TwinStar, North Coast Members Win $5,000 Monthly Prizes in Save to Win Drawing

Three credit union members who deposited at least $25 in their Save to Win accounts in March were rewarded Tuesday with celebrations in their honor and checks for $5,000 each – the biggest prizes yet in Washington’s year-old, prize-linked savings program.

‘Save to Win’ Marks First Anniversary in Washington with a Milestone: $785,000 in Savings

Credit unions are celebrating the first anniversary this month of the “Save to Win” program in Washington with three $5,000 monthly drawings and the awarding of the state’s first $5,000 annual prize. Says the NWCUA’s Craig Reed: “I think we’re off to a great start!”

Peninsula Credit Union to Become Seventh in Washington to Offer ‘Save to Win’

U.S. Rep. Derek Kilmer will be on hand Monday, March 31, when Peninsula Credit Union becomes the seventh Washington credit union to offer prize-linked savings accounts to members. Peninsula’s “Save to Win” launch will also be a fundraiser for North Mason Resources, a local nonprofit that helps low-income families become more self-sufficient.

Filene’s i3: Here’s Your Chance to ‘Turn Consumer Finance Upside Down’

Filene Research Institute will soon begin recruiting the next class of innovators for its i3 program. It’s a unique chance for the next generation of credit union leaders to “change the world of consumer finance.”

Washington Credit Unions Invited to Explore ‘Save to Win’ Program in Free Webinar

More than 16,700 previously under-banked consumers have mastered the savings habit, collectively depositing nearly $40 million into Save to Win accounts offered by credit unions in four states. Six Washington credit unions began offering the program in April 2013, and others are invited to join the program. An informational webinar is being offered Jan. 27.

Learn More About Helping Members ‘Save to Win’ in Free Webinar

Washington credit unions interested in helping their members “Save to Win” can learn more about the program Dec. 18 in a free webinar sponsored by CU Solutions Group and the Northwest Credit Union Association.

‘Save to Win’ Leverages the Desire to Win Big; Deposits Now Top $565,000 in Washington

Nearly 800 members have opened accounts at the six credit unions that helped launch Washington’s “Save to Win” program in April. The program, which offers cash prizes as an incentive for opening and maintaining a savings account, has grown to more than $565,000.

Save to Win is a Win for Washington Consumers

Three months and six credit unions later, Save to Win is off and running in Washington. Cash prizes have already landed in the hands of monthly winners and about 600 accounts have been opened.

Save the Date for Financial Education Best Practice Roundtables June 25 and July 10

Even with the hundreds of hours credit unions typically contribute to touching the lives of students, an NWCUA Financial Education Committee survey showed, resources are a barrier to credit union professionals who want to do more. The committee will provide turnkey resources and financial education models during two best practice roundtable events this summer.

First Save to Win Prize Drawings Scheduled for May 14

More than 200 Washington consumers have opened Save to Win accounts since the program launched just a month ago. The first cash prize drawings will put $50 into the hands of five lucky winners May 14.

Strategic Link Question of the Week

Our Strategic Link Question of the Week examines a streamlined card services program.

‘Save to Win’ Accounts Now Open in Washington Credit Unions

It’s official: prize-linked savings accounts are now available for Washington consumers. Six credit unions launched “Save to Win” yesterday, putting a lot of marketing muscle into promoting a program expected to encourage under-banked consumers to save.

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.

Strategic Link Question of the Week

“What is the newest product or service available to credit unions through Strategic Link?”

Credit Union Frontline Staff Update: Invest in America Member Rewards

With the Invest in America program, credit union members have access to valuable savings from GM, Sprint, TruStage, Allied Van Lines, Tax Services, Dell, DIRECTV, and Shop America. Use this guide to share the details of those savings opportunities with members on a daily basis.

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.

Oregon Employees FCU Piloting Prize-Linked Savings Alternative

Oregon Employees Federal Credit Union is part of a group of credit unions across the country piloting the SaveUp program, a prize-linked savings alternative initiated by Filene Research Institute.

Sprint Program Pays Credit Unions to Help Their Members Save

In this economically challenging time, Sprint’s Credit Union Member Discount Program provides a simple way for your credit union to improve its bottom line and enhance the value of membership.