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Family Savings Accounts

Eligible families residing in Lackawanna or Wayne County can receive a Dollar-for-Dollar match on savings up to $2,000!

Family Savings Accounts

To be eligible, savers must:
 
  • Have gross income that does not exceed 200% of the federal poverty level OR be eligible for the Earned Income Tax Credit on the federal tax return.
  • Agree to save an average of $40 per month for not less than six (6) months in a custodial bank account at either Wayne Bank, The Dime Bank or PNC Bank.
  • Attend a minimum of ten hours of training offered by the United Way of Lackawanna and Wayne Counties, covering such topics as budgeting and credit repair, loans and personal financial planning.
 
Savers can use their savings/match funds towards one of the following assets
 
  • Purchase of a first home
  • Postsecondary education
  • Small business startup
 
 
Download Program Flyer.
 

Questions? Contact Angela Bassani, CPA, United Way's Director of Financial Stability.