TUPELO, Miss., June 15, 2017 /PRNewswire/ -- BancorpSouth
was recently recognized with the 2017 America Saves Designation of
Savings Excellence for its extraordinary efforts during America
Saves Week/Military Saves Week. The award is presented each year to
financial institutions that succeed in getting people to open and
add to wealth-building accounts.
"This was our most competitive year so far, with institutions
engaging in creative ways and offering savings incentives," said
Allie Vered, America Saves Director.
"A lot of people don't believe they can find the money to save. But
saving is not an amount, it's an activity. Convincing consumers to
pay themselves first, to hang on to dollars instead of spending,
and to take a pledge to achieve a goal go a long way toward helping them develop
savings habits. We recognize BancorpSouth for their efforts to
educate and inspire."
Dan Rollins, BancorpSouth
Chairman and CEO said, "This is the third consecutive year
BancorpSouth has received this prestigious recognition. As one of
only 16 banks nationally to receive this designation, out of over
5,800 FDIC insured institutions, our teammates continue to be
committed to delivering savings-related financial education
programs and providing our customers with ways to start or increase
their savings."
Just two in five American households report making good or
excellent savings progress. America Saves Week is an annual
opportunity for people to assess and address their savings status
and for organizations like banks or credit unions to support good
savings behavior. America Saves Week is coordinated each year by
America Saves and the American Savings Education Council.
For more information about the America Saves Designation of
Excellence
visit:
http://americasavesweek.org/america-saves-designation-of-excellence-for-banks-criteria/
BancorpSouth, Inc. (NYSE: BXS) is a financial holding company
headquartered in Tupelo,
Mississippi, with $14.9
billion in assets. BancorpSouth Bank, a wholly-owned
subsidiary of BancorpSouth, Inc., operates 234 full service branch
locations as well as additional mortgage, insurance, and loan
production offices in Alabama,
Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including an insurance location in
Illinois. BancorpSouth is committed to a culture of respect,
diversity, and inclusion in both its workplace and communities. To
learn more, visit our Community Commitment page at
www.bancorpsouth.com "Like" us on Facebook; follow us on
Twitter@MyBXS; or connect with us through LinkedIn.
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. Learn more at americasaves.org and
americasavesweek.org
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/bancorpsouth-recognized-by-national-campaign-promoting-savings-300474999.html
SOURCE BancorpSouth, Inc.