Union Bank recently celebrated the success of its UnionKorrect savings initiative by rewarding 452 account holders with over ₦21 million during a series of draws held at its Douglas Road Branch in Owerri, Imo State. The event was closely monitored and supervised by relevant regulatory bodies to ensure transparency and fairness.

In the UnionKorrect Regular category, 100 customers were awarded ₦25,000 each, 40 customers received ₦50,000 each, and one lucky customer took home the grand prize of ₦500,000. Meanwhile, in the UnionKorrect Exclusive category, 75 customers won ₦100,000 each, 10 customers were awarded ₦500,000 each, and one fortunate individual claimed the top prize of ₦1 million.

Additionally, the bank recognized 200 customers with ₦10,000 each and 24 customers with ₦20,000 each for their consistent savings in UnionKorrect DeiDei accounts. One customer in this category also won the grand prize of ₦100,000.

Adenike Olokunbola, Head of Elite Banking at Union Bank, expressed her enthusiasm about the initiative, stating, “Union Bank is delighted to support our customers in achieving their goals and aspirations through campaigns like this. Our UnionKorrect accounts provide a sustainable way for customers to work toward their future objectives while being rewarded for their commitment to saving over time.”

The UnionKorrect savings product is designed as a sub-account that enables customers to earn competitive interest rates by saving a fixed amount monthly over a two-year period. Participants who maintain consistent savings are eligible for regular draws, offering them the chance to win cash rewards as an added incentive for their financial discipline.