
Savings programs tied to prizes now more widely available
Clip: 1/9/2015 | 8m 33s
More banks can now offer prize-linked savings programs, but will they help boost savings?
Since the American Savings Promotion Act became law in December, banks can now offer prize-linked savings programs, which were previously only available in a handful of states through credit unions. But will the passage of the bill actually help boost Americans' savings rates? Karla Murthy reports.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

Savings programs tied to prizes now more widely available
Clip: 1/9/2015 | 8m 33s
Since the American Savings Promotion Act became law in December, banks can now offer prize-linked savings programs, which were previously only available in a handful of states through credit unions. But will the passage of the bill actually help boost Americans' savings rates? Karla Murthy reports.
Problems playing video? | Closed Captioning Feedback
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