Financial Education Events
IN JUNE 2008
Idaho Financial Literacy Coalition (IFLC) Subcommittee Meetings
Your Money, Your Future – Workshops For Good Banking
Unbanked Forum with Craig Nolte, U.S. Federal Reserve Bank of San Francisco
Idaho Financial Literacy Coalition (IFLC) Subcommittee Meetings
Who Should Attend
Local businesses, non-profit organizations, government agencies, tribal representatives, and concerned citizens interested in improving the quantity and quality of personal financial information and educational programs for Idahoans by providing resources and education to teachers, youth leaders, and others in need of assistance or at financial risk. Refreshments will be provided.
When and Where
· Idaho Falls First Committee Meeting
Tuesday - June 17, 2008 from 12:00 p.m. to 2:00 p.m.
Idaho Health and Welfare (150 Shoup Avenue) 2nd floor Conference Room
· Pocatello First Committee Meeting
Wednesday - June 18, 2008 from 12:00 p.m. to 2:00 p.m.
Debt Reduction Services (611 Wilson Avenue, Suite 6B) Conference Room
Agenda
1. Nominations for regional IFLC officers
2. Strategize on financial education issues and develop projects
For more information, contact Delverne Seaman, Partners for Prosperity Community Development Specialist at delvernes@p4peid.org or call 251-5076.
For more details about IFLC, download the brochure in PDF format here.
To review the proposed organization chart, download in PDF format here.
Your Money, Your Future –Workshops For Good Banking”
When and Where
· Shoshone-Bannock High School – Fort Hall, Idaho
Saturday, June 14, 2008 from 8:30 a.m. to 12:15 p.m. Registration starts at 8:00 a.m.
· Idaho Falls High School – Idaho Falls, Idaho
Saturday, June 21, 2008 from 8:30 a.m. to 12:15 p.m. Registration starts at 8:00 a.m.
Who Should Attend
The workshops are free to the public who are interested in learning some tips on the following topics:
· Shopping for an account – What are the difference between a credit union and bank? What ID’s are required to open account? What is free checking and beware of bank fees? (One workshop in Spanish)
· Basic account holding skills - Free check cashing, writing checks, and using a debit cards.
· Getting Online Account Access - You can transfer money between accounts, bill pay, automatic payments to creditors, and view/track spending reports. (One workshop in Spanish)
· Using direct deposit – Explain the items such as paychecks, social security payments, tribal per capita payment and tax refund that can be deposited. (One workshop in Spanish)
· Balancing your checkbook - To avoid being blacklisted on ChexSystem, here are some tips on balancing your checkbook and getting overdraft protection.
Note: Workshops are free to the public and refreshments will be provided.
Workshop Agenda
|
Time |
Activities |
|
8:00 a.m. - 8:30 a.m. |
Registration and Continental Breakfast |
|
8:30 a.m. – 9:00 a.m. |
Welcome and Keynote Sessions |
|
9:15 a.m. – 10:00 a.m. |
Break Out Sessions |
|
10:15 a.m. – 11:00 a.m. |
Break Out Sessions |
|
11:15 a.m. – 12:00 p.m. |
Break Out Sessions |
|
12:00 p.m. – 12:15 p.m. |
Conclusion and Raffle Winner Announcements |
Opportunities for your Organization to Get Involve at the Workshop Events
Workshop Presenters
I am looking for local presenters from non-profit organizations, government agencies, banks and credit unions to volunteer to be a presenter at one or both locations. If you are interested in volunteering, contact Delverne Seaman at delvernes@p4peid.org or call 251-5076 for more information.
Information Booths and Tables
In the front entry way of the high school, in the area where the registration table will be located, space has been set aside for financial education providers, IDA programs, debt reduction agencies and other non-profit organizations to set up information tables at no charge. There will be a fee for banks and credit unions to set up a booth, $200.00 for both events or $125.00 for one event. Tables will be provided. At this time, space is limited to 14 information tables so contact Delverne Seaman at delvernes@p4peid.org or call 251-5076 to reserve a spot. The refreshment table with coffee, orange juice, pastry and fruits will be set up here, too.
To sign up for a table, download the application in PDF format here.
Account Sponsorships Program for Non-Account Holders
Partners for Prosperity is hoping to sign up 200 non-account holder (100 people at each workshop location) to open a savings account. We are seeking to partner with several local banks and credit unions to sponsor between 5 to 25 participants to open a savings account.
The conditions are that:
· The participant does not currently have a savings account with any bank or credit union,
· will have to attend 3 breakout sessions
· Only sign up with a bank or credit union participating in the sponsorship program
· The account remains open for 45 days and has a minimum balance of $25.00 prior to Partners for Prosperity depositing the additional $25.00.
The purpose of the sponsorship program is to educate and encourage non-account holders to use their account to sign-up for direct deposit such as paycheck, social security payments, disability or veterans benefits, tax refunds, or tribal per capita payments.
For more information, contact Delverne Seaman at delvernes@p4peid.org or 251-5076.
NOTICE TO BANKS: For both events, participants will fill out survey forms so the demographic information can be compiled into a report that banks can leverage for Community Reinstatement Act (CRA) credits.
Unbanked Forum with Craig Nolte, U.S. Federal Reserve Bank of San Francisco
When and Where
Wednesday, June 25, 2008 - 11:00 a.m to 1:00 p.m.
Fairfield Inn (1293 W. broadway) Idaho Falls, Idaho
Sponsored by Craig nolte from the U.S. federal Reserve Bank of San Francisco, in collaboration with Partners for Prosperity.
Agenda
To continue discussion from the Unbanked Summit held on March 12, 2008 at Idaho State University in Pocatello about helping the unbanked. Topics to be addressed are as follows:
· Develop a checkless, low-cost product that meets the need of unbanked consumers;
· Adapt internal systems to allow customers on ChexSystems to open “second chance” checking accounts.
· Accept alternative forms of identification;
· Expand marketing in targeted, low-income neighborhoods and communities;
· Partner with non-profits in eastern Idaho to identify customers ready to enter the financial mainstream.
For a copy of the “Eastern Idaho Unbanked Summit” discussion data, download in PDF format here.