Join the Lottery
Lottery Rules
- The lottery is a private prize draw and is only open to current members of The Co-op Credit Union.
- The lottery will be drawn on the 2nd Tuesday of every month.
- Members may attend the draw by prior arrangement with the Lottery Committee.
- Tickets will cost £1.00 each, which is the minimum purchase.
- Prizes will be decided by the Lottery Committee. Prize money will be a minimum of half the total revenue from tickets. The balance after costs have been deducted will be donated to The Co-operative Credit Union to be used for the benefit of members.
- The winners will be advised in writing and the winners’ names will be displayed in the Credit Union Office.
- Prizes will only be paid if winning ticket holders have paid in the full cost of their tickets.
- A member of the Lottery Committee and a member of the Supervisory Committee, the membership’s own “watchdog” committee, will be present at every draw.
- Winning monies will be immediately deposited into the member’s share account.
- The member’s saving account must be in credit to be eligible to purchase tickets.
- Any member with a loan account that is in arrears will automatically be suspended from participating in the lottery.
- Once an application has been received from a member then they will be included in all subsequent lottery draws, providing Rules 10 & 11 are satisfied, until the member cancels their lottery application in writing.
- Lottery revenue will be administered by the Lottery Committee on behalf of the members and will be accounted for separately from all other Credit Union revenue.
- The Lottery Committee will be elected from the members at the Annual General Meeting of the Co-operative Credit Union.
- Any queries or complaints should be addressed to the Lottery Committee, c/o The Co-op Credit Union, 1 Angel Square, Manchester, M60 0AG.
- The Lottery Committee’s decision on all matters shall be considered final.