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Announcement: Application Period Open for Charles Schwab Bank Community Development Capacity Building Grant

                 Program Deadline, Monday, October 2, 2006

    RENO, Aug. 15 /PRNewswire-FirstCall/ -- Charles Schwab Bank today
announced it is accepting applications for its 2006 Community Development
Capacity Grant program. The deadline for applications is Monday, October 2,
2006. The grant initiative is to build the capacity of nonprofit
organizations, faith-based groups and public agencies in Washoe and Storey
Counties, Nevada to undertake affordable housing and community development
projects.
    Grants will be awarded on a competitive basis in the areas of
organization capacity building, project development and public policy
relating to affordable housing and community development projects. Grant
recipients will receive between $5,000 and $20,000 towards their projects.
    In order to encourage broad participation in the grant program, and to
attract smaller non-profit organizations that might have difficulty in
applying, Charles Schwab Bank is offering technical assistance to a limited
number of organizations in shaping their funding requests and preparing
their applications for this grant program. Request for technical assistance
must be made at least four (4) weeks prior to the application deadline.
    For more information about the Charles Schwab Bank Community
Development Grants program, please contact Nancy Muniz, Community
Development Manager at 775-689-6830; email: nancy.muniz@schwabbank.com or
visit the Bank's website at http://www.schwabbank.com.
    About Charles Schwab Bank
    Headquartered in Reno, Nevada, Charles Schwab Bank, N.A. provides a
variety of deposit and lending services including, checking, savings, money
market, CD accounts, home mortgages, HELOCs, Pledged Asset Mortgages,
credit cards, and debit cards. Deposits are FDIC-insured. Clients can learn
more about bank products and services, including the Schwab Bank Visa
credit card and Schwab Bank Investor Checking, by phone, mail or at
schwabbank.com. Charles Schwab Bank, N.A. is a subsidiary of The Charles
Schwab Corporation.
    Charles Schwab Bank, N.A. Equal Housing Lender (Member FDIC)
(0806-3351)


SOURCE Charles Schwab




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Related links:
  • http://www.schwab.com
    CONTACT:
    Nancy Muniz of Charles Schwab Bank,
    +1-775-689-6830, or nancy.muniz@schwabbank.com