A time bank is a network of individual, organizational, and business 'members' who provide services, track and bank their hours, and then spend those hours to get their own needs met. There is no barter or exchange; one member does a friendly, neighborly favor for another and records the time they spent doing so. Members share their talents and services, record their hours, then 'spend' them later on services they want. Everyone's hours are treated as equal in value.
Whole Community Time Bank is a collaborative effort among volunteers from two earlier Eugene (Oregon) time banks. One was supported by Edgar Cahn's time bank organization and nurtured the development of face-to-face interaction and relationship. The other was based on a TEDx talk about how a New Zealand time bank helped its community recover from two major earthquakes. A time bank can foster relationships and catalog resources to help our community prepare for and recover from the next disruptive event, such as atmospheric rivers, extreme temperatures, high winds that can cause power outages, wildfires, earthquakes, pandemics, loss of one's housing, and civil unrest.
Organizational members (such as neighborhood associations, nonprofits, and community groups) can recognize volunteers by banking their volunteer hours in the time bank. An organization can preserve the anonymity of its members by allowing individuals to do their time banking as a member of that organization.
Ask your local bank whether it can open an account for you in our local time dollar currency, the Peace Dollar. The currency is limited to former, current, and sometimes residents of these Lane County HUC-8 watersheds: the Alsea, Coast Fork Willamette, McKenzie, Middle Fork Willamette, Siltcoos, Siuslaw, and Upper Willamette.
For more, contact your friendly local neighborhood time banker at (541) 632-3692.