1. LOUISE NESTOR Notes to instructor:
Welcome participants to training and take attendance

2. Notes to instructor:
Welcome participants to training and take attendance

3. LOTTERY QUIZ
What percentage of adults play the lottery? 57% How much is spent on lottery annually? $78 Billion How much lottery revenue comes from players with incomes less than $50,000 per year? 80%
Notes to instructor:
Answers will display one by one on your click of the mouse. This is a great opportunity for interaction with your group. Allow the participants to guess answers before displaying.
Information sourced from the 2010 Prize Linked Savings Report by Doorway to Dreams and Filene Research Institute. US lottery data is from 2012.

4. What is save to win? A prize-linked 12-month share certificate (CD)
Offers the thrill of playing the lottery, except:
Unlike lotteries, no money is at risk
Instead, money is saved and earns interest (.45%)
Prize drawing entries are based on number of deposits
Prizes are paid to lucky members, but EVERYONE wins
A CD is just a guarantee to keep the funds on deposit for a certain length of “time" and in return you'll get a guaranteed rate of return.
Helps you cultivate the savings habit while also giving the chance to win cash
Developed by national credit union and non-profit organizations in 2008
-Michigan was first state to pilot the program in 2009 and had over 11,000 accts opened in first year
-CT fifth state to launch – Connex launched program in April
-7 states now involved (NY, Nebraska, Washington, N. Carolina, Virginia)

5. Deposits = Entries = Chances to Win
For every $25 in month-over-month balance increase, members receive one entry into the monthly and quarterly drawings
Ongoing deposits - No minimum or maximum deposits
There is a maximum of 10 entries per month
One withdrawal is allowed per 12 month term ($25 penalty)
Members can win multiple times and in consecutive
months!
Only 10 entries, but you can make unlimited deposits

6. PRIZES Monthly 150 $25 1,800 $45,000 Quarterly 1 $5,000 4 $20,000 5
# of Winners
Prize Amount
Total Winners
Total Prizes
Monthly
150
$25
1,800
$45,000
Quarterly 1
$5,000 4
$20,000 5
$1,000 20 10
$500 40
Total
150 per M / 16 per Q
n/a
1,864
$105,000

7. Eligibility & requirements
Account holders must be at least 18 years of age
Must be a legal resident of CT
Must be a member in good standing
Accounts must be open through the drawing period to be
eligible for prizes
Only one account allowed per person per credit union
Not available for business or trust accounts
Cannot be an employee, or immediate relative of one
Product is free to members
Immediate relative = spouse or child, or anyone in the same household as employee
STW facts: oldest member is 98, youngest is 18

8. wiifm
What’s in it for me??
Save to Win offers the excitement of the lottery without the risk
You keep all the money saved throughout the year, plus earn interest
Unlimited deposits allow you to set up a strong savings plan
150 members have the chance to win $25 monthly prizes plus quarterly prizes ranging from $500 - $5,000!
Talk about how Connex currently has 90+ accounts since launching in April
All different ages and income levels
Good for low income indiv’ls who normally may not have enough to open a CD account.
That you have to come in to the branch to do transactions limits the temptation to use the money, and forfeit savings. Can’t easily touch money.

9. Connex winners Two $500 winners and twenty one $25 winners to date!
Talk about how Connex currently has 90+ accounts since launching in April
All different ages and income levels
Good for low income indiv’ls who normally may not have enough to open a CD account.
That you have to come in to the branch to do transactions limits the temptation to use the money, and forfeit savings. Can’t easily touch money.

10. SECOND CHANCE CHECKING
Notes to instructor:
Welcome participants to training and take attendance

11. SECOND CHANCE CHECKING
For individuals who may be held back from opening a checking account due to past credit or account management problems
Provides access to Connex services, including Online and Mobile Banking, to manage account 24/7
Accounts in good standing for at least 12 months can upgrade to Unbank or Your Choice Checking
Talk about how Connex currently has 90+ accounts since launching in April
All different ages and income levels
Good for low income indiv’ls who normally may not have enough to open a CD account.
That you have to come in to the branch to do transactions limits the temptation to use the money, and forfeit savings. Can’t easily touch money.

12. SECOND CHANCE CHECKING
No minimum balance
FREE access to Online Banking, Bill Payment and Mobile Banking
Write checks and use VISA Debit Card at ATM and retail locations
Receive FREE Smart Score credit score range updates every 6 months
Fees: $10 annual debit card fee $15 monthly fee
Talk about how Connex currently has 90+ accounts since launching in April
All different ages and income levels
Good for low income indiv’ls who normally may not have enough to open a CD account.
That you have to come in to the branch to do transactions limits the temptation to use the money, and forfeit savings. Can’t easily touch money.

13. CREDIT BUILDER LOAN Notes to instructor:
Welcome participants to training and take attendance

14. CREDIT BUILDER LOAN
Designed to help members establish or boost a credit profile
Loan amounts $1,000 to $2,000
12 – 24 month terms; 9.99% APR
Loan funds are deposited in interest-bearing savings account
At maturity, member can take loan proceeds + interest earned. They can also work with a Financial Advocate to use funds to help reach other financial goals
Talk about how Connex currently has 90+ accounts since launching in April
All different ages and income levels
Good for low income indiv’ls who normally may not have enough to open a CD account.
That you have to come in to the branch to do transactions limits the temptation to use the money, and forfeit savings. Can’t easily touch money.

15. CREDIT BUILDER LOAN - requirements
Must be 18 or older
Financial education is required through Advocacy process and online training courses
Minimum 2 years employment
No charge offs, foreclosures, delinquencies or collection action in past 12 months
Cannot have caused Connex a loss
Talk about how Connex currently has 90+ accounts since launching in April
All different ages and income levels
Good for low income indiv’ls who normally may not have enough to open a CD account.
That you have to come in to the branch to do transactions limits the temptation to use the money, and forfeit savings. Can’t easily touch money.

16. EQUITY BUILDER PROGRAM
Notes to instructor:
Welcome participants to training and take attendance

17. EQUITY BUILDER PROGRAM
Assists eligible homebuyers with up to $11,000 in down- payment and closing costs
Grant funds available on a first-come, first-served basis
Available to households with incomes at or below 80 percent of HUD Area Median Income based on property location
Recipient must attend homebuyer education/ counseling program
Talk about how Connex currently has 90+ accounts since launching in April
All different ages and income levels
Good for low income indiv’ls who normally may not have enough to open a CD account.
That you have to come in to the branch to do transactions limits the temptation to use the money, and forfeit savings. Can’t easily touch money.

18. EQUITY BUILDER PROGRAM
Connex had one member receive grant funds in 2016.
We have been approved to offer the program again in 2017, which started March 27
Talk about how Connex currently has 90+ accounts since launching in April
All different ages and income levels
Good for low income indiv’ls who normally may not have enough to open a CD account.
That you have to come in to the branch to do transactions limits the temptation to use the money, and forfeit savings. Can’t easily touch money.

19. CONNEX CREDIT UNION
Improving the lives of our members…One member at a time.
BRANFORD
620 WEST MAIN STREET
NEW HAVEN
2 WHITNEY AVE
GUILFORD
849 BOSTON POST ROAD
NORTH HAVEN - HQ
412 WASHINGTON AVENUE
HAMDEN
2100 DIXWELL AVENUE
Anyone who lives works or worships in New Haven, Hartford, Middlesex or Fairfield counties are eligible to open account. Can do it online or in-branch.
MERIDEN
533 S. BROAD STREET
ORANGE
212 BOSTON POST ROAD