FICO and Northwest Area Foundation Offer Nonprofit Scholarships to Attend Credit Building Symposium
For the third year in a row, the scholarships offered by the
Asian Economic Development Association -St Paul, MN Bii Gii Wiin Community Development Loan Fund -Minneapolis, MN Build Wealth MN, Inc. -Minneapolis, MN Emerge Community Development -Minneapolis, MN - First Ponca Financial-
Grand Island, NE Jannus, Inc. -Boise, ID Latino Economic and Development Center -Minneapolis, MN - Mazaska Owecaso Otipi Financial-
Pine Ridge, SD Montana Community Development Corporation -Missoula, MT - RDI Financial-
Great Falls, MT Taala Fund -Taholah, WA Thunder Valley Community Development Corporation -Porcupine, SD
Joining the scholarship program this year is FICO. The FICO® Score Open Access for Credit and Financial Counseling is a program that enables not for profit credit and financial counseling providers to share FICO® Scores and credit education with their customers. The program increases consumers understanding of FICO® Scores and there importance in everyday financial decisions.
CBA members who have signed up for the open access program were eligible for scholarships to attend the symposium. FICO grant recipients currently include:
- Jamaica Plain NDC-
Jamaica Plain, MA Washington Access Fund -Seattle, WA Mission Asset Fund -San Francisco, CA New York Legal Assistance Group (NYLAG)-New York, NY - Westminster Economic Development Initiative (WEDI)-
Buffalo, NY - Justine PETERSEN Housing and Revitalization-
St Louis, MO - Working Credit NFP-
Chicago, IL Oklahoma Assistive Technology Foundation (OKAT)-Stillwater, OK - Preservation of Affordable Housing (POAH)-
Chicago, IL - MyPath-
San Francisco, CA The Capital Good Fund -Providence, RI - Kentucky Coalition Against Domestic Violence-
Frankfort, KY
Keynote Speakers include:
Suzanne Smith , CEO,Social Impact Architects , presenting onSurvivance- Redefining theNonprofit Way in the 21st Century- Dr.
Bernard Franklin , Assistant Vice President,Kansas State University , presenting on Against All Odds: A College Education John Hope Bryant , founder, chairman and CEO of global financial dignity and economic empowerment nonprofit, Operation HOPE
Panel sessions will revolve around the theme of
- A dialogue with entrepreneurs about their credit challenges and successes
- Credit Scores - New Consumer Developments
- Leveraging Data for
Credit Building and Monitoring - Using Alternative Data to Safely Increase Access to Credit for Traditionally Underserved Minority Groups
Closing out the symposium will be a half day Credit as an Asset training. The workshop will highlight the basics of building credit, the importance of a good credit history and the value of credit reports. Additionally, the workshop will demonstrate how to promote access to responsible financial products and how to respond to consumer credit questions.
"We want to alleviate poverty and bring prosperity to our communities. Credit is essential to attaining that goal. However, consumers need to know how to use credit responsibly," said
To learn more about the symposium, click here.
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SOURCE FICO
Dara Duguay, Credit Builders Alliance, 1.202.888.7588, dara@creditbuildersalliance.org or Christianne Lind, Northwest Area Foundation, 1.651.225.7702, clind@NWAF.org or Chaundera Wolfe, FICO Director Corporate Communications, ChaunderaWolfe@fico.com