“Vacation” can look so many different ways.  It could be traveling out of the country or traveling to visit relatives. You could be flying or maybe driving.  You could even be staying home to take a break from work or get some projects done before the beautiful summer season is here.  A Summit FCU Vacation loan can help with all of that.  Use the vacation loan to pay for airline tickets, destination excursions or a trip to the local home improvement store to buy the needed materials to build a new backyard shed.  Maybe you want to use the Vacation loan to consolidate your debt and take a “Vacation” from paying all of those credit card high interest rates. You decide.  The possibilities are endless and the interest rate is much less than most credit cards available. A Vacation loan in May will also put you in a drawing to win a $100 Visa gift card*.  A total of 3 winners will receive a $100 Visa gift card to do even more on vacation. Vacation from work, saving money and the chance to win prizes!  That’s amazing!

OFFICIAL RULES

ELIGIBILITY

Those who wish to be entered in the drawing must be a legal resident of the United States, must be at least 18 years old, and must have a valid SSN or TIN. Residents of Florida, New York and Rhode Island are not eligible to enter this drawing.  Corporate staff employees of Summit Federal Credit Union, volunteers, their immediate families, retailers, affiliates, licenses, advertising and promotion agencies, wholesalers, printers and other vendors are not eligible to enter the drawing. The drawing is subject to all federal, state and local laws and regulations. Information about entrants will not be shared with third parties. Void where prohibited or restricted. 

HOW TO ENTER

No purchase is necessary to enter or to win. Purchase does not improve one’s chances of winning. To enter the drawing, your Summit FCU Vacation/Signature loan must be received and disbursed between May 1, 2025 and May 31, 2025. Participants are limited to one entry per account number. Summit Federal Credit Union is not responsible for lost, late, misdirected, incomplete or illegible entries or mail.

DRAWINGS

The winners of the $100 Visa gift cards will be randomly selected from the list of all entrants by 10:00am on June 2, 2025. The drawing will be conducted under the direction of Summit Federal Credit Union, whose decisions are final and binding in all matters relating to this drawing. Actual odds of winning depend on the total number of entries received. A total of (3) $100 Visa gift cards will be awarded at the conclusion of the drawing. All (3) gift cards will be awarded. Each winner will be awarded one $100 Visa gift card.  One gift card will be awarded per account.                           

Gift cards may not be substituted for cash under any circumstances.

The content and value of each prize is as follows:

1 qty. Visa gift card - $100 each

NOTIFICATION

All winners of the drawing will be selected in a random drawing and will be contacted via phone.   The recipients will have 48 hours to reply to claim your prize. Each gift card prize must be picked up at one of two Summit Federal Credit Union Branches (Akron Branch – 100 Wheeler Street, Akron, OH 44311, Salem Branch – 1070 E. State St., Suite C, Salem, OH 44460) by the end of business on June 30, 2025. In order to officially receive a prize, recipients must provide Summit Federal Credit Union a valid SSN or TIN for tax purposes, address and date of birth. By entering and/or accepting the prize, you are confirming that you comply with the rules of eligibility and the liability and publicity terms enumerated herein. In the event of non-compliance of these Official Rules and Regulations, or if the prize is unclaimed, the prize will be forfeited and may be awarded to an alternate winner determined by Summit Federal Credit Union.  A written request for a list of winners must be sent to Summit Federal Credit Union, 100 Wheeler Street, Akron, OH 44311 by July 1, 2025.  List of winners will be available by June 2, 2025 at the Akron Branch of Summit Federal Credit Union (100 Wheeler St., Akron, OH 44311).  Summit Federal Credit Union reserves the right to use the name of all winners and prizes won for publicity purposes. Summit Federal Credit Union requires all winners to sign an affidavit.

LIMITATION OF LIABILITY

Summit Federal Credit Union, its officers, directors, employees, attorneys and/or any other affiliated parties (collectively “Parties”) are not responsible for any damages, loss or liability with respect to the use of the prizes awarded in the drawing, or any incomplete, lost, late or damaged postal mail, or any licensing and other fees on prizes. Contestants release all Parties from any of the above-mentioned liabilities. These Official Rules and Regulations shall be interpreted by and governed in accordance with the laws of the State of Ohio. Void where prohibited, taxed or restricted. 

By participating in the drawing, participants agree to release, discharge, and hold harmless sponsor, its respective partners, affiliates, subsidiaries, advertising and promotion agencies, and other individuals engaged in the development or execution of this drawing, from any liability, claims, losses, and damages arising out of or relating to their participation in this sweepstakes or the acceptance, use, misuse, or possession of any prize received in this drawing.

Summit Federal Credit Union disclaims any affiliation between itself and any third-party trademark owners.

Participants hereby release Summit Federal Credit Union and their employees, agents, officers, directors, or other affiliated parties, from any and all liability associated with the participation in the drawing. The drawing is subject to all applicable federal, state, and local laws, rules, and regulations governing such contests, and is conducted and administered in the State of Ohio. The information you provide as a participant in the contest will only be used as stated in the “How to Enter” section.

TAX INFORMATION

All winners of this drawing are responsible for all federal, state and other tax liabilities and reporting arising from the drawing.

RIGHT TO CANCEL OR MODIFY CONTEST

Summit Federal Credit Union reserves the right to cancel or modify the drawing if fraud or technical problems questions the integrity of the drawing, as determined by Summit Federal Credit Union.

*Total of (3) $100 Visa gift cards will be awarded in a random drawing on June 2, 2025 for all Vacation loans received AND disbursed between May 1, 2025 - May 31, 2025. Total of (3) winners will be drawn. Not available for refinancing of current SFCU loans. New SFCU loans only. $2000 minimum loan amount. All loans subject to normal credit approval, terms and risk analysis. All rates subject to change without notice. Some exclusions apply. No purchase necessary. Contact SFCU staff for complete details or visit our website.