MEMBER LOYALTY PROGRAM
DISCLOSURES AND RULES
These Rules set forth the terms of the Member Loyalty Program ("Program"), and Century Federal Credit Union has no
obligation with respect to the Program beyond those described in these rules. Participation in the Program is subject to
the terms and conditions, rules, regulations, policies and procedures ("Program Rules") Century Federal may, at its
discretion, adopt from time to time. Century Federal may amend the Program Rules at any time without notice. Century
Federal has the sole discretion to interpret and apply the Program Rules. Century Federal reserves the right to cancel,
modify, restrict, or terminate the Program, or any aspects or features of the Program at any time without prior notice.
Eligibility Requirements
Century Federal members in good standing are eligible to participate in the Program and will be automatically enrolled.
Members must maintain the required combined loan/deposit balance for each tier level for continued participation in
the program. If the combined loan/loan balances drop below a stated tier level, fees for the tier level services stated will
be charged and not waived. Existing members who have caused Century Federal a loss are not eligible to participate in
the Program. Participation in the Member Loyalty Program may be suspended at Century Federal’s sole discretion.
Participation in the Program will be revoked if a member causes Century Federal a loss.
Participation in the Member Loyalty Program
Eligible Century Federal members are able to participate in the MLP by using eligible Century Federal loan and deposit
products. Fees for the Century Federal tier level services stated, according to PLUS or PREMIER TIER level, are waived for
the member. Eligible deposit products include share draft, share savings accounts, Christmas club accounts, special
savings accounts, CDs and IRA accounts. Eligible loan products include mortgage loans, home equity line of credit
(HELOC) loans, signature loans, auto loans, tuition loans, or Century Federal VISA® credit card accounts that are in good
standing.
Terms and Conditions
Participation in the Program is restricted to Century Federal members in good standing and is subject to the terms and
conditions, program rules, regulations, policies and procedures Century Federal may, in its discretion, adopt from time
to time. Century Federal may amend the Program Rules at any time without notice.
Participation in the Program will be terminated if the member voluntarily closes or requests Century Federal to close
their membership account. Participation in the program will be terminated if a member causes Century Federal a loss. If
an account is closed by Century Federal in accordance with Century Federal Bylaws, the Dormant Account, Escheat,
Unclaimed Funds, Member Loss or other Policy, participation the Program will terminate. Trust and Estate accounts and
Representative Payee Accounts are not eligible to participate in the program. Century Federal reserves the right to alter,
change, or terminate any member's participation in the Program, at any time, for any reason without prior notice.
Questions as to what constitutes as deposit or loan eligible for the Program, as well as any exceptions, are at the sole
discretion of Century Federal. A member’s ability to participate in the Program will be suspended if a member becomes
sixty (60) days delinquent on any loan, line of credit or credit card account. Any abuse of the Program, failure to follow
Program Rules or any misrepresentation by a Century Federal member will make the member ineligible to participate in
the Program.
Respecting member privacy is a priority for Century Federal. However, in order to keep participants apprised of Member
Loyalty Bonus Program details it is important that we send certain Program information that may be included on or with
periodic statements, including information necessary for administration of the Program; printed or e-mail marketing
materials which will inform participants of the Program. Participants in the Program consent to receive all of the kinds of
information described above. The Member Loyalty Program rules, terms and conditions shall be governed by and
construed in accordance with the laws of the State of Ohio.
About Century Federal Credit Union
Century Federal Credit Union is a not-for-profit financial cooperative existing to serve its members, not to make a profit.
Credit unions, like Century Federal, are less likely to charge service fees than bank that are for-profit institutions. When
and if we charge, the fees tend to be lower than banks. We do not issue stock or pay earnings dividends to outside
stockholders like other financial institutions. Instead, earnings are returned to members in the form of lower loan rates,
higher interest on deposits and lower fees.
Century Federal Credit Union is a Select Employee Group (“SEG”) credit union where an employer group signs up to offer
their employees and family members of employee’s membership to our services.
To be eligible for the Member Loyalty Program, you must be a member*, in good standing**, of Century Federal Credit
Union.
*“Member”: person belonging to Century Federal credit union. To join, you must be eligible and have a minimum $5 initial deposit.
All full and part-time employees as well as organization volunteers of SEGs are eligible. Membership is also extended to individuals
who are members of an “immediate family or household” of a credit union member. “Immediate family” is grandparents, parents,
spouses, siblings, children or grandchildren. It also includes adopted children, stepparents, stepchildren and stepsiblings. “Household
members” include persons living in the same residence and who maintain a single economic unit. This includes any person who is a
permanent member of and participates in the maintenance of the household, including family members, domestic partners, foster
children and legal guardian relationships.
**“Member in Good Standing”: A requirement of ongoing participation in the Member Loyalty program is that the member remain
in “good standing”. A member is considered to be in “good standing” by maintaining the combined loan/deposit balance for each
tier level and current on all loans with Century Federal. If the combined loan/loan balances drop below a stated tier level, fees for
the tier level services listed will be charged and not waived.