Financial Education Opportunities, Meetings and Networking Events

Meetings, Forums & Networking Events

Foreclosure Prevention Team Meeting
Date: 3rd Wednesday of every month
Time:  Noon – 1:30 p.m.
Location: Call-in Only

Foreclosure Prevention Chair:

  • Linda Taylor, The Urban League of Metropolitan Seattle
  • Tom McKay, Northwest Justice Project

BankOn WA virtual forum – updated information!

Exciting news! We have updated our schedule – now you can see more information about our speakers and their presentations! And check out the closing panel we have added – The Future of FinTech: Research, Pitfalls and Possibilities. We are excited to bring together folks from across sectors to explore what research is telling us about the use of FinTech in historically marginalized communities, and what lessons we can take forward here in Washington.

Join us October 19th and 20th from 8:30 am – 12:45 pm Pacific Time to explore what FinTech means for unbanked, low-income, and historically marginalized individuals and communities. What is the current FinTech landscape? What does research tell us about inclusion and financial wellness? And where are we headed from here?

Day One – Tuesday, October 19, 2021

8:30 am – 12:45 pm

8:30 am – Welcome
9:00 am – Opening Plenary with Morgan Housel, author The Psychology of Money
10:15 am – The Full Monty: A study of banking, FinTechs, and exceptional performance with John Maxfield, author The Cambrian Explosion: Lessons for a New Era in Banking
11:30 am – Banking in Color with Dr. Cy Richardson, National Urban League
12:30 pm – Day One Closing

Day Two – Wednesday, October 20, 2021

8:30 am – 12:30 pm

8:30 am – Welcome
8:45 am – Presentation Four: Andrea Alexander, T3 Tribal Technology Training
10:00 am – The Fintech Project – Financial Apps as Tools for Success with Chris Moreno & Darren Liddell, Catalyst Miami
11:15 am – Closing Panel: The Future of FinTech: Research, Pitfalls & Possibilities

  • Sean Creehan, FinTech team lead for financial health and inclusion at the Federal Reserve Bank of San Francisco
  • Gosia Tomaszewska, Director of Innovation, Common Wealth
  • TBD
  • Moderated by: Erwin Reeves, Community Affairs Specialist, FDIC

12:30 pm -Day Two Closing

Registration:  $50 per individual*
*A discount is available for nonprofits! Use promo code ChangeCounts21 to receive a discount of $25!

Register Here!

More information is available at www.bankonwashington.org

+ Follow us on social mediawww.facebook.com/BOWA2021

Bank On Washington Coffee Hour

Stay tuned for the next Bank On Washington Morning Coffee Hour coming in December. Did you miss the last two coffee hours?  Take a look below.

Date: Tuesday, September 14, 2021
Topic:  Legal Financial Obligations in Washington State

Nick Allen from Columbia Legal Services shared new legislative updates and ways to support clients previously incarcerated with their banking needs.

Coffee Hour Recording here>
PowerPoint here>


Date: Tuesday, February 23, 2021
Topic: Community Reinvestment Act (CRA) Overview

Coffee Hour Recording here>
PowerPoint #1 (NACEDA) here>
PowerPoint #2 (HDC) here>


Financial Empowerment Network Virtual Learning

Audience: Professionals in the field whom we define as case managers, advocates, and financial counselors/coaches, to guide and contextualize the needs of their clients.  Did you miss a webinar?  Watch it on YouTube>

Topic:  Child Tax Credits + Updates on 2021 Free Tax Preparation
Date: Thursday September 30th
Time: 10:00 – 11:00 am
Register here

Could your clients use an extra $250-$300 each month? Are you confused about how to help them access the Advanced Child Tax Credits? Are you confused about your own eligibility for this new tax credit? Do you have clients that missed filing their 2020 taxes?

Join Terrence Cabiao, Program Coordinator with United Way of King County as he explains their program, who is eligible, and how folks access the money they are entitled to!

We will also talk about the Earned Income Tax Credit (EITC), provide updates on the 2021 free tax preparation program, and have a Q&A session – bring your tax questions!

Topic:  Survey of Consumer Debt Issues: Medical Debt, Collections & Garnishments, and More!
Date:  Wednesday November 10, 2021
Time:  10:00 – 11:30 am PT
Register here>

Join Julia Kellison from NJP to discuss consumer debt issues, including how to help your clients navigate their debts, what resources are available, and recent changes in consumer debt laws! This workshop will be an overview of many types of consumer debt, including medical debt, collections, garnishments, and student loans. We’ll use your feedback to create more in-depth workshops in 2022!

Topics Julia will cover include:

  • Medical debt and charity care options
  • Dealing with collection agencies
  • Wage and bank account garnishment
  • How to prioritize what debts to pay first!
  • Student loans

We’ll include lots of time for Q&A, so please reach out and let us know if you have specific questions ahead of the workshop!

Plus there will be time for networking, so please come prepared to share any announcements or updates from your agency.

Topic: Credit as an Asset: Affordable Credit Building Opportunities
Trainers:
Becky House, American Financial Solutions, Emerson Sekins, and Ellie Vainker, NW Access Fund

Access the recorded webinar here>

American Financial Solutions Save2Build credit-builder loan: This innovative program allows clients to borrow $300. The borrowed funds are not distributed directly to the client as they would with a traditional loan. Instead, they are deposited into a locked savings account. The client makes small monthly installment payments through their plan over a year. Each monthly payment made toward the loan is reported to the credit reporting agencies, reflecting positively on their credit report and potentially raising their credit score. At the end of the loan term, the funds are returned to the client, providing an instant savings cushion that the client can use to build their savings over time or continue building their credit.

NW Access Fund Opportunity Loan: This loan program was developed in response to the disability community’s need for an affordable credit product that can promote access to independence, financial stability, or life opportunities. Some common loan purposes are for moving costs, security rental deposits, and car repairs. To qualify for our Opportunity Loan a person with a disability needs to participate in financial coaching; loan amounts are up to $2,500 with terms up to 36-month at 5% interest with no additional fees. All of our loans are reported to all three major credit bureaus.

Topic: Debt Management, Credit Reports & Scores
Trainer:  Becky House, American Financial Solutions
Access the recorded webinar here>

Topic:  Medical Debt in Washington State
Trainer: Julia Kellison, Northwest Justice Project
Access the recorded webinar here>

Topic: Scalable Financial Wellness Solutions
 Access the recorded webinar here>

Topic: COVID-19 Health Insurance Options
Trainer:  Daphne Pie, King County Public Health-Seattle and King County
Access the recorded webinar here>

Topic:  An Overview of Financial Empowerment
Trainers:  Becky House, American Financial Solutions, Alice Coday, Financial Empowerment Network, & Lydia Assefa Dawson, King County Housing Authority

Access the recorded webinar here>

  • Resources
  1. Financial Empowerment self-assessment – https://files.consumerfinance.gov/f/documents/cfpb_your-money-your-goals_fin-empowerment_tool_2018-11.pdf
  2. Cash flow budget – https://files.consumerfinance.gov/f/documents/cfpb_your-money-your-goals_cash_flow_budget_tool_2018-11_ADA.pdf
  3. Adjusting your cash flow –https://files.consumerfinance.gov/f/documents/cfbp_your-money-your-goals_adjust_cash_flow_tool_2018-11_ADA.pdf
  4. Debt action plan –
    https://files.consumerfinance.gov/f/documents/cfpb_your-money-your-goals_debt-action-plan_tool_2018-11.pdf
  5. Your Money, Your Goals Financial Empowerment Tool assisting in income preservation found in Modules 3, 4, & 5 – https://www.consumerfinance.gov/practitioner-resources/your-money-your-goals/toolkit/

Topic:  Debt Management, Credit Reports & Scores
Trainer:  Becky House, American Financial Solutions
Access the recorded webinar here>.

  • Refer to the Debt Action Plan handout from the CFPB, Your Money, Your Goals Toolkit. Chapter 6 is available to download here>
  • The FDIC Handout, Apply It: Building My Credit is part of the Money Smart for Adults and available for download here>

Topic: Removing Barriers to Reentry: LFO’s in WA State
Trainer:  Nick Allen, Attorney, Columbia Legal
Access the recorded webinar here

Topic:  Retirement Strategies: Washington Retirement Market Place
Trainers: Carlos Garcia, CEO and founder of Finhabits and Tracy Gunter, Washington State Retirement MarketPlace

  • You can access the recorded webinar here>

Topic:  Overcoming Language Barriers

  • You can access the PowerPoint here>

Community Webinars

NWCLC Webinar Series: How to survive the financial impacts of COVID-19

For many Washingtonians who were recently laid off, had hours reduced, or took unpaid leave, the financial implications of COVID-19 have been serious and immediate.

Northwest Consumer Law Center is here to help those financially impacted by the COVID-19 outbreak.  You can review their recorded webinar series at http://www.nwclc.org/covid-19/ 

COVID-19 RESOURCES
Landlord/Tenant Law & COVID-19
An Update on Washington’s Eviction Moratorium and Options for Renters
Monday, March 30, 2020
Download the webinar at https://youtu.be/whClo28RoPU

Financially struggling due to the COVID-19 outbreak? Want to learn more about your rights as a tenant during these uncertain times? Join Northwest Consumer Law Center for an informative presentation by Board Member Brendan Donckers. This 20-minute presentation will be followed by a live question and answer session.

Your Mortgage & COVID-19
An Update on Foreclosure Moratoriums, Payment Deferrals, and More
Download the webinar at https://youtu.be/DojvWYQQFxQ

Financially struggling due to the COVID-19 outbreak? Want to learn more about options for your mortgage payments? Join Northwest Consumer Law Center for an informative presentation by Board Member Melissa Huelsman. This 20-minute presentation will be followed by a live question and answer session.

Your Student Loans & COVID-19: Is Relief Available?
Download the webinar at https://youtu.be/KZcTAKPtQ_M

Trying to make sense of what options are available to manage your student loans? Join Northwest Consumer Law Center for an informative presentation by Board Member Christina Henry. This 20-minute presentation will be followed by a live question and answer session.

Managing Consumer Debt Amid COVID-19
Credit Cards, Medical Bills, and Debt Collectors
Download the webinar at https://youtu.be/XpzJYklHqn0

Struggling financially due to the COVID-19 outbreak? Not sure which bills to pay first? Want to learn more about how to protect your consumer rights? Join Northwest Consumer Law Center for an informative presentation by Board Member Sam Leonard. This 20-minute presentation will be followed by a live question and answer session

Bankruptcy & COVID-19
Should I File? And Other Considerations During A Financial Crisis
Friday, April 3, 2020
Download the webinar at https://youtu.be/iOKYj7QXEy8

Struggling to repay debt and considering bankruptcy? Join Northwest Consumer Law Center for an informative presentation by Executive Director Amanda Martin. This 20-minute presentation will be followed by a live question and answer session.

Protect Your Home: Equity Scams During the Age of COVID-19
Download the Webinar at https://youtu.be/_uM6sXWvfVY 

Dealing with Debt Collectors During COVID-19
Download the Webinar at https://youtu.be/Yr_ONbu7pb0

JPMorgan Chase Crisis Communications Webinar 2020 – Evaluation

  • To listen and review the recording: Click Here
  • To access the PowerPoint presentation: Click Here

JPMorgan Chase Crisis Communications Webinar 2020 – Evaluation Pt.2

Online Learning Opportunities

Coalition-Building Learning Series

The series’ objective is to offer local and national coalitions resources and knowledge for leadership development, sustainability, and succession planning.

Target audience: Asset Building Coalitions, Bank On Coalitions, and other groups and financial service practitioners doing coalition building and collaborative work.

The series’ objective is to offer local and national coalitions resources and knowledge for leadership development, sustainability, and succession planning.

Target audience: Asset Building Coalitions, Bank On Coalitions, and other groups and financial service practitioners doing coalition building and collaborative work.

1) Coalition Building: A Look at Funding
Hosted by Banner Bank
Download the recording here>
Download the PowerPoint here>

Trainer:  Rocio Rodarte, Policy and Communication Manager, Mission Asset Fund

2) Types of Collaborative Structures & What Makes Them Effective
Hosted by Wa Fd Bank
Download the recording here>
Download the PowerPoint here>
Prosperity Now Resources
As Vehicles of Change, Coalitions Have Great Impact, Prosperity Now
Lessons and Insights, Prosperity Now
What Makes an Effective Coalition, California Endowment
Prosperity Now’s Advocacy Toolkit

Trainer:  Fran Rosebush Baylor, Vice President Partnership, Field Engagement & Policy, Prosperity Now

3) The Cost vs. Benefits of Coalitions
Hosted by WA State Department of Commerce
Download the recording here>
Download the PowerPoint here>

Trainer:  Bill Mills, President/CEO, FPP (Florida Prosperity Partnership)

Trainer:  Joanna K. Doran (P:yo-AN-na), Ph.D., M.S.W., Associate Professor
California State University, School of Social Work, Los Angeles, and Founding Member of the Asset Building Clinic

4) Demonstrating Impact
Hosted by The Financial Empowerment Network and Bank On Washington
Download the recording here>
Download the PowerPoint here>
Download the resource list here>

Trainer:  Nicky Grist, Chief of Research, Evaluation, & Finance, CFE Fund

THE CENTER FOR FINANCIAL SECURITY
University of Wisconsin-Madison: LISTENING & LEARNING SERIES: Financial Coaching & Counseling – Learn more>

Outlined below are the recorded topics in their series:

  1. Increasing Focus: Gaining Clarity about ”Financial Coaching” vs. “Financial Counseling” & The Implications for Preparing Your Team. Download the recording here>
  2. Lead by Design: Deepen Understanding of Program Design & Models to Better Meet People Where They Are. Download the recording here>
  3. Demonstrating Success: Identifying Metrics to Measure Financial Coaching & Counseling Impact. Download the recording here>
  4. Taking It to the Next Level: Exploring Financial Coaching Platforms & Putting It All Together.  Download the recording here>

Below are additional resources from the Center for Financial Security.

  • Financial Coaching Training- Scan of the Field Brief: (link)
  • Financial Coaching Newsletter containing an interview pertaining to volunteer coaching: (link)
  • Financial Coaching Newsletter with Core Coaching Competencies: (link)
  • Financial Coaching Strategies Website: (link)
  • Subscribe to CFS Financial Coaching Resources and Updates: (link)

Center for Financial Security’s Financial Capability Scale (FCS) Learn more>

The Prosperity Agenda
Every month The Prosperity Agenda helps their community improve their coaching skills with short webinars filled with actionable insights and tips.  Learn more>

Prosperity Now: Lessons for Integrating Financial Capability Learning
Prosperity Now recommends that organizations interested in starting or expanding their own financial capability integration projects also check out their other resources.

  1. Building Financial Capability: A Planning Guide for Integrated Services
  2.  Identify and Prioritize Expected Outcomes
  3. Build a Logic Model
  4. Select and Collect Indicator Data

These and other resources are available at Prosperity Now’s Integrating Financial Capability website.  Learn more about financial capability integration here>

Professionalizing Financial Counseling and Coaching

Professionally trained counselors help consumers with low incomes manage their finances, pay down debt, increase savings, establish and build credit, and access safe and affordable mainstream banking products.

The “Supervitamin Effect” of financial counseling, as distinct from generalized “financial education” is the core work at the Financial Empowerment Centers (FEC) across the country.  Today it is the Cities for Financial Empowerment Fund’s (CFE Fund) comprehensive approach to financial counseling and holds the promise of saving cities money over the long term.

FEC’s train their financial counselors in accordance with the requirements and competencies detailed in CFE’s newly established FEC Counselor Training Standards and Code of Ethics. These delineate the breadth and depth of the financial content areas, counseling and coaching skills, practice and experiential learning, and socio-economic and cultural context setting necessary to serve the diverse needs and backgrounds of FEC clients.

To facilitate local counselor training, the CFE Fund released its newly established FEC Counselor Training Standards and Code of Ethics. The standards outline the financial content areas, counseling and coaching skills, practice and experiential learning, and socio-economic and cultural context setting necessary to serve the diverse needs and backgrounds of FEC clients.

To facilitate local counselor training, the CFE Fund has approved ten national and regional training providers’ courses that align with the FEC Standards.

Professional Certifications

ASSOCIATION FOR FINANCIAL COUNSELING PLANNING EDUCATION (AFCPE)
The Association for Financial Counseling and Planning Education (AFCPE) is a non-profit professional organization created to promote the education and training of the professional in financial management. Certified individuals must meet education, experience, and ethical requirements. In addition, continuing education and annual fees are required to maintain a certificate. Learn more> 

COLLEGE FOR FINANCIAL PLANNING
Foundations in Financial Planning Program℠ is designed to provide basic, practical knowledge of the financial planning process and the five disciplines of financial planning. Students are introduced to different product categories, essential terminology, and general concepts applicable to financial planning. Completing the Foundations in Financial Planning course will allow you to use the Registered Paraplanner℠ or RP® mark. Learn more> 

CFP Certification Professional Education Program is delivered via the College’s exclusive MyChoice learning platform. Most students complete their studies within 1-2 years, although your completion time may be faster or slower than the duration cited. Students are permitted up to 3 years to complete the program. Completing the program fulfills the core education requirement for certification by CFP Board of Standards, qualifying you to sit for the CFP® Certification Examination.

Additional information on CFP Board’s requirements can be found on their website. Completion may allow you to earn up to 15 semester credit hours toward an MS in Personal Financial Planning, and between 150-278 hours of continuing education credit with some organizations. Learn more> 

South Seattle Community College (SSCC) is an affiliate of the College for Financial Planning in Denver, Colorado. SSCC provides classroom instruction for those enrolled in the (self-study) CERTIFIED FINANCIAL PLANNER™ Professional Education Program. Learn more>

NATIONAL ASSOCIATION OF CREDIT COUNSELORS
Successful candidates receive the Certified Credit Counselor or Financial Health Counselor or Debt Settlement Specialist certification, a two-year renewable certificate along with membership in the National Association of Certified Credit Counselors. As a member, you will be included in our international registry and your continuing education requirements will be tracked for recertification.  Learn more here>

NeighborWorks AMERICA
NeighborWorks America’s training and certification offerings represent the professional development for those serving people and communities in any capacity.

You can learn with NeighborWorks at in-person training events or ─ for greater convenience and cost efficiency  ─ online.  Most of their courses count toward professional certificates and certifications that help advance your career. Learn more>

Financial Empowerment Resources

Cities for Financial Empowerment (CFE) Fund: CFE brings together pioneering municipal governments from across the country that leverages their power and positions to advance innovative financial empowerment initiatives. By working with key partners in the public, private, and nonprofit sectors, CFE also leverages its members’ collective power to advance the financial empowerment agenda on a state and national level.  Learn more>

THE CONSUMER FINANCIAL PROTECTION BUREAU (CFPB)
YOUR MONEY, YOUR GOALS is a toolkit that social services organizations can use to help their clients set goals, choose financial products and build skills in managing money, credit, and debt. Learn more>