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Independent Development Account
Expand Your Dollars
Our IDA Savings[cite::215::cite] program is designed to help qualified families save for purchasing a home. Where deposits are matched by a sponsoring agency at the end of the participation period.
Account Details
Minimum Opening Deposit
$0
Monthly Service Fee
$0
Product Details
You must apply for an IDA Savings account through a sponsoring agency (Sponsor). Your Sponsor will supply a letter of eligibility, which you are required to present to the Bank before opening an IDA Savings account.
Features & Benefits