Oregon Legislative Update: Prize-Linked Savings Approved by Legislature
The Oregon Senate passed a bill to allow prize-linked savings in the state. It now goes to the governor for signing.
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Oregon Legislative Update: Prize-Linked Savings Scheduled for Senate Vote
If the bill passes the Senate, it will be sent to Governor Kate Brown to be signed into law.
Oregon Legislative Update: Prize-Linked Bill Passes Senate Committee
The bill heads to the Senate floor as its last stop before the governor’s office.
Oregon Legislative Update: Prize-Linked Savings Bill Passes Oregon House
The bill, which is supported by the NWCUA, now moves on to the Senate.
Oregon Legislative Update: NWCUA’s Prize-Linked Savings Bill Passes Committee
House Business and Labor Committee unanimously votes to send prize-linked savings bill to the floor for a vote.
Oregon Legislative Update: Charter Update Passes Senate
Oregon credit union charter update bill SB 582 passed the Senate last week. This week, prize-linked savings bill got a hearing.
Oregon Legislative Update: Possessory Liens, Prize-Linked Savings Bills Still Alive
Two major issues of interest to credit unions – possessory liens and prize-linked savings — are still alive as the Oregon Legislature enters its fourth week of a short session.
Six Washington Credit Unions Launch Prize-Linked Savings Account Program
Next Monday, six Washington credit unions will launch Save to Win, a program that offers consumers a chance to win monthly and annual cash prizes as a reward for building financial assets.
Washington Credit Unions Invited to Learn About New Turnkey Prize-Linked Savings Plan
Washington credit unions may finally be well-positioned to offer prize-linked savings accounts, thanks to funding approved by the Northwest Credit Union Association board and a new operations model offered by the Michigan Credit Union League.
Large Credit Unions Urged to Join Group of Washington Credit Unions Seeking Prize-Linked Launch
At least eight Northwest credit unions have expressed an interest in a collaborative launch of prize-linked savings programs in early 2012. Larger credit unions are being invited to join the effort.
Washington Credit Unions Express Interest in Launching Prize-Linked Savings Programs
A survey of Washington credit union CEOs revealed 12 interested in offering prize-linked savings programs to members by early 2012. An “Idea Exchange†at the NWCUA’s Convention and Annual Business Meeting will provide more information for industry leaders.
Washington Credit Unions Exploring Prize-Linked Savings Opportunity
Prize-linked savings accounts have turned un-banked consumers into savers in Michigan. Some Washington credit unions are considering launching similar programs by taking advantage of legislation passed this year. The NWCUA will lobby for a similar law in Oregon next year.
Governor Signs Washington Prize Linked Savings Bill Today
Governor Chris Gregoire will sign the prize-linked savings bill, successfully bringing to an end months of work by the Association’s legislative affairs staff.