SOUTH BEND, Ind. – Notre Dame FCU said it succeeded in savings members $1 million in interest payments, fulfilling a pledge it made the beginning of the year under its Million Dollar Savings Challenge.
During the Million Dollar Savings Challenge, the credit union promised to save its members 2% or more on any existing non-Notre Dame FCU loans or the applicants would walk away with $25.
Television commercials for the Million Dollar Savings Challenge featured stories from real members who saved money on loan interest with Notre Dame FCU and how their personal financial situations were improved as a result.
“This effort has helped people refinance their loans and reduce monthly payments, giving them peace of mind and getting them closer to financial security. Phenomenal stories have surfaced about how the Notre Dame FCU family has helped better many individuals’ financial situations,” said Thomas Gryp, president of the $430-million credit union.