Credit Union Tapped for Savings Program

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Des Moines Register (IDA)
April 14, 2010

Village Credit Union in Des Moines has been selected to participate in the Credit Union Family Partnership Program, Iowa's first credit union individual development account, or IDA, program.
IDAs are matched savings accounts in which a grant from an organization matches a participant's savings. Savings and matching funds can be used to purchase a specific asset, such as a home; start or expand a small business; pay for education; or buy a vehicle to get to work.

Through the Credit Union Family Partnership Program, Village Credit Union will open the savings accounts, and matching funds will come from private grants given to the Iowa Credit Union Foundation.

Participants must meet income guidelines to qualify for an account. For more information, call Village Credit Union at (515) 243-4400.

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This page contains a single entry by Ernest Roberts published on April 15, 2010 9:05 PM.

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