Bank for a Cause

Thanks to Liberty Savings Bank’s commitment to the communities it serves and to charities, they have created a unique program called Bank for a Cause. When you open a free Bank for a Cause Checking account and meet the criteria of the account, Liberty will donate 1% of your signature-based debit card transactions to GRRSWF each month you meet the criteria.

Thank you for considering the Bank for a Cause program. We truly believe that this program will help us in our
efforts. By simply opening a checking account and using it to make purchases just as you usually do, you will
make a difference here at GRRSWF.

Frequently asked questions


What is Bank for a Cause?

Bank for a Cause Checking is designed for individuals who want to direct contributions from Liberty Savings Bank to a 501(c)3 organization of their choice. When the client meets the criteria of the account, Liberty will donate 1% of the client’s signature-based debit card purchases to the 501(c)3 charity of choice each month the criteria is met.*

Who can participate?

Any U.S. citizen or foreign national 18 years of age or older can open a Bank for a Cause Checking Account.

Why is the Bank doing this?

Liberty Savings Bank’s involvement in the community is an important part of its company philosophy. Bank for a Cause is proof of a continued commitment to help its clients and communities. Liberty Savings Bank is empowering clients to tell us what organizations we should financially support.

How are contributions earned?

To participate in this program, clients open a Bank for a Cause Checking Account in conjunction with a free MasterCard® Debit Card. They must maintain enrollment in eStatements and have at least one direct deposit or three bill pays using Liberty’s free Online Bill Pay service each month. When account holders make signature-based purchases using their MasterCard Debit Card, Liberty will dontate 1% of the client’s total signature-based purchases to the 501(c)3 organization of choice.

Where does a person enroll?

The easiest way to open a Bank for a Cause Checking is online at www.BankForACause.com. Liberty is able to offer this account across the United States, so you do not need to be close to a Financial Center.

Bank for a Cause Checking can also be opened at any Liberty Savings Bank Financial Center. For more information about Liberty Savings Bank or for a listing of our locations,  visit www.libertysavingsbank.com or call FreedomLine® at 800.436.6300.

How will our organization receive donations?

Donations will be made by Liberty Savings Bank in the name of the Bank. Checks are submitted quarterly to charities selected by Liberty clients. 501(c)3 organizations may also elect to receive payments electronically into the organization’s operating checking account.

Will donations be tax-deductible?

As donations will be made by Liberty Savings Bank, any tax-deductibility will be retained by the Bank.

Will Liberty Savings Bank endorse any specific non-profit organization?

Liberty Savings Bank does not endorse specific non-profit organizations. Through Bank for a Cause, Liberty Savings Bank will provide clients the opportunity to support their favorite 501(c)3 organization.

 

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