The Jeanne D’Arc WinStrong Savings Account (WSA) is a bonus savings account available to consumer account members who are Massachusetts residents age 18 years or older. The WinStrong Savings Account gives you the chance to win monthly, quarterly, and annual cash prizes while earning a competitive rate. You are entered to win monthly, quarterly, and annual prizes with each $25 deposit* you make.
Prizes: All Prizes are cash prizes and will be deposited into the winner’s WSA account. Prize winnings may be withdrawn from the member’s account, in the month they are awarded, without penalty, however, account holder is encouraged to consider saving part of any prize winnings in the WSA account.
All winners will be selected from among all eligible participants in the drawing pool. Drawings will occur on or about the 10th of each month, or the next business day, for the previous month, quarter end, and/or year for which valid entries will be determined. Additional special drawings, in amounts to be determined, may be announced from time to time.
Winners will be notified via telephone, email, or standard USPS mail. Prizes are non-transferrable. Prize winnings will be reported as income on IRS 1099 form. Jeanne D’Arc Credit Union will provide this form to its members who have received a prize from the drawing that meets or exceeds the regulations for reporting in adherence to the MA state tax laws.
Chance of Winning: Actual odds of winning are based upon the number of eligible entries received. Each eligible entry shall have a chance of winning that is equal to that of all other entries.
* Account holders can make a maximum of four (4) entries per month.