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May 3, 2021
So Fifth-Third Bank wants to make today even more special for some new parents.
All newborns delivered Monday at Munson hospitals will get $1,053 to open a new college savings account.
The 529 savings account is designed to help with future college costs.
Fifth-Third Bank hopes to see new parents saving for their kids’ future from the day they are born, so they’re giving 5-3 babies a head start.
“Hopefully they get that nice surprise, and they’re excited to get that surprise, and it gives them a little kickstart in their savings plans for their new baby,” said Autumn Gillow, Market Executive for Fifth-Third Bank in Northern Michigan. “And obviously it’s a baby in our community, and that’s the future of our community so we’re excited to contribute to it.”