North Carolina may soon be joining Michigan in offering a CU-sponsored lottery savings plan.

A "Save to Win" bill introduced in both houses of the state legislature is making progress with committee hearings still to come, according to the North Carolina Credit Union League.

The league said North Carolina CUs are making plans to "help and encourage people to save money by rolling out a collaborative prize-linked savings program called 'Save to Win' that rewards people for saving by offering monthly cash prizes and the chance to win a grand prize."

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