"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
March 12, 2020
“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
January 13, 2020
“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 ®
January 2, 2020
“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
December 13, 2019
"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)
December 13, 2019
“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
December 13, 2019
"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
February 23, 2018