SunTrust
2.22 AM is when Hugh S. (Beau) Cummins, III - commercial and business banking executive at SunTrust - woke up last Tuesday worrying about his personal finances.
It's unclear exactly what Cummins earns, but other executives at Sun Trust have salaries upwards of $2 million per year. So if Cummins is worrying about paying the bills, then you probably are too.
That's why SunTrust is launching an
"This is a national problem that I personally know. This is my personal statistic. My number is 2.22. Do you know what 2.22 is? That is the time on my clock when I was awoken on Tuesday morning worrying about finances and did not go back to sleep. I'm not proud of that, I wish I'd slept better," Cummins told Business Insider.
"75% of Americans report that they are financially stressed. A large number of Americans are living paycheck to paycheck and actually do not have $2,000 dollars in personal savings. They're not prepared for any kind of bumps in the road," he added. "We have a solution to a problem which is bigger than we understand."
SunTrust revealed that its Super Bowl ad - called "Hold Your Breath" - will be an "optimistic, second-by-second reminder that worrying about money can cause you to miss life's important moments." You can watch the teaser here:
Viewers will be encouraged to go to the onUp.com website. Once there, they can take a "Mental Wealth Quiz," before being provided with a "toolkit" to address their personal money problems.
"The Super Bowl ad is a portal for us to launch that movement on a national basis. The demand for this education is greater than we had thought," Cummins said. "We don't seek to make a profit, we seek to cover our costs. This is part of our giving back program, I suppose. This is just doing the right thing."
SunTrust will also launch "Financial Fitness for Companies," aimed at addressing financial well-being in the work place. The 30-second Super Bowl ad will air during the second-half of the Super Bowl, during the two-minute warning commercial break.