It's in the Bignoniaceae family.
Has pretty light weight and weak wood. Not worth the trouble for bows.
I'm letting myself down for not remembering the species name...dang, it's on the tip of my tongue...not Catalpa, but....?!
Got it! Paulownia tomentosa.
Actually not in the Bignoniaceae family, but in the Paulowniaceae family. My bad. Looks awefully similar to many Bignoniaceae plants though...the leaves and flowers are a perfect match.