Savings promotion definition
Savings promotion means a contest or promotion to encourage savings deposits that is sponsored by one or more banks, or by a banking trade association or its subsidiary in con- junction with one or more banks, and in which bank depositors are offered a chance to win designated prizes.
Savings promotion means a contest or promotion to encourage savings deposits that is sponsored by one or more credit unions, or by a credit union trade association or its subsidiary in conjunction with one or more credit unions, and in which credit union members are offered a chance to win designated prizes.
Savings promotion means a contest or promotion to encourage savings deposits that is sponsored by one or more sav- ings and loan associations, or by a banking or thrift trade associa- tion or its subsidiary in conjunction with one or more savings and loan associations, and in which savers are offered a chance to win designated prizes.
More Definitions of Savings promotion
Savings promotion. - means a contest or promotion sponsored by a bank- ing organization in which a chance of winning design'ated prizes is obtained by the deposit of specified amount Of money in a saving account, share account, share certificate, or other savings products or program;
Savings promotion means a contest or promotion sponsored by a depository institution in which a chance of winning designated prizes is obtained by its depositors for the purposes of encouraging depositors to build and maintain savings deposits.
Savings promotion means a contest or promo- tion to encourage savings deposits that is sponsored by one or more savings banks, or by a banking trade associa- tion or its subsidiary in conjunction with one or more sav- ings banks, and in which savings bank depositors are offered a chance to win designated prizes.
Savings promotion. - means a contest or promotion sponsored by a banking porganization in which a chance of winning designated prizes is obtained by the deposit of specified amount of money in a saving account, share account, share certificate, or other savings products or program;