On Thursday, June 24, 2004 TN Jump$tart – A Coalition for Personal Financial Literacy held a meeting at the offices of UT Extension Service in Nashville, TN. The following are the minutes of the meeting: Attendees included: Steve Henley, (TN Dept. of Financial Institutions) Chip Reed (Junior Achievement) Jim Young (American General Financial Services/TN Consumer Finance Association) Carla Jarrell, Secretary (Pinnacle Financial Partners) Sidney Curry, (BC Holdings, LLC) Beverly James (Christian Community Service, Inc.) Michael Darling (TN Consumer Finance Association) Tausha Carmack (TN Bankers Association) Debra Yarbrough (SouthTrust Bank) Christy Minton, President (Bancorp South) President Minton called the meeting to order. The minutes were submitted for approval and approved as presented. Introductions were made around the room. Treasurer’s Report: President Minton gave the report As of now, the account balance is $12,767.10. The only income we anticipate receiving during the conference will be the $15.00 single room premium charged for each of the single rooms. Registration fees were waived in order to obtain additional registrants for the conference. After all of the conference expenses are paid, we should have approximately $3,000 remaining in our general funds. We anticipate being able to build up our general funds when we launch our fall membership drive. Conference Update: President Minton gave an update The absolute final registration date for the Jump$tart Teacher Conference is July 7, 2004. Currently, we have about 80 people registered for the conference. We expect the number to go up to 100 by the time registration ends; these numbers include volunteers that will be working the conference. Approximately 50 of the registrants are teachers. The remaining registrants include extension agents, legislators, and bankers. We have paid for 149 people to eat, so 149 is the number we will use to determine the maximum number of registrants we’ll accept. People were encouraged to check with anyone they think might benefit from attending the conference and get them registered. President Minton reported that she had checked into purchasing liability insurance to cover the conference, but was told that we didn’t need any. The hotel’s insurance would cover our event. President Minton said that she had purchased a Jump$tart display board and she asked for help in coming up with what to post on the display board. Committee Reports: Public Relations Committee: President Minton reported on behalf of Jon Clayton. She said that the June issue of the TN Jump$tart newsletter will be probably be published around June 30, 2004. The newsletter will start being published on a quarterly basis, rather than every other month. The newsletter will be available on our web site once it is published. Education Committee: President Minton reported on behalf of Jessica LeVeen. Recently, Jessica started working on the creation of a speakers bureau to post on TN Jump$tart’s website. The speaker’s bureau will be a resource for schools and community groups. Jessica recently sent an e-mail to members of TN Jump$tart and members of the TN Saves Coalition to ask whether they can provide speakers for the bureau. The Committee will be working on how to get into the colleges to do some type of financial literacy program. Christy Minton discussed the pilot program going on at the University of Memphis. The University of Tennessee - Knoxville won’t allow groups on campus to talk to the students, unless it’s on game day (that’s when the credit card people are allowed on campus too). Sidney Curry said that he has seen some interest in financial literacy from some of the colleges and can help us with some contacts at those schools. Legislative Committee: Jim Young and Michael Darling reported that Senator Dixon, Senator Ford, and Representative Deberry wrote letters to school officials to ask that American Financial Services have the opportunity to present their Moneyskills personal education program to about 35 teachers, in hopes that the teachers will administer the program. This will be a pilot program in Shelby County. American Financial Services Association will train the teachers and reward them monetarily for participating in the program. Membership Committee: Steve Henley thanked all of the people that worked in hard in getting the 3,000 conference brochures mailed. Christy Minton thanked Steve and his wife Denise for doing such a great job in putting together such a professional and attractive brochure for the conference. Sometime this fall, we need to update our membership list. We need to vote off the inactive members and we need to solicit new members. Afterwards, we’ll update our Jump$tart brochure. Also this fall, we need to send out a survey to the Jump$tart Teacher Conference attendees to see if anyone is using any of the financial literacy curriculums in their classrooms. Since the registration for our upcoming conference is much lighter than expected, the Coalition may want to consider tagging onto an established teacher conference and conducting a workshop, rather than trying to do another conference on our own. President Minton said that she would work with the Department of Education to find out about upcoming conferences we could consider for conducting our workshops. Sheila Stevens, Investor Education Coordinator in the Securities Division of the State of Tennessee Department of Commerce and Insurance is working with other partner agencies in putting together a Consumer Services Workshop on August 31, 2004 at the Dollar General Corporation’s headquarters. President Minton said she would look into the possibility of us getting involved in some manner. Organizational Committee: President Minton reported that working on the upcoming Jump$tart Teacher Conference had been the major goal for the Committee. Now that that goal has been reached, the Committee will regroup to see where they want to go from here. Perhaps the next focus should be on how to approach colleges. Other Business: The partners and members went around the room and talked about recent activities they’ve completed and any upcoming activities in which they are participating. President Minton asked everyone to please be patient about the Jump$tart website. The site is still experiencing a lot of problems outside of our control. President Minton said that September will be our big “brainstorming” meeting. Among other things, we’ll recap our Teacher Conference and the Consumer Services Workshop. She asked the members to be thinking about forming new committees. She asked members to be thinking about the best way to reach teachers, especially when we start distributing the quarterly newsletters to them. The rest of the meeting was devoted to working out the details for our upcoming Conference. The Jump$tart Coalition will meet again in September. The meeting was adjourned.