First Commonwealth Bank Receives 2023 Designation of Savings Excellence Award
Indiana, PA (June 6, 2023) – Today, America Saves announced First Commonwealth Bank as a recipient of the 2023 Designation of Savings Excellence Award (DOSE), the only national award focused on recognizing financial institutions for their work in helping Americans improve financial stability. The coveted honor highlights banks and credit unions that made an extraordinary effort to promote positive saving behaviors in their community during the annual America Saves Week campaign.
First Commonwealth was one of only 15 recipients (eight banks and seven credit unions) to be honored this year out of more than 3,900 organizations who participated in America Saves Week in 2023, which took place February 27 - March 3.
“America Saves has the distinct honor of working with financial institutions that actually care about their customers and members,” said Kia McCallister-Young, Director of America Saves. “That has always been a stand-out point to me, that the organizations that participate in America Saves Week go the extra mile; there’s no requirement to be a part of this campaign, they’re here because they WANT to be and they believe in the message of helping their employees, constituents, and community be more financially confident. We’re thrilled to be able to honor these banks and credit unions and highlight their hard work.”
America Saves Week is a time-honored, national event bringing together thousands of organizations across multiple sectors to transform the lives of Americans by encouraging them to save successfully. First Commonwealth alongside other participating financial institutions helped reach nearly nine million people and during the weeklong event, individuals deposited more than $788 million into new or existing savings accounts.
“We are so thrilled with this recognition by America Saves and parent organization, Consumer Federation of America,” offered Anna Frank, Financial Education Coordinator for First Commonwealth Bank. “Participating in America Saves Week each year is a wonderful way to help teach our community members how to manage and save their hard earned money. We believe that is more important than ever in today’s economy, and providing financial education is one of our favorite ways to live our mission.”
Additionally, First Commonwealth Bank, through Anna’s efforts, was recognized in 2022 by the American Bankers Association Foundation with its Community Commitment Award for Financial Education.
To review the complete list of the 2023 DOSE Award recipients, visit www.americasavesweek.org/newsroom/dose-recipients/2023-designation-of-savings-excellence-recipients/
About First Commonwealth Financial Corporation
First Commonwealth Financial Corporation (NYSE: FCF), headquartered in Indiana, Pennsylvania, is a financial services company with 126 community banking offices in 30 counties throughout Pennsylvania and Ohio, as well as business banking centers in Pittsburgh, Pennsylvania, and Canton, Cincinnati, Cleveland and Columbus, Ohio. The company also operates mortgage offices in Wexford, Pennsylvania, as well as Hudson and Lewis Center, Ohio. First Commonwealth provides a full range of commercial banking, consumer banking, mortgage, wealth management and insurance products and services through its subsidiaries First Commonwealth Bank and First Commonwealth Insurance Agency. For more information about First Commonwealth or to open an account today, please visit www.fcbanking.com.
About America Saves
America Saves is a campaign managed by the nonprofit Consumer Federation of America that uses the principles of behavioral economics and social marketing to motivate, encourage, and support low-to-moderate income households to save money, reduce debt, and build wealth. America Saves encourages individuals and families to take the America Saves pledge and organizations to promote savings year-round and during America Saves Week. Since its inception, over 12,000 organizations have participated in America Saves Week to promote savings to their communities. Learn more at americasaves.org.
Vice President / Communications and Media Relations