Saint Paul Seeks Financial Institution Partners for College Savings Accounts
Wednesday, June 12, 2019
The City of Saint Paul is seeking financial institution partners for the City’s new College Savings Account Program, College Bound, and has issued a Request for Information in providing savings accounts.
The City’s goal is to develop an accessible, equitable, and sustainable college savings account program that provides resources and knowledge for all Saint Paul families.
The RFI is a result of recommendations issued by the College Savings Account Task Force’s in January. Dave Boden, President/CEO of Hiway Federal Credit Union and member of the Minnesota Credit Union Network Board of Directors was appointed by Mayor Melvin Carter to serve on the task force.
Two other Hiway associates, Tina Jones, Community Outreach Administrator, and Bill Wagner, Vice President of Business Development, served on Subcommittees and Committees for the CSA task force.
For more information about the RFI and submission process, contact Paul.Dotson@ci.stpaul.mn.us. The deadline for submissions is July 2, 2019.