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May 19, 2010
For Immediate Release
Contact:
Mary Young
Entergy
409-981-2656
Regional Asset building Conference Set:

“Leading Families and Communities Toward Economic Success”

Beaumont, Texas – Asset building and family economic security will be the topic Tuesday, May 25, when RAISE Texas, the Federal Reserve Bank of Dallas and Texas Rural Innovators present a free regional asset building conference entitled, “Leading Families and Communities Toward Economic Success.

Entergy Texas, Inc. is hosting the event, having facilitated its taking place in Southeast Texas. The conference will take place from 10 a.m. until 2 p.m. at the Silsbee Country Club, 6200 Country Club Road in Silsbee. Lunch will be provided.

“This event represents a community conversation about how families and communities can build the kind of wealth that leads to independence,” said Woody Widrow executive director of RAISE Texas. “From the mid-seventies through the mid-nineties, more and more of the jobs created in the United States were low-wage jobs, serving to increase the gap between the rich and poor. But with help and good planning, people can learn to build their assets and create a life of independence.”

The May 25 conference will bring together practitioners, service providers and policymakers from Southeast Texas to consider innovative ways for families to achieve financial success. Ideas, resources and best practices are expected to be shared.

Speakers include:

  • Angela Duran, former president of Southern Good Faith Fund in Arkansas. Duran led that organization to program and policy innovation in the areas of asset building, small business creation and workforce development.

  • Don Baylor, senior policy analyst on economic opportunity for the Center for Public Policy Priorities in Austin. Baylor works on policy issues to expand economic opportunity throughout the state of Texas.

  • Terry Johnson, founder and president of the New Seed Initiative in West Central Texas. New Seed focuses on providing community based financial education and expanding opportunities for more families to achieve asset ownership.

  • Representatives from the private and nonprofit sectors in Southeast Texas actively involved in building financial success in the region.

Those interested in attending may register by Friday, May 21 at http://wwww.dallasfed.org/news/ca/2010/ 10asset.cfm. For more information, contact Roy C. Lopez at the Federal Reserve Bank of Dallas, 214-922-6201 or roy.lopez@dal.frb.org. Or contact Mary Young at Entergy Texas, Inc., 409-981-2656. No more than three persons from any one organization may attend.

Entergy Texas, Inc. provides electricity to more than 400,000 customers in 27 counties. It is a subsidiary of Entergy Corporation. Entergy is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $10 billion and more than 15,000 employees.

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