Financial institutions are vital partners in providing Matched Savings Accounts to low-income families. Financial institutions hold the accounts and bring their experience in the financial world to the partnership. A community-focused attitude on the part of the financial institution benefits all parties. Specifically, partnering with a financial institution provides the following:

• No minimum balance or monthly fees on Matched Savings Accounts
• Locations that are accessible to the target populations of the program
• Mail-in and direct-deposit capability
• Assurance that Earn to Learn program procedures are followed
• Monthly or quarterly statements to both Earn to Learn staff and the participant