Supported by the Humana Foundation
AcceLOUrate Savings
With generous support from the Humana Foundation, Metro United Way has launched AcceLOUrate Savings, a program for individuals and families residing in Louisville’s most economically challenged neighborhoods, who would like to advance their financial stability and asset security. A coordinated network of seven service providers has joined forces to deliver high-quality financial empowerment services that include: financial coaching; a tight network of referral partners, peer learning opportunities; and flexible funding to bolster the achievement of financial goals, including the establishment of an emergency savings account.
AcceLOUrate Savings Proving Success in Year One
Impact Highlights
Impressive results from the first year of the AcceLOUrate Savings asset security program!
Increased Monthly Income
42 individuals increased their monthly income by an average of $1,000
62 participants secured employment
20 participants decreased their high interest debt by an average amount of $583
17 participants increased their credit score by an average of 59 points
32 individuals reduced their monthly spending by and average amount of $98