Financial Institutions Encouraged to Promote Automatic Savin

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Financial Institutions Encouraged to Promote Automatic Savings During America Saves Week (February 20–27, 2011) FIL-11-2011
February 23, 2011


Summary: Summary: Consumers are encouraged to assess or develop their savings plan during America Saves Week. FDIC encourages financial institutions to consider strategies to promote savings by encouraging automatic savings, especially for low- and moderate-income consumers. Also, institutions can provide financial education on the importance of savings and offer free or low-cost savings accounts.


Distribution:
FDIC-Supervised Banks (Commercial and Savings)
Complete Financial Institution Letter: http://www.fdic.gov/news/news/financial ... 11011.html