Presented by Oregon Jump$tart and the Federal Reserve Bank of San Francisco

Sponsored by JP Morgan Chase, Maps Credit Union and Oregon Bankers Association

The third biennial Financial Education Summit brings together a variety of individuals and organizations dedicated to enhancing the financial literacy of Oregonians.  At the summit Oregon Jump$tart features multiple ways for organizations to highlight and market their financial literacy programs. In addition, outcomes of the summit set the agenda for financial education initiatives for the coming two years. Participants representing government, nonprofits, financial services companies and other organizations will gather to build upon their current efforts, identify problems and solutions, and hear from state leaders on the future of financial education. 

Oregon State Treasurer, Ted Wheeler, will join us as our featured speaker. In addition, the afternoon session will be dedicated to exploring the creation of a Bank On Oregon initiative (background information on Bank On below).

Agenda

Bank On Oregon

It is estimated that the average unbanked household spends $800 to $1,000 each year just to conduct the financial business of cashing checks and paying bills. While this is a lot of money to most people, it is more of a burden on people of low income. We know that tens of thousands of our neighbors here in Oregon deplete rather than preserve their money, because they lack the most basic financial tool – a bank account. Getting a bank account helps struggling families to build savings and assets, or to respond to emergencies. “Bank On” is one of the fastest growing programs to address issues of households operating on the financial fringe across the country. Bank On programs are local or state-wide, and are collaborative efforts of public, private and non-profit institutions committed to creating affordable access to financial services for the unbanked.