Saver's Sweeptakes

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 can enter you into a sweepstakes to win $100, $1,000 or $5,000!

We understand that saving money is a challenge. It can be very hard to get started and keep the habit going. With this new 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 habits. It’s all a part of Educators mission to educate and advise our members.

Don’t miss your chance to win!

Here’s how the Saver’s Sweepstakes works:

  • Come into any Educators Credit Union branch and open an account.

  • For every $25 you deposit, you earn an entry. You can earn up to six entries each month.

  • 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.

  • Each month, a member will win $100. Every quarter, we’ll hold a $1,000 drawing. After one year, an Educators member will be drawn as our grand prize $5,000 winner!

Frequently Asked Questions

Want to know more?

Rate

Type dividend Rate APy1 Minimum Balance Required to earn APY Minimum to open
Saver’s Sweepstakes 0.20% 0.20% $0.00 $0.00

1 There is no minimum deposit required to open a Saver’s Sweepstakes account. This sweepstakes is open to Wisconsin 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. The Saver’s Sweepstakes conducts statewide drawings. Each individual — limited by social security number — can have a maximum six entries per month, 18 entries per quarter and 72 entries per year in the statewide drawing. 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. Account is subject to a $10 withdrawal penalty with your first and second withdrawal from the account. The account will be closed after your third withdrawal. Account withdrawal could impact your total number of entries. A closed account will result in the forfeiture of all sweepstakes entries. Participants can make a penalty-free withdrawal from the account 12 months after the account is opened and every 12 months thereafter. Other restrictions may apply.

Account Disclosures

Name Purpose
Saver’s Sweepstakes – Full Disclosure Full Account details for the Saver’s Sweepstakes

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