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Are you ready for the savings challenge?
Sign Up Today for the Savings Challenge and a Chance to Win $10,000! Sign Up Today!

Register today to win cash prizes while helping your family on the road to fiscal fitness and financial security in the 2010 New Mexico Savings Challenge.

Chino Federal Credit Union will select three credit union families to participate in the 2010 Savings Challenge. Participating families will learn how to reduce debt, build credit and increase savings as they work toward a statewide grand prize of $10,000. One finalist from Chino Federal Credit Union will compete against five other finalists from five other New Mexico credit unions to win this grand prize.

Participants will meet monthly with local financial coaches from the credit union who will help them make a strategy, adjust their plans along the way and monitor their progress. An outside CPA firm will tally the final numbers, looking for reduction in debt and an increase in savings and credit scores, to find the statewide winner of the $10,000 grand prize.  The winning family at each credit union will receive a cash prize too.  

Savings Challenge Goals:

  • Improve Savings
  • Reduce Debt
  • Improve Credit Score

To be considered for the Savings Challenge, you will need to:

  • Be a member in good standing of Chino Federal Credit Union
  • Be living as a member in a family household (Two or more family members)
  • Complete our free, 20 hour financial literacy class. Learn more >
  • Provide a letter explaining your need for fiscal fitness and financial security

There is no charge to participate. However, you must be willing to share your story and what you learn with the community and the state.   So come to Chino Federal Credit Union today to get started in the 2010 Savings Challenge.

Interested members will be able to download an application for the Savings Challenge from this web page when it is completed. Completing our free 20 hour financial literacy class is a requirement to be considered for the Savings Challenge.  The Savings Challenge will run from May 2010 through April 2011.

  • You must be at least 18 years of age and a citizen of the United States to be eligible to win prizes. Employees and their immediate family members of Chino Federal Credit Union are not eligible to win.
  • By participating, you certify that you are a United State's citizen and that you agree to be bound by these Official Rules and the decisions of the judge(s), which shall be final and binding in all respects.
  • Odds of winning depend on the total number and quality of eligible entries received. Void where prohibited by law.
  • All federal, state, and local taxes, fees and surcharges on prizes are the sole responsibility of the prize winners. Acceptance of a prize constitutes permission for CFCU and the hosting credit union, to use their names, city and state of residence and winning information, online and in print, or any other media, for editorials, advertising and promotional purposes in connection with the Contest without additional compensation unless prohibited by law.
  • By entering, you release and hold harmless CFCU, its respective affiliates, directors, officers, employees, attorneys, agents and representatives from any and all liability for any injuries, loss, claim, action, demand or damage of any kind arising from or in connection with the Contest or any prize won, participation in the Contest or in any Contest-related activity. CFCU is not responsible for any incorrect or inaccurate information, whether caused by web site users or by any of the equipment or programming associated with or utilized in the Contest or by any technical or human error which may occur in the processing of submissions in the Contest, including but not limited to any misprints or typographical errors. CFCU assumes no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction or unauthorized access to, or alteration of, entries. CFCU is not responsible for any problems or technical malfunction of any telephone network or lines, computer systems, servers or providers, equipment, software, failure of e-mail for any reason, injury or damage to participants or to any other person's computer related to or resulting from participating or downloading materials in this Contest. If, for any reason, the Contest is not capable of completion as planned because of circumstances beyond the control of CFCU which corrupt or affect the administration, security, fairness, integrity or proper conduct of this Contest, CFCU reserves the right at its sole discretion to cancel, terminate, modify or suspend the Contest.