Save to Win is a prize-linked savings share certificate account that offers members the chance to win prizes in addition to earning regular interest. It requires a small opening deposit of $25 and allows additional deposits during term of the account. The best part about those additional deposits – for every $25 deposit ( up to $250 per month ), the member earns one entry into the monthly and quarterly prize drawings on a credit union, state and national level.
This account has been changing lives of credit union members since 2009. This innovative and national award winning prize-linked savings product was designed to help low-to-moderate income people improve their financial lives and create better savings habits. This is done by encouraging monthly those $25 deposits with the chance of winning, just for saving! The funds are also held in the account for 12 months, and withdrawals are limited to one per twelve-month certificate term with a fee of $25 (it is, after all, SAVE to Win). This helps the balance grow, which creates a rainy day fund for members. There is no minimum number of deposits required, but there is a maximum of 10 entries per month/30 entries per quarter per member*.
Shauna, a USAgencies member who won in November of 2018 said “I am having a lot of fun with the Save To Win CD. I have been saving the maximum $250 every month to get the maximum number of entries in the drawing. I have enjoyed getting contacted by the credit union staff telling me I’ve won a drawing. It’s fun and more lucrative than interest has been lately!”
If you are struggling to save and have difficulty establishing a savings mindset, consider the Save to Win. It is a nice incentive to establish savings, while having fun and potentially winning prizes.
So, are you ready to Save to Win? Because we are ready to help!
Don’t forget to subscribe to our blog for a chance to win a $50 cash prize** during our Read to Win contest!
Entering the contest is easy. Here’s how it works:
- Subscribe to our blog by entering your email in the box above the “Follow” button on the left menu
- Each week in February, we will publish a blog along with the trivia question at the end of each blog
- Email your answers to firstname.lastname@example.org by February 28, 2019
QUESTION 3: What is the maximum dollar amount you can deposit each month for the chance to be entered into the monthly and quarterly drawings?
**NO PURCHASE NECESSARY. Terms and conditions apply, read the official contest rules for complete details. open to individuals ages 18 and over. Board of Directors, Volunteers and Employees of USACU and their immediate families and individuals living in the same household are ineligible. Void where prohibited.
*Terms and conditions apply, read the official rules for complete details. Open to individuals age 18 and over residing in Oregon. Board of Directions, Volunteers and Employees of USACU and their immediate families are ineligible.