Lucky Savers

Lucky Savers

  • What is Lucky Savers?

    It's a special term deposit account at Great Erie Federal Credit Union that helps you build your savings while giving you a chance to win monthly and quarterly cash prizes! Every $25 deposit (up to $250 per month) into this account gets you a chance to win - up to 10 chances every month. Plus, all the money deposited into the Lucky Savers account is still yours and helps to build your savings. It's a win-win situation!

  • How do I open an account?

    You can open a Lucky Savers account by visiting one of our convenient branch locations. You can set up scheduled money transfers to increase your chance to win.

  • What are the requirements to open a Lucky Savers account?

    Must be 18 years of age or older.

    A Great Erie Federal Credit Union member with accounts in good standing.

    Business and Trust accounts are not eligible for this account.

  • What is a term deposit account?

    A term deposit account is a special savings account. You earn a specified dividend if the term deposit account is held for the full term; in the case of Lucky Savers, the term is 12 months.

  • What is the dividend rate?

    The dividend rate is .35% APY.

  • Why should I open a Lucky Savers account?

    Because it's a win-win situation! And, you can win monthly and quarterly prizes! With regular deposits into your Lucky Savers account, you are guaranteed to have money saved at the end of the year.

  • What are the prizes?

    The Lucky Savers share certificate offers account holders the opportunity to win state-level monthly and quarterly cash prizes. In addition, Great Erie offers (3), three monthly prizes: 1st prize $100, 2nd prize $50 and 3rd prize $25.

Click Here for GEFCU Official Lucky Savers Rules

Click here for additional info from NYCUA

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