Wachovia for the promotion of rainy day fund in Linn Park

In the midst of federal funding Crunch, many commercial banks offer new economies of exotic products to earn more than bank deposits.

Wachovia Bank NA is a Way2Save its new program, which is to encourage residents to Birmingham, through a manifestation of Linn Park from 11 am to 1 pm on Tuesday.

Mayor Larry Langford, the business daily loudspeakers on the financial markets money Forum Savings Education, in collaboration with leaders of Birmingham-Southern College, Miles College, Samford University and the University of Alabama at Birmingham.

Thanks to Wachovia’s programme, which aims to help consumers more money away for a rainy day, for each transaction checkcard online invoice payment or authorization to debit a checking account, the Bank is automatically $ 1 in the interests Way2Save pay each year.

Wachovia Corporation (NYSE: WB) is $ 808 billion by 41 financial institutions in the offices of Birmingham-Hoover U-Bahn. On the basis of market shares, the bank is the second bank in the region with 17 percent of total deposits, according to data from the Federal Deposit Insurance Corp.

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