TYSONS, Va.–PenFed Credit Union has named the winner of its $20,000 sweepstakes. Bethany Edmonds won the money as the top prize in an auto loan promotion.
Edmonds, a corporate human resources manager, plans to use the money to help pay for a destination wedding in Belize later this year and to pay off her auto loan.
“This was unexpected, but wonderful,” said Edmonds. “I have been a member of PenFed since 2017 and I saw the ad for the sweepstakes online as I was paying for my auto loan. I entered and completely forgot about it. When I later heard the news that I was the winner of the $20,000, it absolutely made my day. This will allow my fiancée and I to have experiences that otherwise would not be possible, or would have to be delayed.”
All members approved for PenFed auto loans between Dec. 1, 2020 and Jan. 31, 2021 were entered to win automatically. Others, like Edmonds, applied online through the sweepstake website advertised at PenFed.org. The contest received more than 115,000 entries.
“In addition to providing competitive new and used auto loan options, PenFed is thrilled to share fun perks with our members like this $20,000 giveaway,” said PenFed Chief Marketing Officer Gaurav Bhatia. “As a member-owned credit union, the financial wellbeing of our members is our top priority. After a year filled with many challenges, we couldn’t be more pleased to offer Bethany the opportunity to pay off her car loan for free and to help pay for her wedding in Belize.”
An interview with Edmonds can be viewed here.