U-Win Savings Promotion Raffle

OFFICIAL ACCOUNT AND PRIZE ENTRY RULES


How to Enter: The U-Win Savings Promotion Raffle ("Raffle") begins on January 1st   and ends December 31st ("Raffle Period").

Automatic Entries: An eligible member of Langley FCU automatically receives Raffle entries based upon the following:

Monthly Prize Drawings: The member will receive one (1) entry for every $25 increase in the monthly balance in the U-Win Account at month's end, with a maximum of ten (10) entries per month per member.

Annual Prize Drawing: The member will receive one (1) entry for every $25 increase in the balance in U-Win Account at year end, limited to a total of 10 entries during the Raffle Period for the Annual Prize Drawings.

Automatic Entries are recorded once the balance is calculated at month-end processing. Qualifying deposits/balances must be received and posted by midnight Eastern Time on the last day of each month. Automatic entries are only eligible to win during the drawing period covered.

Except for making deposits as described, no other action, and no other purchase or other consideration, is necessary for an entry into the prize drawing.

U-Win Savings Account: A member is limited to one (1) U-Win account. The U-Win account is limited to personal accounts where the primary account holder is at least 18 years of age. Corporations, limited liability companies, partnerships, associations, sole proprietorships, non-qualifying accounts are not eligible to open the U-Win account. Also, Officials of the credit union are not eligible. A non-qualifying account is the account of a primary member who has caused a loss to the credit union.

Prize Eligibility: In order to participate in the raffle and be eligible to win prizes, all participants must be 18 years of age, and a member with a regular share account, the account which qualifies the individual for membership in the credit union. To win a prize in a drawing, a participant's U-Win Account must be open and active through the drawing period. A participating member is limited to winning one Prize per month and one Annual Prize per year. If the qualifying U-Win Account is owned by more than one member, only the member under whose taxpayer identification number earnings on the account would be reported to the Internal Revenue Service, should such reporting be required, is entitled to win a Prize.  If a member with a qualifying U-Win Account is ineligible for the Raffle, such member will continue to be the account holder but deposits to the account will not constitute qualifying Raffle entries.

Prizes: All Prizes are cash prizes and will be automatically deposited into the winner's regular share account. All winners will be selected from among all participants in the Raffle Drawings. The U-Win Account Drawings will be conducted within ten (10) days of the conclusion of the previous month and the Annual Prize Drawings will be conducted within ten (10) days of the conclusion of the fourth quarter, during which valid entries will be determined. Winners will be notified via telephone, email, or standard U.S.P.S. mail. Prizes are non-transferrable. Prize winnings will be reported as income on the appropriate IRS 1099 form. A complete list of U-Win Prizes, as applicable from time to time, will be listed on the www.langleyfcu.org website.

LANGLEY FEDERAL CREDIT UNION PRIZE DRAWINGS: Credit Union Drawings totaling $2,500 dollars each month and $5,000 each year will be awarded to winning members as follows:

EACH MONTH TEN (10) WINNING ENTRIES WILL BE RANDOMLY SELECTED TO RECEIVE A $250.00 CASH PRIZE

EACH CALENDAR YEAR FIVE (5) WINNING ENTRIES WILL BE RANDOMLY SELECTED TO RECEIVE A $1,000.00 CASH PRIZE

Odds: Actual odds of winning are based upon the number of eligible entries received. Each eligible entry shall have a chance of winning Prizes that are equal to that of all other entries in the Raffle. Except for making deposits as described, taking any other action, or purchasing any goods or services will not increase the odds of winning. The chances of winning are reduced when funds are withdrawn by the member.

Decisions: By entering into the Raffle, entrants agree to abide by and be bound by these Official Rules and to accept the decisions of Langley FCU as final. Entrants also agree to hold the credit union, its officers, directors, employees, members, representatives, and agents harmless from any liability arising from participation or the acceptance of a prize. The Credit Union and each of its officers, directors, employees, members, representatives, and agents are not responsible for any negligence, claims, liability, injury, property loss, or other damages of entrants and/or winners arising from, or in connection with, acceptance of prizes awarded or participation in this Raffle. Langley FCU reserves the right to disqualify entrants who fail to follow these Official Rules or who make any misrepresentations relative to the Raffle and prize redemption.

Publicity: Each winner agrees to permit Langley FCU to use his/her name and likeness in promotional and other materials, without additional compensation or permission, except where prohibited by law. Each winner also agrees that his/her name and prize amount will be given to other entrants upon request.

Governing Law: All issues and questions concerning the validity, interpretation, and enforceability of these Official Rules, or the rights and obligations of entrant and Langley FCU in connection with the Raffle, shall be governed by, and construed by, laws of the Commonwealth of Virginia, without regard to its choice of law principles. This raffle is void where and to the extent prohibited by law.

Taxes: Winner is solely responsible for all applicable federal, state and local taxes and any expenses associated with the prize, unless otherwise indicated.

Miscellaneous: Langley FCU may amend the rules or discontinue the Raffle at any time. Langley FCU disclaims any responsibility to notify entrants of any aspect related to the conduct of the Raffle. Written copies of these rules are available during normal business hours at any Langley Federal Credit Union location. Copies of the Official Rules are available at: www.langleyfcu.org. In the event of any conflict between the rules posted on the  www.langleyfcu.org website and any other version of the rules, the version posted on the website will be considered the definitive and controlling version.