.

2. LinkedIn

For professional and office roles

LinkedIn is more about building a professional presence. Therefore it is very important to have a well structured profile with recommendations and references to all previous experiences to attract potential opportunities.

This platform is commonly used for roles in administration, marketing, finance, and technology. The platform is generally more focused on professional and corporate roles than hourly positions. It is also important to consider that finding a job through it tends to take some time.

Available in Spanish?

LinkedIn is partially available in Spanish. It allows you to change the interface to Spanish, including menus and profile sections. However, most job postings in the USA and recruiter interactions are still primarily in English.

3. Glassdoor

For researching companies

Glassdoor is not just a job board; it is a decision-making tool. While it does include job listings, its real value lies in the information it provides about companies. Users can see salary ranges, employee reviews, and even details about the interview process.

For someone unfamiliar with the U.S. labor market, this can be helpful when evaluating workplace conditions and company culture and help identify companies with better working conditions. Many job seekers use Glassdoor alongside other job search websites in English and Spanish to confirm whether a job is worth pursuing before applying.

Available in Spanish?

Glassdoor is partially available in Spanish. It offers some Spanish interface options and content, but the experience is mixed. The reviews and salary data are often in English, depending on the company. It is still useful, but not fully localized.

4. ZipRecruiter

Faster matching with less effort

ZipRecruiter focuses on simplifying the job search by using technology to match candidates with relevant opportunities. Instead of spending hours browsing, users receive recommendations based on their profile, and in some cases, some employers may contact candidates directly.

This approach is particularly helpful for candidates with some work experience who want to save time and avoid repetitive applications. It reflects how job platforms in the United States are evolving toward more automated and personalized systems.

Available in Spanish?

ZipRecruiter is mostly in English. It is primarily an English-language platform.

5. SimplyHired

Useful for understanding salaries

SimplyHired plays a valuable supporting role. It aggregates listings from multiple sources and provides salary estimates that help job seekers understand what a position typically pays.

For newcomers trying to navigate where to find work in the USA, this information is especially useful. It helps with comparing offers and may help job seekers better understand local ranges.

Available in Spanish?

SimplyHired is partially available in Spanish. It has some Spanish interface support and localized search options. However, like other platforms, many listings remain in English.

6. USAJobs

The official path to government work

USAJobs is the official federal employment portal. It offers access to government positions, which are known for stability, structured hiring processes, and strong benefits.

However, it is important to be realistic about accessibility. Most roles require legal residency or U.S. citizenship, which may limit eligibility for some applicants.

Available in Spanish?

USAJobs offers limited Spanish support. It is mainly in English, as it is the official government portal.

7. FlexJobs

A path to find remote work

As remote work continues to grow, FlexJobs has become one of the most reliable platforms in this space. Unlike larger job boards, it focuses on curated listings, which may help reduce exposure to fraudulent or low-quality listings.

This makes it particularly useful for people looking for flexibility, whether they are freelancers, parents, or simply prefer not to work in a traditional office setting. In the context of websites for finding jobs in the USA, it stands out for prioritizing quality over quantity.

Available in Spanish?

FlexJobs operates almost entirely in English.

8. Upwork

A practical option for remote income

Upwork allows users to work as independent contractors, offering services in areas such as writing, programming, design, and digital marketing. It has become one of the most relevant platforms for remote work, especially as companies increasingly hire global talent.

While it requires time to build a profile and reputation, some users use it to generate freelance or supplemental income and open doors to long-term clients. It is particularly useful for people with digital skills who are looking for flexibility.

Available in Spanish?

Upwork offers a Spanish interface, which makes it more accessible than many remote platforms. However, most clients post jobs in English.

9. Fiverr

For turning skills into income

Fiverr offers a slightly different model from Upwork. Instead of applying to jobs, users create service listings and set their own prices, allowing clients to find them directly.

It is commonly used for creative work and as a source of side income, but it can also grow into a full-time opportunity. Within the broader landscape of job search websites in English and Spanish, Fiverr stands out for its flexibility and accessibility.

Available in Spanish?

Fiverr also supports Spanish in its interface. Since you create your own service listings, you can write them in Spanish, English, or both, which gives you flexibility depending on your target clients.

10. The Muse

A more curated, culture-focused option

The Muse is smaller than other platforms but offers a more curated experience. It focuses on companies that prioritize workplace culture and transparency, giving candidates a clearer idea of what to expect.

This makes it particularly appealing for younger professionals or those looking for a better long-term fit rather than just immediate employment. While it may not be the first stop for most job seekers, it can be a valuable complement to larger platforms.

Available in Spanish?

The Muse is primarily an English-language platform with no full Spanish interface.

Choosing the right platform for your situation

These platforms are useful within their unique context, the key to making the most out of them is understanding what they offer and how they fit in your situation. Someone looking for quick, entry-level work will likely benefit most from Indeed, while a candidate pursuing a long-term professional career should prioritize LinkedIn. Those interested in flexibility or remote income may find better results through FlexJobs, Upwork, or Fiverr, while individuals seeking long-term stability may consider USAJobs if they meet the requirements.

In practice, the most effective strategy is not to rely on a single platform. Combining two or three of these tools creates a more balanced approach and may improve job search efficiency.

How to apply without an SSN or with an ITIN

When exploring websites for finding jobs in the USA, one practical question often comes up early in the process: what happens if you don't yet have a Social Security Number (SSN)? In most formal employment situations, an SSN is required because employers use it for payroll and tax reporting. However, during the application stage, many platforms still allow you to apply without entering one.

If you already have legal work authorization but are waiting for your SSN, you can:

  • Typically move forward in the hiring process, if the employer allows, and provide the number later
  • In some cases, employers may accept an Individual Taxpayer Identification Number (ITIN) for tax purposes (although it does not replace work authorization)

The key distinction is that an ITIN allows you to comply with tax obligations, but it does not grant permission to work.

Requirements can vary depending on the employer and the type of role, therefore it is important to confirm what documentation will be needed once you move forward in the hiring process.

Tips for preparing your application

Using the right job platforms in the United States is the first part of the process. How you present yourself still plays a major role in whether you get a response.

  • A strong resume should be clear, concise, and tailored to the type of job you are applying for
  • In the U.S., resumes are typically one page and focus on skills and results rather than long descriptions
  • Adjusting your resume to include keywords from the job description may help resumes align with automated application systems used by some employers

When it comes to interviews, preparation is just as important:

  • Employers often expect candidates to explain their experience clearly and give examples of past work
  • If you are not fluent in English, practicing common questions in advance can help you feel more confident

Applying regularly, following up when appropriate, and staying organized throughout the process may help improve consistency throughout the job search.

After you get the job: getting paid

Once you are successful and you find work in the United States, it is important to know how and where you are getting paid. Most employers rely on direct deposits, which requires access to a U.S. bank account. For many immigrants, this can be a challenge. Some financial institutions and fintech platforms offer products designed for individuals who may have limited access to traditional banking services. From traditional banks to digital platforms it's important to learn about their requirements and their offers. For example, with Común you can open a debit account using a passport or more than 100 valid Latin American IDs and Común's app is available in Spanish.

Frequently Asked Questions

Do I need a work permit to work in the United States?

Yes. To work legally in the U.S., you must have valid work authorization. This typically comes in the form of a work permit (Employment Authorization Document, or EAD) or a visa that allows employment.

What types of work permits are available for immigrants?

There are several common pathways depending on your situation. Temporary work visas like the H-2A (agricultural work) and H-2B (seasonal non-agricultural work) are frequently used. Professional visas such as the H-1B apply to specialized roles, while other options like TPS (Temporary Protected Status) or asylum-based work permits may apply depending on your country of origin and circumstances.

Each option has specific requirements, so it is important to verify eligibility with the official authorities.

Can I work in the United States if I don't speak English?

Yes, it is possible. Many jobs, especially in construction, cleaning, manufacturing, agriculture, and restaurants do not require advanced English. In cities with large Latino populations, it is common to find Spanish-speaking work environments.

However, improving your English can significantly expand your opportunities and increase your earning potential over time.

What are employment agencies?

Employment agencies, also known as staffing agencies, act as intermediaries between companies and job seekers. They help match candidates with available positions, often for temporary, seasonal, or entry-level roles.

For many newly arrived immigrants, these agencies may help some job seekers connect with available opportunities, especially if someone does not yet have a strong professional network in the United States.

Final thoughts

The key to navigating the U.S. job market in 2026 is not just knowing the websites for finding jobs in the USA, but understanding how to use them strategically. Each platform serves a different purpose, and choosing the right one may help better organize search and identify opportunities aligned with goals and experience. We wish you the best of luck in your job seeking process!

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Financial Education

What is a W-2 form? Complete 2026 guide for immigrant workers in the U.S.

8 min de lectura

What is a W-2 form? Complete 2026 guide for immigrant workers in the U.S.

A W-2 form is one of the most important tax documents employees receive in the United States. If you worked for an employer during the year, your W-2 shows how much money you earned and how much money was withheld for taxes.

For many immigrant workers, this may also be the first time dealing with U.S. tax documents. Understanding how to read a W-2, when you should receive it, and what to do if something is incorrect can help you file taxes more confidently and avoid delays during tax season.

This article is for informational purposes only and does not constitute legal or tax advice. It is recommended to consult a qualified tax professional for guidance specific to your situation.

What is a W-2 form?

A W-2 form, officially called the Wage and Tax Statement, is a tax document employers send to employees every year. The form reports: total wages earned, federal income taxes withheld, Social Security and Medicare taxes withheld, state or local tax withholdings if applicable.

The IRS requires employers to provide a W-2 to employees who earned wages during the tax year. You typically receive a W-2 if you are considered an employee of a company. Independent contractors and certain gig workers generally receive Form 1099 rather than a W-2.

When should you receive your W-2?

Employers must send W-2 forms to employees by January 31 of the year following the reported tax year. If you haven't received your W-2 by early February, contact your employer. If you still don't receive it, you can contact the IRS for assistance.

What information does the W-2 contain?

  • Box 1: Wages, tips, and other compensation
  • Box 2: Federal income tax withheld
  • Box 3: Social Security wages
  • Box 4: Social Security tax withheld
  • Box 5: Medicare wages
  • Box 6: Medicare tax withheld
  • Boxes 15–17: State tax information

W-2 vs. 1099: what is the difference?

W-2 employee1099 contractor
Employer withholds taxesWorker usually pays taxes independently
May receive benefitsUsually no employer benefits
Employer generally has greater control over work dutiesWorker has more independence
Receives W-2 in JanuaryReceives 1099-NEC if eligible

Can ITIN holders get a W-2?

Yes. Employees can receive a W-2 using an ITIN instead of an SSN. If you are legally working in the U.S. with work authorization but do not yet have an SSN, you can use your ITIN for tax purposes. However, remember that an ITIN does not authorize employment on its own. For more information about ITINs, visit comun.app/itin.

What to do if your W-2 has errors?

If you find errors on your W-2, such as an incorrect name, SSN/ITIN, or incorrect figures: contact your employer immediately to request a corrected W-2 (Form W-2c), wait for the corrected W-2 before filing your tax return, if you cannot get a correct W-2 in time, the IRS has procedures to help you.

FAQ

What is the W-2 form?

It is the Wage and Tax Statement your employer sends you each January, showing how much you earned and how much you paid in taxes the previous year.

When will I receive my W-2?

No later than January 31 of the year following the reported tax year.

What do I do if I don't receive my W-2?

First contact your employer. If unresolved, you can contact the IRS for assistance.

This article is for informational purposes only and does not constitute legal or tax advice. Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC.

Financial Education

What is a wire transfer? A complete guide for 2026

8 min de lectura

What is a wire transfer? A complete guide for 2026

A wire transfer remains one of the most widely used methods for moving large amounts of money quickly through financial institutions. It is commonly used for urgent transactions, high-value payments, or international bank transfers that often involve additional verification procedures and transaction monitoring.

According to Federal Reserve Fedwire statistics, around 209.9 million wire transfers were processed in 2024, an 8.6% increase compared to the previous year.

What is a wire transfer?

A wire transfer is an electronic transfer of funds between financial institutions through secure financial networks. Wire transfers are commonly used for: sending large amounts of money, urgent domestic payments, international bank transfers, real estate transactions, business payments, emergency family transfers.

How long does a wire transfer take?

Transfer TypeTypical Delivery Time
Domestic wire transferSame day or within hours
International wire transferTypically 1–5 business days
ACH transferTypically 1–3 business days
Remittance app transferTypically in minutes to 2 days

How much does a wire transfer cost in 2026?

Transfer TypeAverage Cost
Domestic outgoing wire$15–$35
International outgoing wire$35–$75
Incoming international wire$10–$20
Exchange rate markup1%–4% depending on the provider

Fees and exchange rate markups vary by bank, destination country, transfer amount, intermediary institutions, and payment method. Always review the total transfer cost before sending money internationally.

Advantages and disadvantages of wire transfers

Advantages:

  • Speed for time-sensitive payments
  • Higher transfer limits
  • Secured financial infrastructure
  • Useful for international banking

Disadvantages:

  • Higher costs
  • Transfers are difficult to reverse
  • More banking information is required
  • Longer processing for international transfers

Wire transfer vs. money transfer apps

FeatureWire TransferDigital Remittance App
Typical useLarge or time-sensitive transfersRegular family or friend remittances
Average costTypically $15–$75 transfer feesUsually lower — flat fees or 0.48%–1%
SpeedSame day to several daysTypically in minutes to 2 days
Currency conversionBank-set rate, markup typically 1–4%Near mid-market rate, markup 0–1.4%, shown upfront
Setup processMore banking details required (routing, SWIFT/IBAN)Usually app-based, quick mobile signup
Best forHigh-value or business paymentsFrequent personal transfers

FAQ

Can I make a wire transfer without a bank account?

In general, wire transfers require both parties to have bank accounts. For transfers without a bank account, consider alternatives like remittance apps.

Is a wire transfer safe?

Yes, wire transfers use regulated banking systems with transaction records and tracking. However, they are difficult to reverse if incorrect information is entered.

When should I use a wire transfer instead of an app?

Wire transfers make sense for high-value, urgent, or institution-required payments. For regular remittances to family, digital apps typically offer lower cost and more convenience.

Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC. Remittance service provided by Service UniTeller, Inc.

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Financial Education

Apps like Chime: Best alternatives for 2026

8 min de lectura

Apps like Chime: Best alternatives for 2026

Digital banking apps have changed how many people in the United States manage their money. Instead of visiting physical branches, people can now open accounts, receive direct deposits, send payments, and manage spending directly from their phones.

Among these apps, Chime has become one of the most recognized names in digital banking. However, for many immigrants in the United States, traditional fintech apps may not fully meet everyday financial needs. Some people may need an app that supports ITIN-based onboarding, offers easier ways to send money to Latin America, or provides customer support in both English and Spanish.

What is Chime and why look for alternatives?

Chime is a financial technology company that offers mobile-first banking services through partner banks. Its features include early direct deposit, debit cards, fee-friendly banking options, and automatic savings tools. Some users may look for alternatives because they want: international remittance options, ITIN or passport-based onboarding, bilingual customer support, or cash transfer flexibility.

Comparison of apps like Chime (2026)

App Sin comisión mensual Acepta ITIN/Sin SSN Soporte en español Remesas internacionales Transferencias P2P Depósito directo anticipado
ChimeSíNoNoNoNoSí*
ComúnSí*SíSíSíSíSí*
CurrentSíNoNoNoSíSí
VaroSíSí (ITIN)NoNoNoSí

*Terms and conditions apply. Verify current requirements with each provider.

Común — The alternative designed for Latino immigrants

Común is a digital financial platform built specifically for the Latino community in the U.S. Unlike Chime and other digital banking apps, Común accepts more than 100 valid Latin American IDs to open an account, offers 24/7 customer support in Spanish, allows sending remittances to Latin America starting at $2.99, and has an app available fully in Spanish. Visit comun.app to learn more.

Varo

Varo accepts ITINs for account opening, making it more accessible for some immigrants. It offers basic banking features without monthly fees. However, it does not offer international remittances or Spanish-language support.

Current

Current offers digital banking with early direct deposit and P2P transfers. However, it does not accept ITINs for account opening and has no Spanish support or international remittances.

Which is the best Chime alternative for immigrants?

It depends on your specific needs. If you need remittances to Latin America, Spanish-language support, and the ability to open an account without an SSN, Común may be the most complete option.

FAQ

Can I open a Chime account without an SSN?

Chime generally requires an SSN to open an account. For immigrants who do not yet have an SSN, there may be better alternatives like Común.

What is the best banking app for Latino immigrants?

Común is designed specifically for Latino immigrants in the U.S. with Spanish support, account opening with Latin American IDs, and international remittances.

Común is a financial technology company and not a bank. Banking services are provided by Community Federal Savings Bank, Member FDIC.

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Financial Education

How to Use ATMs Safely in the U.S.

8 min de lectura

To use ATMs safely in the U.S.: choose ATMs in well-lit locations and at reputable banks, cover the keypad when entering your PIN, inspect the card reader for unusual devices (skimmers), and use ATMs within your bank's network to avoid fees. Acting with caution can protect you from the most common ATM fraud.

ATMs are an essential financial tool in the United States. However, they are also a frequent target for fraud and theft. Knowing the best safety practices can make the difference between a secure experience and a financial nightmare.

Choose the ATM Carefully

Choosing the right ATM is the first step toward a secure transaction. Prioritize ATMs located inside banks or large supermarkets, in well-lit areas, and with visible cameras. Avoid ATMs in isolated or poorly lit areas, or those that appear to be in bad condition. ATMs from recognized networks such as Allpoint, MoneyPass, or your own bank offer greater security and generally no additional fees. Común gives you access to more than 55,000 fee-free ATMs in the U.S. through the Allpoint network.

Visual Inspection: Spot Skimmers

Skimming is one of the most common forms of ATM fraud. Skimmers are illegal devices placed over the card reader to copy your card information. Before inserting your card: gently pull on the card reader — if it moves or seems loose, do not use that ATM. Check that the keypad is not raised or has unusual components. Look for small cameras or strange objects near the keypad. If anything looks out of the ordinary, use another ATM and report the suspicious one to the bank.

Always Protect Your PIN

Your PIN is the key to your account. When entering it: cover the keypad with your free hand even if no one is nearby — there may be hidden cameras. Never share your PIN with anyone, including bank employees. Memorize it and do not keep it written down near your card. If you forget your PIN, call the bank; never use the first number that comes to mind because you could lock your card. Change your PIN periodically, especially if you suspect it has been compromised.

During the Transaction

While using the ATM: keep your distance from strangers — no one needs to be close to you while you are completing your transaction. Do not accept help from strangers, even if they seem friendly. Know the amount you need to withdraw before you arrive at the ATM. Put away your cash and card before walking away. Make sure the ATM returns your card before you leave. If the ATM "swallows" your card, contact the bank immediately (there is a number on the ATM or on your card).

How to Avoid ATM Fees

ATM fees can add up quickly. To avoid them: use ATMs within your bank's or financial institution's network. Común offers access to the Allpoint network with more than 55,000 free ATMs in the U.S. If you use an out-of-network ATM, expect to pay between $2.50 and $5 per transaction, plus whatever your bank charges. Plan your withdrawals — taking out a larger amount less often reduces the number of fees. Consider paying with a debit card at stores that offer fee-free cash back.

What to Do If You Have an ATM Problem

If the ATM does not give you the money but deducted it from your account: keep the receipt or take a photo of the screen. Contact your bank immediately (the number is on your card). The bank will investigate and generally resolves the issue within 10 business days. If your card is retained by the ATM: do not leave until bank assistance arrives (they have rapid-response technicians). If you must leave, call the bank immediately to report it and block your card.

Frequently Asked Questions About Safe ATM Use

How do I know if an ATM has a skimmer installed?

Skimmers usually protrude slightly from the original card reader, have a different color or texture, or move when pressed. On the keypad, look for an extra layer placed over the original keypad. They may also install small cameras disguised as decorations. If you have doubts, do not use that ATM and report it by calling the number on the ATM.

Is it safe to use ATMs at night?

It depends on the location. An ATM inside a 24-hour store or in a well-lit bank lobby is safe at night. Avoid outdoor ATMs in isolated areas or on lightly traveled streets at night. If you urgently need cash at night, prefer 24-hour stores that offer cash back when you pay with debit.

What should I do if I am robbed while using the ATM?

Your safety comes first: do not resist and hand over the cash if you are threatened. As soon as you are safe: call 911, contact your bank to block the card immediately, and file a police report. With the police report, you can start a dispute process with your bank to recover stolen funds in some cases.

Do I have a daily ATM withdrawal limit?

Yes, all banks have daily ATM withdrawal limits. The standard limit at most banks in the U.S. is $300 to $1,000 per day. Común has set limits that you can check in the app. If you need to withdraw more, you can do so at multiple ATMs or contact the bank to request a temporary limit increase.

Can I use my Latin American debit card at ATMs in the U.S.?

Yes, if it has the Visa, Mastercard, or Maestro logo, it will work at most ATMs in the U.S. However, the fees can be high: international fee from the issuing bank (1-3%), U.S. ATM fee ($3-$5), and a currency conversion rate. For regular use in the U.S., it is more convenient to open a local account like Común to eliminate these costs.

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