Endorsements
"Growing up my parents instilled in me the importance of saving for the future. When I worked as a young man they required me to put half of everything I earned into savings for education and the future. America Saves Week promotes the value of saving by urging Americans to develop a strong habit of saving a percentage of their income. Today, saving is easier than ever before with tools and apps from banks that automate saving and make it part of our everyday lives. The Office of the Comptroller of the Currency encourages national banks and federal savings associations to educate their customers about saving automatically and achieving their financial goals"
- Joseph M. Otting, Comptroller of the Currency
“Across multiple measures of financial capability, the FINRA Investor Education Foundation’s research shows persistent and widening gaps between those who are prospering and those who are struggling—despite improvements in the economy since the great recession 10 years ago. Separately, the majority of Americans have not tried to determine how much they need to save for retirement, even as just over half (51 percent) express worry about running of money in retirement,” said Gerri Walsh, President of the FINRA Foundation. “America Saves Week and Military Saves Month not only introduce and reinforce basic personal finance concepts, but also motivate Americans to automate savings whenever possible and foster financial wellness.
Financial literacy levels among Americans are alarmingly low, and nearly half of Americans have not set aside money to cover expenses for three months, according to the FINRA Foundation’s most recent financial capability study. These findings signal a great need for targeted financial education programs that raise financial knowledge, particularly in the workplace, to help individuals save and invest to reach their financial goals.”
- Gerri Walsh President, FINRA Investor Education Foundation Senior Vice President, FINRA
“AFCPE ® is proud to partner with America Saves Week and Military Saves Month. Teaching Americans how to create an effective savings plan and how to build positive and lasting financial habits, is what AFC ® professionals do each and every day. Good savings habits are the cornerstone of a strong financial foundation. Savings helps individuals and families accomplish their goals and realize their dreams. It helps them reduce debt and navigate tough life circumstances.
We believe in the collective power of community. Please join America Saves in this annual call to action. Help encourage more Americans to reflect on their current financial behaviors – to set a goal, make a plan, and work toward achieving better financial stability. The path to financial security is not always linear, but there are resources available to help more Americans get there!”
- Rebecca Wiggins, Executive Director, AFCPE ®
"Personal savings is an essential part of every American’s financial health. After our clients have successfully repaid their debts through a debt management plan, we encourage them to make a commitment to build their savings and plan for the future by taking the America Saves Pledge. By choosing to save, and remaining committed to that goal, savers can protect their economic stability for a lifetime."
- Jim Triggs, President & CEO, Money Management International
"Because military families move every two-to-three years, often endure family separations, and encounter frequent periods of spouse unemployment, saving money is difficult. America Saves Week and Military Saves Month is designed to help military families take stock of their financial health and discover ways to deal with these challenges. AMBA is proud to support both America Saves Week and Military Saves Month, our military banks all around the world take this opportunity to help the military communities they serve develop strategies to help them increase their savings. Visit your military bank during ASW and MSM to see how you can strengthen your financial future by saving for it today."
- Major General Steven J. Lepper (USAF Retired) President and CEO, Association of Military Banks of America (AMBA)
"Credit unions were created to help people live a better financial life, and America Saves Week provides an opportunity for our movement to further encourage members to develop healthy savings habits. The National Credit Union Foundation is proud to be a part of this Week that strengthens credit union members' financial resiliency through savings, fosters stronger financial futures and uplifts communities."
- Gigi Hyland, Executive Director of the National Credit Union Foundation
"During America Saves Week, financial institutions and their community partners collaborate to help people of all ages develop and achieve savings goals. Small steps in building a savings habit can make a big difference over time."
- FDIC Chairman Martin J. Gruenberg
"It's important for Boston residents to know that it's never too late to start saving for the future. America Saves Week is a great opportunity to take advantage of the many financial education and financial empowerment opportunities the City of Boston provides to help make saving more manageable."
- Martin J. Walsh, Mayor, City of Boston
"It is an honor for the Internal Revenue Service to partner with America Saves to help expand financial education and awareness across America. With the current tax filing season upon us this is a perfect time for individuals to explore ways they can save a portion of their tax refund. Three easy ways people can save is to choose to direct deposit all or part of their tax refund into a retirement savings account, a regular savings account or purchase U.S. Savings Bonds when filing their tax return. All are safe, easy and smart ways to save.”
- Frank Nolden, Director, Stakeholder Partnerships, Education and Communication (SPEC,) IRS
"The OCC is pleased to support America Saves Week. Throughout my career and personal life, I’ve understood that a savings account and the discipline to save are part of the foundation of our financial stability. During America Saves Week, national banks and federal savings associations can educate their customers about savings, setting financial goals, and how to achieve those goals. It’s easier than ever to save. Banks and savings associations can provide accessible, easy-to-use tools that empower consumers to grow their savings, letting consumers bank in the ways most convenient to them—at a nearby ATM or a local branch or using online and mobile banking applications on their phones or computers. Increasing consumer awareness about the importance of savings and continuing to make it easier to save can yield positive outcomes for our nation’s banks and the consumers and communities they serve."
- Joseph M. Otting, Comptroller of the Currency
"During America Saves Week, I encourage everyone to establish a financial goal and then make a plan for automatic, recurring deposits into a savings account to help achieve that goal. This is an opportunity for people of all ages. In fact, parents and guardians can guide their children in learning about saving by establishing or strengthening savings account relationships with banks."
- Martin J. Gruenberg, Chairman, Federal Deposit Insurance Corporation
"America Saves Week is a good time for consumers to begin their savings routines. Direct deposit is a helpful tool for consumers to use to meet their savings goals. By allocating certain funds from their paychecks or tax returns into a savings or an employer-sponsored retirement account, consumers can save automatically. Another effective tool is the myRA retirement account, a U.S. Treasury program for those consumers who don't have access to an employer-sponsored retirement plan. The myRA is simple, safe and affordable. Making savings a routine is an important step for consumers to secure their financial future."
- Richard Cordray, Director, Consumer Financial Protection Bureau
"The Internal Revenue Service is proud to partner with America Saves and others who continue to help expand financial education and awareness across the country. America Saves Week is a perfect time to explore opportunities to save. Three easy ways people can save is to elect to direct deposit all or part of their tax refund into a regular or myRA retirement savings account or purchase U. S. Savings Bonds when they file their tax return. All are safe, easy and smart ways to save.”
- Frank Nolden, Director, Stakeholder Partnerships, Education and Communication (SPEC,) IRS
"Whether buying a home, paying for college, or creating an emergency fund for car repairs or health care, saving automatically can help individuals and families achieve financial goals. Even small, weekly deposits add up over time. America Saves Week gives everyone an opportunity to see if they can put their savings on ‘auto pilot’ using tools and services of national banks and federal savings associations to help achieve their savings goals. I encourage banks and thrifts to continue seeking responsible, innovative solutions that promote and make saving easier and more accessible to everyone."
- Thomas J. Curry, Comptroller of the Currency
"America Saves Week reminds people across our country of the value of developing a financial plan and saving to help achieve their goals. The Office of the Comptroller of the Currency urges everyone to take this opportunity to take charge of their financial lives and review their savings plans. National banks and federal savings associations provide tools and services for millions to meet their financial goals, and I encourage banks and thrifts everywhere to continue seeking responsible, innovative solutions that make achieving financial goals easier and more accessible for customers everywhere."
- Thomas J. Curry, Comptroller of the Currency
"Making regular savings deposits – even small ones – into a federally insured financial institution is a safe way to work toward your financial goals. During America Saves Week, I encourage consumers to set up automatic, recurring deposits into savings accounts to help meet savings goals. And, parents can help their children explore opportunities for youth savings accounts to build stronger financial futures together."
- FDIC Chairman Martin J. Gruenberg
"One of the easiest and most effective ways to save is automatically. Millions of Americans save regularly by direct deposit from their paycheck into a savings or an employer-sponsored retirement account. Consumers can also automate savings by directing a portion of their tax refund into savings while filing their tax return, or signing up for a regular deposit into a simple, safe and affordable Treasury Department myRA retirement account. America Saves Week is a great time to start saving automatically."
- Richard Cordray, Director, Consumer Financial Protection Bureau
"America Saves Week reminds us that a smart investor is an informed investor. The tools available on SmartCheck.gov empower consumers and investors to check financial professionals’ backgrounds before investing their hard-earned savings. The CFTC is committed to protecting investors from fraud, and SmartCheck.gov provides investors with much needed tools to make smarter investment decisions."
- Chairman Timothy G. Massad, Commodity Futures Trading Commission
"We’re proud to partner with America Saves and the coalition of businesses, nonprofits, and federal agencies that are working to build a nation of savers. During America Saves Week, we come together to encourage our friends, family, colleagues and neighbors to build a secure future through regular savings. And for the millions of Americans who don’t have a way to save for retirement at work, myRA (my Retirement Account) makes starting to save easier than ever. It’s simple, safe and has no fees. Sign up at www.myRA.gov and start automatically saving out of your paycheck or from your checking/savings account. This America Saves Week, we’ll be talking about the importance of saving and we hope you’ll join the conversation too."
- Richard Ludlow, Executive Director, myRA, U.S. Department of the Treasury
"Consumer education and promoting financial literacy are fundamental to NCUA’s mission, and helping members build financial security is fundamental to the credit union system. Right now, too many people don’t have that security. Fortune magazine reported last month that 64 percent of Americans do not have enough money in their savings to cover a $500 car repair bill or a $1,000 emergency room visit. America Saves and Military Saves Week reminds us how important consumer education is to consumers, and, in fact, to our overall economic stability."
- Debbie Matz, Board Chairman, National Credit Union Administration
"Social Security is an important part of a sound financial plan. But, it can’t be the only part. To enjoy a comfortable retirement, people need to save and invest throughout their working lives. The new myRA savings account is an excellent place to start. I encourage workers to view their personalized Social Security Statement frequently for estimates of their future Social Security benefits. It’s easy to do by creating a my Social Security account at www.socialsecurity.gov. This service is free, fast, and secure. What better time than America Saves Week to get serious about planning for the future. Start saving today for a secure future, open a myRA account. For more information visit www.myRA.gov."
- Carolyn W. Colvin, Acting Commissioner, Social Security Administration
"America Saves Week reminds us of the importance of saving and investing. Saving a little each day and investing over a long period of time is how most Americans reach their financial goals. As part of the SEC’s mission to protect investors, we are working to help investors make informed investment decisions and avoid fraud."
- Lori J. Schock, Director of the U.S. Securities and Exchange Commission’s Office of Investor Education and Advocacy
"The Financial Planning Association (FPA) is pleased to support America Saves because savings is a vital component of any financial plan. FPA encourages those who can to save during America Saves Week Feb. 22-27. Establishing savings goals is the first of many steps to establishing good financial habits that can last a lifetime."
- Pamela Sandy, CFP® 2016 FPA President
“During America Saves Week, The Treasury Department joins many organizations and our federal partners in renewing our commitment to promoting the importance of saving. To help more Americans save, Treasury has created a new way to kick-start saving for retirement - myRA (My Retirement Account). This is a simple, safe and affordable savings option for people without access to employer-sponsored retirement savings. Additionally, we are working to ensure that more Americans have the knowledge and tools to manage money and credit responsibly - because educated and financially capable consumers contribute to the strength of our overall economy. America Saves Week is an ideal time for people across the country, especially young people, to think about ways that they can invest in their futures and lead healthy financial lives.”
- Jacob J. Lew, Secretary of the U.S. Treasury Department
“Saving money on a regular basis in a federally insured financial institution is a proven way to safely and steadily reach your financial goals,” said FDIC Chairman Martin J. Gruenberg. “Whether you are opening your first savings account or have had one for a while, during America Saves Week I encourage you to establish a regular contribution to an insured account. You might be surprised how the habit of regular savings—even in small amounts—can help you make progress to a stronger financial future.”
- FDIC Chairman, Martin J. Gruenberg
“Parents play a critical role in teaching their children about saving money. America Saves Week 2015 is a great opportunity for parents and caregivers to start a savings activity – like helping a child open a savings account – with their children. I encourage every parent and caregiver to talk to their children about the importance of savings.”
- Richard Cordray, Director, Consumer Financial Protection Bureau
"If you are a small business owner and looking for a way to reward hard work, why not start a retirement savings plan? Putting away even a small amount each paycheck is a first step towards a secure retirement and there are real tax advantages for you and your employees. Participate in America Saves Week by setting up a plan to start to save for retirement. The Labor Department has tools and information that can help you get started."
- Phyllis C. Borzi, Assistant Secretary of Labor for Employee Benefits
“It is crucial to teach children about the benefits of saving for important goals. America Saves Week provides an opportunity for national banks and federal savings associations to work with consumers to promote the development of strong savings habits that provide lifetime benefits.”
- Thomas J. Curry, Comptroller of the Currency
"Social Security enthusiastically supports America Saves Week. To enjoy a comfortable retirement, think of Social Security as the foundation for your financial planning. You will also need other reliable sources of income, such as pensions, savings, and investments. Get started on your retirement plan today by creating a my Social Security account at www.socialsecurity.gov/myaccount to get estimates of your future benefits. It’s never too early to start planning for your “Someday”!"
- Carolyn W. Colvin, Acting Commissioner, Social Security Administration
“America Saves Week brings increased focus on the importance of saving and investing. For most Americans, the way to attain financial security is to save and invest a little each day and over a long period of time. As part of the SEC’s mission to protect investors, we are working to help investors make smart investment decisions.”
- Lori J. Schock, Director of the U.S. Securities and Exchange Commission’s Office of Investor Education and Advocacy
Sign Up for America Saves Week
- Get access to the America Saves Week Digital Toolkit.
- Be recognized on the America Saves Week website as a Participating Organization.
- Get exclusive invites to webinars and training opportunities with the America Saves staff to help make it a successful week.
- Be eligible to earn the coveted Designation of Savings Excellence and Savings Champion Awards.