Ramp Up Your Prize Savings for the 2021 Grand Prize Give Away of $49,999.99
Published December 10, 2021
As 2021 is quickly coming to an end, Neighborhood Credit Union and members are ramping up for the annual Prize Savings Account Grand Prize Giveaway of $49,999.99 for one lucky winner.
How do I qualify to win?
To win big, it's simple! For every $25 in your Prize Savings Account, your name will be entered into a randomized drawing. The more you save, the more chances you have to win.*
| $25 | 1 Entry |
| $100 | 4 Entries |
| $1,000 |
40 Entries
|
| $10,000 |
400 Entries
|
What is a Prize Savings Account?
When you become a member of Neighborhood Credit Union, you’ll open our Prize Savings Account with a minimum $25 deposit that will be held for the life of your membership. You may catch yourself wondering why we require this of our members; a Prize Savings Account holds as your Membership Share in the credit union, thus making you a stakeholder that reaps exciting member benefits and has a say in credit union operations.
Why do we give away money?
The reward-based savings account was created in 2007 in hopes of encouraging members to increase their savings during a time when savings were at a nationwide low. We give away $1,000 weekly with a winner announced each Friday at noon via social media channels and one annual grand prize of $49,999.99 announced at the beginning of each year. Every $25 in your Prize Savings Account equals
Account Details
- Opening deposit minimum: $25 membership share
- No maintenance fees with an additional account or loan product or with an average daily balance of $5001
- Unlimited deposits
- 3 free withdrawals each month2
- Earn 0.10% APY interest with a $100 minimum balance3
*Limit one (1) Prize Savings account per membership. Must be 18 years of age or older. Please refer to the Official Prize Entry Rules.
1If no other loan or deposit product exists and the minimum balance is not maintained, a Minimum Relationship Fee applies. Please see the Rates and Fee Schedule for details.
2Any additional withdrawals per month will incur a fee. Please see the Rates and Fee Schedule for details.
3APY = Annual Percentage Yield. In order to earn stated annual percentage yield, a minimum balance is required. Please see the Truth-in-Savings Disclosures(Opens in a new Window) and the Rates and Fee Schedule for details.
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Who We Are
As an active part of the community for 93 years, Neighborhood Credit Union is a not-for-profit financial organization serving the state of Texas with branch locations in Collin, Dallas, Denton, Ellis, and Tarrant counties. With assets topping $1 billion, Neighborhood Credit Union has a continuously growing membership of over 60,000. For more information, call (214) 748-9393 or visit our homepage.