Save to Win Gains Exposure with PBS Story 

Save to Win was featured Saturday in a national story on the PBS NewsHour, drawing interest from across the country in prize-linked savings accounts.

The story was trending Monday morning on The Save to Win Michigan Facebook page saw several new “likes” over the weekend after the story aired.

One of the main focuses of the story was on a bill in Congress – called the American Savings Promotion Act – that would allow financial institutions to offer prize-linked savings accounts. Many states’ laws do not allow prize-linked savings programs such as Save to Win.

One of the bill's co-sponsors, U.S. Rep. Derek Kilmer, D-Wash., thinks prize-linked savings is a way to get Americans to start building a nest egg.

“The problem with not saving is you are a crisis away from living in your car or losing your home or having your lights turned off," Kilmer said.
Click here to watch the PBS report.

Later in the week, did their own story on Save to Win. Click here to read that story.

Submissions to Monitor may be emailed. Bryan Laviolette is the editor of Monitor. Contact him by email or call (800) 262-6285, ext. 233. The newsletter of the Michigan Credit Union League is published Monday mornings or Tuesday mornings when Monday is a holiday. There is no Monitor the week after Christmas and the week after the Annual Convention and Exposition. The MCUL reserves the right to edit submissions for clarity and space.
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