Sioux Empire FCU's Slam Dunk 16!
Official Rules & Conditions
The “Slam Dunk 16” Promotion offers a special rate of 1.60% APR (Annual Percentage Rate) on vehicle loans to 16 recipients, one recipient per day between March 19, 2020 and April 6, 2020, excluding Sundays. All eligible loans must be closed and disbursed during the listed time frame. Membership eligibility is required.
This promotion is open to persons who are 18 years of age or older and live, work, worship, or attend school in Lincoln, McCook, Minnehaha, and Turner Counties; and who are U.S. Citizens or U.S. resident aliens, or nonresident aliens subject to U.S. taxes. Immediate family members of those persons defined are also eligible.
Employees and current Sioux Empire Federal Credit Union volunteers are not eligible to participate in this promotion.
Terms and Conditions
If you finance a new or pre-owned vehicle or refinance a vehicle loan from another financial institution with Sioux Empire Federal Credit Union, between March 19,2020 and April 6, 2020, excluding Sundays, you have the chance to be chosen, one winner daily, to receive a promotion rate of 1.60% APR (Annual Percentage Rate). All loans will be booked at rate qualified for, not a promotional rate. Eligible vehicles include automobiles, motorcycles, boats, ATVs, and recreational vehicles. All loans eligible for the promotion must have a minimum balance of $10,000 and the term cannot exceed 72 months. Loan amounts less than $10,000 and/or loans with a term longer than 72 months will not qualify for the 1.60% APR promotional rate. All other discounts, such as a green loan or relationship points, will apply. Loans must be closed and disbursed between March 19, 2020 and April 6, 2020 to be eligible for promotional rate selection. Rate offer does not apply to indirect loans. The promotion is limited to new or pre-owned vehicle purchases and vehicle loans refinanced from another financial institution only. Vehicles currently financed with Sioux Empire Federal Credit Union are ineligible for the promotion.
All eligible loans throughout the duration of the “Slam Dunk 16” promotion will have the chance to receive a rate of 1.60% APR for the life of the loan. All loans will be booked at rate qualified for, not promotional rate. Winners will be announced daily during normal business hours.
SEFCU reserves the right, in its sole discretion, to extend, cancel or suspend the promotion at any time for any reason.