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Today, 32 banks and credits unions were awarded the America Saves Designation of Savings Excellence and eight financial institutions received honorable mentions. 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 was our most competitive year so far, with this year’s Designation award winners engaging in creative ways and offering savings incentives,” said Allie Vered, America Saves Director. “We applaud each of this year’s recipients for their efforts to educate and inspire, and most importantly, take action to save money.”
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.
2017 America Saves Designation of Savings Excellence Recipients:
- Air Force Federal Credit Union
- Andrews Federal Credit Union
- Armed Forces Bank
- BancorpSouth Bank
- Dean Bank
- District Government Employees Federal Credit Union
- Dover Federal Credit Union
- Eglin Federal Credit Union
- Farmers Savings Bank
- First Arkansas Bank & Trust
- First Federal Savings and Loan Association of Port Angeles, WA
- FNB Community Bank
- Fort Hood National Bank
- Guadalupe Credit Union
- Hanscom Federal Credit Union
- Home Federal Bank
- Jax Federal Credit Union
- Keys Federal Credit Union
- LUSO Federal Credit Union
- M&T Bank Corporation
- Mechanics Bank
- MECU of Baltimore
- Navy Federal Credit Union
- Pacific Marine Credit Union
- Peninsula Federal Credit Union
- Pioneer Valley Credit Union
- Quontic Bank
- R.I.A. Federal Credit Union
- SmartyPig by Sallie Mae Bank
- Southern Bancorp
- Torrington Savings Bank
- WesBanco Bank, Inc.
2017 Honorable Mentions:
- Broadway Bank
- Freedom Federal Credit Union
- FreeStar Financial Credit Union
- Frontier Community Credit Union
- Heritage Bank & Trust
- NSWC Federal Credit Union
- Security Service Federal Credit Union
- TS Bank
