FNB Bank has earned the annual America Saves Designation of Savings Excellence award. This honor is reserved for financial institutions who displayed exceptional achievement during America Saves Week activities.
“The effects of Covid-19 continue to destabilize our nation’s health and financial well-being. Those of us that equipped to support others during this time are in a unique position to make a huge impact in our communities. The recipients of the Designation of Savings Excellence made extraordinary efforts to encourage and support everyday Americans. Most significantly, by encouraging and motivating individuals to establish automatic savings and set goals around short and long-term savings goals, like saving for emergencies and retirement,” said George Barany, Director of America Saves. “The foundation set by the DOSE honorees extends well beyond America Saves Week.”
“Their commitment to their communities is evident through their actions. We are encouraged and proud to highlight the incredible achievements of these 12 financial institutions.”
FNB is one of only 6 banks and 6 credit unions honored with this distinction. Collectively, these financial institutions encouraged over 92,000 individuals to deposit $157,557,265 into new and existing savings accounts during America Saves Week.
“We are proud to be recognized as one of the six banks across the nation to earn the annual America Saves Designation of Savings Excellence award,” stated Brooke Wiles, FNB Marketing Director. “With the ongoing pandemic, we believe it is more important than ever for individuals to save money and be prepared for the unexpected. FNB customers are the real winner here, as they make the commitment to save money far beyond America Saves Week.”
2021 America Saves Designation of Savings Excellence Recipients:
Bancorp South Bank
Southern Bancorp Bank
Baylands Family Credit Union
Jax Federal Credit Union
Mid-Hudson Valley Federal Credit Union
New Horizons Credit Union
Westmark Credit Union
America Saves Week is an annual event coordinated by America Saves with input from planning support that includes FDIC, AARP, AFCPE®, the National Foundation for Credit Counseling, Prudential, and more.
About America Saves
America Saves is a campaign managed by the nonprofit Consumer Federation of America that uses the principles of behavioral economics and social marketing to motivate, encourage, and support low- to moderate-income households to save money, reduce debt, and build wealth. America Saves encourages individuals and families to take the America Saves pledge and organizations to promote savings year-round and during America Saves Week. Learn more at americasaves.org and americasavesweek.org.
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. FNB is a 2021 ‘Best Places to Work in Kentucky’ Small Business Category Award Winner. The bank currently has nine locations: Mayfield Main, Mayfield Southside, Wingo, Lone Oak, Paducah Midtown, Murray North, Murray South, Cadiz Main, and Cadiz West. FNB is member FDIC and an Equal Housing Lender.