Members of Michigan State University Federal Credit Union will have thechance to be rewarded for saving money and paying down theirdebt.
|The $2.4 billion credit union in East Lansing, Mich., said itwill offer SaveUp, a program distributed by CU Solutions Group, a CUSO owned by the Michigan Credit UnionLeague & Affiliates.
|Founded in 2011, the SaveUp program offers gives users theopportunity to win prizes for performing positive financial actionsthrough partnerships with major consumer brands and financialinstitutions, according to CUSG.
|Since 2012, SaveUp's users have deposited $537 million intosavings and paid down $364 million in debt, CUSG said.
|“We are excited to provide a new financial resource for ourmembers through SaveUp's distinctive program to help motivate themto pay off their debt while saving money and earning rewards,” saidPatrick McPharlin, president/CEO of MSUFCU.
|More than 40 credit unions nationwide have signed up forSaveUp, according to CUSG.
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