Savvi CU Prize Draw Terms & Conditions

Participation in the draw is limited to eligible members of Savvi Credit Union Ltd. (hereafter called “the Credit Union”) who are 18 years of age on or before the draw date. Directors, Board Oversight Committee members and Staff of the Credit Union will not be eligible for participation.
Member’s authorisation for inclusion in the draw must be completed prior to participation and no entry is valid unless the full subscription is paid in advance. The subscription fee is currently €52.00 per year per member. The fee may change and members will be notified in advance should this happen.
A separate prize draw account will be opened for each participating member into which subscriptions will be deposited and withdrawn solely for the prize draw.
It is the member’s sole responsibility to ensure that sufficient funds are in place at the relevant time to enable their entry to be included in the draw. The Credit Union has no obligation to notify members with insufficient funds in their account at the time of renewal.
Members withdrawing shares to amounts below €10 will be excluded from the draw until such times as their balance is €10 or more
To unsubscribe from the draw the Credit Union must be notified in writing or by e-mail from an email address which the Credit Union has on file for the relevant account.
Entry will be limited to ONE entry per member account. In the case of entries in respect of joint accounts, the joint names will be entered in the draw and if successful cash will be awarded in the joint names of the account holders.
The number of draws held in the year will be dependent on the level of member participation and as approved by the Board of Directors.
All draws will be carried out at an office of the Credit Union or at such other place as the Board of Directors may decide and witnessed by an impartial observer.
The Credit Union will endeavour to notify winning members personally. As a condition of entry in the draw, all prize winners will be required to participate in publicity events on behalf of the Credit Union (without further reward) through various multi-media channels, including via the Credit Union’s social media pages.
A register of entrants will be maintained by the Credit Union.
The prize draw fund account will be audited by the Credit Union’s auditor and will be included in the Annual Report.
The draw will be non-profit making, with any surplus funds allocated to extra prizes and/or draws.
In the event that a member account goes into arrears or default prior to a subscription renewal date, the Credit Union reserves the right to remove the member from the draw from the renewal date.
In the event that the winning member is in arrears or in default carrying out any financial commitment or obligation to the Credit Union, the Board of Directors may make a decision to withhold delivery of the prize to the member, until the arrears have been paid or the default has been rectified. Such decision of the Board of Directors will be notified in writing to such member and if within seven days of being notified, the member has failed to comply with the requirements of the Board of Directors in relation to such arrears or default, the Credit Union shall be entitled to pay over to the winning member the prize less the deduction for any such arrears or payment of any money required to remedy any default. Any decision on this matter is at the discretion of the Board of Directors and their decision shall be final. Notice of such decision can be made by delivering same to the member personally or by posting same to the member by registered post in which case the date of receipt will be deemed to be the two working days after the date of posting.
The decision of the Board of Directors of the Credit Union concerning the prize draw or any matter arising from any aspect of the draw shall be final and not subject to appeal.
The Board of Directors of the Credit Union reserve the right to alter any of the above rules in any manner whatsoever at its sole discretion without prior notice.
Data Protection: By signing this Prize Draw Subscription & Authorisation and entering this draw, you acknowledge that the Personal Data (as defined in the General Data Protection Regulation (“Data Protection Law”) in relation to you will be Processed by the Credit Union for the purposes of operating the draw and contacting you if you win.