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Individual Development Accounts

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Please note: The IDA program is not accepting new applicants at this time.

  • Individual Development Accounts, or IDAs, are special savings accounts that can match or even triple the money you deposit. Your IDA can be used to purchase a home, start a business or pay for education. You can save up to $2,000 in your account that will be matched.
  • Even if you don't have a lot of money, it's possible to build savings of up to $8,000 with an IDA.

    Get $2 for every $1 you save for your own business.
    Get $3 for every $1 you save for education or buying a home.

  • An IDA will help you build life long savings habits. As part of the program, you will save every month for at least one year before your money is available to use. During that time, you'll receive training and education to help you succeed.

  • With an IDA, make your dreams a reality and fast forward your future. Learn if you're eligible, and sign up for an IDA now! We look forward to helping you succeed with your financial goals.

 

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