"Giving each other a helping hand"

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How-to
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How-to for Start Ups
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How-To

Running a Time Bank is very rewarding experience, but it requires true dedication and effort to make it a success! To get an idea about what it takes to get a Time Bank off the ground, we recommend running a "Time Bank Experiment" (PDF File).

For more in-depth materials, check out our How-to Manual. You may also purchase a hard-copy of it from our order form. Also, we highly recommend attending a training from one of our certified Time Bank trainers.

Below is a list of Success Indicators for Start-Up Time Banks:

Commitment to core values

Core founding group, minimum of 10-15 committed and active individuals for initial planning and fund-raising

Time Bank training for at least 3 core group members

Grassroots buy-in in local area

A grass-roots "kitchen cabinet" of 5-10 members to support the day-to-day Time Bank operations

Local agency/organization and/or business buy-in

Start-up Time Bank coordinator and/or plan for hiring coordinator

Member engagement plan for initial "growth and sustainability" of the exchange

Minimum office requirements; office, telephone, fax, computer, internet service and local meeting space for group gatherings

Up to 3 years work plan for growth and sustainability (includes start-up, growth, management and fundraising strategies; this might include in-kind support as well)

Start-up fees (as of Dec 2004)

Please note that these fees are being reconsidered for 2005:

  • 2-Day Start-up training: $1,000 for 1-3 people; $250 for each additional person. (This fee is for training held in New England )
  • $1,000 annual fee to Time Banks USA (our national organization)
  • Commitment of 30 hours, annually, to mentor/assist new start-ups in your region.

LOTS OF PASSION, PATIENCE, AND PERSEVERENCE!