Inclusiv Town Hall: Economic Impact Payments
Tuesday, September 22 at 1:15 PM ET
The Internal Revenue Service is poised to send out 9 million letters to Americans who are eligible to receive Economic Impact Payments, but have not yet claimed them. Join Inclusiv for Part XIII of our COVID-19 Response Town Hall series for an update on this situation and the role credit unions can play in getting payments into the communities they serve. Dave Sieminski, Policy Analyst in the Office of Community Affairs at the Consumer Financial Protection Bureau and JC Craig, Principal at JC Craig Consulting, will discuss Economic Impact Payments and tools available from the CFPB to facilitate the accessing of payments. We'll also have the pleasure of hearing from Regina Grant, Program Director at the On the Rise Financial Center in Atlanta, and Richard Romero, CEO of Seattle Credit Union, about their efforts get payments into the hands of credit union members and lessons learned from these initiatives.
JC Craig, Principal at JC Craig Consulting, is a non-profit consultant nationally recognized for his design and implementation of strategies that leverage the tax system to build financial empowerment for low-income individuals and families. He has been instrumental in creating two national volunteer tax assistance and advocacy coalitions: The Taxpayer Opportunity Network (TON) and its predecessor, the National Community Tax Coalition (NCTC). He has served on multiple national advisory committees, most recently the IRS Electronic Tax Administration Advisory Committee. As part of his consulting services, he is the Technical Assistance and Training Lead for the CFPB's Tax-Time Savings and Economic Impact Payment Initiatives. Mr. Craig holds a B.A. from Earlham College and an M.A. from the Earlham School of Religion.
Regina Grant currently serves as the Program Director for On the Rise Financial Center, a financial empowerment initiative of Inclusiv in Atlanta, Georgia. In her role as Program Director, she is able to apply her skills and expertise to provide a high level of specialized service to the residents of Atlanta’s Westside community. As the Center’s Program Director, Regina leads the delivery of one-on-one financial counseling and coaching following the Pathways to Financial Empowerment model, and the delivery of group financial education with local partners and stakeholders. She also coordinates with community development credit union partners to support access to safe and affordable credit union products.
Richard Romero is the President and CEO of Seattle Credit Union. Richard is an architect of financial performance and cultural transformation. He’s also an ardent believer in the cooperative approach to banking. Since joining Seattle Credit Union as President and CEO in 2012, he has succeeded in raising the credit union’s net worth by more than two percent. As a result of the credit union’s improved financial position, he has been able to build his team’s ability to provide education and services to Seattle’s underserved communities.
Prior to reaching executive levels, Richard rose through the ranks at financial institutions all along the West Coast – Great Western Bank, Fidelity Federal Bank, Washington Mutual, and Telesis Community Credit Union and Firefighters First Credit Union in Los Angeles. It was along this path he cemented his understanding of retail banking, customer service, and technology. He has served on several local committees and boards including, the YearUp Leadership Council and Inclusiv of Community Development Credit Unions Board of Directors and Leadership Eastside Board of Directors. In 2015 he received the Desjardin’s Youth and Adult Financial Education Award and in 2016 he received the Crosscut Courage in Business Award, for his work with immigrant communities. He enjoys giving back by mentoring and providing career guidance, having worked his way through the ranks.
Dave Sieminski is a Senior Policy Analyst in the Office of Community Affairs at the Consumer Financial Protection Bureau. Dave is currently a senior advisor on the Start Small, Save Up campaign, and the lead staff for the Bureau’s asset building projects including the tax time savings and child savings account initiatives. Prior to joining the CFPB Dave spent 15 years working in the asset building field in Seattle, Washington. He helped to start and managed a countywide individual development account program, a large scale free tax preparation and EITC campaign, and a non-profit affiliated with a low-income community development credit union. Dave has over 30 years of experience in program management in both the private and non-profit sectors. Dave has a Bachelor’s degree in Economics from Western Washington University and a Master’s degree in Public Administration from the Daniel J. Evans School of Public Affairs at the University of Washington.