Rocket Money, formerly known as Truebill, is proud to announce that we've received a 2022 America Saves Savings Champion award, an honor explicitly reserved for organizations, nonprofits, and government agencies that achieved remarkable impact during the annual America Saves Week campaign.
Rocket Money was one of only 34 recipients honored with this distinction out of nearly 3,100 participating organizations of America Saves Week, which took place February 21st - 25th, 2022.
Together, award recipients' work contributed to an impressive collective impact of America Saves Week. During the one-week timeframe, these organizations helped to encourage nearly 415,000 individuals to deposit $1,134,122,355 into new and existing savings accounts and establish automatic savings.
"Currently, Americans are burdened with many economic challenges like inflation and rising home costs, all while still attempting to rebound from the effects of the ongoing pandemic. There's a fundamental need for companies, agencies, employers, and organizations to step up and take action to support the people they serve in extraordinary and unique ways, helping everyday Americans build financial resilience. These organizations have answered that call," said Kia McCallister-Young, Director of America Saves. "Our Savings Champions went above and beyond to amplify a positive, shame-free approach to saving that truly meets people where they are on their individual savings journey."
"The strategies, resources, and messages shared during America Saves Week — like saving automatically, for emergencies, and short-term and long-term financial goals —contribute to the overall financial confidence of Americans and gives them a trusted starting place to jumpstart or restart their saving goals," continued McCallister-Young.
Rocket Money is thrilled to have participated in America Saves Week via a week-long "Savings Challenge", which was designed and run inside our mobile app. Each day of the Saving Challenge covered a different topic, savings tip and/or strategy that could be used to improve users' financial health. As a result, Rocket Money's Savings Challenge participants accounted for over $569,000 new and existing savings deposits, started over 2,100 savings accounts, and set up over $14M worth of savings goals during America Saves Week.
As a company on a mission to improve the financial lives of millions, we could not be more excited about our users' results and are honored by the 2022 Savings Champion designation.
2022 America Saves Savings Champion Recipients:
A New Leaf
Change Inc and West Virginia Saves
Chic Wealth Society
Connecticut Saves and UConn Extension
Credit.org, Inland Empire Saves & SanDiego Saves
Designer Brands Inc.
Economic Awareness Council and IllinoisSaves
Fairway Independent Mortgage
Federal Deposit Insurance Corporation (FDIC)
G.I. Jobs and Career
Gwen's Green Thumb
Heffernan Financial Services
Los Angeles Saves and Alliance for Economic Inclusion
Masterpiece Financial Coaching
Mississippi Saves and Mississippi State Univ. Extension
New Jersey Coalition for Financial Education (NJCFE) and NJ Saves
Nipro Pharma Packaging Americas Corp
Office of Financial Empowerment and Education
Ohio State University and Ohio State University Extension
Okaloosa Saves and Eglin Federal Credit Union
Point Loma Nazarene University
Prince George's Saves and the Prince George's CASH Campaign
Silicon Valley, South Bay Saves
St. Vincent's Special Needs Services
State University of New York (SUNY)
Rocket Money (formerly known as Truebill)
Virginia Tech and Virginia Tech Saves
Wayne Metropolitan Community Action Agency,OLHSA, and Great Lakes Saves
Wisconsin Department of Financial Institutions
Wisconsin Saves and Wisconsin Women's Business Initiative Corp
Young Investors Network
About America Saves
America Saves is an initiative of 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.