A.C.C.O.R.D., unincorporated Arapahoe County

ACCORD Membership Incentive

Apr 11, 1998

February 24, 1997

TO: ACCORD Membership

FROM: Metrum Community Credit Union (MCCU), Diana Rybak, 770-4468

RE: Marketing Incentive Program Proposal between Metrum Community Credit Union and ACCORD

The following proposal is intended to provide an incentive to the homeowner associations in unincorporated Arapahoe County to become members of ACCORD, and in turn for the homeowners of ACCORD member associations to join MCCU. It is recognized that obtaining new HOAs as members of ACCORD as well as retaining current ACCORD membership levels is highly desirable. It is also acknowledged that providing access to credit union services, specifically those of MCCU, to as many people as possible is highly beneficial. Thus, offering credit union access as part of the benefit package of ACCORD would seem to be a mutually beneficial endeavor for both parties to this agreement. In that spirit, MCCU would agree to provide the following to eligible* persons who join the credit union through their affiliation with ACCORD.
1. Free checks for the first year of the new account
a) either 1 box of Liberty Image style checks (150 duplicate checks with deposit slips) with each order received during the first year up to 6 boxes, or
b) 1 box of any personal style check (excluding desk set, business, or computer checks) every three months of the first year, up to 4 boxes
Approximate value = $ 65

2. Free safe deposit box for the first year: 3?” x 5?” as available Approximate value = $ 15

3. 1% APR reduction of current interest rate on a loan refinanced from another financial institution
a) floor rate of 7.5 % APR
b) mortgage, overdraft protection, credit card loans excluded
c) with approved credit
(based on $ 10,000 loan amount over 36 months) Approximate value = $165

4. 0.50% bonus rate in addition to quoted CD rate for any CD opened in the first year: credit unio