The winner is…
Dave: This is Dave Sullivan, part of the Marketing Team. I have a special member here with us:
Sheron: Sheron
Dave: Sheron was the quarterly grand prize winner of our Save-to-Win program. Our Save-to-Win program is available for members who deposit $25. You receive one entry into a drawing, and every quarter, we have one $1,000 winner in addition to the national prizes. You won the thousand dollars for the end of March.
Sheron: Yes!
Dave: That’s amazing, and how long have you been a member of People Driven Credit Union?
Sheron: Since 2004
Dave: 18 years?
Sheron: Yes.
Dave: Have you always been a part of the Save-to-Win program?
Sharon: Yes.
Dave: We appreciate that. In addition to Save-to-Win, you can also Roundup-to-Win. With Roundup-to-Win, every time you make a debit purchase, it rounds up to the next dollar, which goes into the Save-to-Win CD program.
Sharon: I wasn’t aware.
Dave: Yes, you can Roundup-to-Win every time you get to $25. You get another entry into the Save-to-Win program. It’s a pain-free way to save.
Prize-Linked Savings Program for Michigan Credit Unions
Save-to-Win is a national award-winning innovative product available only at credit unions. A provision in the Michigan Credit Union Act allows state and federal-chartered credit unions to offer prize-linked saving raffles to their members in which a savings deposit can constitute entries into a raffle drawing. More than 13,000 Michigan credit union members have saved $22 million by participating in Save-to-Win. In our current slow-growth economy, this is a massive accomplishment for Michigan families and Michigan credit unions!
This program started as a part of Michigan’s Community Reinvestment Initiative because it’s closely tied to our mission of “People Helping People,” giving members a way to build good savings habits and enjoy a more responsible game of chance.
