Activate Your PSFCU Account Drawing Official Rules

Activate Your PSFCU Account Drawing Official Rules

NO PURCHASE NECESSARY. A PURCHASE OR PAYMENT OF ANY KIND WILL NOT IMPROVE YOUR CHANCES OF WINNING.

Sponsor: Polish & Slavic Federal Credit Union, 100 McGuinness Blvd., Brooklyn, NY 11222.

Promotional Period:  Begins on November 22, 2023 and ends on December 22, 2023.  

Eligibility: PSFCU accountholders with inactive accounts, who received “Activate Your PSFCU Account” offer via email or phone  from the Polish & Slavic FCU.

PSFCU employees, volunteers and their immediate family (spouse, parents, siblings and children) and household members are not eligible to participate in the Drawing.

How to Enter: There are two ways to enter:

1.) Automatically: Activating the account performed by the account holder in person at the PSFCU branch  or by receipt of a signed “Confirmation of Account Existence” form within a period from 11/22/2023-12/22/2023 (postmark date is decisive, if form is mailed).

2.) Entry Form: Other persons with inactive PSFCU account may also enter the drawing by filling out an entry form “Activate Your Account” available at every PSFCU branch.  The completed form must be received by the branch within the promotional period.  Duplicate, multiple or illegible entries will be disallowed. Entry forms from members entering the drawing automatically will be disallowed. Void where prohibited.

There is a limit of one entry per individual.

Prizes:  One (1) prizes  in the amount of $1,000.

Winner Selection: Winner will be randomly selected from among all eligible entries submitted during the Promotional Period.

No transfer or substitution of prizes by Prize Winner is permitted.

Drawing Procedure:  1.) All eligible entries will be compiled in an Excel spreadsheet, arranged by surname in alphabetical order, with an assigned unique identifying ordinal number matched to the name of each entrant.

2.) A copy of the list of participants will be provided to the Auditor for further verification of the drawing procedure. The list of entrants will be verified for eligibility prior to entering the drawing.

3.) The drawing will be carried out by generating random integer numbers within a range beginning with 1 and ending with the ordinal number for the last entry. Random numbers will be generated using a random number generator on the random.org Internet portal. For the purpose of the drawing, only a range of numbers and the amount of numbers to be generated will be entered into the portal. NO CONFIDENTIAL MEMBER INFORMATION WILL BE RELEASED TO THE PUBLIC DOMAIN DURING THE DRAWING PROCEDURE.

4.) The prize winner will be drawn – One (1) random number, followed by two (2) numbers for alternate winners should the original winner  be unreachable or found ineligible.

5.) Drawing will be conducted after January 2, 2024.

6.) Generated random numbers will be printed in two sets, providing one set of prints to the Auditor for review purposes.

7.) Generated numbers will be matched to the names in Excel spreadsheets and a winner and alternative winners will be compiled. The list will be double-checked for eligibility and then forwarded to the Auditor for verification. The Auditor will check the winners list against his drawing printouts and the Excel sheets provided to him/her prior to the drawing.

8.) Once the winner is verified by the Auditor, he/she  will be notified by phone and mail.

Taxes: All federal, state, and local taxes, if any, are the sole responsibility of the Prize Winner. Prize is a subject  to the IRS 1099MISC reporting.

Restrictions: Employees, officers, and volunteers of the Polish & Slavic FCU and its affiliates, and their immediate family members and persons residing in the same household, are excluded from participating in the Sweepstakes, drawings, or prizes and are not eligible to enter or win. This drawing is subject to all applicable federal, state, and local regulations. Offer is void where prohibited by law.

Additional Provisions:  By participating in the drawing, participants agree to release, discharge, and hold Polish & Slavic Federal Credit Union harmless from any liability, claims, losses, or damages arising out of or relating to their participation in the drawing or the acceptance, use, misuse, or possession of any prize received in this drawing.

By entering you agree to release and hold harmless Polish & Slavic Federal Credit Union and its subsidiaries, affiliates, advertising and promotion agencies, partners, representatives, agents, successors, assigns, employees, officers and directors from any liability, illness, injury, death, loss, litigation, claim or damage that may occur, directly or indirectly, whether caused by negligence or not, from (i) such entrant's participation in the DRAWING and/or his/her acceptance, possession, use, or misuse of any prize or any portion thereof, (ii) technical failures of any kind, including but not limited to the malfunctioning of any computer, cable, network, hardware or software, (iii) unauthorized human intervention in any part of the entry process; (iv) electronic or human error which may occur in the administration of the Promotion or the processing of entries.. PSFCU is responsible solely for providing the prizes to the Winners.

ARBITRATION/CHOICE OF LAW: Drawing/Sweepstakes shall be governed by the laws of the State of New York. Any and all legal actions or claims arising in connection with this drawing/sweepstakes must be brought in a court of competent jurisdiction within the United States. By participating in this sweepstakes, each entrant accepts the conditions stated in these Official Rules, agrees to be bound by the decisions of the judges and warrants that he/she is eligible to participate in this drawing/sweepstakes.

WINNER LIST: For a complete list of winners, send a self-addressed, stamped envelope for receipt by January 31, 2024 to: Polish and Slavic Federal Credit Union, Activate Your PSFCU Account, c/o Marketing Department, 9 Law Drive, Fairfield, NJ 07004.

NO PURCHASE NECESSARY. A PURCHASE OR PAYMENT OF ANY KIND WILL NOT IMPROVE YOUR CHANCES OF WINNING.