What is Saver's Sweepstakes?
Saver’s Sweepstakes is The Wisconsin Credit Union League’s statewide prize-linked savings program. Saver’s Sweepstakes share savings accounts are designed to help individual credit union members save while giving them chances to win statewide cash prize drawings.
Think of Saver’s Sweepstakes accounts as being structured similarly to holiday club accounts: Members can make deposits, and the money in the account is theirs, but their withdrawals are limited during a 12-month savings period, which begins when the member opens the accounts, and it ends 12 months later. Making deposits earns the primary account holder entries into drawings for cash prizes.