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Job creation is one of Kevin Boyce’s top priorities as he helps to get Ohio’s economy moving again.
That’s why, as Ohio’s Treasurer, Boyce continues to invest in small business growth through GrowNOW – an innovative partnership with community banks that cuts down interest rates for businesses looking to expand or retain jobs. Since 2007, the Treasurer’s office has invested into the program about $365 million, helping create and retain more than 15,000 jobs.
Boyce also is trying to help Ohio’s economy by helping family farms through the Ag-Link program, which reduces interest rates on operating loans and lines of credit. Each year, the Treasurer’s office allocates $125 million to the program because of the importance of farming to the state’s financial well-being.
Building Ohio’s wealth, though, doesn’t stop there. In fact, it begins at home.
That’s the driving force behind why Boyce launched SaveNOW, which gives Ohioans – once they complete a one-year financial education program – an enhanced 3.25 percent interest rate on savings accounts of up to $5,000. Boyce believes this will empower individuals to build wealth, critical to the state’s financial health and vital for building a stronger economic foundation.
But those values of building wealth and saving didn’t just start when Boyce became Treasurer. He learned those lessons early in life. When Boyce was 12 years old, he walked the stands at Ohio Stadium selling refreshments at football games. Half the money he gave his mother to pay household bills. The other half, he saved. Boyce understood then what saving money could do for his family and his future. And now he wants help yours through programs like SaveNOW.
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