Savings Tips for Kids from Community Bank Mascots

Saving money is difficult at any age, so why not start sooner rather than later? Three community banks have mascots to help kids create savings accounts! Meet Rex the Dinosaur, Money Mouse, and Buck and Penny here.

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America Saves Week Wrap-Up

Just because America Saves Week has ended doesn’t mean you should stop saving and reaching financial goals. After all, saving is a yearlong and lifelong priority!

So tell us, how did you participate in America Saves Week? Are you a community bank that encouraged your customers to open savings accounts or set aside a dollar a day? Are you someone who’s just starting to save? Or are you a mom or dad that discussed the importance of financial independence with your kids? No matter what your situation is, we want to hear about it! Send us ways you save money or are reducing your debt and you might be featured on our Go Local blog!

Didn’t get a chance to chat with a local community banker in your area about ways you can start saving? Visit www.banklocally.org to find a community bank in your town today. Want to learn more about community banks and the local investments they make each and every day? Visit www.icba.org and follow @ICBA on Twitter.

– Terry Jorde, senior executive vice president/chief of staff at ICBA
@terryjorde

Go Local During America Saves Week!

America Saves Week is an annual opportunity for organizations to help promote positive savings behavior and for families and individuals to save and build wealth. Learn more about why saving is so important and how to get started on building a nest egg at www.americasavesweek.org.

Do you want to start  saving for the future or trying to pay off some pesky debt? You may want to consider these factors in choosing where you place your savings:

  • Access. How quickly can you access your money? Community banks are not only locally owned, but they also have state-of-the-art  technology so that customers can access their money when and where they need it.
  • Safety. How safe is your money? At community banks, the FDIC insures deposits up to $250,000 per depositor. No one has ever lost a penny of FDIC-insured funds.
  • Earnings. How much money will you earn? Community banks offer personalized customer service tailored to your individual needs and savings products that are often times  better and more cost-effective than larger institutions.

To find a community bank near you, visit www.banklocally.org. To learn more about community banks, visit www.icba.org and follow @ICBA on Twitter.

– Terry Jorde, senior executive vice president/chief of staff at ICBA
@terryjorde