CD Promotion Lets You Bet On The SuperBowl
PORTSMOUTH, N.H. - (01/05/05) -- Members of Northeast CU can bet ontheir favorite football team in next month's Super Bowl through thecredit union's 'Super CD' promotion, introduced last month. Memberswere offered the opportunity, starting Dec. 18, to buy a 16-monthCD for the premium rate of 3.05% and pick a football team to winthe Super Bowl. If their team makes it to February's annual NFLchampionship game the rate on their CD is bumped up to 3.41%, andif their tam wins the ultimate game, the rate is lifted to 3.82%,according to Tony Popielarz, head of marketing at Northeast CU.With the playoff teams set last weekend, interest in the promotionhas skyrocketed, with a total of $1.5 million sold, said Popielarz."Really, the monies keep pouring in," he told The Credit UnionJournal. The vast majority of members, about 90%, are betting onthe home team New England Patriots to go all the way again, butfans/members are also spreading their bets on other teams, like thePittsburgh Steelers, or the Green Bay Packers.