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The Growth of Children's Savings Accounts in the Midwest

by Jody Chong

Apr 19, 2021

In recent years, there has been a surge in Children's Savings Account (CSA) programs being planned and launched in Midwest communities by state and local governments, community foundations, and nonprofit organizations. This is no accident. Since 2017, Heartland Alliance has led targeted efforts to promote the spread of CSA programs in the Midwest through a collaborative regional approach.

This report documents the development of the Midwest CSA Consortium, outlines the growth of CSAs in the region since the start of the Consortium in January 2017 through the end of 2020, and spotlights the diversity and variation in CSA programs throughout the region.