Did you know that the easiest and most effective way to save is automatically? Saving automatically is at the heart of America Saves Week. And, it’s how millions of employees save through 401(k) and other retirement programs at work. It’s also how millions of Americans save at their bank or credit union. It’s a great way to build wealth and financial security, and it’s easy to set up!
How to Save Automatically
- Every month, have your bank or credit union transfer a fixed amount (like $25, $50 or $100) from your checking account to a savings or investment account. Talk to your local bank or credit union to set this up. – OR
- Every pay period, have your employer deduct a certain amount from your paycheck and deposit it in a savings account. Ask your HR representative for more details.
- If your employer offers a retirement account, sign up and put in at least the minimum contribution to receive any matches they may offer. Ask your HR representative for more details.
How to Reduce Debt Automatically
- Set up automatic payments towards your debt by providing your checking account information to your loan provider to ensure that the payments are on time and in full.
- Enrolling in automatic payments may even qualify you for a small interest rate reduction with some types of loans and providers, such as some student loans.
- Not sure how much to save each month? Take the America Saves Pledge. The pledge will help you create a monthly savings plan and stay committed to it all year long!
February 22, 2019 (Mayfield, KY) FNB Bank is proud to announce that Bob Turok has joined FNB Bank as a Vice President and Business Banking Officer. Bob brings with him more than 38 years of banking experience having served in various roles including Market President, CEO and Private Banking Officer.
February 15, 2019 (Mayfield, KY) FNB Bank is proud to announce that Tyler Goodman has joined FNB and will be serving the Mayfield-Graves County market as a Business Banking Officer. In this position, Tyler will be developing new customer relationships and working with existing agriculture and commercial loan clients.
February 13, 2019 (Mayfield, KY) FNB Bank recently partnered with Wendy’s of Mayfield for a Fundraising Chili Lunch to benefit the Feeding America Backpack Program for Mayfield and Graves County Schools and the Graves County Child Advocacy Program. The lunch consisted of a cup of Wendy’s chili, a pimento cheese sandwich, crackers and a dessert all for a $5 donation.
Wendy’s donated the chili, crackers, hot sauce, cutlery and napkins to the cause while FNB employees donated money to go towards the purchase of other necessary supplies. The lunch took place on Wednesday, February 6th at FNB’s Mayfield Main Office. Various businesses, organizations and individuals in the community placed over 300 orders which resulted in a profit of $1786.34 that will go towards the two philanthropies.
FNB Bank, founded in 1875, is one of the oldest banks in the state of Kentucky and ranks among the highest in the nation in the area of safety and soundness. The bank currently has eight locations: Mayfield Main, Mayfield Southside, Wingo, Lone Oak, Paducah, Murray, Cadiz Main, and Cadiz West. FNB is member FDIC and an Equal Housing Lender.
January 8, 2019 (Mayfield, KY) FNB Bank is proud to announce that Bradley Shoulta has joined FNB Bank as a Deposit Officer. Bradley has previously worked as a merchant services account executive and finance manager.
December 21, 2018 (Mayfield, KY) During the month of December, FNB Bank made a $500 Christmas Donation on behalf of their customers and community members to the Family Service Society of Paducah, KY.
December 20, 2018 (Mayfield, KY) FNB Bank is proud to announce that Riley Beth Willett (Smith) has joined FNB and will be serving the Mayfield-Graves County market as a Mortgage Loan Officer. Willett has worked as a realtor for the past four years and looks forward to using her real estate experience in her new position with FNB.
