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Refer-A-Friend Contest Frequently Asked Questions

First Alliance Credit Union

First Alliance Credit Union About The Author

Aug 2, 2019 5:08:36 PM

Below you will find answers to some frequently asked question about our new Refer-A-Friend contest. But first, THANK YOU for being a member at First Alliance Credit Union. We greatly value your membership with us and look forward to providing top-notch products and services to your friends and family.

First Alliance Credit Union Refer-A-Friend FAQs

young woman referring her friend to first alliance credit union

Q1: What are the official dates of the Refer-A-Friend contest?

A1: The contest officially begins on August 1st, 2019 and officially ends on December 31st, 2019.

Q2: Can I win more than one prize drawing in the year?

A2: Yes, you can win more than once. There is not a limit to the number of times you can win. Winning one prize does not exclude you from winning in the following months or the annual prizes. The more members you refer the more chance you will have to win. Don't keep us a secret!

Q3: What if I refer more than 10 members, how many entries will I gain into the prize drawings?

A3: If you successfully refer more than 10 new members to First Alliance Credit Union you will receive ONE (1) additional prize entry for each member over the first 10. For example, if you refer 11 members your total prize entries would be 21, if you refer 12 new members your total prize entries would be 22, etc.

The complete prize entry schedule is listed below:

Number of New Member Referrals
Total Number of Prize Drawing Entries
1 New Member
1 Prize Entry Earned
2 New Members
2 Prize Entries Earned
3 New Members
6 Prize Entries Earned
4 New Members
7 Prize Entries Earned
5 New Members
10 Prize Entries Earned
6 New Members
11 Prize Entries Earned
7 New Members
12 Prize Entries Earned
8 New Members
13 Prize Entries Earned
9 New Members
14 Prize Entries Earned
10 New Members
20 Prize Entries Earned
10 + New Members
+ 1 per additional referral

Q4: Does my prize entry count reset each month?

A4: Yes, for the monthly $100 prize drawing only. Your referrals for one month are counted towards your entries for month the new account was opened in only. However, your total cumulative referrals for the year will be used to for the annual $500 and $1,000 prize drawings.

For example, if you referred three (3) members in August you would receive 6 entries for the August monthly prize drawing. If you then referred three (3) more members in October, you would receive 6 entries for the October monthly prize drawing. Then, let’s say you referred four (4) new members in December, you would receive your seven (7) prize entries for the December monthly prize drawing. For the entire year you would have referred 10 new members, meaning you earned twenty (20) entries into the $1,000 annual prize drawing, and you're likely a contender for the $500 top referrer prize too!

Q4: How do I know how many entries I have earned?

A4: If you want to know your total official entry count please call us using our toll free phone number 800-866-8199 or email us at hello@firstalliancecu.com.

Please note: We will only be able to provide you with a total entry count; for privacy purposes we cannot provide the names or any other other personal information of those who you have referred that have opened accounts.

Q5: When will the contest prize winners be announced?

A5: The winner of the contest prizes will be contacted using the phone number we have on file at the credit union by the 28th of the following month, but usually much sooner! Now, would be a great time to make sure your phone number on file is accurate, please call us to verify your contact information.

Below is the complete prize drawing schedule:

Prize Amount Category
Winner Announced By Date
$100 - August 2019 - 1 Winner
September 28th, 2019
$100 - September 2019 - 1 Winner
October 28th, 2019
$100 - October 2019 - 1 Winner
November 28th, 2019
$100 - November 2019 - 1 Winner
December 28th, 2019
$100 - December 2019 - 1 Winner
January 28th, 2020
$500 - Highest Total Referrals 2019 - 1 Winner
January 28th, 2020
$1,000 - Grand Prize Annual 2019 - 1 Winner
January 28th, 2020
Total: $2,000 in Prize Money
Total: 7 Winners

Q6: If I win how will I receive my prize?

A6: If you are one of the lucky winners we will deposit your prize money directly into your 01 Share Savings account at First Alliance Credit Union after you have been contacted.

Q7: Do I need to make sure the person I am referring is qualified to open an account at First Alliance?

A7: Nope, we will determine the individual’s eligibility according to our regular policies and procedures once they submit their credit union account application. The friends you refer can apply for membership online or schedule an appointment at the branch to begin the application process.

Q8: How will you know I referred someone new to the credit union?

A8: We ask every new member “How did you hear about us?” during the new membership account opening process. In order for us to know you were the person who referred them, your friend will need to name you specifically at account opening. 

Q9: What resources are available to help me refer my friends to First Alliance Credit Union?

A9: On the official Refer-A-Friend contest page on our website we have provided several social sharing buttons and an email sharing button you can use to help refer your friends to First Alliance Credit Union. Other great resources you can share with your friends are available on our website and blog, such as:

Helpful Web Pages
Helpful Blog Posts
Member Stories 4 Myths About Credit Unions Busted
Deposits Rates Differences Between Banks and Credit Unions
Loan Rates What a Credit Union Can Do For You in Your 20's and 30's
About Us What a Credit Union Can Do For You in Your 40's and 50's
How to Switch Banks Switching Bank Accounts Isn't As Bad As You Think

You can also download a copy of our membership flyer to share with your friends, or feel free to stop into one of our conveniently located branches to pick up some brochures!

Q10: I’m a new account holder at the credit union; can I participate in the contest?

A10: Yes, you can start referring your friends and family right away! Once you are a member of the credit union with at least $5.00 in your 01 Share Savings account you are now eligible to earn entries into the contest prize drawings for each successful referral you make.

My question wasn’t answered on this page, where can I find more information about the contest?

If you still have questions about the First Alliance Credit Union Refer-A-Friend Contest please reach out to us at hello@firstalliancecu.com or 507-288-0330. We are here to help!

ReferaFriend Program Video HD - Square

Click here for complete contest terms and conditions.