Save and Win
Educators Credit Union wants to help you save and win! Introducing the Saver’s Sweepstakes1 savings account. This new account is a prize-linked account that enters you into a sweepstakes to win $100, $1,000 or $5,000! With this savings account, you could be rewarded for putting aside as little as $25 each month. Over time, this savings can build up and help establish better savings habits.
Open your account
For every $25 deposit, you can earn an entry. You can earn up to six entries each month.2
We'll draw a winner
At the end of the month, we’ll put the entries into a drawing and pick a winner. Winners will be notified on the 18th or 19th of every month.
You could win!
Each month, there will be a $100 drawing. Each quarter, there will be a $1,000 drawing. Each year, there will be a $5,000 drawing where an Educators member will be selected as our grand prize winner!
1This sweepstakes is open to Wisconsin, Illinois and Minnesota residents only. Entries are tallied for the primary owner on the account. fiduciary and business accounts are not eligible. Each individual — limited by social security number — can have a maximum of six entries per month, 18 entries per quarter and 72 entries per year in educators credit union drawings. Entries are earned based on month-over-month increases in the saver’s sweepstakes account balance. Chances of winning are determined by the number of total entries per drawing. The drawings are conducted on a statewide basis. Account withdrawal could impact your total number of entries. A closed account will result in the forfeiture of all sweepstakes entries. Other restrictions may apply. This disclosure may be updated from time to time, and if it is updated, account holders will receive a notice of updated disclosure as well as the effective date of the updates as required by law. Only one saver’s sweepstakes account can be opened per social security number. 2When any withdrawal is made, the primary account holder forfeits saver’s sweepstakes prize drawing entries for that prize pool to the extent that the account balance decreases month-over-month. For example, if a member deposits $25 in a month, but then withdraws $5, the balance won’t increase enough to earn a drawing entry. 3APY= annual percentage yield. The rate may change after the account is opened. The rate is accurate as of March 1, 2021. There is no minimum deposit required to open a saver’s sweepstakes account.