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Cadence Bank Recognized by America Saves for Ninth Consecutive Year of Promoting Savings
Cadence Bank (NYSE: CADE) received the 2023 America Saves Designation of Savings Excellence (DOSE) for its ninth consecutive year of promoting better savings plans for customers. This recognition is given to financial institutions that demonstrate a strong commitment to promoting savings and financial education among their customers.
The annual award recognizes financial institutions that go above and beyond to encourage people to save money. Cadence Bank is one of 15 recipients recognized for its efforts to encourage individuals to open accounts and begin building wealth during this year’s America Saves Week. The company implemented a comprehensive, multi-channel communications plan and social media strategy to reach customers at different stages of their financial journeys.
“Our bankers are always proud to participate in this initiative and continue our efforts of helping customers meet their savings goals, achieve long-term security and have a better quality of life. By offering resources and education to our customers, Cadence is helping more Americans develop the skills and habits they need to achieve their financial goals,” said Dan Rollins, chairman and CEO at Cadence Bank. “We’re pleased to have received this prestigious award yet again!”
Nearly 3,900 participating organizations reached nine million individuals during this year’s America Saves Week, which ran from February 27 to March 3, 2023. In addition, they reported that individuals deposited more than $788 million into new and existing savings accounts over the one-week timeframe.
America Saves Week, coordinated by America Saves and the American Savings Education Council, is an annual opportunity for organizations, like banks or credit unions, to support good savings behavior by encouraging people to evaluate their savings status and set goals.
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