About
The Illinois Asset Building Group (IABG) is a diverse statewide coalition invested in building the stability and strength of Illinois communities through increased asset ownership and asset protection. IABG is leading the charge in developing Children’s Savings Accounts in Illinois.
IABG’s work aims to:
- Build personal and financial assets;
- Increase opportunities for savings and investment;
- Protect existing personal and financial assets; and,
- Promote financial education.
IABG also publishes a quarterly newsletter on asset building and asset protection efforts in Illinois.
IABG’s efforts at creating a Children’s Savings Accounts Task Force has been highlighted in the local news media.
- “Born With a Bank Account? Possibly” Chicago Sun-Times, 4/9/07
- “Illinois May Consider Piggy Banks for All Babies” Chicago Public Radio, 4/9/07
- “Illinois Children’s Savings Account Act” Fox News Chicago, 4/9/07
- “Now That’s a Good Idea” The Chicagoist, 4/11/07
- “Children’s Savings Accounts” Chicago Public Radio’s 848, WBEZ, 4/12/07
- “Baby, Have These States Got Some Plans for You” American Banker, 4/16/07
What are assets and why are they important?
What are the goals and strategies of the Illinois Asset Building Group?
IABG History, Accomplishments & Coalition Structure
Generous support for IABG is provided by CFED, the Ford Foundation, the F.B. Heron Foundation, National City Bank, TCF Bank, the W.K. Kellogg Foundation, and the Woods Fund of Chicago.