Notes from the Executive Committee
Happy Spring! Did you know that, since 2010, Bank On Louisville has helped Metro residents open over 12,000 new banking accounts? And our work continues to grow.
This month, we give a special welcome to Bank On Louisville's new banking and community partners joining in our mission:
If you're interested in joining Bank On Louisville as a financial, faith-based, non-profit, or employer partner, we want to hear from you! And if you're already a partner, keep an eye out for upcoming messages on how you can strengthen your relationship with Bank On Louisville.
This year, we look foward to furthering our strategic goal of enhancing community economic well-being, through initiatives to encourage direct deposit and savings, as well as through stronger coordination of community resources via a network of financial empowerment activity providers. We are also working to create a sustainable, funded infrastructure to support Bank On Louisville's efforts. Stay tuned for updates!
Start Fresh is Bank On Louisville's FREE workshop for individuals who have negative (non-fraud) banking histories or who are banking for the first time. Those completing the class have the opportunity to open a Second Chance account with one of Bank On's bank and credit union partners.
The next class will be on April 9, 5-7pm, at the Main Library, with free childcare and kids' financial education activities provided! Click here for RSVP information.
Unclaimed Tax Returns from 2009
Refunds totaling just over $917 million may be waiting for an estimated 984,400 taxpayers who did not file a federal income tax return for 2009. However, to collect the money, a return for 2009 must be filed with the IRS no later than Monday, April 15, 2013. The IRS estimates that half the potential refunds for 2009 are more than $500. Read the original IRS announcment.
CFPB: Making markets work for all Americans
The Consumer Financial Protection Bureau offers several user-friendly resources to protect consumers and help consumers be knowledgable and protect themselves, whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products. We hope you will share these resources or order CFPB publications to share with your clients or your company.
- To file a complaint about consumer financial products or services (mortgages, credit cards, student loans, bank accounts, credit reporting, auto loans, and more), visit the CFPB Consumer Response Center online, or call 855.411.CFPB (2372). The CFPB call center offers assistance in 190 languages, as well as for consumers who are deaf, have hearing loss, or have speech disabilities. Click here for further instructions.
- Make your voice heard! To share a story – positive or negative – about your experience with a consumer financial product or service, click here.
- Learn more! To find answers to questions about consumer finance, use the Ask CFPB tool.
- Get the information you need to make informed decisions about paying for college. The Paying for College page will help you compare costs, make a plan for repaying student debt, and more.
Additionally, the CFPB has asked the Corporation for Enterprise Development (CFED) for recommendations on how to curb predatory lending. Share your ideas to be included in CFED's report to the CFPB.