THORNDALE, Pa. – Citadel Federal Credit Union is helping educate low-income individuals and families about financial management and the importance of saving. The $348 million credit union has become a partner in the Family Savings Partner Program. The Family Savings Partner Program is administered by Open Hearth Inc, which promotes a network of resources to create long-term, affordable housing for residents of Chester and Montgomery County. Program participants save a minimum of $10 per week for one to two years and each dollar saved is matched by 50 cents, with a maximum match of $300 per year. Money must be saved for a specific goal, such as purchasing/renovating a home, furthering education, developing a business or even retirement.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.