Providing Financial Security & Education To You

Adult Education and Financial ServicesAsset Building & Financial Literacy
Asset Building & Financial Literacy

Walla Walla Asset Building Coalition

Our mission is to help Walla Walla Valley residents build greater financial security for themselves and their families.

Goals

1. To increase the number of individuals and families utilizing financial institutions for their banking needs who currently have no bank accounts (unbanked) and those with limited bank accounts (under-banked).

2. To develop a financial literacy and empowerment series that will help individuals and families better understand personal finances, saving, budgeting, credit, debt and more.

3. To provide resources for no or low-cost financial coaching on topics like credit counseling, debt management, bankruptcy counseling, student loan counseling, tax preparation and more.

4. To form partnerships between the Walla Walla Asset Building Coalition and private and public organizations to reduce poverty in the Walla Walla Valley and assist individuals and families to a promising future.

For more information on the Walla Walla Asset Building Coalition, please contact Barbara Maxwell at barbaram@bmacww.org or 509-529-4980.

Bank On Walla Walla

In Walla Walla County, 7.6% of people are unbanked, meaning without a bank account, and 17.8% of people are under-banked, meaning they have a bank account, but are relying upon high-fee credit or check-cashing services, (Data from Prosperity Now Scorecard, 2019).

To address this issue, the Walla Walla Asset Building Coalition launched Bank On Walla Walla in November 2020. Bank On Walla Walla is a program that connects people who are currently unbanked and underbanked to get safe, low-cost and convenient bank accounts. Key features of a national certified Bank On account include:

SAFE/SECURE: No overdraft, non-sufficient funds, dormancy or surprise fees.

NO SURPRISEFEES: Monthly fees of $5 or less, low opening balances of $25 or less.

CONVENIENT: Free deposits, free withdrawals, and free bill payments.

Financial institutions offering Bank On account are willing and able to work with individuals regardless of past money problems, credit reports, ID problems, or income. Our current Bank On partners include:

  • Chase Bank, Secure Banking
    101W. Alder Street, Walla Walla, WA 99362, 509-527-3300
  • Columbia Bank, Foundation Account  
    500W. Main Street, Walla Walla, WA  99362, 509-529-5559
  • U. S. Bank, Safe Debit Account  
    22E. Alder Street, Walla Walla, WA  99362, 509-525-8000\

Why should you get banked? Read more reasons from the FDIC and #GetBanked


Credit Reports

Please Note: As a result of COVID-19, the three major U.S. credit reporting agencies – Equifax, Experian and TransUnion – now offer consumers free weekly credit reports through April 20, 2022.

Everyone is allowed free access to their credit report from each of the three credit reporting bureaus once every 12 months via www.annualcreditreport.com. The three credit reporting bureaus are: Experian, Transunion, and Equifax.

TIP: if you have never pulled your credit report or have not done so in quite some time, we suggest that you pull all three reports at once.  The following year, stagger the requests throughout the year to keep an eye on the accuracy and completeness of the information in the reports.

Be prepared with the following information when obtaining a credit report:

  • Full Name
  • Date of Birth
  • Social Security Number
  • Current and Previous address(es) for the last 5 years
  • Daytime phone number

Earned Income Tax Credit (EITC)

The Earned Income Tax Credit (EITC) is a federal tax credit for low- and moderate-income working people. It encourages and rewards work as well as offsets federal payroll and income taxes. The amount of EITC depends on a recipient’s income, marital status, and number of children. For more detailed information on the EITC, check out the IRS EITC website.

Financial Coaching Resources

Members of the BMAC staff are trained as financial coaches and are available to meet one-on-one with clients to discuss banking, budgeting, credit and debt.  Financial coaching is offered in both English and Spanish.  If you are interested in meeting with a financial coach, please send a request to: info@bmacww.org.

In addition to the financial coaches available through BMAC, there are other nonprofit organizations that offer telephone and online financial counseling options in the areas of money management, credit repair, budgeting, debt reduction and more. These services are offered for free or low cost.


American Consumer Credit Counseling, Inc. offers help in dealing with credit card and medical debts as well as other bills, including title loans. The agency offers debt management plans to consumers and information on other solutions, such as forbearance and low interest rate payment plans. Languages: English 1-800-769-3571

American Financial Solutions offers credit counseling, debt management, student loan counseling and bankruptcy counseling. Languages: English 1-888-864-8548

Apprisen offers debt management, financial coaching, student loan sessions, housing counseling and bankruptcy counseling.  Languages: English, Translation service for Spanish 1-800-355-2227

Access Counseling offers personal financial education to help improve your personal finance knowledge to make smart financial decisions with live certified counselors available 24 hours a day. Site is available in English and Spanish 1-800-205-9297

Clear Point Financial Solutions offers credit counseling, debt management programs, housing programs, bankruptcy counseling, student loan counseling, Hispanic Center for Financial Excellence and Military Reconnect services.  Site available in English and Spanish 1-800-750-2227

GreenPath offers credit counseling and debt counseling to help ease your financial stress, address your financial concerns, and develop a plan for living a financially healthy life. Languages: English and Spanish 1-800-550-1961

Money Management International offers credit counseling, debt management plans, foreclosure counseling, homebuyer counseling, credit report reviews, student loan counseling, post-disaster financial recovery and bankruptcy counseling and education.  Site is available in English and Spanish 1-866-889-9347

Financial Education Classes

Financial Foundations is an entry level financial education course for individuals who need to learn the basics of personal finances. Questions such as “Do I need a bank account?” or “How do I build good credit?” or “Can I possibly get out of debt?” will be answered through interactive workshop sessions. The 5 topic areas covered in Financial Foundations include:  

  • Banking
  • Money Mindset
  • Budgeting
  • Credit
  • Debt

Each 1-hour class will include ‘know and do’ learning that provides participants the opportunity to translate their learning into action. Participants who complete the weekly action step will earn $20 to be deposited by BMAC into their bank account.  Classes are available in English and Spanish.

Anyone who participates in the Financial Foundation classes is eligible to meet one-on-one with a BMAC financial coach.  Financial coaching is available in English and Spanish.

To learn more about the Financial Foundations course, please contact Barbara Maxwell at barbaram@bmacww.org or 509-529-4980, ext. 360.

2022 Free Tax Preparation

Details on the2022 Free Tax Aid program are not available at this time.  As soon as information is available, it will be added to this site.

Membership

The membership of the Walla Walla Asset Building Coalition (WWABC) includes volunteers from city government, financial institutions, non-profit organizations, and interested residents.  The WWABC meets the first Wednesday of each month from 4-5 p.m. Coalition members are expected to attend the monthly meetings and volunteer to support group projects as interest and time allows.  

Interested in joining the Walla Walla Asset Building Coalition? Please contact Barbara Maxwell, Asset Building Program Manager at barbaram@bmacww.org.

BMAC Programs

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