Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
'Save to Win' helps Mich. members save $33M
LIVONIA, Mich. (2/11/14)--Six Michigan credit union members each will receive $10,000 for taking part in the "Save to Win" program, which resulted in $33 million in savings overall.
 
More than 12,500 "Save to Win" accounts were opened through the end of 2013, with an average balance of $2,600 per account ( Monitor Feb. 10).
 
This week, two grand prizes will go to members of Community Driven CU, Ypsilanti, $59 million in assets. The other four winners are members of Christian Financial CU, Roseville, $284 million in assets; Sunrise Family CU, Bay City, $95 million in assets; and Public Service CU, Romulus, $137 million in assets.
 
More than $38.5 million has been saved among the four states--Michigan, Nebraska, North Carolina and Washington--that use the "Save to Win" program, with more than $1 million in prizes being distributed.
 
Participating members earn one entry into the grand prize drawing for every $25 deposit they make into a "Save to Win" account. Smaller prizes also are awarded through the year. All deposits generate interest, build accounts and encourage savings behavior.


RSS





print
News Now LiveWire
.@NACHAOnline report: ACH volume increases to 23B payments in 2014 http://t.co/va2WYMh4Zv
10 hours ago
.@CUNA's @HampelBill in @washingtonpost on options for wary mortgage borrowers: http://t.co/CPSgTNgwmm
15 hours ago
Housing starts thaw, mortgage rates stand pat #Market #NewsNow http://t.co/hhPj5v5AH3
16 hours ago
.@CUNA files #RBC2 comment, urges #CU system to be heard #NewsNow http://t.co/yfoZHAMlZc
16 hours ago
#NewsNow Youth Month attracts 100,000th member for Mich. CU http://t.co/cgF5o83XlK
16 hours ago