Yeoju City, Nonghyup Mutual 'Hometown Love Donation' Transfer Ceremony between Yeoju and Yangpyeong

[Suwon Ilbo=Reporter Eom In-yong] Yeoju City announced on the 9th that it held a 'Hometown Love Donation Mutual Contribution Transfer Ceremony' at City Hall with the participation of the Nonghyup Central Yeoju City Branch (Branch Director Lee Moon-gi), Yeoju City Jeomdong Nonghyup (Director Shin Woo-yong), and others.

The Nonghyup Central Yeoju City Branch and Jeomdong Nonghyup donated 6.8 million won to Yangpyeong County, while the Nonghyup Central Yangpyeong County Branch and Jibyeong Nonghyup donated 6.5 million won to Yeoju City, committing to mutual development and prosperity through continuous exchange via voluntary mutual contribution participation.

The 'Hometown Love Donation System' allows individuals to donate to local governments outside their registered residence area. The recipient local government uses the donation for resident welfare projects and provides tax deductions to donors of up to 100% for amounts up to 100,000 won, and 16.5% for amounts exceeding 100,000 won, along with gift returns from the donation.

Meanwhile, Yeoju City provides local currency and other items as gift returns to help revitalize local commerce. Donations can be made through the Hometown Love e-eum website or at NH Nonghyup Bank branches nationwide.

Lee Moon-gi, Director of the Nonghyup Central Yeoju City Branch, said, "Through mutual donations, we hope to strengthen exchange and cooperation between Yeoju and Yangpyeong and provide mutual support for the establishment of the Hometown Love Donation System."

Mayor Lee Chung-woo said, "I sincerely thank the executives and staff of the two regional Nonghyup branches for participating in the mutual donation of the Hometown Love Donation System," and added, "We will ensure that the donated funds bring vitality to the local economy."