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Millionaires Emerge in Union Bank ‘Save and Win’ Promo

By Lucky Fiakpa
With two millionaires already announced in the bank’s saving bonanza, all eyes are now on who will emerge winners of the Prado Jeeps and the landed properties in Lagos and Abuja, Lucky Fiakpa writes

Given some of the prizes on display in the Union Bank saving bonanza makes it look like a game of deceit. Houses, Toyota Land Cruiser (Prado SUVs), Toyota Corolla Cars, Motorcycles, Cash gifts (N25m) and over one million other prizes including – Handsets, T/Shirts, Calculators, mugs, etc. are on parade. Can this be real?

Indeed, this has become a common question on the lips of those that have won some of the juicy prizes so far.
To Mrs. R. S. Vilo, who saves with the Lafia, Nassarawa State branch of the bank, it sounded like some expensive joke when she was told that she had won N1 million in the draws. That was indeed the very first draw of the raffle and she was the first winner of the N1 million prize.

Mr. Badamosi A. Najeem, who saves with the Bank Street branch in Jos, Plateau State also won N1 million while 97 others won in the N500,000; N250,000; N100,000; N50,000; N25,000; and N10,000 cash prize categories.
The first draw conducted in Lagos recently, had His Royal Majesty, Oba Babatunde Rilwan Akiolu, Osualale I, the Oba of Lagos, as the Special Guest of Honour at the event and he also picked the first millionaire winner of the promo. Mrs. Rachael Adepitan, wife of the Chairman, Mushin Local Government Area of Lagos State, picked the second millionaire winner.

In his address, Dr Barth Ebong, Group Managing Director/Chief Executive of Union Bank, stated that over the years the Bank had been trying to create banking habit and to ensure that people bring their funds into the safety and reliability of the bank, “which is an institution that has found itself over the years building the productive sector of the economy”.

He stressed that the savings bonanza was to encourage customers and prospective ones alike to continue to develop banking habit and grow it. “Under the savings bonanza, we are saying that we want to enrich you more and faster by getting you to try your luck, not only that you save and earn interest on your funds”, he said.
While highlighting the other attractive prizes available to lucky customers during the promo, Dr. Ebong noted that it was a brilliant opportunity for customers to take advantage of the legacy of Union Bank and urged them to remain steadfast with the bank as they could never regret their relationship with it.

The Director of Surveillance and Enforcement, Consumer Protection Council, Mr. Emmanuel Amlai, who represented the Director-General of the Council and witnessed the raffle draw, commended the bank for its transparency and noted that customers were being rewarded for their faithfulness, loyalty and contributions to the growth of the bank.
The Promo is open to old, new and reactivated accounts and it is also meant for both existing and prospective customers. There are over one million prizes to be won in the promo. They include Houses, Toyota Corolla Cars, Toyota Land Cruiser (Prado SUVs), Motorcycles, Cash gifts (N25m) and over one million other prizes including – Handsets, T/Shirts, Calculators, mugs, etc. Savings Promo which started on April 01 is expected to end September 30, 2009.


There are several categories of the draw and it is determined by how much a customer can save over a given period.
Lucky Dip Draw – This category is open to all customers with N10,000 minimum savings deposit monthly. Prizes to be won are handsets, calculators, T-Shirts/Caps, Mugs,etc.

Lucky Dip Grand Prize – This shall be for customers with a minimum deposit of N30,000. This means that the customer can have one ticket to draw for each N30,000 deposit he leaves with the bank for 90days from the date that the total deposit hits N30,000. There are two quarterly draws in this category and 180 Motor Cycles are to be won too.
Gold Prize Draw – This is open to individual current and savings account holders who leave N50,000 minimum multiple savings with the bank for at least 31days from date of deposit. Cash prizes ranges from N1 million, N500,000, N250,000, N100,000, N50,000, N25,000, N10,000, and N5,000.

Super Grand Prize Draw – This is open to customers that leave N100,000 multiple minimum savings with the bank for at least 90 days. Prizes available in this category include Toyota Corolla cars for the lucky customers. Individual current and savings account holders who  leave N50,000 minimum multiple savings with the bank for at least 31days from date of deposit could win N1 million, N500,000, N250,000, N100,000, N50,000, N25,000, N10,000, and N5,000.
Ultimate Stallion Draw – This is for every savings deposit account with N250,000 multiple minimum savings that must have stayed with the Bank for a minimum of 90 days. This draw will be the grand finale and prizes to be won are Toyota Land Cruiser Jeeps (Prado), one 3-Bedroom Luxury Flat in Lagos and One 3- Bedroom Bungalow in Abuja.


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