Community Development

2011

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Advancing Workplace Savings Initiatives

Fri., July 15, 2011
9:30 a.m. - 2 p.m.

Richmond Office, Richmond, Va.

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Overview

The Richmond Fed and the Four-State Savings Partnership will host a workshop on Advancing Workplace Savings Initiatives to encourage employers to offer greater savings opportunities for employees. Opportunities to partner with nonprofit agencies providing financial education and counseling services will also be explored.

Featured speakers include:
• Rebecca Tippett, PhD., Weldon Cooper Center for Public Service discussing her research on asset adequacy and the need for savings, as well as, information from her recently released research on “Undermining Economic Securing: Use of Alternative Financial Services in Virginia.”

• Luncheon keynote speaker, Reid Cramer, Director of Asset Building, New America Foundation, will present findings from a program to promote automatic workplace savings with 6 employers and 5 banking and credit union partners.

• Four-State Savings Partnership representatives from: The Collaborative and MDC Inc. (NC), KISRA (WV), SC Association of CDCs, VA-Department of Housing and Community Development and Virginia Community Capital.

The Four State Savings Partnership is a collaboration funded by the Mary Reynolds Babcock Foundation to foster and promote savings and wealth creation for low-wealth people in NC, SC, WV and VA.

Audience

Employers, municipalities, nonprofit organizations and educational institutions interested in advancing workplace savings programs to help Virginia's working families build economic security.