From May 2019 until December 2019, eCo Credit Union — which always prioritizes providing financial education to members and the community — gave members an extra incentive to save through its Financial Fitness program.
Through this program, members who opened a specific account and had a balance increase of at least $25 per month were entered to win prizes. Each month, five random winners were selected to receive $100, and at the end of the year, a member whose balance increased by $25 every month was randomly chosen to receive $5,000.
“We want to see our members achieve their financial dreams,” said eCO CEO Joey Hand. “The Financial Fitness Club provided an additional incentive to encourage saving, and we hope it helped our members create healthy habits of saving each month.”
The $5,000 winner, Kay Fason, was surprised at eCO’s branch in Clay. She is retired and prioritizes setting aside money in case of an emergency. Recently returning from a trip to London, she also enjoys traveling and hopes to take more vacations soon. She said she plans to save her prize.
At the end of the program, Financial Fitness Club Account balances totaled more than $38,000.