We are excited to announce that the winners of the FirstPrize $avings $1,000 drawing was Marie and Kamisha Byas of Stamford, CT who had a joint account. FirstPrize $avings is an innovative basic savings account with a cash prize drawing component to promote personal savings. With each eligible deposit of $25 or more, the account holder earns an entry into a drawing for a $1,000 prize. The drawing occurs four times per calendar year.
“We have plans for this money. Kamisha and I agreed it would be a down payment for my car,” said Marie. Photographed are Jennifer Garcia, Assistant Branch Manager of the First County Bank Prospect Street Branch, Kamisha and Marie Byas, and Robert Granata, COO and President of First County Bank.
“I’m thrilled to present Marie and Kamisha with $1,000 for winning the Bank’s FirstPrize $avings account drawing,” said Robert Granata, COO and president of First County Bank. “First County Bank developed the new product in order to provide a cash prize incentive to encourage people to save, while making saving money exciting.”
Responding to the overwhelming need for consumers to increase their savings, First County Bank designed the FirstPrize $avings account to inspire those over the age of 18 to save by encouraging frequent and consistent deposits. This behavior reinforces the habit of saving with the fun of earning chances for a cash prize. With each eligible deposit of $25 or greater into this savings account, account holders can automatically earn chances to win $1,000. Account holders can earn up to ten chances per month and up to 30 chances per three month drawing period. A winner is selected in a random drawing held four times per year. Account details, rules and regulations are posted on the First County Bank savings account website https://firstcountybank.com/firstprize-savings.