Prize-Linked Savings Program Goes Multistate
CU Solutions, a subsidiary of the Michigan Credit Union League, is now offering its “Save to Win” prize-linked savings program to credit unions in Nebraska and Connecticut, with plans to expand to North Carolina, New York, and Washington. Members are rewarded for saving by earning chances to win prize money in monthly drawings. Legislation adopted last month now allows credit unions across the country to participate in prize-linked savings programs. [1/13/15]