Give The Gift Of Membership

Referral Program: Both the Referring Member and “Referred Member” will receive a referral bonus up to $150 subject to the following:

Referring Member must be at least 18 years of age, a current active member in good standing and not have caused a loss to the Credit Union, provide the name and contact information of a prospect within our Field of Membership, and the referral results in a new qualified membership. The “Referred Member” must remain a member for at least 60 days before bonus is paid.

$50 Checking and Direct Deposit Bonus: Eligible “Referred Member” must open a Checking account within 10 days of joining the Credit Union, and posted an ACH Direct Deposit amounting to a minimum of $1,000 per calendar month into the Checking account no later than 45 days after joining the Credit Union. The ACH Direct Deposit must occur for 2 (two) consecutive months before bonus is paid. Bonus will be paid by the 20th day of the following month. Both the Referred Member and “Referring Member” must have an active primary savings account at the time of the bonus payout; bonus will be posted to the primary savings account.

$50 Savings/Deposit Bonus: Both the Referring Member and “Referred Member” will receive a maximum for one additional $50 bonus subject to the following: Eligible “Referred Member” must open a qualified savings/deposit account with a minimum deposit of $10,000 (ten thousand dollars) in new money to the Credit Union within 10 days of joining the Credit Union. At least $10,000 must stay in the deposit account for 2 (two) consecutive months before bonus is paid. Bonus will be paid by the 20th day of the following month. Both the Referred Member and “Referring Member” must have an active primary savings account at the time of the bonus payout; bonus will be posted to the primary savings account. 

$50 Signature Loan Bonus: Eligible “New Member” must open a qualified Signature Loan or Line of Credit (LOC) account with a minimum loan balance of $10,000 (ten thousand dollars) within 10 days of joining the Credit Union. LOC must draw/advance line within the first 60 days of account opening. Bonus will be paid by the 20th day of the following month. The “New Member” must have an active primary savings account at the time of the bonus payout; bonus will be posted to the primary savings account.

There is no limit on the number of referrals a Referring Member can make. Only the initial referring party is eligible for bonus, employees, officials and their immediate family members are not eligible for bonus. Referral Program will be effective July 1, 2024 until further notice, and is subject to change at any time.

“Bonus” is considered interest and will be reported to the IRS.
 

Farmers Insurance Federal Credit Union (Sponsor)
"The Gift of Membership Sweepstake 2024” Promotion Official Rules

NO PURCHASE NECESSARY TO ENTER OR WIN. ENTRY IN THIS CONTEST DRAWING CONSTITUTES YOUR ACCEPTANCE OF THESE OFFICIAL RULES.    

• Earn 1 Entry: Member submits a referral lead using the Referral Webpage form (https://figfcu.org/referrals) 
• Earn 4 additional Entries: Member’s referral becomes a new FIGFCU Member by December 31, 2024
• Referred Member must note the name of the Referring Member at signup
• No limit to the number of entries allowed per Member

Winners: 5 Members will receive $500 into their Membership Savings Account.        

Sweepstakes details: Time period: October 01, 2024 - December 31, 2024. Payout to occur by January 31, 2025 

1. Eligibility: To be eligible to enter, you must: (a) be a legal resident of one of the United States, (b) be (18) years or older at the time of entry. Void in Puerto Rico, U.S. territories, U.S. military installations located in foreign countries, and where prohibited by law. Employees and representatives of Farmers Insurance Federal Credit Union (FIGFCU), subsidiaries, advertising and promotional agencies, any prize provider, and any entity involved in the development, production, implementation, fulfillment or administration of the "The Gift of Membership Promotion Sweepstakes 2024" and their immediate family members and persons living in the same household, are not eligible to participate or win. Sponsor reserves the right to verify eligibility at any time. Must be a current active member in good standing and not have caused a loss to the Credit Union, provide the name and contact information of a prospect of as detailed. If the referral results in a new qualified membership additional entries will be awarded. There is no limit on the number of referrals a member can make. The “Referred Member” must remain a member for 30 days. Should there be additional members referring the same prospective member, only the initial referring party is eligible for entry. Both Referring and Referred members are still eligible to receive a Referral Bonus if the qualifying activities are completed.

2. How to Enter: Participation in the Gift of Membership Promotion Sweepstakes takes place between October 01, 2024 - December 31, 2024. Refer a member as described above, chance to win one of five $500 prizes. No purchase necessary, one entry per person, entries may also be made by mailing in a 3 X 5 card with hand written name, address, and phone number, placed in a sealed envelope addressed to FIGFCU, Attn: Gift of Membership Promotion Sweepstakes 2024, 2255 North Ontario Street, Ste. 320, Burbank, CA 91504. FIGFCU is not responsible for late, lost, stolen, misdirected, mutilated or postage due mail. Illegible/incomplete or machine generated entries will be disqualified.

Only one mail-in entry per person: All entries become the property of Sponsor, and none will be acknowledged or returned.

3. Conduct: By entering the Sweepstakes, entrants agree to comply with and be bound by these Official Rules. Failure to comply with these Official Rules may result in disqualification from the Drawing. Entrants further agree to comply with and be bound by decisions of Sponsor which shall be final in all respects. Sponsor reserves the right at its sole discretion to disqualify any individual it finds to be violating the terms of service, conditions of use and/or general rules or guidelines of any Sponsor property or service.

4. Prize: FIGFCU will award five (5) $500 awards, winning proceeds will be deposited into member's account by January 31, 2025. No substitutions or redemptions will be made. Expenses not specifically stated above, together with the reporting and payment of all applicable taxes, fees, and/or surcharges, if any, arising out of, or resulting from, acceptance or use of a prize, are the sole responsibility of the winner. Restrictions, conditions, and limitations apply. Sponsor will not replace any lost or stolen prize items. Sponsor will directly deposit the Sweepstakes Prize to winners FIGFCU Membership Savings account. “Bonus” is considered interest and will be reported to the IRS. Taxes due on deposits made are the sole responsibility of the recipient. FIGFCU will report all deposits to the appropriate state and federal agencies as required by applicable law. This offer is not good with any other FIGFCU promotional offers. This Credit Union is federally-insured by the National Credit Union Administration. Offer subject to change. FIGFCU is an equal opportunity lender.

5. Winner Selection and Notification: Odds of winning will be determined by the total number of eligible entries received/submitted. Prize winners may be required to sign and return an Affidavit of Eligibility. 

6. Winners List: The names of the prize winner may be obtained after February 15, 2025 by sending a self-addressed stamped envelope to: Gift of Membership Promotion Sweepstakes 2024 Winner. 2255 North Ontario Street, Ste. 320, Burbank, CA 91504.

Sponsor: Farmers Insurance Federal Credit Union, 2255 North Ontario Street, Ste. 320, Burbank, CA 91504, phone number: 800.877.2345 is the operator of this Contest and is solely responsible for the fulfillment of all prizes.