CLINTON TOWNSHIP, Mich. – Mary West of Ferndale was surprised with a telephone call from Central Macomb Community Credit Union that she had won $1,000. West participates in the credit union’s Save to Win CD program and her name was drawn as one of five quarterly $1,000 winners.
“I try to put spare money aside so I can deposit $25 a month into the CD,” said West, who was also a monthly prize winner of $50 this year. West, a member of Central Macomb since 2007, began saving in the Save to Win CD program when it was first offered in 2008. West said she uses the CD as a savings account for her vacation money. Pointing to her check, she said, “This will be an upgrade.”
The Save to Win CD can be started with as little as $25 with additional deposits accepted throughout the term of the one-year CD. For every deposit of $25, the member’s name is entered electronically into a drawing for prizes. Savers can win monthly and quarterly cash prizes valued up to $5,000.