LANSING, Mich. (8/24/12)--A Cadillac, Mich., woman is the winner of the first Facebook contest held as part of a statewide effort to raise awareness about credit unions.
From left are Wexford Community CU President/CEO Fred Schuster; Audrey Davis, mother of Secret to Savings Contest winner Rosemarie McConnell, Wexford board member Sandra Roundhouse, father Ken Davis, Rosemarie McConnell, son Will McConnell, daughter Lindsey Westdorp (holding grandson Will McConnell) and board member Mike Dolack. (MCUL photo)
Rosemarie McConnell, 54, received the $700 prize Thursday at Wexford Community CU's Lake City branch, for her winning response.
"I love puzzles and I love my credit union so this competition grabbed my attention right away," said McConnell. "I'm really excited to be able to share the prize money with my family, and to open a credit union account for my 2-year-old grandson. Credit unions have been terrific to our family, so I want to get him started early."
"Michigan credit unions are always looking for innovative and fun ways to give money back to our members, and this Facebook competition is another example of our commitment to the families we serve," said David Adams, CEO of the Michigan Credit Union League.
"Giving back to our members is what we are all about," said Wexford Community CU CEO Fred Schuster.
The puzzle McConnell solved asked entrants to complete a phrase by filling in missing letters and thus highlighting a benefit of credit unions: "Lower fees and loan rates combined with exclusive discounts add up to big savings for credit union members."
More than 50 entries were submitted, and McConnell was the first to solve it. She has been a credit union member for more than 30 years.
The campaign also included the launch of a new online portal for Michigan credit union information, at CU Link.
The next promotion, "What would you do with $1,240?" began Wednesday and runs through Sept. 23. The new sweepstakes highlights another benefit of credit union membership: lower auto loan rates, which can save members an average of $1,240 over the course of a loan.