City of Cambridge Children’s Savings Account AgreementSavings Account Agreement • September 28th, 2021
Contract Type FiledSeptember 28th, 2021In connection with the Memorandum of Understanding (“MOU”) between the City of Cambridge and East Cambridge Savings Bank (“Bank”), regarding the City’s Children’s Savings Account (the “CSA”) program, the Bank will open an account for any interested kindergarten student enrolled in public schools operated by Cambridge Public Schools during the 2021-2022 school year. This program is to encourage savings for post-secondary education if the student meets the Bank’s account opening requirements, which includes having a Social Security Number.