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Tower Savers® Account Fast Facts

Youths Learn Financial Literacy

First Commonwealth strongly believes in promoting the financial literacy of the youths in our community. We’re committed to this principal and have developed a program that helps children learn to manage their money effectively. Our Tower Savers program includes classroom modules and our Tower Savers account offers a broad range of benefits to help our communities’ youths prepare themselves for a successful financial future.

 

Features

Benefits

Accessible & Convenient

  • Account information accessed online, free of charge
  • Free monthly statement

Educational & Fun

  • Online calculators facilitate financial responsibility
  • Tower Savers book helps youths track saving and spending
  • Valuable savings tips and lessons available in First Commonwealth offices and online
  • Tools facilitate financial vocabulary, money management skills and concepts
  • Scholarship opportunities

Flexible & Affordable

  • Suitable for youths and students through age 21
  • $10 minimum opening deposit required from client
  • No service fees

Encouraging & Beneficial

  • To encourage savings, First Commonwealth matches the client’s first $10 deposit with either a $5 cash deposit and a Tower Savers bank OR a $10 cash deposit without a Tower Savers bank
  • Coin counters in specially selected offices help young savers turn their coins into deposits

 

To find out more about how a Tower Savers account can help your young saver to be financially literate, call 1-800-711-BANK (2265) or email towersavers@fcbanking.com

 

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