Workshop on IDAs for Credit Unions

[Community Development Banking List]

Original message from: deirdre@alternatives.org


National Federation of Community Development Credit Unions

Federation Announces Bonus Pre-Conference Workshop
A New Look at Individual Development Accounts for Credit Unions

Contact: Rafael O. Morales, Public Affairs Officer 212-809-1850, ext. 206
<mailto:rmorales@cdcu.coop>rmorales@cdcu.coop

The National Federation of Community Development Credit Unions
(Federation) is pleased to announce a special workshop that takes a fresh
look at how Individual Development Accounts (IDAs) can benefit credit
unions and their members. The workshop will be offered by the federal
Assets for Independence (AFI) program, which currently provides IDA
matching grants to more than 200 IDA programs across the country. It will
be held immediately prior to the launch of the 5th Latino Credit Union
Conference on June 11, 2008, part of the Federation's 34th Annual
Conference on Serving the Underserved (June 11-14, 200 in Dallas, Texas.

Individual Development Accounts (IDAs) are matched savings accounts that
help low-income individuals acquire a first home, capitalize a small
business, or invest in higher education or training. Long known as an
effective anti-poverty strategy for low-income individuals and families,
IDAs are now gaining recognition as a powerful tool for community
development as well. This workshop will highlight some important benefits
that IDA programs bring to their communities, and examine how IDA programs
can help credit unions build community assets, develop new partnerships,
and attract new members.

The workshop will be facilitated by Deirdre Silverman, Director of
Community Programs for Alternatives Federal Credit Union in Ithaca, New
York, and Terry Ratigan, who coordinates the Federation's technical
assistance for IDA programs across the country.


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Workshop Details

Credit Union IDAs: A New Look
Wednesday, June 11, 2008 - 9:00 a.m. – 1:00 p.m.

Westin City Center Dallas
650 North Pearl Street
Dallas, Texas 75201
T (214) 979-9000 | F (214) 953-1931

The workshop is offered free of charge, but registration is required. To
register online visit:
<http://www.zoomerang.com/Survey/?p=W...EB227P747CCBR.



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For more information about this workshop or to register by email, please
contact Terry Ratigan at the Federation:
<mailto:tratigan@cdcu.coop>tratigan@cdcu.coop.

For more information about the 34th Annual Conference on Serving the
Underserved and 5th Latino Credit Union Conference, visit the Federation's
website: <http://www.cdcu.coop>www.cdcu.coop.

***
The National Federation of Community Development Credit Unions (Federation)
represents more than 230 community development credit unions (CDCUs)
serving urban and rural low-income communities across the United
States. The Federation also represents 46 Community Development Partners,
some of the nation's largest credit unions with a special commitment to
serving low-income communities. Founded in 1974, the Federation is
headquartered in Lower Manhattan with offices in Madison, WI; Colorado
Springs, CO; and Lexington, KY. The Federation offers a wide range of
advocacy, educational, training, investment, marketing, and outreach
programs to support and assist CDCUs. For more information about the
Federation and its programs, please visit:
<http://www.cdcu.coop>www.cdcu.coop.


Deirdre Silverman, Director of Community Programs
Alternatives Federal Credit Union
125 N. Fulton Street, Ithaca, NY 14850
phone (607) 216-3416 fax (607) 277-6391
dsilverman@alternatives.org www.alternatives.org