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Wednesday, June 1, 2011

Bank On Washington Update

Did you know that there are three established, local Bank On campaigns in Washington? Bank on Seattle King-County, Bank on Cowlitz County, and Bank on Yakima.

There are also fourteen more local Bank On campaigns in the making.

The Washington Asset Building Coalition (WABC) is currently developing a Bank On Washington initiative that will support these local Bank On campaigns and develop efficiencies of scale. Among other things, Bank On Washington will provide financial institution partners with a consistent, streamlined, opportunity for participation.

What's Happening
Since mid-April, WABC has been reaching out to local coalitions and financial institutions, gathering information on top priorities and developing plans for moving the statewide Bank On work forward.

At a May 23 work session, attendees discussed objectives and introduced work teams focused on specific elements of the initiative. The first three work teams are focusing on minimum account and participation standards, data tracking and reporting, and marketing. In July, new work teams will form to focus on training, financial education/community supports and funding.

Get Involved
If you have expertise or interest, please consider joining a work team. Contact Denise Rodriguez, WABC’s Bank On Washington Initiative Manager at or (206) 992-2381. The next All-Partner Bank On Washington meeting will be held at the WABC Conference in Yakima, June 21-22.