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BancorpSouth Recognized By National Campaign Promoting Savings


BancorpSouth Recognized By National Campaign Promoting Savings
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TUPELO, Miss., April 29, 2021 /PRNewswire/  BancorpSouth Bank (NYSE: BXS) received the 2021 America Saves Designation of Savings Excellence for its seventh consecutive year of promoting better savings plans for customers.
The annual award recognizes financial institutions that go above and beyond to encourage people to save money. BancorpSouth and 11 other financial institutions are being recognized for their efforts to encourage individuals to open accounts and begin building wealth.
This past year has been financially difficult for many people across the country, said BancorpSouth Chairman and CEO Dan Rollins. We re so proud, now more than ever, to be a part of providing education and resources to our communities about the importance of saving. ....

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WesBanco Bank Again Receives the America Saves Designation of Savings Excellence


WesBanco Bank Again Receives the America Saves Designation of Savings Excellence
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WHEELING, W.Va., April 20, 2021 /PRNewswire/  WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, was recently recognized with the 2021 America Saves Designation of Savings Excellence for its extraordinary efforts during America Saves Week to encourage customers to save money.  The award is presented annually to financial institutions that demonstrate success encouraging and supporting their customers to save money and establish automatic savings plans.
WesBanco is proud of its more than 15-year partnership with America Saves to provide valuable financial resources to educate and encourage individuals about savings.  Across Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and West Virginia, WesBanco actively encourages savings year-round with special p ....

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Ask An Expert: Celebrate America Saves Week, By Saving!


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America Saves Week has been an annual event since 2007. It is held the last week of February and focuses on helping people save money. Most people would like to put more money in savings, but it can be daunting to get started. The Americasaves.org website is a great place to start. You can set savings goals and sign up for email and text reminders to help keep you on track. Consider these savings tips.
Save Automatically - This is the secret sauce to financial success. Automatically having your money direct deposited from your paycheck into a savings account increases your chances of saving by 100%. And if the money is out of sight and out of mind, you are less likely to withdraw it for random purchases. The book, The Automatic Millionaire by David Bach, is a good read for anyone who wants to become a regular saver. If you don’t have automatic savings set up, doing this is a great first step. ....

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Data shows Americans are saving more money since the pandemic


Americans are saving more money since the pandemic started and you can too
It s America Saves Week. Jacksonville Mayor Lenny Curry signed a proclamation for the week and institutions are encouraging people to save money.
Author: Leah Shields
Updated: 6:42 AM EST February 23, 2021
JACKSONVILLE, Fla. The pandemic has changed many ways we do things and according to data from the U.S. Bureau of Economic Analysis, it’s changed how much money Americans are saving. 
In April 2020 when the pandemic first began and much of the country was shut down, the U.S. personal savings rate skyrocketed to 32 percent. That means Americans were saving a third of their disposable income.  ....

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