Save to Win
What is Save to Win?
Are you finding saving a challenge?? Then the Save to Win account may be for you! This 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?
Simply come into any Connex branch and open a Save to Win certificate with a minimum opening deposit of $25. This initial deposit is your first step to saving and counts as your first entry into the monthly and quarterly drawings. Every additional $25 deposit into this account earns you an entry into the prize drawings - up to 10 chances every month. Prizes range from $25 to $5,000!
What are the benefits of opening a Save to Win account?
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?
What is the dividend rate?
The current rate is .40% APY.*
Save to Win Account Requirements
Must be 18 years of age or older
A new or exisiting Connex Credit Union member in good standing
The account must be open during the drawing period
Please refer to the rules for more information on Save to Win requirements and terms and conditions.
GET READY TO SAVE TO WIN! IT'S A WIN-WIN SITUATION.
Official website: www.savetowin.org
Visit a branch or call 1-800-CR-UNION today to open a Save to Win account.
*APY = Annual Percentage Yield. Minimum deposit to open a Save To Win CD is $25. Balances insured to a maximum of $250,000 by the NCUA. Share Certificate dividends are compounded daily and paid monthly. To view our current rates, click here. Early Withdrawal & Penalty: During the term of the Save to Win® Certificate, account holders will be allowed to make one withdrawal from the account, with a $25.00 penalty to be assessed at the time of withdrawal. If the early withdrawal reduces the principal below the minimum balance or a second withdrawal is performed in the 12- month term, the certificate will be closed. The second withdrawal will also result in a $25 penalty to be assessed at the time of withdrawal. If the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal. Exceptions to Early Withdrawal Penalties: At our option, we may pay the account before maturity without imposing an early withdrawal penalty when an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.