Key Home SavingsMatch

Participants in this special Individual Development Account (IDA), can receive up to $1,500 in matching funds* to apply toward the purchase of a home.

The Key Home SavingsMatch plan was developed in conjunction with WECO Fund, Inc. in Cleveland and the Economic and Community Development Institute of Columbus**.

Ohio residents applying for the program must meet the following eligibility criteria:

· Currently earning between $19,600 and $67,200, depending on family size
· Individual or family must have at least one child
· Must have ability to save a minimum of $750
· Must complete financial and homebuyer education classes
· Must have the ability to demonstrate appropriate credit scores and other factors to be "mortgage ready" by  
  December 31, 2007

How to apply:
·  The applicant submits an application form along with verification of income at a KeyBank branch.

·  Applicant signs a credit report authorization form and release of information form. KeyBank refers the information to
   WECO so it can evaluate each application to determine eligibility.

·  WECO sends a letter to inform applicants if they are accepted. Participants bring the letter to a KeyCenter to 
   initiate the Key Home SavingsMatch plan and open a Key Saver Account with Key with a minimum of $50.

·  Key will waive the low balance monthly fee on the Key Saver Account for accountholders for 18 months.

How does it work?
·  If an applicant qualifies for the Key Home SavingsMatch Plan, they will attend and complete financial and 
   homebuyer education classes.At the same time, they will need to save at least $750 in a Key Saver Account by
   December 31, 2007.

·  Once they've saved $750, the investment will be matched two to one, meaning that they will receive an additional
   $1,500*. The total amount of $2,250 can be used as a down payment, or to pay closing costs on a home mortgage
   loan.

·  When the participant is ready to purchase a home, they may be referred to REALTORS® or community
   development corporations that assist individuals with finding a home. KeyBank is able to provide mortgage services
   for most participants and referrals are easily made to a Key mortgage advisor.

For more information about the Home SavingsMatch Plan: Call 1-866-IDA-WECO (1-866-432-9326) or 1-800-KEY-2-YOU (1-800-539-2968).