Northwest Bank Marks America Saves Week by Providing Advice and Tips

Northwest Bank Marks America Saves Week by Providing Advice and Tips

February 28, 2023

Columbus, Ohio - Northwest Bank, a full-service financial institution offering a complete line of business and personal banking products, will share tips and guidance on its social media channels to help people plan and save for various scenarios during America Saves Week, February 27- March 3. America Saves Week is held annually as a call to action for everyday Americans to commit to saving successfully.

Northwest will provide information and resources about saving in three categories:

• Establishing an emergency fund, covering the importance of saving for an emergency, costs associated with various emergencies, and guidance on how much to save for emergencies. Topics include saving 3-6 months of living expenses for emergencies, comparing savings options, and knowing which documents consumers should bring to the bank.
• Taking control of your finances, providing details on how to choose the right strategies that align with a consumer’s personal savings goals. Topics include setting savings goals and determining the amount of money to dedicate to savings each month.
• Understanding various savings options, including different types of savings accounts such as high-yield bank accounts, certificates of deposits (CDs), money market accounts, money market funds, and bonds. Topics include identifying starting a first-time savings account, and understanding how interest works.

Providing information and resources to help people plan their financial futures, including managing their savings, is one of the ways Northwest Bank supports customers and communities.

For more information and resources on effective savings, go to: https://northwestbank.everfi-next.net/student/dashboard/financial_literacy/investing-in-your-future/1674?locale=en#savings-accounts

 

About Northwest Bank

Northwest Bancshares, Inc (Nasdaq: NWBI) is a $14 billion asset financial services company headquartered in Columbus, Ohio, and the parent company of Northwest Bank, a Pennsylvania chartered savings bank headquartered in Warren, Pennsylvania. The Company serves consumers, small businesses, corporations, and municipalities with a diverse offering of banking, lending, payments, and wealth management solutions. As of December 31, 2022, Northwest Bank operates 142 full-service branches across Pennsylvania, New York, Ohio and Indiana and provides customers fee-free access to more than 55,000 ATMs across the United States.