There is a monthly drawing for $200 and an annual drawing for $2,500!
MONTHLY DRAWINGS: One (1) entry for every $25 balance increase as of the last business day of each calendar month. Drawing limited to one (1) monthly winner of $200 (funds can be deposited into CD or taken as customer wishes). (Account opening deposit counts as 1 entry). Each $25 increment added to the CD is another entry, limit of 8 entries ($200) through the last business day of each calendar month. Drawing to take place within the first 5 business days after the end of each calendar month.
ANNUAL DRAWING: One (1) Annual winner of $2,500 (funds can be deposited into CD or taken as customer wishes). To earn 1 entry, $25 must be added to the CD in 1 month, each additional month that a deposit of at least $25 was made, another entry is earned – limit of 12 entries for the year. (Account opening deposit counts as 1 month). Annual drawing to take place each December, following the last business day of the month.
To open this account a $25.00 minimum deposit is required with “New money only” (funds not on deposit with Community Bank). Additional deposits are accepted to this account; minimum amount for additional deposits is $25.00. A minimum daily balance of $25.00 is required in the account each day to obtain prize and disclosed Annual Percentage Yield.
Account is only open to residents in Oregon, Washington and Idaho. Must be opened at a Community Bank branch location in Oregon or Washington. Open to consumers only. Community Bank employees (excluding Executive Bank Officers, Directors, and the Marketing Manager) are eligible to participate. If a Community Bank employee is drawn a winner in any given prize drawing, a secondary drawing will be conducted to guarantee a non-affiliated winner in every drawing.
Limit one (1) Win-Win CD per primary Tax ID Number. Must be at least 18 years of age to open. Account must be open at time of drawing to be eligible. Winners are responsible for the payment of all taxes on prizes. Where required by law, form 1099 will be filed with the IRS to reflect prize winnings over $600 issued to winner for the calendar year.