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Savings Challenge 3rd Quarter Winners Announced!

The 3rd Quarter winners of the Westerly Community Credit Union Savings Challenge were announced this week. Congratulations to Daniel Stratton of Westerly for winning the 1st place prize of $500; Joleen Radicioni of Westerly for winning the 2nd place, $250 prize; and Maureen Gavitt of Westerly for winning the $100 3rd Prize.

Westerly Community Credit Union issued this Savings Challenge to the membership and community with the intention to help encourage good savings habits. By adding to their Savings Challenge CD, they are entered into quarterly drawings and are eligible for the year-end grand prize of $5000.00.

To enter this contest, members must open a Savings Challenge CD with a $25 deposit (not the usual $500+ amount). They are able to add to it at any time and every $25.00 deposit, up to 10 in a month, enters them into the drawings.  To date, over 200 members are taking advantage of the Challenge and over 65% are adding on a monthly basis.

“We are excited about this Savings Challenge,” stated Meg Sisco, Vice President of Marketing at WCCU. “It encourages the frequency of deposits, not the amount deposited. This helps those with limited room in their budgets to still put a little aside consistently and encourage good savings habits.”

For more information and complete contest details, please contact Westerly Community Credit Union at 401-596-7000.

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