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College Savings Bank Announces Social Online Gifting Features

On August 15, College Savings Bank (CSB)—program manager for the Indiana CollegeChoice CD 529 Savings Plan and Arizona Family College Savings Program—has launched a cutting-edge online gifting feature for its FDIC-insured 529 CD products. Now relatives and friends can contribute to an established college fund via email or Facebook!

What’s so special? College Savings Bank is the first to make an existing 529 account go viral in a positive and fun way. The simple check of a box, allows the account owner to post a banner ad to their Facebook page timeline. Once clicked, by a family member or friend, they are taken to a secure webpage to contribute to a specific account for a particular occasion.

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