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Matched Savings Program:

Emergency Savings

Our matched savings program (or Individual Development Emergency Account for Savings - IDEAS) is a program designed to assist those with creating an emergency savings account. Not only will participants have a designated savings account specific to emergencies, but they will also learn the habit of saving to continue developing the account once the program is complete. Those who participate will be required to attend counseling sessions and online education as a part of this program. 

Emergency Matched Savings Account

IDEAS provides the opportunity for a one-time match of $250 after one full year of saving. This program is available to neighbors in Cascade County who want an emergency savings account in place for unexpected expenses.

 

Here’s how it works: Over the course of one year, you will save up to $500. At the end of your year of savings, NeighborWorks will match you up to $250, ending with a balance of up to $750 of emergency cash saved. The amount of your monthly installments into the account are based upon affordability and goals that are set up with our financial coaches prior to joining the program.

 

If you’re interested in creating an emergency matched savings account create an account through our Customer Portal.

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Family Size

Income Level

3

$64,250

$51,400

$73,888

$77,100

$80,313

1

$50,000

$40,000

$57,500

$60,000

$62,500

2

$57,125

$45,700

$65,694

$68,550

$71,406

8

$94,250

$75,400

$108,388

$113,100

$117,813

7

$88,563

$70,850

$101,847

$106,275

$110,703

6

$82,813

$66,250

$95,234

$99,375

$103,516

4

$71,375

$57,100

$82,081

$85,650

$89,219

100%

80%

115%

120%

125%

5

$77,125

$61,700

$88,694

$92,550

$96,406