Savings account

Clayton County Public Schools Partners with Goalsetter Classroom to Deliver on K-12 Financial Education Curriculum

Retrieved on: 
Tuesday, October 25, 2022

JONESBORO, Ark., Oct. 25, 2022 /PRNewswire/ -- Clayton County Public Schools (CCPS) is proud to announce its partnership with Goalsetter to provide Goalsetter Classroom to more than 3,300 11th and 12th-grade students in Clayton County high schools.

Key Points: 
  • JONESBORO, Ark., Oct. 25, 2022 /PRNewswire/ -- Clayton County Public Schools (CCPS) is proud to announce its partnership with Goalsetter to provide Goalsetter Classroom to more than 3,300 11th and 12th-grade students in Clayton County high schools.
  • Goalsetter is an award-winning savings platform that, along with its affiliated investment platform, focuses on providing fun, engaging and relevant financial education.
  • As part of the partnership with Goalsetter Classroom, each school will receive:
    Engaging Financial Education: Goalsetter Classroom is mapped to the Jumpstart.org National Standards for Financial Education, providing relevant and timely classroom financial education that will be supported by its industry-leading technology and financial education curriculum.
  • Parent and Educator Financial Training: Parents and educators will be provided one-on-one financial coaching and engaging in-person financial education workshops.

Dollar Bank Increases Savings Interest Rates

Retrieved on: 
Monday, October 3, 2022

PITTSBURGH, Oct. 3, 2022 /PRNewswire/ -- Dollar Bank announced today that it has increased the rate on our Everything Savings Account and Premier Savings Account to 2.40% Annual Percentage Yield (APY), while increasing rates on all deposit accounts.

Key Points: 
  • PITTSBURGH, Oct. 3, 2022 /PRNewswire/ -- Dollar Bank announced today that it has increased the rate on our Everything Savings Account and Premier Savings Account to 2.40% Annual Percentage Yield (APY), while increasing rates on all deposit accounts.
  • "We believe our customers should be able to get additional value from a community bank with offices where they live and work," said Jim McQuade, President and CEO of Dollar Bank.
  • Dollar Bank's Everything Savings and Premier Savings Accounts have historically provided higher rates than the national average savings account and by increasing the rate to 2.40% APY, that is a return over 14 times that average (as reported by the FDIC).
  • Dollar Bank also raised the deposit rates on checking accounts and certificates of deposit.

Refresh your finances with Spruce, a mobile banking app built by H&R Block

Retrieved on: 
Thursday, September 22, 2022

Spruce makes it easy for customers to turn spare change into savings with the addition of its new Round Up feature.

Key Points: 
  • Spruce makes it easy for customers to turn spare change into savings with the addition of its new Round Up feature.
  • When customers opt-in to Round Up through the Spruce app, they can see how spare change quickly adds up and helps build savings.
  • Spruce is a financial technology platform built by H&R Block, which is not a bank.
  • The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce .

BMO Survey: Inflation Has Caused One Third of Canadians to Reduce Savings Contributions

Retrieved on: 
Tuesday, September 20, 2022

TORONTO, Sept. 20, 2022 /CNW/ -BMO Financial Group is helping Canadians saveand effortlessly track their progress with the newly launched Savings Amplifier Account .

Key Points: 
  • TORONTO, Sept. 20, 2022 /CNW/ -BMO Financial Group is helping Canadians saveand effortlessly track their progress with the newly launched Savings Amplifier Account .
  • The Savings Amplifier Account has no monthly fee, a competitive interest rate and unlimited no-fee transfers to other BMO accounts.
  • According to the BMO Real Financial Progress Index, one third of Canadian adults (36 per cent) have reduced their savings contributions due to rising costs of living with almost one quarter (22 per cent) cutting their retirement savings contributions.
  • Digital tools like Savings Goals on the BMO mobile banking app are an easy way to set and track goals.

Colorado ABLE Accounts Enhanced With New Benefits and Protections for Coloradoans With Disabilities

Retrieved on: 
Tuesday, May 31, 2022

DENVER, May 31, 2022 /PRNewswire-PRWeb/ -- Colorado ABLE announced today that the Achieving A Better Life Experience (ABLE) Savings Accounts bill was signed into law by Governor Jared Polis, creating a more inclusive and equitable path to financial security for Coloradoans who experience disabilities. The new law implements significant improvements in three key areas impacting access and ease of use, security of savings, and additional tax benefits for Coloradoans to create sustainable financial independence through long-term savings.

Key Points: 
  • DENVER, May 31, 2022 /PRNewswire-PRWeb/ -- Colorado ABLE announced today that the Achieving A Better Life Experience (ABLE) Savings Accounts bill was signed into law by Governor Jared Polis, creating a more inclusive and equitable path to financial security for Coloradoans who experience disabilities.
  • The new law also enhances the tax benefits for Colorado ABLE savings accounts, providing a dollar-for-dollar State tax deduction for contributions made into a Colorado ABLE account.
  • Colorado ABLE (Achieving a Better Life Experience) is Colorado's savings program for people living with disabilities.
  • Earnings on Colorado ABLE savings accounts are federally tax-free when used for qualified disability expenses.

DriveWealth and Goalsetter Empower the Next Generation of Investors With Financial Literacy Skills

Retrieved on: 
Thursday, April 28, 2022

DriveWealth and Goalsetter share a similar mission to empower investors with the innovative products they need to take control of their financial futures, which is particularly important to both companies not just during Financial Literacy Month, but every day of the year, said Gayathri Rajan , Chief Product Officer of DriveWealth.

Key Points: 
  • DriveWealth and Goalsetter share a similar mission to empower investors with the innovative products they need to take control of their financial futures, which is particularly important to both companies not just during Financial Literacy Month, but every day of the year, said Gayathri Rajan , Chief Product Officer of DriveWealth.
  • Were committed to helping investors of all ages learn by doing here at DriveWealth and look forward to continuing our partnership with Goalsetter to expand access to investing and money management skills for the next generation.
  • We couldnt have found a better partner than DriveWealth to establish our investment feature and amplify our goal-based financial platform for children and families.
  • Were particularly excited to partner with DriveWealth to provide the technology needed to power our Goalsetter Invest platform as we work to put everyone across America on the path to financial freedom.

Parent Leaders, Advocates Celebrate That Children's Savings Account Program, Signed into Law in 2019, is Finally Funded in Illinois Budget

Retrieved on: 
Monday, April 11, 2022

SPRINGFIELD, Ill., April 11, 2022 /PRNewswire-PRWeb/ -- The Illinois General Assembly approved a state budget that includes $2.5 million in funding for the Illinois Higher Education Savings Program, otherwise known as Children's Savings Accounts. Parent leaders and advocates of the Financial Inclusion for All Illinois coalition have long called for an investment in the future of Illinois' children and families. Advocates celebrate that the program, which was signed into law in 2019, will finally be funded in 2023.

Key Points: 
  • Advocates celebrate that the program, which was signed into law in 2019, will finally be funded in 2023.
  • The Illinois General Assembly approved a state budget that includes $2.5 million in funding for the Illinois Higher Education Savings Program, otherwise known as Children's Savings Accounts.
  • Parent leaders and advocates of the Financial Inclusion for All Illinois coalition have long called for an investment in the future of Illinois' children and families.
  • Advocates celebrate that the program, which was signed into law in 2019, will finally be funded in 2023.

JPMorgan Chase Committing $12 Million to Increase Homeownership Opportunities for Black, Hispanic and Latino Households

Retrieved on: 
Tuesday, March 1, 2022

JPMorgan Chases commitments will support organizations working to scale innovative housing models such as single-family housing production to increase the supply of affordable housing and homeownership.

Key Points: 
  • JPMorgan Chases commitments will support organizations working to scale innovative housing models such as single-family housing production to increase the supply of affordable housing and homeownership.
  • Todays announcement will help address current barriers to homeownership and allow more families access to wealth building opportunities.
  • As a result of uneven access to homeownership, the homeownership disparity between White households and Black, Hispanic and Latino households continues to grow.
  • Last year, the JPMorgan Chase PolicyCenter released data-driven policy recommendations to increase equitable access to stable, affordable and sustainable homeownership.

H&R Block Study Shares How Americans Use Their Tax Refunds: Majority Use It to Get Caught Up On Finances

Retrieved on: 
Monday, February 28, 2022

KANSAS CITY, Mo., Feb. 28, 2022 (GLOBE NEWSWIRE) -- Receiving an annual tax refund is a significant financial event for most Americans.

Key Points: 
  • KANSAS CITY, Mo., Feb. 28, 2022 (GLOBE NEWSWIRE) -- Receiving an annual tax refund is a significant financial event for most Americans.
  • But when it comes to determining what to do when the refund comes, many consumers say they are conflicted, according to a study from H&R Block (NYSE: HRB)1.
  • We understand how important of a financial event the tax refund is to our customers.
  • According to the H&R Block study, almost 65% of Americans admit they should pay closer attention to their spending.

H&R Block to Host Analyst Event on Spruce, the Company’s New Mobile Banking Platform

Retrieved on: 
Wednesday, February 16, 2022

KANSAS CITY, Mo., Feb. 16, 2022 (GLOBE NEWSWIRE) -- H&R Block (NYSE: HRB) announced today that the company will host a virtual analyst event highlighting the new mobile banking platform, SpruceSM, on Wednesday, March 9, 2022 at 9:30 a.m. EST.

Key Points: 
  • KANSAS CITY, Mo., Feb. 16, 2022 (GLOBE NEWSWIRE) -- H&R Block (NYSE: HRB) announced today that the company will host a virtual analyst event highlighting the new mobile banking platform, SpruceSM, on Wednesday, March 9, 2022 at 9:30 a.m. EST.
  • The event will be webcast live at www.hrblock.com/spruceanalystevent/ , which can be found on the companys events page on its investor relations website.
  • Speakers will include Jeff Jones, president and chief executive officer, Les Whiting, chief financial services officer, and John Thompson, vice president of financial services.
  • Spruce is a financial technology platform built by H&R Block, which is not a bank.