Join the WINcentive Savings Program at St. Cloud Federal Credit Union

St. Cloud Federal Credit Union is offering an opportunity for our members to win free cash prizes while developing smart saving habits. Fourteen credit unions across the state are already participating in the WINcentive Savings Program.

What is WINcentive?The WINcentive Savings Program is just another way that Minnesota credit unions reward their members and encourage healthy and stable savings planning in a fun and productive way. WINcentive is a prize-linked savings accounts that gives you the opportunity to win up to $5,000 in cash prizes.

What can I win?
50 members will win $100 each month, five members will win $1,000 each quarter and one member will win $5,000 each year. Winners will be announced on the Prize Winners page on the WINcentive Savings website.

How does it work?
For every $25 monthly increase in your savings account balance, you earn an entry into the monthly, quarterly, and annual state prize drawings with a maximum of four entries per month per member per participating credit union. All you need to do to maximize your monthly raffle entries is to deposit $100 into your savings account each month.

How can I participate?
In order to participate in the WINcentive program and be eligible to win prizes, you must open or have an eligible account. You must also be a resident of Minnesota and be a member with a regular share account in good standing with a participating credit union. If you fail to meet the account eligibility requirements, then you will no longer be eligible to participate.

When will it start?
The first WINcentive Savings Drawings will occur in February 2016 for January deposits. For a schedule of future drawings, visit the 2016 Statewide Prize Drawing Schedule.

Where do I go for more information?Visit the Minnesota Credit Union Network for more information about the WINcentive Savings program, as well for savings resources and the prize schedule.

The best part of this program? You can’t lose! Even if you do not win one of the drawings throughout the year, you’ll still have a hefty savings account by the end of 2016. Stop in to St. Cloud Federal Credit Union today to open your savings account. Good luck - and happy saving!