Earn Chances to Win
Just for Saving!
Ripco's *Saver's Sweepstakes Share Savings Account is a prize-linked savings program offered by Wisconsin, Minnesota and Illinois credit unions. Saver's Sweepstakes share savings accounts are designed to help credit union members save while giving them chances to win state-wide cash prize drawings.
Making deposits earns the primary share account holder entries into drawings for cash prizes! You earn chances to win without ever risking your savings, just like the lucky winners shown below.
OPEN A SAVER'S SWEEPSTAKES ACCOUNT NOW
Exciting Opportunity for Ripco Members!
We're thrilled to announce an exclusive enhancement to our Saver's Sweepstakes Share Savings Account, designed specifically for our loyal Ripco members! In addition to the existing state-wide 2024 Prize Pool shown below, Ripco is introducing its very own set of prize drawings, exclusively for our Saver's Sweepstakes account holders. This means more chances to win, just for being a part of the Ripco family!
- Monthly Draws: Every month, one lucky saver will be selected to win a special prize of $50. That's twelve additional opportunities each year to get rewarded just for saving!
- Quarterly Draws: In addition to our monthly prizes, every quarter brings a special opportunity for our members. Every three months, we will select a winner for a $100 prize. This quarterly draw is our way of enhancing the thrill of participation and the possibility of winning!
In total, these new exclusive drawings add an additional $1,000 in prize money annually, earmarked just for our Ripco Saver's Sweepstakes account holders! This is our way of saying thank you and adding an extra layer of excitement to your savings experience.
Prize Pool 2024
So many chances to win and the prize pool is $120,000!
Winners are informed or announced sometime around the 15th of each month for the previous month's entries.
Saver's Sweepstakes Account Features
- Open an account for $25 plus the purchase of one share ($5.00) if you are not already a member
- Minimum balance to maintain: $25.00
- Interest earned quarterly when balance is above $25.00
Other Saver's Sweepstakes Benefits
- Online Banking
- Mobile Banking
- eStatements
- eAlerts & Notices
- Direct Deposit
Deposit/Withdrawals and Entry details
- Unlimited deposits in any denomination
- Participants are only eligible to win once per drawing (monthly, quarterly, annual)
- One entry is given for each $25 increase in balance each month, max of 6 entries or $150
Account renewal/grace period
- Saver's Sweepstakes accounts will renew during the anniversary month of account opening.
- During the entire renewal month, participants may do any of the following:
- Withdraw/transfer funds
- Keep funds in account for another 12 months
- Close account
- Any balance that remains after account anniversary month will be treated as a new deposit for eligibility into the next monthly, quarterly, and annual prize drawings
Who is Eligible?
- The primary account holder must be a Wisconsin, Minnesota or Illinois resident at the time of account opening, and must remain a resident to be eligible to participate in Saver's Sweepstakes. If he/she moves out of Wisconsin, Minnesota or Illinois, becoming ineligible to participate; the credit union must close the account.
- The primary account holder must be a credit union member with a membership share account.
- A minor may be the sole or primary account holder with a parent or legal guardian's written permission; or a Saver's Sweepstakes account for a minor may be held as a custodial account.
- Only an individual can hold a Saver's Sweepstakes account. No businesses, estates, trusts, organizations, any public or private entities, unincorporated associations and/or others holding the account primarily for non-consumer purposes, are eligible to participate in Saver's Sweepstakes, either as primary account holders or as joint account holders.
Ready for Membership?
OPEN A SAVER'S SWEEPSTAKES ACCOUNT NOW
Or contact a Ripco credit union representative at 715-365-4800. You can also Contact Us Here.