JACKSON, Mich. CP FCU, which operates 33 in-school branches, provided limousine services and prizes totaling about $500 to an 11-year-old student at St. John Elementary School who won the credit union’s “Millionaire for a Day” contest.
The $1 million deposited into Allie Sweeney’s savings account for 24 hours at 1.6% only earned her $45, but the winnings also included $100 for being a contest finalist, plus additional prizes that brought her total to $500.
As the contest winner, Allie, who works as a teller at the credit union’s in-school branch, rode in a limo with her mom and dad, her 6-year-old brother Drew and two 11-year-old friends from the school to the credit union’s main branch, where the $1 million deposit was made into her account. Teacher Vicki James greeted Allie Wednesday morning with a red carpet, crown and decorated desk. Schoolmates also had their pictures taken by the limo. Later, the Sweeneys headed to dinner at the Jackson Country Club with John Crist, president of CP Federal.
Children could enter the “Millionaire for a Day” contest, which is aimed at encouraging young people to develop a savings habit, from Oct. 1 to March 1 by visiting any CP FCU branch or by mailing in their name and address to the main branch.
Allie Sweeney has had an account at her school for two years. Four other students received $100 prizes in the contest.
