PINE
BLUFF, Ark., June 7, 2023
/PRNewswire/ -- America Saves announced Simmons 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.
Simmons Bank was one of only 15
recipients to be honored this year out of more than 3,900
organizations who participated in America Saves Week in 2023, which
took place between 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. Simmons Bank 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.
"Simmons Bank is honored to be
recognized by America Saves for our commitment to encouraging and
promoting the benefits of savings," said Bob Fehlman, chief executive officer of
Simmons Bank. "This year
marks 120 years of serving customers
and this recognition reinforces the hard work, dedication and
commitment of our associates and leaders to build generations of
loyalty with our customers."
To review the complete list of the 2023 DOSE award recipients,
visit https://americasavesweek.org
About Simmons Bank
Simmons Bank is a wholly owned subsidiary of
Simmons First National Corporation (NASDAQ: SFNC), a Mid-South
based financial holding company that has paid cash dividends for
114 consecutive years. Simmons Bank
operates 231 branches in Arkansas,
Kansas, Missouri, Oklahoma, Tennessee and Texas. Founded in 1903, Simmons Bank offers comprehensive financial
solutions delivered with a client-centric approach. In 2023,
Simmons Bank was recognized by
Forbes as one of America's Best Midsize Employers and among
the World's Best Banks for the fourth consecutive year. In 2022,
Simmons Bank was named to
Forbes' list of "America's Best Banks" for the second
consecutive year. Additional information about Simmons Bank can be found on our website at
simmonsbank.com, by following @Simmons_Bank on Twitter or by
visiting our newsroom.
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.
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SOURCE Simmons Bank