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February 2013
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Jewett City Savings Bank Promotes America Saves Week

ASW logo 4America Saves is a national campaign that encourages individuals to set a goal, make a plan and save automatically, and Jewett City Savings Bank is proud to participate and raise awareness of this important initiative.  America Saves Week will run from February 25th thru March 2nd.

To help people save more successfully and encourage more people to save, Jewett City Savings Bank will offer a regular savings account that has a minimum opening balance amount of only $5.  And, for new savings accounts opened during America Saves Week, the monthly service fee of $2 that is imposed if the daily balance is below $200 will be temporarily waived for six months.  This gives new savers a chance to work up to the minimum balance, by saving just $10 a week, without being charged the monthly fee.

“America Saves Week is a great opportunity to help people in our community set a goal, make a plan, and save automatically,” said Kevin C. Merchant, President & CEO of Jewett City Savings Bank.  “With savings rates being so low and unemployment so high now is a crucial time to save for an emergency or a specific goal.”

Individuals can participate in the national movement by joining America Saves at  As a saver, participants will receive a free subscription to the American Saver newsletter, can sign up for monthly email newsletters for tips and advice from national experts, and will have access to a number of interactive tools and resources.

America Saves Week is coordinated by America Saves and the America Savings Education Council.  The Week is an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status.