ChicagoSuburbanTimeBank.org / Schaumburg Time Bank

Donate One Hour A Week To Your Neighborhood... Your Neighborhood Donates One Hour Back To You.

This community-based Time Banking program is offered by the ChicagoSuburbanTimeBank.org to provide an opportunity for neighbors to help neighbors through the mutual exchange of everyday services.

A Circle of Giving Friend-to-Friend and Neighbor-to-Neighbor

ChicagoSuburbanTimeBank.org  /  Schaumburg Time Bank
Founded in 2008

Video Introduction of the Time Bank Community Weaver website and software.

How a time bank works?

You give an hour of help and earn one hour time credit. The person receiving your help owes the one hour time credit. They pay back by helping someone else. The circle of care and mutual support expands; more people means more skills to share. That makes it more likely that the help you may need in the future will be there for you. You want to pay back so you help someone else:

• Local people list all the skills and activities that they are happy to share with others.
• Hourly time credits are used as a medium of exchange; an hour’s activity earns each person one hour time credit.
• Everyone agrees to ‘give and take’, to both earn and spend time credits in their own local community
• The hourly time credits that people earn are deposited in their individual time bank ‘accounts’, at the time bank.
• People can spend their time credits on the skills and activities on offer from the community, or donate them to a ‘community pot’.
• Details of everyone’s skills and of the exchanges that take place are recorded on the time bank computer and used by the ‘time-broker’ to match people up with the tasks that need to be done.
• Everyone is an equal and valued member of the time bank.
• Chicago Suburban Time Bank and Schaumburg Time Bank orientations can be arranged in your local neighborhood, on the phone or scheduled at the Schaumburg Public Library.