TERMS AND CONDITIONS OF REFER-A-LOAN PROGRAM: The referring member will receive a max payout of $100 per person referred. There is no limit on referrals. The referral reward will be deposited in their savings account within 10 days of the loan closing. The person referred must be 18 years or older and never had a loan with MCCU. To qualify for the referral reward, an auto loan must be funded at MCCU for no less than $7,500. The value of the referral reward will be reported to the IRS. The recipient is responsible for any federal, state, or local taxes on the amount. Offer is only valid on new/used auto/vehicle loans; does not apply to toy loans, home equity loans, personal loans, home improvement loans or mortgages. This offer cannot be combined with any other offer. Employees, Board of Directors and Business accounts are not eligible for this program. In the event more than one original member refers the same person(s), the qualifying reward will be paid to whoever referred them first. Referring member’s account must be in good standing in order to receive referral reward. Members Community Credit Union reserves the right to discontinue or change the program at any time without notice and may disqualify any referrals in circumstances where MCCU reasonably believes the referrals were not sent in good faith. *Referred Member makes no payments for 3 months from the loan funding date. Interest will accrue during deferral period. Subject to credit approval. All loans are subject to approval based on credit union lending guidelines. Membership required to obtain MCCU products: $5 minimum deposit.