MyPath Savings


MyPath Savings is a tested banking and savings model that seamlessly integrates key financial capability components into youth workforce programs, including: direct deposit, vetted youth­‐owned financial products (a checking and restricted savings account), a blended in-person and online financial education curriculum, and saving incentives. Youth participants are supported to open accounts, set a personal savings goal, set up direct deposit, use auto-split to save a designated portion of each paycheck, and incentives to meet their goal. MyPath provides workforce programs with the training and technical assistance they need to integrate these components into their existing program cycles.


MyPath Savings is the only tested youth financial capability program in the country with demonstrated outcomes, including savings behaviors, positive future orientation and self-efficacy.

  • Since 2011, MyPath Savings has generated over $3,445,191 in youth savings.
  • 85% of MyPath Savings participants open savings and checking accounts; and 75% meet their personal savings goal– on average saving 30% of their income.
  • MyPath Savings builds saving muscles, converting non-savers into savers. With two-thirds of participants reporting they don’t save at the start of the program, a remarkable 80% are saving after the program.
  • MyPath Savings has served 6,500+ youth. MyPath Savings has been implemented successfully in 14 cities.
  • Longer-term outcomes include: youth gain confidence to continue to budget, save and spend wisely; are more likely to attend college; have an emergency fund established; and are setting and meeting new personal goals through financial planning.  

MyPath Savings innovation and impact have been highlighted by numerous field leaders, including the Corporation for Enterprise Development (CFED), the Center for Financial Services Innovation, the Consumer Financial Protection Bureau and the Federal Reserve Bank of San Francisco.


Evaluation and Research Partners: Eastern Washington University ● Federal Reserve Bank of San Francisco’s Center for Community Development Investments● University of Michigan ● University of Missouri St. Louis ● University of Nevada at Reno ● Washington University in St. Louis 

Atlanta, GA

Youth Workforce Partners:  YouthBuild Atlanta at The Urban League of Greater Atlanta

Bay Area: San Francisco, Oakland, San Jose

City Partners: Federal Reserve Bank of San Francisco’s Center for Community Development Investments ● Mayor’s Youth Employment & Education Program (MYEEP)  ● San Francisco’s Department of Children, Youth and Their Families ● San Francisco’s Office of Financial Empowerment

Financial Institution Partners: San Francisco Federal Credit Union ● Self-Help Federal Credit Union ● Alliance Credit Union

Youth Employment Partners:  3rd Street Youth Center & Clinic ● Bay Area Community Resources ● Bay Area Video Coalition ● Bayview Hunter’s Point Center for Arts & Technology ● Bayview Hunter’s Point YMCA  Bernal Heights Neighborhood Center Buchanan YMCA ● CA Academy of Science ● CHALK  Community Youth Center of SF  Enterprise for Youth  Exploratorium ● Hearing & Speech Center of Northern CA  Horizons Unlimited ● Hunter’s Point Family  Inspiring Young Emerging Leaders (IYEL) Jamestown Community Center Japanese Community Youth Center (JCYC)  Jewish Vocational Service (JVS) ● Juma Ventures ● Larkin Street Youth Services Life Learning Academy  LYRIC ● Marriott Foundation for People with Disabilities  New Door Ventures ● Oasis for Girls Old Skool Café ● Peer Resources  Richmond Area Multi-Services ● Rising Sun ● SF Conservation Corps  SFO  ● Success Center of SF Sunset Youth Services ● The Arc of SF  Vietnamese Youth Development Center Village Project ● Yerba Buena Center for the Arts  Young Community Developers (YCD) United Way Bay Area ● Unity Council ● Urban Sprouts ● work2future

Las Vegas & Reno, NV

Financial Institution Partners: United Federal Credit Union

Youth Workforce Partners: Boys and Girls Club of Truckee Meadows Children’s Cabinet ● Clark County Human Resources  Community Chest Community Services Agency ● Goodwill Southern Nevada ● Nevada Partners Inc. 

Los Angeles, CA

Financial Institution Partners: SCE Federal Credit Union

Youth Workforce Partners: YouthBuild Compton

New York City, NY

Financial Institution Partners: Lower East Side Peoples’ Federal Credit Union

Youth Workforce Partners: Brownsville Community Henry Street Settlement ● Red Hook Initiative

Newark, NJ

City Partners: Newark Summer Jobs Connect at City of Newark One Stop Center  YouthBuild Newark

San Antonio, TX

Financial Institution Partners: Credit Human

City Partners: Family Services Agency ● SA Works

Seattle, WA

Financial Institution Partners: Seattle Credit Union

City Partners: JUMA Ventures Seattle

Stockton, CA

Financial Institution Partners: Golden One Credit Union

City Partners: YouthBuild San Joaquin Valley/Stockton

Become a Partner

If you are interested in learning more about our MyPath Savings model, please contact our Strategic Growth Lead, Catherine Dhongade, at [email protected].

Youth Participant

“I never wanted to save money. I always wasted it. But now I can keep it in the account and I don’t have to worry about my brother asking me to borrow money and not paying me back. It was a good way for me to save my money and actually at the end I feel proud of myself. It was worth all the effort and wait I put into it.”

Youth Participant, MyPath Savings

Jeannine Esposito

“No other organization is doing as thorough and successful job with youth as MyPath. We have a very deep, symbiotic relationship that has led to snowballing growth. Year after year the metrics keep rising, the programs keep expanding, and we’re now looking at expanding MyPath Savings to our branches in other locations.”

Jeannine Esposito, Manager, Community Engagement at Self-Help Federal Credit Union