Asset Building Financial Inclusion Report

The SEED for Oklahoma Kids Experiment: Initial Account Opening and Savings

SEED OK aims to investigate the policy innovation of giving every child an account at birth, and test whether participation has an impact on family attitudes and behaviors, saving for the child, and child development outcomes. This report first describes the SEED OK program and study design, including sampling and data collection. Second, we outline treatment incentives and information in SEED OK. Third, we identify the demographic and household characteristics of the study participants. Fourth, we describe OCSP account opening rates and deposit amounts for SEED OK children. Fifth, we compare demographic and household characteristics of those who opened participant-owned accounts with those who did not. Finally, we estimate whether SEED OK increased account opening and deposit amounts overall and among subgroups by comparing savings outcomes between treatment and control participants.

Project: SEED for Oklahoma Kids


Zager, R., Kim, Y., Nam, Y., Clancy, M., & Sherraden, M. (2010). The SEED for Oklahoma Kids Experiment: Initial account opening and savings (CSD Research Report No. 10-14). St. Louis, MO: Washington University, Center for Social Development.