Endorse Children’s Savings Accounts

We believe children’s savings accounts are a wise investment in helping Illinois children and families learn to save and build assets for a brighter future. We support the development of a children’s savings account program in Illinois that includes the following principles:

  • Inclusive so that all children can participate
  • Seeded with an initial deposit to create a concrete asset at the onset
  • Progressive in structure, providing higher initial deposits and/or matching funds for savings deposited by lower-income families
  • Simple so that investment decisions are limited and easily understood
  • Linked to age-appropriate financial education to build savings and investment skills
  • Nondiscriminatory to families receiving public benefits
  • Protected from use until the child is at least 18

Sign on as an official endorser

Learn more about becoming an official endorser

Official Supporters of Children’s Savings Accounts:

  • Heartland Alliance for Human Needs & Human Rights
  • Sargent Shriver National Center on Poverty Law
  • Voices for Illinois Children
  • Illinois Association of Community Action Agencies
  • The Woodstock Institute
  • Center for Economic Progress
  • McCormick Tribune Center for Early Childhood Leadership – National-Louis University
  • Metanoia Center, Inc.
  • Teamwork Englewood
  • YWCA Chicago
  • Lutheran Social Services of Illinois
  • Illinois Action for Children
  • Chicago Foundation for Women
  • Illinois Maternal & Child Health Coalition
  • Organization of the Northeast
  • Community Organizing and Family Issues
  • QCDollarWise
  • Ounce of Prevention Fund
  • Centro Romero
  • The Resurrection Project

Last updated 09/15/08