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[News Advisory] Prepare + Prosper welcomes new members to Board of Directors, names new Board president

Media Contact:
Stacy Opitz, Prepare + Prosper
stacy@prepareandprosper.org / 651-262-2162

Photos: https://flic.kr/s/aHskDrjFy8

ST. PAUL, MN (August 23, 2018) – Roland Sie, Terri Steenblock, and Ron Zweber have joined the Board of Directors and Greg Pesky has moved into the role of Board president at Prepare + Prosper (P+P), a nonprofit organization that works with low- to moderate-income people to build financial well-being through free tax preparation and financial services, products, and coaching, and by changing systems to create economic opportunity.

As newly appointed members and president, they will provide leadership, direction, and oversight to help P+P fulfill its mission.

  • Greg Pesky is a managing partner at AmplifyDMC and brings to his role as president a combination of entrepreneurial, marketing, and communications experience.
  • Roland Sie is a regional banking district leader at Wells Fargo. An advocate for economic advancement, he brings to the Board experience in retail banking.
  • Terri Steenblock is the compliance director for Federation of Tax Administrators. She’s a former assistant commissioner at the Minnesota Department of Revenue and brings to the Board experience in tax administration and legislative policy.
  • Ron Zweber is senior vice president of the nonprofit banking team at Bremer Bank. With 35 years of financial services industry experience, he leads one of the largest nonprofit and government banking teams in Minnesota.

About Prepare + Prosper

Prepare + Prosper is a nonprofit focused on building brighter financial futures for low- to moderate-income individuals and families. It provides free tax preparation; financial services, products, and coaching; and works to advance policies and practices that directly benefit the people it serves. In 2017, 532 volunteers prepared taxes for 12,648 taxpayers who received $24.7 million in refunds; 984 of those taxpayers committed to saving $1.54 million of their refunds. For more information, visit www.prepareandprosper.org, Facebook, and Twitter.

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Minnesota Public Radio: Need cash? See if you qualify for property tax refund -- even if you're renting

“Minnesotans have a little less than a month to file for property tax refunds for 2016. The deadline is Aug. 15.

Homeowners with a total household income up to about $110,000 are eligible. Refunds have averaged about $900 lately.

But only about two-thirds of eligible homeowners file for refunds.”

Read more.


Pioneer Press: Sunrise Bank and a nonprofit team to serve the Twin Cities’ ‘unbanked’

“It’s pricey to be poor. Tracy Fischman, executive director of the St. Paul-based nonprofit Prepare + Prosper, points out that low incomes and poor credit will net higher interest rates on home, car and business loans, and can even complicate a job search. Many employers won’t hire an applicant with a troubled financial history. Even home and auto insurance in urban, low-income areas may be more expensive, if the traditional market serves the area at all.”

Read more.


American Banker: Mobile app for underbanked looks to go national

“You could easily mistake Anne Leland Clark, a Twin Cities nonprofit executive, for a banker with with big, national ambitions as she discusses her organization’s digital platform for the underbanked.

The product, known as Fair Financial, launched in a pilot program this week to serve about 500 local customers over the next 18 months. But Clark and her partners – including at Sunrise Banks in St. Paul – have no plans to stop there, having established a goal of providing 5,000 low-income customers across the country with Fair deposit accounts and small-dollar loans by 2020.”

Read more.

(PDF version)


Minnesota Business: Banking program to provide alternatives for underserved communities

“Twin Cities-based nonprofit Prepare + Prosper has joined forces with Sunrise Banks to launch the pilot phase of its three-part FAIR (Financial Access in Reach) Financial Solution. Designed to aid financially underserved individuals in building credit and savings, FAIR is intended to help reduce the impact of high-cost fees and interest.”

Read more.