Billings Federal Credit Union offers a new, fun and unique way to improve money habits
Saving is a challenge for many Americans. In fact, a recent Bankrate survey found that 6 in 10 Americans don’t have enough money set aside to cover a $500 unplanned expense and a quarter of Americans have no emergency savings at all.
A new type of savings account is trying to change that by making saving fun, and it is now available at Billings Federal Credit Union.
WINcentive Savings offers credit union members the opportunity to save and win some extra cash. Each time accountholders increase their savings balance by $25, they get one entry in the prize pool. Members can earn up to 4 entries per month for a chance to win the $5,000 or $1,000 annual grand prize drawing, as well as $100 monthly and $1,000 or $250 quarterly prize drawings too.
Members feel rewarded by watching their savings grow, they experience the excitement of the prize drawings, and most importantly, they are improving their money habits with no risk. Unlike playing the lottery, WINcentive Savings costs nothing. All of the money that members deposit into their accounts, plus interest, remains the member’s.
Kevin Rookhuizen, Vice President of Sales Marketing says, “WE ARE EXCITED TO HELP OUR MEMBERS AND COMMUNITY SAVE MONEY AND HAVE FUN DOING IT!”
For more information about how to participate in WINcentive Savings at Billings Federal Credit Union, click here.