Are you finding saving a challenge? Then the SAVE TO WIN account may be for you!
What Is SAVE TO WIN?
SAVE TO WIN is a prize-linked 12-month Share Certificate that helps you build savings while also giving you the chance to win prizes. Members who find saving challenging have the opportunity to start a regular savings plan that can help improve their financial picture in the long run. It’s a great way to get into the habit of consistently putting funds aside and potentially win extra cash!
How Do I Open An Account?
You can open a SAVE TO WIN account by:
- Visiting any Police Federal Credit Union of Omaha branch.
- Calling an MSR at 1(402) 391-4040 or 1(877) 329-2405.
- Emailing an MSR at MSR@opfcu.com.
A minimum deposit of $25 is required to open the SAVE TO WIN account. Your initial deposit is your first step to saving and is your first entry into the monthly and quarterly prize drawings. As you continue to make additional deposits into the account, you will accumulate more entries in the monthly and quarterly prize drawings.
How Can I Earn Chances To Win?
Each month, we’ll look at your current savings balance as compared to the previous month’s balance. You’ll receive one entry for every $25 increase. For example, if your SAVE TO WIN balance increases by $50, you will receive two prize entries for the month. Those prize entries will also be added to the quarterly prize drawing, giving you additional chances to take home one of the $5,000 prizes!
What Is a SHARE Certificate?
A share certificate is an account issued with a fixed-rate and fixed-term. You will earn a specified dividend if the certificate is held for the full term; in the case of SAVE TO WIN, the term is 12 months.
Can I Withdraw Money From My SHARE Certificate?
Yes, you are allowed to take one withdrawal from your SAVE TO WIN account in the 12-month period. A $25 withdrawal fee will apply.
What Are The Prizes?
The real prize is the nice savings balance you will build as you make regular deposits to your SAVE TO WIN account each month. But to make things exciting, there are monthly and quarterly cash prizes. All SAVE TO WIN account holders at participating credit unions will be eligible to win the Central monthly and quarterly cash prizes. Click here to view the Official Website of the SAVE TO WIN program for more information on the prizes.
What Are The Benefits Of Opening A SAVE TO WIN Account?
When you open a SAVE TO WIN account, you have nothing to lose – and everything to win! All the money you save throughout the year is yours to keep, plus interest. The chance to win cash prizes just for making deposits makes saving even more exciting! Who said saving couldn’t be fun?
SAVE TO WIN Account Requirements
- At least 18 years of age (19 in Nebraska).
- A legal resident of the state participating in the program.
- A new or existing Police Federal Credit Union of Omaha member in good standing.
- The account must be open during the drawing period.
*Minimum deposit to open a SAVE TO WIN CD is $25. Balances insured to a maximum of $250,000 by the NCUA.