A consortium of Michigan credit unions have implemented an interesting scheme to add a bit of excitement to the otherwise boring act of buying a certificate of deposit (CD). From The Wall Street Journal: Members who put $25 or more into a Save to Win one-year CD are entered into a monthly “savings raffle” for prizes up to [...]
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Any information shared by Econ4U is provided for informational purposes only. The content is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. We recommend that you discuss your specific circumstances with an independent financial adviser.
