Requests For Proposals and Information

Current Request for Proposals

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Statewide Banking Partner for Individual Development Accounts (IDA) and/or Matched Savings Accounts (MSA)

Issued by: Washington Workforce Association (WWA)

Issue Date: April 26, 2024

Technical Assistance: April 26, 2024 – May 6, 2024

Deadline: May 13, 2024, at 11:59pm

Announcement: May 24, 2024

Contract Execution: June 1, 2024

Contract Period: June 1, 2024 – June 30, 2025

The Washington Workforce Association (WWA) is Requesting Proposals for a qualified banking partner to collaborate on the development and implementation of Individual Development Accounts (IDA) and/or matched savings accounts. The selected banking partner will serve two primary roles:

  • Supporting statewide policy, process, and contract template development through a contract with WWA.
  • Serving as a statewide banking partner option to hold IDA/matched savings accounts (MSA) and provide 1:1 financial coaching/fiscal literacy for all individuals receiving an IDA/matched savings account as needed across the State.

Click here for the full RFP Details.

Washington Workforce Association Contact Information:

John Traugott

Executive Director

[email protected]

Olivia Hickerson

Program Development Manager

[email protected]