Community Corner

Find A Hidden Piggy Bank In Edmonds, Get A Prize

Peoples Bank has hidden piggy banks across the city this month to promote savings accounts - and give out prizes.

EDMONDS, WA - If you find a white piggy bank hidden in a city's park, it's OK to keep it. Bellingham-based Peoples Bank has hid a number of the little banks around the city in part to draw attention to the importance of savings. Plus, you get a prize from the bank if you find one.

Here's more about the promotion from Peoples Bank:

Peoples Bank today launched “Pigs in Parks,” a contest designed to raise awareness about the importance of saving, and to encourage people to get outside and enjoy their community parks this summer. Throughout August, 250 softball-sized piggy banks will be hidden in parks across Washington state in Chelan, Douglas, Island, King, Skagit, Snohomish and Whatcom Counties. Clues for where the pigs are hidden will be shared on the Peoples Bank Instagram account (@peoplesbankwa). When found, the piggy banks can be returned to a local Peoples Bank branch for a prize and to be entered in a drawing to win one of six Grand Prizes featuring a swag bag full of great products provided by local area businesses.

Find out what's happening in Edmondsfor free with the latest updates from Patch.

According to data released last fall by GoBanking Rates, nearly 70 percent of Americans surveyed had less than $1,000 in their savings account. In Washington state, 26 percent reported having no money at all saved. Another survey by BankRate released in May of this year revealed that most American’s biggest financial regret is not saving enough money.

“With rising costs of living, along with new trends like mobile payments making it easier for people to spend money, we understand that saving money can be a real challenge,” said Michelle Barrett, Executive Vice President & Director of Retail Banking and Human Resources at Peoples Bank. “We always encourage customers to have six months in expenses saved in case of unforeseen circumstances, such as a large medical expense, auto repair bill, or change in employment. Our Pigs in Parks campaign is a fun way to raise awareness about the importance of saving, and to show that there are reasons to save all around you - even in your neighborhood park!”

Find out what's happening in Edmondsfor free with the latest updates from Patch.

Image via Peoples Bank

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