FAIRFIELD SAVES

United Way of Fairfield County has partnered with PNC Bank to launch a match savings program, "Fairfield $aves". This program was launched during tax season to encourage families to save at a time when they are more likely to have a little cash. Nearly 45% of Ohio households have little or no savings to fall back on in the case of an emergency. United Way is interested in helping families in our community build a savings habit by providing a match to eligible clients who open a match savings account with at least $100. The Fairfield Saves program is part of an ongoing effort to increase financial stability for low and moderate income families in our community.

Interested participants will open a Fairfield Saves account at a local PNC branch. A key component of the program includes monthly minimum deposits to encourage saving every month in an effort to create a behavior change. The funds are available for use and bonuses are based on average daily balance to avoid large withdrawals and deposits. Savings bonuses are earned throughout the year:

1. Get a $40 enrollment bonus at the end of90 days?? llYour account balance stays above your initial deposit.

2. Get an extra $40 savings bonus after 7 months llYoU deposit at least $10 every month and keep your account balance above your initial deposit.

3. Get a 3% bonus on the average daily balance of your account at the end of the first year if average is above initial deposit (maximum $30 match)

If you are interested in opening an account, please call Scott Spangler at United Way, 740-653- 0643. The United Way office must be contacted for further instructions prior to opening an account at PNC.

 

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United Way of Fairfield County • 115 South Broad Street, Lancaster, Ohio 43130
Telephone: (740) 653-0643 | (614) 833-6562 | Fax: (740) 653-1139
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