Today, 37 banks, credits unions, and military-affiliated organized were awarded the America Saves Designation of Savings Excellence. The award is presented annually to financial institutions that make extraordinary efforts to encourage saving during America Saves Week/Military Saves Week and succeeded in encouraging customers and to open and add to wealth-building accounts.
This is the first year military-affiliated organizations were recognized.
“This year’s designees are the leaders in their field at responding to the savings crisis by working directly with American families to open and add to savings accounts," said George Barany, director of America Saves. "These banks, credit unions and military-affiliated organizations don’t just tell people why it’s important to save, they help them do it.”
Just two in five American households report making good or excellent savings progress. America Saves Week is an annual opportunity for people to assess their savings status and make a plan to start or increase saving, and for organizations like banks or credit unions to support good savings behavior. America Saves Week is coordinated each year by America Saves and the American Savings Education Council. >> Learn more about America Saves Week here.
2018 America Saves Designation of Savings Excellence Recipients:
Military family and financial readiness centers and youth programs:
- Kadena Air Base, Japan: Airman and Family Readiness Center
- Peterson Air Force Base, Colo.: Airman & Family Readiness Center Personal Finance Readiness
- Naval Base San Diego, Calif.: Fleet & Family Support Center
- Tinker Air Force Base, Okla.: Youth program
- Travis Air Force Base, Calif.: Base & Family Readiness Center
Banks:
- Armed Forces Bank
- BancorpSouth Bank
- Bank of America
- Bank of Guam
- Broadway Bank
- Farmers Savings Bank
- First Arkansas Bank & Trust
- First Commonwealth Bank
- Fort Hood National Bank
- Home Federal Bank
- M&T Bank Corporation
- Mechanics Bank
- SmartyPig by Sallie Mae Bank
- Southern Bancorp
- WesBanco Bank, Inc.
Credit unions:
- AFFCU, A Federal Credit Union
- Andrews Federal Credit Union
- Beach Municipal Federal Credit Union
- Bi-County PTC Federal Credit Union
- Eglin Federal Credit Union
- Hanscom Federal Credit Union
- Harvard University Employees Credit Union
- Jax Federal Credit Union
- Keys Federal Credit Union
- MECU of Baltimore
- Navy Federal Credit Union
- New Horizons Credit Union
- Pacific Marine Credit Union
- Pioneer Valley Credit Union
- R.I.A. Federal Credit Union
- Service Credit Union
- Westmark Credit Union
Learn more about the America Saves Designation of Savings Excellence for banks.
Learn more about the America Saves Designation of Savings Excellence for credit unions.