Sweetening the savings pot

first_img 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr There are plenty of good reasons to save, especially now that the Minnesota Credit Union Network has sweetened the pot with its WINcentive prize-linked savings program.WINcentive launched in January with 12 credit unions participating (two more signed on soon after), and members had opened nearly 2,400 accounts by the end of April, with a combined $800,000 saved and a median account balance of $130. The statewide prize-pool had awarded $21,000 to 156 credit union members, reports Andrea Molnau, MCUN director of communications.The network had been lobbying for the state legislature to permit incentivized savings accounts with risk-free rewards since 2011, in partnership with the Doorways to Dreams Fund, which pioneered the concept of prize-linked savings, and a statewide organization called the Citizens League.One of the hurdles to winning legislative support was that banks were prohibited under federal law from offering savings incentives, Molnau says. The repeal of that restriction in 2014 cleared the way for Minnesota’s law. continue reading »last_img read more

MWB slumps to £63m loss

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Everton ‘appalled’ by Kean’s house party in midst of virus lockdown

first_imgTopics : The club added that all their staff had been informed of the government guidelines, which include one piece of exercise a day and to restrict oneself to social interaction with just those of the household.”Everton has regularly stressed the importance of following all the government guidelines — including rules and advice for inside and outside of the home — through a series of official communications to all staff members, including players,” the club said.”The amazing people in the NHS deserve the utmost respect for their hard work and sacrifice. The best way to show them respect is by doing everything we can to protect them.”Kean, signed for £24 million ($29.7 million) from Juventus last year, is one of several Premier League players to be held to account for breaking the guidelines.Manchester City and England defender Kyle Walker reportedly broke lockdown rules by hosting a party involving two sex workers.Tottenham’s Ivory Coast defender Serge Aurier and French midfielder Moussa Sissoko apologized for training together despite the coronavirus restrictions.Their manager Jose Mourinho “accepted his actions were not in line with protocol” after being pictured holding a one-on-one training session in a park with midfielder Tanguy Ndombele. Everton said they are “appalled” at one of their players widely reported to be Italian international Moise Kean hosting a house party contravening the social distancing measures recommended by the British government due to the coronavirus pandemic.The 20-year-old striker filmed himself hosting the party, the Daily Mirror reported.The Mirror says Kean sent video clips to a private Snapchat group, with the footage showing female guests giving lap dances.center_img The caption on one picture was labeled ‘quarantine clean’.Everton issued a statement expressing their fury at the player’s actions — they did not name Kean — on a day when the death toll in hospitals in the United Kingdom passed the 20,000 mark.”Everton are appalled to learn of an incident in which a first-team player ignored government guidance and club policy in relation to the coronavirus crisis,” read the club statement.”The club has strongly expressed its disappointment to the player and made it clear that such actions are completely unacceptable.”last_img read more