Promoting automatic savings to help people reach their savings goals
As part of America Saves Week 2020, February 24 – February 29, 2020, Jewett City Savings Bank is spreading the message of saving successfully and encouraging people to make savings automatic.
“America Saves Week is a great opportunity to help people in our community save by Setting a Goal, Making a Plan, and Saving Automatically,” said Kevin Merchant, president and CEO of Jewett City Savings Bank.
To encourage people to save more successfully and encourage more people to save, during America Saves Week, Jewett City Savings Bank will offer new savings accounts and waive the minimum balance service fee for six months, giving consumers time to achieve the minimum balance by saving just $8 per week. Those opening a new savings account for a minor will receive a free piggy bank. New accounts can be opened at any Jewett City Savings Bank location.
America Saves Week, coordinated by America Saves and its partners, is a national opportunity for organizations to work together within their communities to transform the lives of millions of Americans. It is the framework in which participating organizations annually take on the savings challenges that their constituents face with support from local and national partners.