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First Iowa CU IDA Saver Closes on Home

The first member of an Iowa credit union to have saved for a home though an individual development account has closed on their first home.

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The first member of an Iowa credit union to have saved for a home though an individual development account has closed on their first home.

The Iowa Credit Union Foundation reported that Christy Mart, a member of the $73 million Employees Credit Union, headquartered in Estherville, Iowa, saved $2,000 since enrolling the individual development account program in January of this year. Christy’s $2,000 was matched by $2000 from the ICUF as well as $2,000 from state of Iowa and the $5,000 new home buyer tax credit.

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