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Virginia Beach proclaims City Saves Week; Bank on Hampton Roads highlights local financial-literacy programs
Summary
The city proclaimed April 2025 as City of Virginia Beach Saves Week and America Saves Week. Audrey Edwards of Bank on Hampton Roads described the organization's in-person and virtual financial-literacy classes and match-savings program.
Mayor Robert M. "Bobby" Dyer read a proclamation declaring April 2025 as City of Virginia Beach Saves Week and America Saves Week and called on residents to increase emergency savings, begin or increase retirement savings, and use local financial resources.
Audrey Edwards, Bank on Hampton Roads regional coordinator, spoke at the meeting about the nonprofit’s financial-literacy offerings, including in-person and virtual classes, a match-savings program and monthly courses offered in February and September. "We are the only ones that do this," Edwards said, describing the program’s mix of in-person and virtual enrollment and match saving features. She also said the program is award-winning.
The proclamation urges citizens to start or increase emergency funds, encourage split direct deposits for savings, open savings accounts, increase 401(k) contributions and learn about available financial resources in the community. The transcript records the proclamation language read by the mayor and Edwards’ remarks about Bank on Hampton Roads; no separate vote on the proclamation was recorded in the excerpt.
