North Carolina Saves Announces 2,000 Savers have Joined Statewide Campaign
In just eight months after the official campaign kickoff, the 2,000th NC Saver enrolled in the statewide campaign. NC Saves is a statewide effort to help individuals and families save and build wealth. Popular savings goals have included establishment of an emergency fund, homeownership, higher education and retirement.
This statewide coalition is made up of numerous nonprofit and community groups that provide financial literacy to lower income families. They link NC Savers that request a wealth coach with a trained volunteer that can answer many questions on savings accounts, investing or wealth building.
NC Savers also are eligible for free savings accounts at participating banks and credit unions. Statewide partners include RBC Centura, Wachovia, First Citizens Bank, SunTrust and Fidelity Bank. Many regional and local banks and credit unions are also offering free savings accounts to NC Savers. Free savings accounts feature minimum balance requirements of no greater than $25. Many accounts can be opened with just $1. Also, monthly maintenance fees are waived for at least 12 months to allow for savers to build their balances fee-free.
New NC Savers can enroll online here: Join NC Saves