NCUA Chairman Debbie Matz was selling savings in a Thursdayrelease from the agency, promoting America Saves Week and Military Saves Week, which run from Feb.25 through March 2.

The purpose of the annual events is to educate members and theirfamilies about the importance of saving. The NCUA said creditunions can partner with local campaigns to offer motivationalworkshops and obtain posters, brochures and other resources.

“Having a savings account is the first step towards financialstability, but a recent study indicated a little more than 29% ofAmerica's households do not have a savings account,” Matz said.

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