2/22/13 - Saving money is now a sweet deal for Pamela Spohn of Fenton, who was awarded a check for $10,000 Thursday from the ELGA Credit Union. Spohn is a winner of the grand prize for saving money in the credit unionâs Save to Win program. The Save to Win prize squad paid Spohn a visit at the Fenton VGâs, which has the credit union inside of it. The squad will be traveling across Michigan this week to award the checks to the ten prize winners, who were selected in a drawing in January. Spohn, who has been a member of the ELGA Credit Union in Fenton for over 4 years now, tells WHMI she couldnât believe she had won. To be eligible to win, the credit unionâs member must make at least a $25 deposit into a Save to Win certificate which entitles them to one entry into the Grand Prize drawing. Karen Church, the CEO of ELGA Credit Union was at yesterdayâs check presentation and says the idea for the contest originally came from the statistics of how much money people spend on the lottery. Church says itâs around $10 a week and as it is a gamble, many people come away from it losing money. By depositing $25 a month, the credit union members will not only have a chance at winning the grand prize, but they will also still have that money they deposited even if they do not win. Spohn says she plans to spend her winnings on a small vacation and necessities for her house. (DK)
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