Home
Back Back


Members/Affliates

Detroit Financial Institutions Community Development

Flint CRA Bankers Forum

Greater Lansing Area CRA Association

Macomb County CRA Association

Oakland County CRA Association

Saginaw CRA Bankers' Forum

Washtenaw County CRA Association

West Michigan CRA Association
*Fill in all fields below
2012 CRA Joint Meeting & Conference
"Bouncing Back by Working Together" Registration
CRA Member  Yes   No
Which days will you attend?
Golf Scramble - Thursday, June 14th — Ticket Quanity 
Thursday, June 14th — Ticket Quanity 
Friday, June 15th   — Ticket Quanity 
Name 
Company 
Phone# 
Address 
City 
State 
Zip Code 
Email 
Re-Type Email 
      
Upcoming Events

2012 CRA Joint Meeting & Conference
"Bouncing Back by Working Together"
June 14-15, 2012.

Register Early
Log In

1. On the main page of the CRA Bulletin Board, look for "Username"; enter your user name here.

2. Next enter your password in the "Password" field.

3. Optional, you can check the automatic log in box.

4. Press the "Submit" button.

5. Once you are logged-in you will be in the main lobby called "Shop Talk". You will see one forum entitled, "Come On In". Click-on-it.

6. You should see various topics. To view and share just click-on the topic.

To Register

1. On the main page of the CRA Bulletin Board, midway down the screen, on the left-hand side look for "LOGIN • REGISTER".

2. Click-on "REGISTER".
(It will take you to the "Terms and Agreement" page)

3. Select "I agree to these terms" button.
(The next page you will see is the "Bulletin Board - Registration" page)

Complete the form, it is self-explanatory.
The same usual suspects: username, email address, password, and so on. To complete the registration make sure you enter the confirmation code, before you press the "Submit" button.

Your form will be submitted to the administrator for validation. You will receive an email granting access once your registration is validated.
Welcome
You are entering CRA's message board or bulletin board. The bulletin board is to used to share information and communicate. Also, you can communicate privately without leaving the board by putting a message in a person's inbox. You will become more intimate with the features, the more you use it. First things first, you have to register.
2012 CRA
Joint Meeting & Conference

"Bouncing Back by Working Together"

June 14 - 15, 2012
Michigan IDA Partnership (MIDAP) provides financial management classes and training for qualified individuals. MIDAP will match every dollar you save up to 3 times by participating in their programs. Click Here for more information
Michigan Department of Education announces its partnership with the member banks of the CRA of Michigan will provide Financial Literacy Programs. Click Here for more information
Community Reinvestment Act Associations of Michigan Committed and Invested in Our Communities for Over 30 years
Finanicial Literacy Programs
The Michigan Department of Education and CRA are providing programs that are geared to erasing illiteracy in managing your money. The programs are designed to teach you to make informed decisions regarding the use and management of money. Below is a table which has a the program's name, targeted audience, and abbreviated program description. Clicking on the program link will give you more information.
Program Name Target Audience Program Description
Money Smart for Young Adults Ages 12 - 20 Learn the basics of handling money and finances
Banking on Our Future Ages 9 - 18 Understand how to utilize banks and credit
Junior Achievement K-12s Learn about entrepreneurship, work readiness, and finance
Learn About Checking Accounts All Ages A guide to managing a checking account
Get Smart About Credit High School Subjects covered are: Becoming Creditworthy, Budgeting, Comparing and Using Credit Cards
Teach Children to Save   The program offers you and your bank a special opportunity to teach today's youth the financial basics
High School Fed Challenge High School An academic competition that provides students grades 9-12 with an insider's view of how the Fed makes monetary policy.
Money Smart Week K12, Adults Annual Money Smart Weeks free educational seminars on everything from creating a budget to saving for retirement.
Program Name Target Audience Program Description
Money Smart for Young Adults Ages 12 - 20 The FDIC’s Money Smart for Young Adults curriculum helps youth ages 12-20 learn the basics of handling their money and finances, including how to create positive relationships with financial institutions. Equipping young people in their formative years with the basics of financial education can give them the knowledge, skills, and confidence they need to manage their finances once they enter the real world.

Money Smart for Young Adults consists ofeight instructor-led modules. Each module includes a fully scripted instructor guide, participant guide, and overhead slides. The materials also include an optional computer-based scenario that allows students to complete realistic exercises based on each module. The curriculum is distributed on CD (see Program Contact Location)
Program Contact Location: www.fdic.gov/consumers/consumer/moneysmart/young.html
OR
Contact your local CRA Member Bank for Technical Assistance

--- Back ---
Program Name Target Audience Program Description
Banking on Our Future Ages 9 - 18 The mission of the Banking on Our Future (BOOF) program is to execute a global delivery system for financial education for youth ages 9-18 at no cost to school districts, with a focus on urban, under-served communities.

The program consists of five modules, I. Basics of Banking and Financial Services, II. Checking & Savings Accounts, III. The Power of Credit, IV. Basic Investments, and V. Dignity that are taught by volunteer HOPE Corp members who are trained to break down their knowledge of banking and credit into terms that youth can understand and utilize immediately.

In addition to financial education, the students are left with a message of empowerment, a message of responsibility, and most important, a message of HOPE
Program Contact Location: www.operationhope.org
OR
Contact your local CRA Member Bank for Technical Assistance

--- Back ---
Program Name Target Audience Program Description
Junior Achievement K - 12 Junior Achievement is the world’s largest organization dedicated to educating students in grades K-12 about entrepreneurship, work readiness and financial literacy through experiential, hands-on programs.

Our programs help prepare young people for the real world by showing them how to generate wealth and effectively manage it, how to create jobs which make their communities more robust, and how to apply entrepreneurial thinking to the workplace. Students put these lessons into action and learn the value of contributing to their communities.
Program Contact Location: www.ja.org/programs/programs.shtml
OR
Contact your local CRA Member Bank for Technical Assistance

--- Back ---
Program Name Target Audience Program Description
Learn About Checking Accounts(Deluxe Checks) All Ages This guide talks about checks.You’ll learn about... How to deposit money. How to write checks. How to keep track of your money
Program Contact Location: www.deluxe.com/miscfiles/deluxe-checking-account-info.pdf
OR
Contact your local CRA Member Bank for Technical Assistance

--- Back ---
Program Name Target Audience Program Description
Get Smart About Credit(American Bankers Association) High School Subjects covered are: Becoming Creditworthy, Budgeting, Comparing and Using Credit Cards, Credit Reports, and Safeguarding Your Personal Information. A program overview will explain the program objectives and system requirements. A summary will review key points. Lesson checks throughout will help you see if key points are remembered and a pre-and-post quiz will indicate if learning has taken place.
Program Contact Location: http://abademo.abaef.com/
OR
Contact your local CRA Member Bank for Technical Assistance

--- Back ---
Program Name Target Audience Program Description
Teach Children to Save(American Bankers Association) High School The Teach Children to Save program offers you and your bank a special opportunity to teach today's youth the financial basics they will need to become responsible young adults.

This program has a proven track record and provides age-appropriate lessons that are EASY to teach and EASY for audiences to comprehend. Lesson plans and activities are neatly grouped by grade level, and the tab dividers keep you organized. Help the next generation learn the important habit of saving!
Program Contact Location: www.aba.com/ABAEF/TCTS_Kit_Contents.htm
OR
Contact your local CRA Member Bank for Technical Assistance

--- Back ---
Program Name Target Audience Program Description
High School Fed Challenge(Federal Reserve Bank of Chicago) High School High School Fed Challenge is an academic competition that provides students grades 9-12 with an insider's view of how the Fed makes monetary policy. The program is designed to encourage students to learn more about economics and about the Federal Open Market Committee (FOMC), the policy-making group that makes interest rate decisions to foster economic strength and stability.
Program Contact Location: http://www.chicagofed.org/education/hsfc.cfm
OR
Contact your local CRA Member Bank for Technical Assistance

--- Back ---
Program Name Target Audience Program Description
Money Smart Week(Federal Reserve Bank of Chicago) K12 - Adult Annual Money Smart Weeks across Illinois, Indiana, Iowa, Michigan, and Wisconsin give consumers the chance to attend free educational seminars on everything from creating a budget to saving for retirement.
Program Contact Location: www.chicagofed.org/education/hsfc.cfm
OR
Contact your local CRA Member Bank for Technical Assistance

--- Back ---
Bank Partners
  • Fifth Third Bank
  • Comerica Bank
  • Charter One Bank
  • Flagstar Bank
  • Chemical Bank
  • Huntington Bank
  • JP Morgan Chase
  • National City
  • Warren Bank
  • Mercantile Bank
  • Holland Bank
Contact Information Donald Jones, Director of Resource Development
Oakland Livingston Human Service Agency (OLHSA)
196 Cesar Chavez Ave. PO Box 430598
Pontiac, MI 48343-0598
(248) 209-2620
donj@olhsa.org
History of MIDAP Funding In 2000 the Michigan Department of Human Services (DHS) approached the Council of Michigan Foundations (CMF) to create a statewide network of programs to deliver effective IDAs. Funding for the pilot phase (2000-2006) came from the DHS Temporary Assistance to Needy Families (TANF) funds, MSHDA Community Development funds, federal Assets for Independence act grants, and from the private sector.

The end of the MIDAP Pilot in 2006 required new ongoing sources of funding be developed that would sustain the program and help it to grow. Michigan bankers through the its CRA Association quickly stepped up and in less than six weeks committed $356,000 to provide continued support for IDAs.* Key leadership was provided by Loretta Smith, Comerica Bank; Byna Elliott, Fifth Third Bank and Donna Murray, Charter One Bank. The bank support in combination with $485,000 from MSHDA and $200,000 from MI DHS leveraged $850,000 in federal funds. The combination of this support meant that 500 new IDA accounts could be opened in 2007.

The fund raising need continues. In order to open 500 new IDA accounts year in and year out total funding of @ $1.4 million must be raised annually. At this time approximately $700,000 has been committed. Additional funding from bank sources and the foundation community is needed by October 1, 2008 in order to submit new federal grant applications.
Michigan’s IDA Successes Since 2001, Michigan has established 5 IDA Regional Coordinated Networks, opened 50 program sites (34 currently funded sites cover 54 counties), and offered more than 1,800 IDAs to Michiganians.

The Michigan model is regarded by the federal Office of Community Services as one of the most cost-effective and efficient program models in the country. When compared to the federal AFI performance indicator targets, MIDAP ranks among the top of the best-performing IDA programs in the country. Nearly 1,700 accounts are filled, and 1,300 of those participants have already completed the program and invested in their assets.

Asset Investments as of March 31, 2008 
Home Ownership Accounts    931    Total Participant Savings    $1,394,492
Education Accounts    246    Total Match Used    $3,886,889
Business Accounts    163     Mortgages Leveraged    $79,323,013
Total Asset Investments    1,340


In addition to the quantitative impact of the growing number of IDA Asset Investments, the program is also having a qualitative impact on its participants including:
  • All graduates indicate they continue to have a savings goal after the program
  • 94%o of graduates continue to create and use household budgets
  • 90% of graduates feel more economically secure
  • 72% of graduates are satisfied with their current financial situation
Michigan IDA Partnership (MIDAP)
What are IDAs? IDA is Individual Development Accounts. An IDA is a matched savings account designed to help low-income families accumulate a few thousand dollars for high return investments in education or job training, homeownership, or microenterprise.

The goal is for participants and their families to change their attitude and relationship to money, by completing financial management classes and training related to their asset goal and saving regularly in their IDA. Their savings of up to $1,000 are matched at a ratio of 3:1 for a home purchase and 2:1 for post-secondary education/job training or to start or expand a small business.

An IDA is more than downpayment assistance, small-business funds, or scholarships: an IDA provides direct services such as financial management, counseling, coaching, and asset retention classes to participants and their families, allowing them to make the changes required to build a more financially stable and self-sufficient future. IDAs facilitate economic development for families and for the greater community.
Financial Literacy Program Registration
To gain access to the Finanical Literacy Program information you must fill out this registration. It is short and you only have to fill it out once.
Name 
Contact# 
Organization 
Email 
 
    
Your registration has been received.
Errors in your registration are highlighted in RED