TwinStar Member Wins $5,000 Save to Win Prize
March 4, 2015
March 4, 2015
TwinStar Credit Union recently awarded one of their members the $5,000 quarterly Save to Win prize. Duane M., who opened his Save to Win account after seeing an announcement in the local paper, said that he never wins anything — until now, that is.
Save to Win is the prize-linked savings program that takes people’s natural love of winning prizes and makes it a no-lose proposition. Save to Win accounts are share certificates that enter members into monthly and quarterly drawings every time they deposit $25 — up to ten entries per month.
Monthly prizes of $50 are awarded and every quarter one lucky Save-to-Winner gets $5,000.
“The members that are participating in this program typically love it,” said Miae Montanye, manager of TwinStar’s Tacoma branch. “It’s a way to ‘force’ themselves to save for something in the future, whether it be a down payment on a home or for something personal like a tattoo — one of our members actually used part of the funds for his new tattoo!”
Duane said when he accepted the check that not only would he use the money to pay some things off, he also plans to put some of it right back in savings. As he stood in the TwinStar lobby with his check, other members asked about the program and he encouraged them to join. One man went right to the teller and said, “Well, it looks like I need to open one of those accounts!”
“Usually in order to win cash prizes people have to gamble,” said Amanda Brenneman-Brown, NWCUA program manager. “What’s great about Save to Win is that, even if someone goes a year without winning a prize, they end the year with all their money. And if they do win a prize then they are richer, still!”
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