FOR IMMEDIATE RELEASE
February 17, 2012
Contact: Dean Debuck
Acting Comptroller Walsh Supports America Saves Week, February 19 - 25, 2012
WASHINGTON — Acting Comptroller of the Currency John G. Walsh today issued the following statement in recognition of America Saves Week, February 19-25, 2012:
The Office of the Comptroller of the Currency is pleased to support the activities of America Saves Week, which encourages individuals to increase their saving. National banks and federal savings associations contribute to this effort by offering products and services that help consumers save and increase their financial literacy.
Consumers and financial institutions recognize the importance of having access to a savings account to create the foundation for a sound financial future. Opening a savings account is an important step in helping a consumer achieve his or her financial goals, such as purchasing a home, creating a college or emergency fund, or retirement.
The Consumer Federation of America and the American Savings Education Council should be commended for their ongoing leadership and work with the America Saves Week campaign. Additionally, national banks and federal savings associations across the country are commended for their continued commitment to this campaign by engaging with community partners to encourage saving as a way to create economic stability and to expand financial services in their communities through initiatives, such as:
The OCC offers a wide range of resources on saving and financial literacy to consumers and financial institutions at its web site at www.occ.gov. The OCC’s District Community Affairs Officers are available nationwide to provide information about programs banks can initiate to promote savings by their customers.
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