Unlimited Access. Try it Today! Your First 10 Days Always $0.99

Topics

NEWSLETTER
Jerry Moran
Saving money is no game � or is it?

KANSAS CITY, Mo. CommunityAmerica Credit Union, based in suburban Kansas City, has its eyes on a Michigan lottery that's right, a lottery except this one turns non-savers into regular depositors. "We happen to think it's a great idea," said Rob Persaud, a senior vice president at the $1.9 billion institution and the largest based in the Kansas City area. Persaud is talking about the lottery that credit unions in Michigan have been running for the last five years. Members win a chance at cash prizes each time they put money into a Save to Win certificate of deposit. Welcome to the unexpected world where games meet personal finance. The idea is to use the lure and...

Loading

75°