News & Information

Sign up this summer: prize-linked savings kicks off this fall

by Christine Henzig, Director of Communications Jun 18, 2018

Sign up now for Wisconsin's prize-linked savings (PLS) program, Saver's Sweepstakes™. You'll need to hurry to gear up as a program participant - by doing so you'll give your members a chance to win cash as part of the inaugural prize drawing set for October 18 (International Credit Union Day). 

When

Wisconsin credit unions should sign up quickly - as early as possible this summer - to take advantage of the amazing visibility your credit union can capture in the media as part of Saver's Sweepstakes. By signing up now, you'll still have time to complete certain technical and training tasks prior to offering members PLS accounts, starting in September. 

Saver's Sweepstakes

What

The program offers members chances to win jackpots for saving regularly as part of a prize-linked savings (PLS) program. PLS accounts are special deposit accounts that pay dividends for savers while automatically entering them in monthly, quarterly and annual cash prize drawings. Each saver earns one entry into the monthly and quarterly sweepstakes for every $25 in month-over-month balance increase, up to six entries per month. Credit unions can offer their own members-only prize opportunities, if they wish, creating additional visibility opportunities. Read what one CEO had to say who has experience participating in a PLS program.

How

Contact Tara Krejcarek, League VP - Strategic Partnerships.

More Information


Wisconsin credit unions come together as a single League to Unite for Good; we remove barriers, increase awareness and foster service excellence. All of these steps help more Americans to see credit unions as their best financial partner and regard their credit union as their primary financial institution. Read more articles in our Unite for Good series.