In our recent Save to Win prize drawing, a member from our Santa Maria branch was the big winner of a $2,500 cash prize! Save to Win is a prize-linked savings account that offers the chance to win cash as increased deposits are made to the account. The program typically awards prizes from $25-500, however, one lucky winner recently received this grand prize.
“Since launching Save to Win in November 2019, 114 members have won a combined $11,425, now surpassing a milestone of $10,000 given back to our members” said Kara Clark, SESLOC Marketing Manager. “We are pleased with the success of the program so far and enjoy watching our members foster healthy money saving habits in a fun and rewarding way.”
SESLOC is committed to providing tools and services to boost financial wellness in the community, and adding Save to Win offered an affordable way to open a share certificate as it has a low minimum balance of just $25.00. Eligible non-members and members may open a Save to Win 12-month Share Certificate at any branch or online. For every $25 deposited, account holders are automatically entered into a quarterly prize drawing to win up to $5,000 among all Save to Win Program participating credit unions. Additionally, a $500 quarterly prize and two $25 monthly prizes will be drawn exclusively from SESLOC Save to Win account holders. The more account holders deposit, the greater their chances of winning (maximum of 10 entries per month).