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Stock impact report

First Federal Savings Bank and ICBA Share Money Management Tips to Help Americans Be More Financially Resilient [Yahoo! Finance]

CB Financial Services, Inc. (CBFV) 
US:NASDAQ Investor Relations: communitybank.tv/investor-relations.htm
Company Research Source: Yahoo! Finance
Bank and the Independent Community Bankers of America (ICBA) are reminding consumers of the value of a financial nest egg to provide financial resiliency during times of economic distress or uncertainty. While the share of families with difficulties paying bills or expenses increased from 35.7 percent in 2022 to 37.8 percent in 2023, it remains below its 40.4 percent pre-pandemic level, according to a Consumer Financial Protection Bureau report . Meanwhile, America's personal savings rate dropped from 15 percent in Q3 2020 to 4.0 percent in Q3 2023, according to the Commerce Department “Saving is an important component of maintaining financial wellness and stability,” Courtney Schmitt, Marketing Manager VP at First Federal Savings Bank said. “As your trusted financial advisor, First Federal Savings Bank can put you in the driver's seat so you can help avoid financial pitfalls and reach your short- and long-term financial goals.” First Federal Savings Bank and ICBA offer these ti Show less Read more
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