December 10 2009 Ycabc Minutes

(December 10, 2009)

Present: Jim Colepaugh (EPIC), Dave Gilbreath (CCCSYV), Steve Houghton (AARP), Luz Gutierrez (RCDR), David Hacker (Yakima County), Lindsay Jacobson (EPIC Vista), Sylvia Martinez (IRS), Amy Peters (People for People), Lance Stephens (UW), Bill Stevens (AARP)

Call to Order: Dave Gilbreath called the meeting to order at approximately 9:30AM.

Minutes Review/Approval: The November 12, 2009 minutes were unanimously approved as submitted.

EITC Committee Update: The launch of the 2010 EITC program is scheduled for Jan 29-30 at the Morning Star Church. Michele stated that Amy Peters, People for People, has agreed to help with EITC promotion. Sylvia pointed out that the IRS web site has an EITC section that has some ideas on campaign themes and other aspects of promotion that might be helpful. Plans have been made for 2-1-1 to schedule some appointments for Morningstar, Zillah and Selah. We are working on a Mayor’s proclamation indicating Jan 29th as EITC Awareness Day.

Bank on Yakima County Planning Committee: The Bank on Yakima County Planning Committee had a very productive meeting on Dec 9, 2009, with representatives from six banks/credit unions attending. The group reviewed the criteria from the Seattle/King County program to see if we are missing anything in our bank on efforts. A draft matrix of services has been drafted and continues to be refined. This matrix summarizes the balance requirements (if any) for checking and savings accounts; what alternate ID’s are accepted; fees for NSF/OD and the financial institution’s policy on how Chex System impacts ability to open/maintain an account. Several other promotional items are in process, including a tri-fold pamphlet that describes the bank on program, services provided and which banks and credit unions are participants. There was a discussion of when and how to roll out the bank on concept to non-profit organizations whose clients could benefit from this program. A February rollout was recommended. An important part of the last meeting was development of small work groups to address specific issues. The resulting sub committees included: Operations and Training; Tracking; Marketing; and Financial Literacy. The committee reviewed several logo ideas developed by students at Perry Technical. After a brief discussion, the coalition agreed we should pay the designer a $100.00 stipend for the time, energy and creativity required to produce the winning logo. The next meeting of the Bank on Yakima County Planning Committee is Jan 12, 2010 at 7:30AM at the Catholic Credit Union.

VISTA Application: Lindsay recently placed an ad in the Yakima Herald which has generated calls from over two dozen interested people. Many of the callers aren’t familiar with the Americorps VISTA program and, therefore, aren’t viable candidates. Lindsay’s upcoming vacancy is also posted on the Americorps VISTA web site, eGrants. So far, two people have responded to the eGrants posting. Dave and Lindsay will interview qualified candidates over the next two weeks. We hope to have someone hired and in place in January 2010.

Review of WABC Legislative Priorities: There was a brief discussion of the proposed legislative priorities of the Washington State Asset Building Coalition for the 2010 legislative year. These include:
• Bank on Washington Initiative
• Eliminate/Modify Asset Limits (to encourage saving for the future)
• Increase and Strengthen Financial Literacy Education
• Increase Mortgage Protection for Borrowers at Risk of Foreclosure
• Fund Individual Development Accounts
• Create College Savings Incentive/Children Savings Accounts

Farewell to Lindsay Jacobson: This was Lindsay’s last meeting as the EPIC VISTA employee for the Yakima County Asset Building Coalition. Dave took several minutes to summarize Lindsay’s important contributions to the YCABC over the past year and everyone wished Lindsay well.

The meeting adjourned at 10:30AM. The next meeting is scheduled for January14 at 9:30 AM in the EPIC Fireside Room.

Recorded by,

Lindsay Jacobson
Americorps VISTA