In the Media
MEDIA CONTACT
Jackie Jusko
Cell: 216-374-0945
jjusko@buildcommonwealth.org
To drive maximum progress on making wealth possible for all, Commonwealth complements our innovation and partnerships by shaping relevant public and private conversations in the media. Amplifying our work in national, mainstream, and trade outlets is critical to informing and inspiring business, fintech, and policy leaders to act, and ultimately to achieving our vision of systemic change. Browse our latest articles here.
Walmart program: Stash cash in savings account, win prizes
With the help of Commonwealth, Walmart and Green Dot have launched the first national Prize-Linked Savings program, via USA Today.
Wal-Mart’s Unconventional Approach To Get People To Save: Prizes
NPR's Plant Money podcast covered Walmart's new product, Prize Savings, that brings Prize-Linked Savings to people across the country through the company's prepaid debit card.
New savings raffles entice more Minnesotans to save
A Minneapolis Star Tribune article covers the progress and success of WINcentive Savings, Minnesota's Prize-Linked Savings product that launched in January 2016.
Know your rules of thumb for credit card use
A Washington Post article covers the recent research released by the Urban Institute, which we partnered on, showing the positive effects of rules of thumb on credit card debt.
A Little Nagging Can Help Reduce Credit Card Debt
An article in the New York Times reports on research by Commonwealth and the Urban Institute that found that rules of thumb can work to change financial behaviors.
Tech makes saving to retire less of a chore or a bore
USA Today reports on D2D's work and on how with the help of gamification saving for retirement can be fun.
Prizes may spice up the boring old savings account
With Prize-Linked Savings legislation recently passed in Missouri, the St. Louis Post-Dispatch reports on a spark of interest among credit unions in the state.
Area credit union rolls out WINcentive savings accounts
SCTimes covers the excitement of Minnesotans for the introduction of WINcentive, the state's first Prize-Linked Savings program.
Indiana credit union members save money and win cash
A press release from CU Insight tells of a number of Indiana credit union members who have won prizes as a reward for saving, thanks to Save to Win.
Lucky Savers program helps New Yorkers save $6.5M
More than 4,000 members at 38 New York credit unions have saved an average of nearly $1,625 through Lucky Savers since it launched last October, according to a press release from CU Insight.
Could gambling be the secret to saving when rates are so low?
A blog post on The Conversation says that the popularity of Prize-Linked Savings shows that it may be the key to boosting savings rates.
One Surprising Way to Get People to Save More
The Wall Street Journal reports on a recent study of a savings program in South Africa that further shows the success of Prize-Linked Savings.