Jeongeup-si to Provide Congratulatory Money for Opening First Bank Account of Children Born This Year

MG Jeongeup Saemaeul Geumgo and First Life Bank Account Opening Support Project Business Agreement

[Asia Economy Honam Reporting Headquarters Reporter Kim Jaegil] Jeongeup City, Jeonbuk announced on the 19th that it signed a business agreement with MG Jeongeup Saemaeul Geumgo to support the 'Our Child's First Bankbook Opening Support Project.'

This project supports a birth congratulatory fund when issuing the first bankbook at the relevant credit union for children born after January 1 of this year.

According to the agreement, if a bankbook is opened in the name of the newborn, a birth congratulatory fund of 100,000 KRW per person will be supported (deposited).

The method to open the bankbook is to visit Jeongeup Saemaeul Geumgo within six months from the date of birth with the required documents (family relation certificate and basic certificate based on the newborn, parents' ID cards, and a seal of the parent or child) and apply.

The city is actively promoting the project through local eup/myeon offices and dong community centers to ensure many newborns benefit this year.

Also, Jeongeup Saemaeul Geumgo is responsible for the bankbook opening work for the payment of the support fund.

Director Kim Seokju said, “MG Jeongeup Saemaeul Geumgo, as a local company, is striving to continuously implement community return projects,” and added, “We plan to further expand social contribution activities through this congratulatory fund support project.”

Mayor Yoo Jinseop said, “This agreement is the first case of a private organization joining a local government to overcome low birth rates,” and added, “I hope this agreement will serve as an opportunity to expand mutual cooperation among local institutions and organizations to overcome low birth rates.”

This content was produced with the assistance of AI translation services.