KOHLER ó Kohler Credit Union has
launched Saverís Sweepstakes, a new prize-linked savings account.
The sweepstakes offer prize drawing entries in return for each time
members increase their savings balance by $25, up to six entries per
month. Prize drawings occur monthly, quarterly and annually, with a
grand prize up to $5,000.
The Saverís Sweepstakes account at Kohler Credit Union is designed
to help members improve saving habits in a whole new way that
actually makes saving fun, according to a bank press release.
ďMembers feel rewarded by watching their savings grow, and
experience the excitement of a chance to win the prize drawings. And
unlike playing the lottery, nothing is lost with Saverís
Sweepstakes. All of the money deposited into the account, plus
interest, is the memberís to keep,Ē the press release said.
Americans still lack savings despite improvements in the economy.
According to a recent Bankrateís Financial Security Index Survey,
six in 10 Americans donít have enough set aside to cover a $500
unplanned expense, and a quarter of Americans have no emergency
savings at all.
ďProviding our members with a new way to save money and improve
their financial well-being aligns with our values as an
organization. Saverís Sweepstakes is intended to encourage positive
saving behaviors that will impact our membersí livelihood now and
into the future,Ē said Laura Gabrielse, senior vice president of
communications and community development.
For more information about how to participate in Saverís
Sweepstakes, and to review the complete terms, conditions and
official rules, visit kohlercu.com
or call 888-528-2595. Early withdrawal limits may apply.
Kohler Credit Union is a $425 million not-for-profit, financial
cooperative, owned and governed by its members.
Membership is open to anyone who lives or works in Sheboygan,
Calumet, Fond du Lac, Manitowoc, Milwaukee, Ozaukee, Washington or
Waukesha counties; as well as their immediate family members and
associations or organizations. Federally insured by the NCUA.