Youth Savings Accounts

"Measure Twice, Cut Once" Blog Series Post #2: Getting to Know You(th): How Piloting Allowed HFC Bank to Sharpen Its Value Proposition for Young People

By Corrinne Ngurukie, Save the Children
Tuesday, April 2, 2013

"It was clear from the pilot that kids wanted to save – even after the initial three-month restriction on withdrawals had expired, those accounts registered only 7 withdrawals as opposed to 470 deposits in the first three and a half months following the pilot test launch.”

"Measure Twice, Cut Once" Blog Series Post #1: Kenya Postbank Pilot Experience

Corrinne Ngurukie and Rani Deshpande, Save the Children
Monday, March 18, 2013

"Piloting was not easy, but was crucial in yielding valuable lessons that enabled these banks to successfully launch their youth savings products when they finally rolled out network-wide in 2012."

An A-Z Guide for Implementing Savings Programs for Low-Income Youth

Nicole Tosh, New America Foundation
Tuesday, January 15, 2013

There are two important questions that an institution must ask when understanding the business case for youth savings:

1) What can youth savings do for my business?

2) What can youth savings do for my customers?

Voices of Four YouthSave Account Holders Highlighted in USA Today Supplement

Eric Tyler, New America Foundation
Thursday, January 3, 2013

The findings about the complex development impact of savings on youth are just coming to light, but already as Pramod Tamang simply said in the questionnaire: "I feel more secure about my dreams now."

Syndicate content