Monday November 19, 2018
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Louisville’s Fifth Financial Empowerment Summit

Louisville’s fifth Financial Empowerment Summit will bring together local and national speakers, community leaders, service providers, and nonprofits and financial institutions eager to help individuals and families improve their financial well-being.

The Summit — presented by Metro United Way and Louisville Metro Office of Resilience and Community Services — will take place on Wed., March 7, from 8 a.m. and 2 p.m. at Bellarmine University, 2001 Newburg Road in the Amelia Brown Frazier Hall. More than 100 attendees are anticipated. They will participate in activities and workshops geared to build on their personal finances so they can better understand and secure their own financial success, and better assist with the financial success of their clients.

Registration can be made through March 1 on-line at https://www.cnpe.org/event/financial-empowerment-summit-building-financial-resilience-tips-strategies-across-lifespan/.

The $25 registration fee includes a continental breakfast, buffet lunch, all workshops, door prizes and giveaways.

The goal of financial empowerment is to help people make informed financial choices and to make progress toward their financial goals.  This includes expanding financial literacy and education opportunities so people learn how to reduce debt and manage their budgets, build credit, and plan and save for long-term goals.

Mayor Greg Fischer and Theresa Reno-Weber, president and CEO of Metro United Way, will jointly open the day sharing their support for Louisville’s community-wide financial empowerment efforts; and to encourage the strengthening of partnerships to meet the needs of our residents.

“Louisville’s financial empowerment movement continues to gain momentum because of many of the individuals and agencies who will be represented at this summit”, said Fischer. “I thank each and every one of them for working together to turn challenges into possibilities, and for seeking new and innovative ways to help all residents find the long-term path to economic stability.”

Theresa Reno-Weber agrees, and notes the synergies present:  “Over the course of the last five years, our collective efforts in the financial empowerment space keep growing because of the steadfast commitment of individuals from the public, private, and nonprofit sectors.  This is a great example of our community coming together and Living United so that people can achieve their fullest potential.”

Keynote speakers at the Summit include:

  • Desmond Brown, Deputy Assistant Director for the Office of Financial Empowerment at the Consumer Financial Protection Bureau (CFPB), will provide an overview about the field of financial coaching and how it fits within the overall work of the CFPB.
  • Eric Friedlander, Chief Resilience Officer for the City of Louisville, and Erik Cole, Chief Resilience Officer for the City of Nashville, will discuss how Louisville and Nashville are building resilience with the growing social, economic, and physical challenges of the 21st century.

A variety of workshops will be offered at the event around local resources and initiatives related to financial stability and resilience.

Also highlighted at the summit are lessons learned from the 79 individuals representing 29 organizations who took part in the 2017 Personal Finance Empowerment Series (PFES).  The series aimed to provide social service frontline staff with personal finance workshops to enable them to become more secure in their own financial situation.  The PFES series and the Financial Empowerment Summit are made possible by a grant from the FINRA Investor Education Foundation through a partnership with United Way Worldwide.  Local partners include Louisville Metro Resilience and Community Services and Metro United Way, with support from Apprisen, Louisville Urban League, Bellarmine University, AARP, the Kentucky Department of Financial Institutions and Fulton180 Coaching, Consulting and Training Projects and the Center for Nonprofit Excellence.

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