Bank On Louisville e-news | November 2013

Bank On Louisville e-news

BANK ON LOUISVILLE is a comprehensive network of community partners focused on serving the unbanked and underbanked by increasing access to mainstream financial services, products and tools and financial education resources in order to decrease their reliance on expensive, alternative services and increase financial stability.

Brought to you by Louisville Metro Community Services and Revitalization.        November 2013

BOL logo w/ City seal

Upcoming events

  • Pay Yourself First workshop, Nov. 6
  • Financial Recovery Workshop, Nov. 13
  • Start Fresh!, Nov. 14
  • Start Fresh!, Nov. 17
  • FEeD information session, Nov. 21
  • Financial Empowerment Center appointments with Apprisen, the Urban League, and more: ongoing

View the calendar of these events and more here.

Bank On Louisville in the news

Partnership opportunities

The Consumer Financial Protection Bureau, in partnership with the behavioral economics think tank ideas42, is looking for organizations to help prototype project innovations in managing finances, managing cash flow and bill payments, and managing finances at retirement. Apply by November 8. Click here for more information.

Notes from the Bank On Louisville team

We are proud to report that in the July - October 2013 quarter alone, Bank On and its partners reached over 1,000 people with financial education and empowerment opportunities! That means we are well on our way to meeting our goal of increasing fnancial education participation by 100% from our comprehensive total of 3,656 people served. Thanks to all our education provider partners and to the entire community -- together, we are changing the conversation around personal finance.


Louisville's FES Program to be highlighted in webinar

Louisville's Family Economic Success Program and other financial empowerment initiatives and collaborations happening in our community will be highlighted in a November webinar from the Cities for Financial Empowerment Coalition. Learn more and register for the webinar here.


You're invited!

Your Money, Your Goals: A Financial Empowerment Toolkit for Social Services Programs

WHEN: Tuesday, November 19, 9:00 AM – 4:00 PM

WHERE: Metro United Way, Community Room (334 E. Broadway)

Registration is $10. Lunch and drinks will be provided.

Click here to learn more and register:

Read more: the impacts of saving

Opening a checking account can have many positive effects on an adult's financial stability. But what about children? Back in September, the Louisville branch of the Federal Reserve Bank of St. Louis hosted Leigh Phillips, director of the San Francisco Office of Financial Empowerment, who discussed her city's Kindergarten to College child savings program. Leigh's insights were inspiring! 

Why savings accounts? A January 2010 study published by the Center for Social Development at the George Warren Brown School of Social Work at Washington University in St. Louis found that children who have college savings accounts are almost seven times more likely to attend college than children without an account. Having a savings account, the study found, was a better predictor of whether a child would attend college than race or parents’ net worth. Read the full article here...

Don't miss it!

PNC Mortgage presents Bringing You Home: a workshop to help you take the first steps towards homeownership. This free homebuyers workshop includes special breakout sessions, lunch, and a drawing for a $1000 Lowe's gift card. Learn why now may be a good time to buy a home, hear from your Louisville neighbors about their recent homebuying experience, and more.
Saturday, November 9, 10:00am - 2:00pm, Kentucky International Convention Center.
Registration required. Click here for more information and to register.