From Heidi at Oweesta.org Mon Feb 1 11:23:25 2010 From: Heidi at Oweesta.org (Heidi Davis) Date: Mon, 1 Feb 2010 09:23:25 -0700 Subject: [NFEC Update] Webinar: "Native Youth Financial Education Programs" - February 16, 2010, 12-2pm MST Message-ID: <82182B01DBD600448F4C7D2631BA1BFEB6786A@SERVER1.fnoc.internal> NATIVE YOUTH FINANCIAL EDUCATION PROGRAMS February 16, 2010, 12-2pm MST l Webinar Submission deadline for applications is February 10, 2010. Applications must be submitted to Adrianne Brave Heart by email to adrainne at oweesta.org or by fax to 605-342-3771. On February 16, 2010, 12-2pm MST, Oweesta will deliver an introductory webinar designed to help Native organizations determine if starting a youth financial education program is appropriate for their organization and community. A panel of national and grassroots practitioners who currently run successful youth programs will provide an overview of effective youth products and services as well as the benefits and time requirements of starting a youth financial education program. Topics of Discussion will include the following: * Sharing the Challenges and Successes of Their Program * Best Practices * Target Markets * Program Design * Partners * Funding * Visions for the Future * Q & A For more information, contact Vickie Oldman-John with Oweesta at vickie at oweesta.org or 505-896-6786. Oweesta welcomes representatives from First Peoples Youth Entrepreneurship Camp, Four Bands Community Fund, and the Junior Achievement Native Initiative as our panelists. Panel discussion will be moderated by Oweesta's Director of Financial Education & Asset Building, Vickie Oldman-John, and will be followed by Q&A. Submission deadline for applications is February 10, 2010. Applications must be submitted to Adrianne Brave Heart by email to adrainne at oweesta.org or by fax to 605-342-3771. The webinar session will be delivered via GotoWebinar. Dial-up information will be sent to all registered participants prior to the start of the webinar. The webinar is free of charge and designed with an emphasis on Native programs, but is open to other institutions serving Native people. "Other institutions serving Native people" include: Tribes, Tribal agencies (such as housing authorities), Tribal colleges, Native nonprofit organizations, and Community development organizations with experience and expertise in delivering financial services and products in Native communities. This webinar is offered through the Expanding Native Opportunities: Native Financial Skills Initiative, a comprehensive training and technical assistance program to help Native communities design and implement financial education programs. This initiative is fully funded by the Community Development Financial Institutions (CDFI) Fund of the U.S. Department of the Treasury. 910 5th Street, Suite 101 * Rapid City, SD 57701 * tel (605) 342-3770 * www.oweesta.org -------------- next part -------------- An HTML attachment was scrubbed... URL: /pipermail/nfec_lists.nfec.info/attachments/20100201/31df03bf/attachment-0001.html -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/jpeg Size: 2885 bytes Desc: image001.jpg Url : /pipermail/nfec_lists.nfec.info/attachments/20100201/31df03bf/attachment-0002.jpe -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/jpeg Size: 2631 bytes Desc: image002.jpg Url : /pipermail/nfec_lists.nfec.info/attachments/20100201/31df03bf/attachment-0003.jpe From Vickie at Oweesta.org Wed Feb 3 10:43:35 2010 From: Vickie at Oweesta.org (Vickie Oldman-John) Date: Wed, 3 Feb 2010 08:43:35 -0700 Subject: [NFEC Update] Asset Building Program Message-ID: <82182B01DBD600448F4C7D2631BA1BFEB67A6A@SERVER1.fnoc.internal> New America Research Read more about the Asset Building Program's most recent research, writing, and policy updates: Automating Savings in the Workplace: Insights from the AutoSave Pilot Alejandra Lopez-Fernandini with Caroline Schultz of MDRC | January 2010 The Asset Building Potential of Shared Equity Homeownership Rick Jacobus, NCB Capital Impact & John Emmeus Davis, Burlington Associates in Community Development | January 2010 Ah?hee' (thank you), Vickie Vickie K. Oldman-John, MSW Director of Financial Education & Asset Building Oweesta Corporation 910 Fifth Street, Suite 101 Rapid City, SD 57701 (P) (505) 896-6786 (F) (605) 342-3771 vickie at oweesta.org www.oweesta.org www.nfec.info www.ournativecircle.org Celebrating 10 Years of Investing in Native Opportunity! -------------- next part -------------- An HTML attachment was scrubbed... URL: /pipermail/nfec_lists.nfec.info/attachments/20100203/74cea3bf/attachment-0001.html -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/jpeg Size: 4863 bytes Desc: image001.jpg Url : /pipermail/nfec_lists.nfec.info/attachments/20100203/74cea3bf/attachment-0001.jpe From adrianne at Oweesta.org Wed Feb 10 10:35:14 2010 From: adrianne at Oweesta.org (Adrianne Brave Heart) Date: Wed, 10 Feb 2010 08:35:14 -0700 Subject: [NFEC Update] Now Accepting Applications for AFI Message-ID: <82182B01DBD600448F4C7D2631BA1BFEB67EB1@SERVER1.fnoc.internal> How to Apply The Office of Community Services is accepting applications for funding new AFI projects now! Applicants may submit application materials at any time throughout the year. OCS will review and fund new grants in three cycles annually in calendar year 2010. The application receipt dates are as follows. OCS must receive the applications no later than 4:30 p.m. Eastern Standard Time on the receipt date. Winter Cycle -- January 15, 2010 Spring Cycle -- March 25, 2010 Summer Cycle -- June 25, 2010 Key Documents and Information for Applicants AFI Resource Center -- Request an application kit and ask your questions! Send an email note to info at idaresources.org or give us a call on 866-778-6037. Assets for Independence Program Funding Opportunity Announcement HHS-2008-ACF-OCS-EI-0053 -- The official request for proposals that describes the Assets for Independence Program and application requirements. As originally published, the announcement did not include information about the Summer funding cycle. Adrianne Brave Heart Financial Education & Asset Building Specialist Oweesta Corporation 910 5th St. Suite 101 Rapid City, SD 57701 adrianne at oweesta.org Phone: 605-342-3770 Fax: 605-342-3771 www.oweesta.org www.nfec.info www.ournativecircle.org "Developing Native Assets ~ Building Native Communities" Celebrating 10 Years of Investing in Native Opportunity! -------------- next part -------------- An HTML attachment was scrubbed... URL: /pipermail/nfec_lists.nfec.info/attachments/20100210/9d2ad515/attachment-0001.html -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/gif Size: 3548 bytes Desc: image001.gif Url : /pipermail/nfec_lists.nfec.info/attachments/20100210/9d2ad515/attachment-0001.gif From april.skinas at gmail.com Tue Feb 2 11:24:41 2010 From: april.skinas at gmail.com (april skinas) Date: Tue, 2 Feb 2010 08:24:41 -0800 Subject: [NFEC Update] Federal Reserve Board Ruling Implements Greater Protection for Credit Consumers In-Reply-To: <1e549cf71002011030q617e1f4bs4c9cdc297ed7c7fc@mail.gmail.com> References: <82182B01DBD600448F4C7D2631BA1BFEB6763E@SERVER1.fnoc.internal> <1e549cf71002011030q617e1f4bs4c9cdc297ed7c7fc@mail.gmail.com> Message-ID: *The banks out smarted them, they raised all the credit cards interest rate already, as they new that the new law was coming in Feb 1. Fed should have hit them months ago, it hasn't done any thing for the consumer, they also dropped a lot of people with credit cards that payed them off monthly. * On Mon, Feb 1, 2010 at 10:30 AM, Willie Sandoval wrote: > FYI... > > Good read about new ruling for credit card holders. > > ---------- Forwarded message ---------- > From: Heidi Davis > Date: Thu, Jan 28, 2010 at 1:04 PM > Subject: [NFEC Update] Federal Reserve Board Ruling Implements Greater > Protection for Credit Consumers > To: circleup at lists.ournativecircle.org, nfec at lists.nfec.info > > > The Federal Reserve Board on Tuesday approved a final rule amending > Regulation Z (Truth in Lending) to protect consumers who use credit cards > from a number of costly practices. Credit card issuers must comply with most > aspects of the rule beginning on February 22. > > "This rule marks an important milestone in the Federal Reserve's efforts to > ensure that consumers who rely on credit cards are treated fairly," said > Federal Reserve Governor Elizabeth A. Duke. "The rule bans several harmful > practices and requires greater transparency in the disclosure of the terms > and conditions of credit card accounts." > > Among other things, the rule will: > > - Protect consumers from unexpected increases in credit card interest > rates by generally prohibiting increases in a rate during the first year > after an account is opened and increases in a rate that applies to an > existing credit card balance. > - Prohibit creditors from issuing a credit card to a consumer who is > younger than the age of 21 unless the consumer has the ability to make the > required payments or obtains the signature of a parent or other cosigner > with the ability to do so. > - Require creditors to obtain a consumer's consent before charging fees > for transactions that exceed the credit limit. > - Limit the high fees associated with subprime credit cards. > - Ban creditors from using the "two-cycle" billing method to impose > interest charges. > - Prohibit creditors from allocating payments in ways that maximize > interest charges. > > In December 2008, the Federal Reserve adopted final regulations prohibiting > unfair credit card practices and improving the disclosures consumers receive > in connection with credit card accounts. This rule amends aspects of those > regulations to implement provisions of the Credit Card Accountability > Responsibility and Disclosure Act of 2009 (Credit Card Act), which was > enacted in May 2009. > > The final rule represents the second stage of the Federal Reserve's > implementation of the Credit Card Act. On July 15, 2009, the Board issued an > interim rule implementing the provisions of the Credit Card Act that went > into effect on August 20, 2009. In addition to finalizing that interim rule, > this rule implements the provisions of the Credit Card Act that go into > effect on February 22, 2010. The remaining provisions of the Credit Card Act > go into effect on August 22, 2010 and will be implemented by the Federal > Reserve at a later date. > > Consumers can learn more about changes to their credit card accounts by > accessing a new online publication. "What You Need to Know: New Credit > Card Rules." > It explains key changes consumers can expect from their credit card > companies as a result of the new rules. The Board plans to release > additional "What You Need to Know" publications in conjunction with other > major rulemakings. > > > > Vickie > > Vickie K. Oldman-John, MSW > > Director of Financial Education & Asset Building > > *Oweesta Corporation* > > 910 Fifth Street, Suite 101 > > Rapid City, SD 57701 > > *(P)* (505) 896-6786 > > *(F)* (605) 342-3771 > > vickie at oweesta.org > > www.oweesta.org > > www.nfec.info > > www.ournativecircle.org > > *Celebrating 10 Years of Investing in Native Opportunity!* > > > > _______________________________________________ > NFEC mailing list > NFEC at lists.nfec.info > http://lists.nfec.info/mailman/listinfo/nfec_lists.nfec.info > > > > > -- > Willie Sandoval > Sandoval Consulting Services > (562) 881-8792 Cell Phone > sandoval.willie at gmail.com > -------------- next part -------------- An HTML attachment was scrubbed... URL: /pipermail/nfec_lists.nfec.info/attachments/20100202/47a21d66/attachment.html From adrianne at Oweesta.org Thu Feb 11 11:54:58 2010 From: adrianne at Oweesta.org (Adrianne Brave Heart) Date: Thu, 11 Feb 2010 09:54:58 -0700 Subject: [NFEC Update] Upcoming MFEC Conference Agenda Message-ID: <82182B01DBD600448F4C7D2631BA1BFEB68024@SERVER1.fnoc.internal> Email not displaying correctly? View it in your browser. Click here for more conference information. Knowing that you are personally committed to financial education for all Montanans and families across the Northern Plains region, I wanted to personally invite you to attend the Montana Financial Education Coalition conference February 23, 2010 in Helena, MT. Please take a moment to review the below agenda. Whether you are working to build assets, increase consumer awareness, working with youth and teens, or seniors the conference tracks take a comprehensive approach to sharing best practices and ways to build your programs. The mini-grants at the conference end allow you the ability to obtain the funding to implement what you've learned or augment your own program. I look forward to seeing you there! Jolene Bach MFEC President You can register and find additional information at www.mtmfec.org We will begin the evening before with a Celebration Dinner with a welcome by Mr. Jim Malloy from the MT Attorney General's Office, special awards to some exceptional people who have propelled financial education in our state, and a key note address by the hosts of the hit PBS TV series Money Track. Seats are limited to this event. 2010 MFEC Statewide Financial Education Conference & Resource Fair Building a Money $avvy Montana AGENDA 8:30 a.m. Welcome Jolene Bach, MFEC President 8:45 a.m. Keynote Presentation Pam Krueger and Jack Gallagher from the PBS syndicated TV show "Money Track" 9:45 a.m. Concurrent Resource Workshops Elementary and Middle School Students Money $avvy Kids Presented by Roubie Younkin, Montana State University Extension, Valley County Teens Facing Credit Presented by Eric Lindeen, Zoot Enterprises, and Larry Kahn, Credit QA Adults You and Your Money Presented by Heidi Knudson, Altana Federal Credit Union 10:30 a.m. Break 10:45 a.m. Concurrent Resource Workshops General Choices, Choices, Choices! Presented by Karen Smith, Montana Credit Unions for Community Development Youth and Adults Free to Choo$e Presented by Galen Amy and Claudine Maroon, Community Action Partnership of NW MT Adults How to Host a Volunteer Income Tax Assistance (VITA) Site Presented by Wendi Castle, Internal Revenue Service 11:30 a.m. Lunch Keynote Presentation by Denise Juneau - Superintendent, Montana Office of Public Instruction 1:30 p.m Concurrent Resource Workshopsz Elementary and Middle School Students Biz Kid$ Presented by Heidi Knudson, Altana Federal Credit Union Teens Choice and Chance Finance Presented by Molly Rose Fehringer, First Interstate Foundation Adults and Family Building a Community Prosperity Club Presented by Lynda Sowell, Rural Dynamics, Inc. 2:15 p.m. Concurrent Resource Workshops General Facilitating Financial Education: Training the Trainer Presented by Jolene Bach, Rural Dynamics, Inc. Teens and Adults Building Native Communities: Financial Skills for Families Presented by Elva Dorsey, Browning Community Development Corporation Seniors Preventing Financial Exploitation of the Elderly and Disabled Presented by Denise Armstrong, Big Sky Senior Services 3:00 Break 3:15 The Power of Partnerships A panel discussion moderated by Dr. Marsha Goetting, Professor and Extension Family Economics Specialist, Dept. of Agricultural Economics & Economics, MSU * Gary Owen, United Way of Cascade County * Karen Smith, Montana Credit Unions for Community Development * Galen Amy and Claudine Maroon, Community Action Partnership of NW Montana 4:00 MFEC Mini-Grant Application Overview to Support Community Programs Q & A Session and Concluding Remarks 4:30 Networking with Resource Providers and Mini-Grant Application Assistance Our hope is that you leave today with great ideas for implementing financial education initiatives in your Montana communities! Montana Financial Education Coalition * www.mtmfec.org Adrianne Brave Heart Financial Education & Asset Building Specialist Oweesta Corporation 910 5th St. Suite 101 Rapid City, SD 57701 adrianne at oweesta.org Phone: 605-342-3770 Fax: 605-342-3771 www.oweesta.org www.nfec.info www.ournativecircle.org "Developing Native Assets ~ Building Native Communities" Celebrating 10 Years of Investing in Native Opportunity! -------------- next part -------------- An HTML attachment was scrubbed... URL: /pipermail/nfec_lists.nfec.info/attachments/20100211/81fbdcfa/attachment-0001.html -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/jpeg Size: 25654 bytes Desc: image001.jpg Url : /pipermail/nfec_lists.nfec.info/attachments/20100211/81fbdcfa/attachment-0001.jpe -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/gif Size: 3548 bytes Desc: image002.gif Url : /pipermail/nfec_lists.nfec.info/attachments/20100211/81fbdcfa/attachment-0001.gif From Vickie at Oweesta.org Fri Feb 12 13:46:52 2010 From: Vickie at Oweesta.org (Vickie Oldman-John) Date: Fri, 12 Feb 2010 11:46:52 -0700 Subject: [NFEC Update] MT Financial Education Conference Agenda Message-ID: <82182B01DBD600448F4C7D2631BA1BFEB68192@SERVER1.fnoc.internal> Please share with others who will benefit from the conference. At the Serve MT Symposium there was a lot of interest expressed but many had not heard of it until then. Your help is needed to get this out to as many as possible so that we may increase the value of these conversations and build strong connections across our state. Ah?hee' (thank you), Vickie Vickie K. Oldman-John, MSW Director of Financial Education & Asset Building Oweesta Corporation 910 Fifth Street, Suite 101 Rapid City, SD 57701 (P) (505) 896-6786 (F) (605) 342-3771 vickie at oweesta.org www.oweesta.org www.nfec.info www.ournativecircle.org Celebrating 10 Years of Investing in Native Opportunity! -------------- next part -------------- An HTML attachment was scrubbed... URL: /pipermail/nfec_lists.nfec.info/attachments/20100212/fd2b6531/attachment-0001.html -------------- next part -------------- A non-text attachment was scrubbed... Name: image002.gif Type: image/gif Size: 49 bytes Desc: image002.gif Url : /pipermail/nfec_lists.nfec.info/attachments/20100212/fd2b6531/attachment-0001.gif From Vickie at Oweesta.org Fri Feb 12 19:12:22 2010 From: Vickie at Oweesta.org (Vickie Oldman-John) Date: Fri, 12 Feb 2010 17:12:22 -0700 Subject: [NFEC Update] U.S. Departments of Treasury and Education Update Message-ID: <82182B01DBD600448F4C7D2631BA1BFEB681F4@SERVER1.fnoc.internal> Dear Colleague, In December 2009, Treasury Secretary Tim Geithner and Education Secretary Arne Duncan announced the National Financial Capability Challenge. They said that along with getting the economy back on track and getting smarter about financial regulation, we also need to make sure all Americans - but especially our youth - get the financial education they need to help them take responsibility for their financial futures. Treasury and Education are committed to working together on this issue. The Challenge - an awards program for educators and high schools students that aims to encourage the teaching of personal finance - is our first step in a new partnership. An earlier version of the Challenge was organized by Treasury under the previous administration, and this expanded effort builds on that success. Our goal is to get one million high school students to take the Challenge, which includes a voluntary online exam, by April 9, 2010. To make that happen, we'll need thousands of educators from across the country to register and get their students prepared. Two thousand educators have already signed up. It's a good start, but we have a long way to go. We're writing to ask for your help. Will you please support our effort to reach out to high school teachers - and other educators working with high school students age 13-19, such as librarians, youth group leaders, and after-school program staff - to encourage them to sign up for the Challenge at challenge.treas.gov by March 14? We're encouraging educators to take these steps: 1. View the video message from Secretary Duncan 2. Register for the Challenge by March 14th 3. Recruit their colleagues to participate (flier available here) 4. Prepare their students (using the free educator toolkit or their own resources) 5. Administer the online exam one day between March 15th and April 9th 6. Present official (printable) awards certificates to high-scoring students All participating educators will receive personalized awards certificates, and educators in states with the highest participation rates will earn special distinction. Please consider taking these steps as an outreach partner: * Send a custom message directly to educators and/or people who work with them * Contact influential individuals who could help recruit educators to participate * Include a link to the National Financial Capability Challenge website on your own site * Include the Challenge in your organization's social networking (Facebook, Twitter, etc.) * Talk about the Challenge during speaking engagements * Create additional incentives to encourage educators to participate * Offer instructional support to educators new to this topic (e.g. linking them with local experts) Thank you for your support. Sincerely, Michelle Greene Deputy Assistant Secretary for Financial Education and Financial Access U.S. Department of the Treasury Matthew Yale Deputy Chief of Staff U.S. Department of Education -------------- next part -------------- An HTML attachment was scrubbed... URL: /pipermail/nfec_lists.nfec.info/attachments/20100212/7e7dae9c/attachment-0001.html -------------- next part -------------- A non-text attachment was scrubbed... Name: national financial capability challenge 2010 (2).pdf Type: application/pdf Size: 179455 bytes Desc: national financial capability challenge 2010 (2).pdf Url : /pipermail/nfec_lists.nfec.info/attachments/20100212/7e7dae9c/attachment-0001.pdf From Vickie at Oweesta.org Sat Feb 13 09:15:17 2010 From: Vickie at Oweesta.org (Vickie Oldman-John) Date: Sat, 13 Feb 2010 07:15:17 -0700 Subject: [NFEC Update] February 18th - Assets for Independence Question and Answer Call Message-ID: <82182B01DBD600448F4C7D2631BA1BFEB681F7@SERVER1.fnoc.internal> Due to your previous interest in the Assets for Independence (AFI) Program, the AFI Resource Center wanted to make you aware of an upcoming AFI Question and Answer Call for Prospective Grantees conference call next Thursday, February 18, 2010 at 1:00 p.m. Eastern. Please note that the correct date for the conference call is Thursday, February 18th. We look forward to speaking with you and answering all of your AFI questions! Designed for prospective grantees and their partners, this interactive call allows participants to ask questions from AFI Resource Center staff and expects on AFI program requirements and application guidelines and procedures. Register online now to participate in next week's conference call to learn move about AFI application requirements and procedures from AFI Resource Center Staff. If you cannot make next week's call, you can view the complete schedule of upcoming webinars and conference calls online at the AFI Calendar of Events webpage. AFI is the largest Federal funding source for Individual Development Account (IDA) programs. The AFI program provides funding for non-profit organizations, qualified state and local governments, community development credit unions, and other community-based organizations to provide IDAs for qualified individuals in their area. Each participant sets up an individual savings account that receives matched funding from the federal government and another source. The funds can be used for furthering education, purchasing a home, or starting a business. More information on the AFI program is available online at: http://www.acf.hhs.gov/assetbuilding/ or http://idaresources.org/ or by contacting the AFI Resource Center by emailing info at idaresources.org or by calling 1-888-778-6037. Ah?hee' (thank you), Vickie Vickie K. Oldman-John, MSW Director of Financial Education & Asset Building Oweesta Corporation 910 Fifth Street, Suite 101 Rapid City, SD 57701 (P) (505) 896-6786 (F) (605) 342-3771 vickie at oweesta.org www.oweesta.org www.nfec.info www.ournativecircle.org Celebrating 10 Years of Investing in Native Opportunity! -------------- next part -------------- An HTML attachment was scrubbed... URL: /pipermail/nfec_lists.nfec.info/attachments/20100213/fffd83bc/attachment.html -------------- next part -------------- A non-text attachment was scrubbed... Name: not available Type: image/jpeg Size: 4863 bytes Desc: image001.jpg Url : /pipermail/nfec_lists.nfec.info/attachments/20100213/fffd83bc/attachment.jpe