Prize-Linked Savings in Credit Unions: 2016

Prize-Linked Savings in Credit Unions: 2016

In 2016, Prize-Linked Savings (PLS) products expanded rapidly, doubling the number of states with PLS products from 6 to 12. Two new branded products - Lucky Savers (LS) in New York and WINcentive Savings Accounts (WSA) from the Minnesota Credit Union Network - were launched. These new launches and the expansion of Save to Win (STW) led to over 3.3 MM people now having access to PLS products. Learn more about the success of PLS in 2016.

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