FLINT, Mich., Dec. 7 /PRNewswire/ -- Looking for a gift that your child will never outgrow? Do you have family and friends asking you what they can give to your child for a birthday or holiday gift? Do you wish your child could better understand how regularly saving money is a good thing? Citizens Bank is introducing a new savings account that can answer all those questions. It's called a Let it Grow Gift Account(SM).
A Let it Grow Gift Account(SM) allows you, your family and friends to easily and securely contribute to a savings account in your child's name. As the child grows older, they can also begin contributing to the account to further boost their savings. It's like a gift registry, only this is a savings account. Citizens Bank representatives say that this new account is a perfect alternative to a gift of cash. By contributing to a Let it Grow Gift Account(SM), family members are contributing to something and more meaningful than what a cash gift would be. Plus, it has a longer term impact. One of the best features of this account is that it helps children to learn that by saving, long term financial goals, whatever they may be, are more attainable with the discipline of savings.
A Let it Grow Gift Account(SM) comes complete with invitations, email templates and step-by-step instructions for suggesting this gift alternative to family and friends.
To establish a Let it Grow Gift Account(SM), simply visit www.citizensbanking.com/giftaccount or stop in at any Citizens Bank location nearest you.
Citizens Republic Bancorp is a diversified financial services company providing a wide range of commercial, consumer, mortgage, trust and financial planning services to a broad client base. For more information about Citizens Republic Bancorp, visit www.citizensbanking.com.
Citizens Bank and F&M Bank are Members FDIC and Equal Housing Lenders
SOURCE Citizens Republic Bancorp