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SAINT PAUL, Minn. - The Minnesota Credit Union Network (MnCUN) is a proud participant in America Saves Week, an annual national campaign that encourages individuals and families to check-in on their finances by highlighting several key areas that contribute to financial stability; such as saving automatically, preparing for unexpected expenses, retirement, and reducing debt. America Saves Week is February 27, 2023 - March 3, 2023. As part of America Saves Week, MnCUN is reminding consumers that credit unions offer ways to build savings and improve financial well-being. As not-for-profit financial cooperatives, credit unions give back earnings to members in form of higher interest rates on savings, lower loan rates and have lower and fewer fees, on average, when compared with other financial institutions. There is a credit union for everyone, visit Your Money Further to find a credit union. Additionally, WINcentive® Savings accounts are available exclusively to credit union members. WINcentive Savings incentivizes consumers 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. Last month, Affinity Plus employees of their Coon Rapids branch surprised grand prize winner, Tracy H., in the branch with a $5,000 check. “WINcentive Savings is an example of how credit unions promote the financial well-being of their members,” said John Ferstl, Chief Operating Officer of the Minnesota Credit Union Network. “WINcentive accounts makes savings easy and fun.” Since 2016, 8,700 members of credit unions in Minnesota have saved a total of roughly $13 million in WINcentive savings accounts throughout the state. About MnCUN The Minnesota Credit Union Network is the statewide trade association that works to ensure the success, growth, and vitality of Minnesota credit unions. With nearly $38 billion in assets, Minnesota credit unions are local, trusted financial cooperatives that serve nearly 2.1 million members at 402 branch locations around the state. About America Saves Week Since 2007 America Saves Week, coordinated by America Saves and its partners, has been an annual celebration as well as a call to action for everyday Americans to commit to saving successfully. Through the support of thousands of participating organizations, together we encourage our local communities to do a financial check in to get a clear view of your money story and saving behaviors. The America Saves pledge is the online tool that allows savers to set a goal, and make a plan to achieve better financial stability.
SAINT PAUL, Minn. - The Minnesota Credit Union Network (MnCUN) is a proud participant in America Saves Week, an annual national campaign that encourages individuals and families to check-in on their finances by highlighting several key areas that contribute to financial stability; such as saving automatically, preparing for unexpected expenses, retirement, and reducing debt. America Saves Week is February 27, 2023 - March 3, 2023.
As part of America Saves Week, MnCUN is reminding consumers that credit unions offer ways to build savings and improve financial well-being. As not-for-profit financial cooperatives, credit unions give back earnings to members in form of higher interest rates on savings, lower loan rates and have lower and fewer fees, on average, when compared with other financial institutions. There is a credit union for everyone, visit Your Money Further to find a credit union.
Additionally, WINcentive® Savings accounts are available exclusively to credit union members. WINcentive Savings incentivizes consumers 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.
Last month, Affinity Plus employees of their Coon Rapids branch surprised grand prize winner, Tracy H., in the branch with a $5,000 check.
“WINcentive Savings is an example of how credit unions promote the financial well-being of their members,” said John Ferstl, Chief Operating Officer of the Minnesota Credit Union Network. “WINcentive accounts makes savings easy and fun.”
Since 2016, 8,700 members of credit unions in Minnesota have saved a total of roughly $13 million in WINcentive savings accounts throughout the state.
About MnCUN
The Minnesota Credit Union Network is the statewide trade association that works to ensure the success, growth, and vitality of Minnesota credit unions. With nearly $38 billion in assets, Minnesota credit unions are local, trusted financial cooperatives that serve nearly 2.1 million members at 402 branch locations around the state.
About America Saves Week
Since 2007 America Saves Week, coordinated by America Saves and its partners, has been an annual celebration as well as a call to action for everyday Americans to commit to saving successfully. Through the support of thousands of participating organizations, together we encourage our local communities to do a financial check in to get a clear view of your money story and saving behaviors. The America Saves pledge is the online tool that allows savers to set a goal, and make a plan to achieve better financial stability.