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Sunwest Bank joins forces with O.C. Community Housing Corp.

The firm has contributed $10,000 to a matching fund to help underserved families save for their children's college education.

By Jenna SweeneyPublished: November 10, 2010 02:15 PM

Tustin-based Sunwest Bank has contributed $10,000 to a matching fund managed by the Orange County Community Housing Corp.'s College Awareness Program. The effort seeks to challenge very-low-income families to save for their children's college education.

Those participating in the College Awareness Program can put up to $500 a year into the tuition account that will be matched dollar for dollar by the Sunwest Bank grant.

The College Awareness Program has enabled hundreds of low-income students to further their education.

“The matching funds underline the philosophies we share with residents of our subsidized housing and students in our College Awareness Program: that in order to get ahead, they must be prepared," said Allen Baldwin, executive director of the 33-year-old Orange County Community Housing Corp., which seeks to end poverty by helping underserved families in the region.

Sunwest Bank also recently donated $10,000 to a savings campaign for the agency's SteppingUP college-preparation program, which focuses on life planning, job skills and education for teens.

“We are extremely pleased to have this investment from Sunwest Bank,” said Baldwin. "We encourage them (the students) to save money while seeking higher education and vocational training. These are the tools needed to break the cycle of poverty.”

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