Charter One launches programs to boost savings for home, college

Source: crainscleveland Posted By: Doreen E...5496 days ago

Saving money? Charter One Bank wants to help.

The bank and its parent company, Citizens Financial Group, are launching two incentive programs that reward customers with $1,000 bonuses if they save to buy a house or pay for a child’s college education.

The homebuyer bonus requires customers to save at least $100 a month for 36 months and finance their home through the bank. Those who participate in the college savings account must start saving $25 a month before their child is six.

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