The L.I.F.E. Program stands for, “Liberty in Financial Education” and it will begin this month
through a partnership
between St. Timothy’s Lutheran Church
Albuquerque, the Rio Grande Credit
Union, and Zia
called us to
against the devastating impact of
predatory lending in New Mexico. St.
Timothy’s is located in an area
inundated by these lenders. L.I.F.E. is St.
Qualifying families from Zia will be
given an application to the L.I.F.E
Program, which includes 10 weeks of
financial education followed by 24
months of financial incentives that allow
families to put to work what they have
learned in the 10-week program.
Below are the basics:
1. Participants will attend at least 9 out
of 10 one-hour sessions of financial
education offered by a certified
2. Upon completion of at least 9 of the
10 sessions, St. Tim’s will assist
families in opening a savings
account at Rio Grande Credit Union
with a $100 beginning balance.
3. This small grant of $100 will be
provided by the St. Timothy’s
Mission Endowment Fund and is
intended to give families a small
head start in building financial
4. Over the next 18 months, St.
Timothy’s commits to matching the
deposits families make to their
savings accounts up to $10 per
5. At the end of the program, if families
take full advantage of the matching
grant money offered by St.
Timothy’s, they will have a savings
account with a balance of $480 plus
With their partners at Rio Grande Credit
Union, Zia Elementary, and Lutheran
Advocacy Ministry, St. Timothy’s is
indeed Christ's Church, Better Together!
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