JACKSONVILLE, Fla. — Jax Federal Credit Union said it will be among the credit unions participating in America Saves Week this week. Jax FCU noted it has participated in this campaign every year since 2017.
Jax Federal Credit Union reported it will celebrate America Saves Week at all eight of its Northeast Florida branches by waiving the $5 membership fee with a qualifying $5 deposit to establish a savings account. It will also encourage members to explore products and services linked to daily themes throughout the week, including:
- Monday, Feb. 22: Save automatically with Money Market accounts
- Tuesday, Feb. 23: Save for the unexpected with You-Name-It savings
- Wednesday, Feb. 24: Save to retire by contributing to an IRA
- Thursday, Feb. 25: Save by reducing debt with a Visa Balance Transfer
- Friday, Feb. 26: Save as a family with Teen accounts
‘Reinforced’ Value of Savings
“The economic challenges of the pandemic have reinforced why strong savings habits are so important to long-term financial health,” said interim President and CEO Mary Svoboda. “Through our participation in America Saves Week, we hope to provide valuable information and resources to support our members in all of their savings goals.”
America Saves Week started in 2007 and provides an opportunity for organizations to promote good savings behavior, encourage individuals to assess their own savings habits and inspire Americans to commit to saving successfully. America Saves is a non-profit organization that is an initiative of the Consumer Federation of America (CFA).