The WINcentive Savings program recently announced the final prizes awarded through the Minnesota statewide prize pool for 2022, including two grand prizes of $5,000 each, five $1,000 quarterly prizes, and 50 $100 monthly prizes.
Members from Affinity Plus Federal Credit Union and West Metro Schools Credit Union were the lucky recipients of the annual grand prize drawings. Members from Affinity Plus Federal Credit Union, Mid Minnesota Federal Credit Union and Minnco Credit Union were among the program’s quarterly winners.
Affinity Plus employees of their Coon Rapids branch surprised grand prize winner, Tracy H., in the branch with a check presentation!
Participating members of all 22 Minnesota-based credit unions offering WINcentive were eligible for the monthly, quarterly and annual statewide prizes for 2022. Each credit union is also guaranteed to have one $100 winner each quarter.
As of December 2022, over 8,700 members of credit unions in Minnesota have saved a total of roughly $13 million in WINcentive savings accounts throughout the state.
WINcentive Savings incentivizes consumers in to save by offering risk-free rewards. WINcentive prizes are awarded on a monthly, quarterly, and annual basis, with prizes ranging from $100 to $5,000. Account holders in Minnesota qualify for up to four chances per month for each $25 increase in their month over month savings balance.
The Minnesota Credit Union Network and TruLync also administer prize-linked savings programs for credit unions in Delaware, Georgia, Hawaii, Louisiana, Massachusetts, Montana, New York, New Jersey, Ohio and Wisconsin. To date, the programs provide over 33,000 members throughout the nation the chance to win through prize-linked savings accounts, with nearly $70 million saved. Prize-linked savings facilitated by TruLync have awarded over $1 million dollars to members of credit unions since its inception.
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