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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Youth Banking Resource Center

Lessons from the FDIC Pilot

Linking Youth Savings with Financial Education: Lessons from the FDIC Pilot, summarizes the experiences of 21 diverse banks, during the FDIC’s two-year pilot, in designing and implementing youth savings programs. It identifies promising approaches and lessons learned from combining traditional, classroom-based financial education with the opportunity to open a safe, low-cost savings account. The report defines a range of models that offer banks flexibility to adapt to varying opportunities to promote youth savings. 


Linking Youth Savings with Financial Education: Lessons from the FDIC Pilot
- Entire Report - PDF 2Mb

Forward - PDF 43Kb

Introduction - PDF 208Kb
The FDIC Youth Savings Pilot
The Advantages of Experiential Financial Education
Using this Report

Lessons from the Youth Savings Pilot - PDF 1Mb
Designing a Youth Savings Program
Initiating and Sustaining Partnerships
Choosing What Type of Accounts to Offer
Delivering Effective Financial Education
Parents/Guardians
Taking Stock of the Costs of Youth Savings Programs
Measuring Performance and Impact

Creating Youth Savings Opportunities - PDF 552Kb
Phase I: Early Planning
Phase II: Design the Program
Phase III. Finalize and Document Agreements
Phase IV. Implement the Program
Phase V. Assess and Refine the Program

Conclusion - PDF 204Kb

Appendix A: Youth Savings Pilot Programs - PDF 83Kb

Appendix B: Accounts Opened During 2015–16 School Year - PDF 44Kb

Appendix C: Research Methodology - PDF 50Kb
Data Collection Methods

Appendix D: Resources - PDF 63Kb
Programmatic Resources
Educational Resources
Relevant Research

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