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Time Bank of Lake County welcomes nonprofit groups
Group membership in the time bank helps an organization supplement its volunteer pool by getting access to time bank members. In return, the group makes some of its resources available to the time banking community.
“We're hoping group memberships will get more people and organizations aware of how time banking works and how it can be used as an alternative currency,” said Steve Elias, one of the co-coordinators of the Time Bank of Lake County. “We believe our group application policy will work as a win-win for everyone.”
Time banking is designed for individuals who wish to pool (or bank) their various skills and services so that any given member can both contribute his or her skills to members who need them and, as needed, request services or skills from other members. All transactions are measured in time bank hours.
Today, 26 countries have active time banks. There are 108 time banks active in the United Kingdom and 53 officially recognized time banks in the U.S.
To find out more about time banking, and to submit your group application, visit the Time Bank of Lake County's Web site, http://timebanklakeco.com/time-bank-for-groups/.
If you would like a representative from the Time Bank of Lake County to present at meeting of your group, or if you have further questions, send an email to This email address is being protected from spambots. You need JavaScript enabled to view it..