Through independent research and innovation, the Filene Research Institute explores issues vital to the future of credit unions and consumer finance.


Saving/Thrift

  1. PRIZE-LINKED SAVINGS: Michigan Tested, Washington Senate Approved!

    Senate_pic

    The success of Save to Win in Michigan is turning heads. Last Wednesday, Washington State Senators in a vote of 46-2; passed a bill allowing credit unions to offer prize-linked savings accounts.

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    categories » Innovation, Saving/Thrift

  2. $25 Deposit becomes $100,000 BONUS

    Winner_for_web

    We’re all familiar with the saying “a little goes a long way.” For Charmain Hanners, longtime member of Alpena Alcona Area Credit Union in Michigan, a few $25 deposits earned her a $100,000 Grand Prize.

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    categories » Filene News, Innovation, Saving/Thrift

  3. Save to Win Poised for National Expansion

    Washigton

    As Save to Win, the exciting Prize-linked Savings pilot in Michigan, draws to a close for 2009, plans are underway to launch a bigger and better version in the state in 2010. Lesser known is that Save to Win organizers are also looking to expand to other states. Based on some groundwork laid with the Washington Credit Union League, the Evergreen State could easily be the next testing ground. Please join us for a free informational Webinar on Friday, December 18 at 10:00 a.m. PST to learn more about helping members develop savings habits through Save to Win. The target audience is credit unions, system partners, and state government officials from Washington or any other interested state. The agenda will include an overview of the program and next steps for participation. Register today or contact us for more information.

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    categories » Innovation, Saving/Thrift