Crafty Michigan Credit Unions Implement A Lottery Worth Playing

Crafty Michigan Credit Unions Implement A Lottery Worth Playing

Save to Win gives Michigan residents the chance to win the lottery simply by purchasing a certificate of deposit. Here’s how it works: residents who contribute at least $25 into a Save to Win CD are automatically entered into monthly drawings for a $400 raffle, and an annual drawing for a $100,000 jackpot. Even if you don’t win, you still have an interest bearing CD.

Whoops: Typo Causes You To Overdraft $546,020

Whoops: Typo Causes You To Overdraft $546,020

Reader Thomas was celebrating the birthday of his 1 year old when a letter arrived from his credit union. It was a notice informing him that he had overdrafted his account. By $546,020. Whoops.

Credit Union Charges $2 Fee For "Not Having Your Deposit Slip Ready" At The Drive Thru

Credit Union Charges $2 Fee For "Not Having Your Deposit Slip Ready" At The Drive Thru

So, this is weird. A credit union in Florida charges a $2 fee if your arm isn’t hanging out of your window with your deposit slip in hand as you pull up to the drive-thru window. And that’s not the only fee that SunState Credit Union charges. They’ve got a $2 fee for coming in more than 4 times a month, and another charge for not using the telephone banking system.