NuUnion CU Offers Savings Incentives As Part Of $100,000 Contest

LANSING, Mich.-- NuUnion CU has introduced a new savings program that enters members into a grand-prize ‘Save to Win’ drawing every time they make a deposit of at least $25 in their account.

NuUnion is one of the eight Michigan credit unions participating in the Save to Win contest which seeks to encourage savings by offering cash prizes of $33,000 per month, as well as the $100,000 grand prize, which will be awarded next January.

To play, NuUnion members and potential members must open a qualifying CD. For every deposit of $25 in a given month, they earn an entry into the monthly drawing, up to 10 prize entries per month.

At the end of the month, NuUnion will award prizes totaling more than $400 to members who made savings deposits during the month. The monthly prize entries will also count as entries for the $100,000 grand prize drawing in January 2010.

To see the official rules of the Save to Win product, go to www.michigansavingsraffle.org.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER