First Community Bank, a community lender with 26 branches in Arkansas and Missouri, is set to offer Plinqit Savings App service.
Plinqit is a savings tool that is designed to develop savings habits among the users and support customer engagement.
Go deeper with GlobalData
The app allows the user to set up to five savings goals and set aside funds as per with customised schedules.
Additionally, the users can earn money through referrals and by achieving savings goals. The app also rewards the customers for watching videos and reading articles about financial wellness.
First Community Bank chairman and CEO Dale Cole said: “At First Community Bank, we believe that when banks support their community, the community is stronger for it.
“We are proud to do everything in our power to strengthen our local economy, and one of the best ways we can deliver on our promise is by helping people learn about finances so they can begin saving.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData“Plinqit is a unique tool that satisfies our customers’ digital needs and encourages smart financial decisions.”
Founded in 1997, First Community Bank offers personal banking, business banking, insurance, mortgage as well as trust and brokerage services.
It company has more than 428 professional bankers and assets of around reports assets of around $1.5bn, as of 30 September 2019.
Commenting on the partnership, Plinqit creator and HT Mobile Apps founder and CEO Kathleen Craig said: “This partnership with First Community Bank will allow us to help them fulfill their mission of serving their community and making it stronger by supporting their customers’ path to financial achievement in an engaging way.”
