Low-income families need to develop good savings habits to meet short and long term goals.
The Money Works for You program has proven successful in helping low-income people save and obtain their dream of purchasing a home, attending college, or starting their own business.
GECAC's Money Works for You program is designed to help low-income individuals and families save money through a matched savings program. Participants receive a 1:1 match on their savings. Those saving $500 will be matched with $500 for a total of $1,000 for a home purchase, small business, or college tuition. Participants will participate in a financial and money management workshop series.
Thank you to the following banks that will waive all fees for participants to open savings accounts: