Financial Fitness Club
Quaboag Valley Community Development Corporation (QVCDC), is offering a 12-month matched savings program for low income residents of the Quaboag Region and Southern Worcester County. The program is called the HARRISON and DIANE QUIRK FINANCIAL FITNESS CLUB.
What is the Harrison and Diane Quirk Financial Fitness Club?
QVCDC’s Harrison and Diane Quirk Financial Fitness Club is a financial capability building and matched savings program offered with the MIDAS Collaborative and Monson Savings Bank. Its purpose is to assist low-income residents who live in the Quaboag Region and Southern Worcester County to put money aside for one specific goal: appliance ownership, business development, a down payment on a house, household repairs, post-secondary education, rental assistance, or vehicle ownership. For every dollar saved in the program, QVCDC will match savings 1:1 up to a capped amount. This program is made possible thanks to a generous donation by Harrison and Diane Quirk; as well as funding from Baystate Health, The Health Foundation of Central MA, and the Massachusetts Division of Banks.
How does the Harrison and Diane Quirk Financial Fitness Club work?
The Financial Fitness Club account is a matched savings account set up through the program. Every dollar deposited in a savings account will be matched up to a capped amount.
The Harrison and Diane Quirk Financial Fitness Club is a yearlong program. QVCDC will help participants choose one of the savings goals above and make a deposit schedule.
Each participant is required to attend monthly Financial Fitness classes from 5PM - 7PM on the second Thursday of each month from October 2021 to September 2022. Space is limited, so contact us soon!
Am I eligible?
*You must have income and be motivated to save some of your earnings. *You must be willing to attend Financial Fitness classes. * Contact Melissa at QVCDC at 413-497-4403 for eligibility criteria.
What benefits will I get?
You’ll sign up for a 1:1 matched savings account at Monson Savings Bank. *You’ll attend monthly group financial fitness classes to help you with budgeting, saving, banking and credit repair.
How do I apply?
Complete the contact us form on our website or call Melissa for more information: 413-497-4403. Space is limited, call today!