Saemaeul Geumgo Birth Support Savings Account Surpasses 35,000 Subscribers

MG Hope Sharing Yongyong Savings
Up to 12% Interest Rate Offered to 50,000 People Only

Saemaeul Geumgo Central Association announced on the 25th that the number of subscribers to the low birthrate support social contribution financial product "MG Hope Sharing Yongyong Savings," launched this year for newborns, has surpassed 35,000.

The product, jointly launched by Saemaeul Geumgo and the Central Association to celebrate the "Year of the Blue Dragon," is a one-year fixed-term savings account limited to 50,000 subscribers, offering a maximum interest rate of 12%. It provides a basic interest rate of 10%, with an additional special preferential interest rate (within 2%) for families with multiple children and residents in population-declining areas.

Saemaeul Geumgo Central Association explained that various subscriptions have been made, including cases of triplets, couples who overcame infertility and had children, a mother and daughter who gave birth to late-born children in the same year and joined together, and cases of a late-born child of a couple in their 50s and the fifth child of a young couple in their 20s.

Kim In, President of Saemaeul Geumgo Central Association, said, "We are pleased that Saemaeul Geumgo can contribute to overcoming the low birthrate era today," adding, "Saemaeul Geumgo will actively engage in overcoming low birthrates and supporting future generations for the vibrant tomorrow of local communities. We will continue to discover various support projects and fulfill our responsibilities and roles as a local community financial institution to contribute to the formation of a sustainable community."