AddsUP Matched Savings Plan
In collaboration with the National Australia Bank (NAB), Good Shepherd is offering the AddsUP Matched Saving Plan to people who have successfully completed at least one NILS® or StepUP loan.
Following a discussion with a community worker about saving and setting realistic goals, the client opens a NAB account specifically for the purpose of saving. AddsUP does not specify what people need to save for.
Once an individual has saved $300, they have the opportunity to have these funds matched by NAB to a total value of $500.
AddsUP aims to help people on low incomes achieve their goals and further build on the financial discipline developed through repaying a loan.
AddsUP Matched Savings Plans will be available at various locations. Click here to download the AddsUP brochure.
AddsUP is currently available at:
Victoria: Echuca Neighbourhood House (03) 5482 6914
AddsUP Is expected to be available at locations in New South Wales, Queensland and the Northern Territory in August - October 2009.
For more information, visit the NAB AddsUP Page
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