OFFICIAL TERMS AND CONDITIONS

NO PURCHASE NECESSARY.  PURCHASE WILL NOT INCREASE THE ODDS OF WINNING.  VOID WHERE PROHIBITED.

1. PROMOTION PERIOD. The “Digital Wallet Holiday Promotion” (the “Promotion”) begins at 12:00 A.M. CDT on December 1, 2024, and ends at 11:59 P.M. CDT on January 31, 2025 (the “Promotion Period”).

2. ELIGIBILITY. The Promotion is open only to individuals who at the time of entry (a) are legal residents of and domiciled in the state of Minnesota, and (b) are over 18 years of age. The Promotion is open to all individuals who meet these requirements, excluding (i) employees of The Bank of Elk River (“Sponsor”), any of their subsidiaries or affiliate companies; or their advertising, marketing or promotional agencies; and (ii) immediate family members (spouses) of any individual referred to in clause (i). This Promotion is subject to all federal, state, and local laws and regulations and is void (a) outside the 50 United States and the District of Columbia, and (b) where prohibited by law.

3. HOW TO ENTER. To enter, enroll your Bank of Elk River debit card in a digital wallet application; including but not limited to ApplePay, GooglePay, FitbitPay or SamsungPay during the Promotion Period. If you already have your Bank of Elk River debit card added to your wallet or you would like to participate in the promotion without adding your Bank of Elk River debit card to your wallet, you may enter the Promotion by dropping a letter off at a bank branch location or by mailing a letter addressed to Sweepstakes at The Bank of Elk River 630 Main Street, Elk River, MN 55330. The letter must include your name, email address, and phone number and be postmarked no later than January 31, 2025.

Limit one entry per card for the duration of the contest.  

4. AGREEMENT TO OFFICIAL TERMS AND CONDITIONS. Your participation in this Promotion constitutes your full and unconditional agreement to and acceptance of these Official Terms and Conditions and the decisions of the Sponsor, which are final and binding. Winning a prize is contingent upon fulfilling all requirements set forth in the entry terms and conditions.  

5. SELECTION OF POTENTIAL PRIZE WINNERS.  On the date of February 15, 2025, one (1) winner will be selected and announced based on a randomized drawing. A purchase will not increase the chances of winning.

6. NOTIFICATION AND REQUIREMENTS OF POTENTIAL WINNERS. The potential Prize Winner will be initially contacted by phone. All physical entries will be required to provide a phone number. The prize may be forfeited and may be awarded to another entrant if (i) any prize notification or any prize is returned as undeliverable, (ii) Sponsor is unable to contact a potential winner within five (5) days of the first attempt to contact him or her, (iii) a potential winner fails to provide his or her contact information within seven (7) calendar days after notification by Sponsor, (iv) a potential winner is determined by Sponsor, in its sole discretion, to be ineligible, (v) a potential winner declines the prize, or (vi) a potential winner is otherwise not in compliance with these Official Terms and Conditions. The sponsor is not responsible for any delay in awarding any prize.

Winner’s entry and acceptance of the prize constitutes permission (except where prohibited) for Sponsor and its designees to use, at Sponsor’s sole discretion, the winner’s name, photograph, likeness, statements, biographical information, voice, and address (city and state), for advertising, promotions and other purposes in all forms of media, worldwide in perpetuity, without additional notice, permission or further compensation.

7. PRIZES AND APPROXIMATE RETAIL VALUE (“ARV”). The Prize Winner will receive $500 in cash. The Bank of Elk River also reserves the right to award additional prizes as it deems necessary to expand the promotion. Winners will be selected per state contest rules and regulations. These additional prizes shall not exceed the price of $25. Actual/appraised value may differ at the time of the prize award. Each prize is non-transferable and non-refundable and must be accepted as awarded. All applicable taxes (including federal, state, and local income taxes for U.S. winners), duties, and the like, if any, are the sole responsibility of the prize winner. 

8. GENERAL CONDITIONS.  In the event of a dispute as to the identity of an entrant, the authorized account holder of the debit card used to enter, will be deemed to be the entrant, but only if such person meets all other eligibility criteria. 

Sponsor reserves the right at its sole discretion to disqualify any individual who tampers or attempts to tamper with the entry process or the operation of this Promotion; violates the Official Terms and Conditions; acts in an unsportsmanlike or disruptive manner; or acts with intent to annoy, abuse, threaten or harass any other person; or who Sponsor suspects has engaged in any of the foregoing. Sponsor reserves the right to cancel, terminate or modify this Promotion if it cannot be completed as planned for any reason, including without limitation for infection by computer virus, bugs, tampering, unauthorized intervention, technical failures, corruption of any sort, or any other matter beyond Sponsor’s control. In such an event, Sponsor will award the prizes from among all eligible entries received prior to cancellation.

9. RELEASE & LIMITATION OF LIABILITY.  As a condition of entering this Promotion, each entrant agrees, and as a condition of being awarded a prize, each winner agrees, to the maximum extent permitted by law, to release, indemnify and hold harmless Sponsor, their respective subsidiaries or affiliate companies, their advertising, marketing or promotional agencies and each such company’s respective officers, employees, directors, representatives and agents and all others associated with the development and execution of this Promotion (individually and collectively, the “Released Parties”), from and against any and all liabilities, claims, actions, lawsuits, judgments, costs and expenses, damages of any kind whatsoever, injuries, or losses to persons or property arising from or relating to, in whole or in part, this Promotion, submitting an entry or otherwise participating in any aspect of this Promotion, the receipt, ownership, possession, use or misuse of any prize awarded, or any actual or alleged breach by entrant of these Official Terms and Conditions.

10. LIMITATION OF LIABILITY. Entrants acknowledge that the Released Parties have not made and are not in any manner responsible or liable for any warranty, representation or guarantee, express or implied, in fact, or in law, relative to the prize, including, but not limited to, its quality or fitness for a particular purpose.  The Released Parties are not responsible for: (a) lost, interrupted, inaccessible or unavailable networks, servers, satellites, Internet Service Providers, websites, or other connection, availability or accessibility problems arising in connection with or over the course of this Promotion; (b) failed, jumbled, scrambled, delayed, or misdirected computer, telephone or cable transmissions or hardware, software or technical malfunctions, failures or difficulties; (c) errors of any kind relating to or in connection with this Promotion, whether human, mechanical, clerical, electronic, or technical in nature, including, but not limited to, errors which may occur in connection with the administration of this Promotion, the processing of entries, the announcement or notification of any winner or prize or the cancellation of this Promotion; (d) damage to a user's system occasioned by participation in this Promotion or downloading any information necessary to participate in this Promotion; (e) incomplete, illegible, misdirected, damaged or lost entries; or (f) failed, incorrect, inaccurate, incomplete, garbled or delayed electronic communications, whether caused by the sender, by any of the equipment or programming associated with or utilized in this Promotion.  If digital wallet goes down for any reason or if the Sponsor is unable to accept entries, Released Parties are not responsible, but Sponsor will make a good faith effort to remedy the problem as quickly as possible or Sponsor may terminate this Promotion.  By entering this Promotion, you waive (to the maximum extent permitted by law) the right to claim any punitive, consequential, incidental, special, exemplary, or indirect damages of any kind and any and all rights to have damages multiplied or otherwise increased.

11. DISPUTE RESOLUTION.  If there is any conflict between any promotional material and these Official Terms and Conditions, the provisions of these Official Terms and Conditions shall prevail.  The resolution of any dispute shall be within the Sponsor’s sole discretion.  As a condition of entering this Promotion, except as prohibited by law, you agree that: (a) all causes of action arising out of or connected with this Promotion, or any prize awarded, shall be resolved individually, without resort to any form of class action; and (b) any and all claims, judgments, and awards shall be limited to actual out-of-pocket costs incurred, but in no event attorneys’ fees or court costs.  All issues and questions concerning the construction, validity, interpretation, and enforceability of these Official Terms and Conditions, your rights and obligations, or the rights and obligations of Sponsor in connection with this Promotion, shall be governed by, and construed in accordance with, the laws of the State of Minnesota, without giving effect to any choice of law or conflict of law rules (whether of the State of Minnesota or any other jurisdiction), which would cause the application of the laws of any jurisdiction other than the State of Minnesota.

12. PRIVACY POLICY.  To see how Sponsor may use personal information obtained in connection with this Promotion, see Sponsor’s Privacy Policy at https://www.thebankofelkriver.com/about/policies-and-disclosures/privacy-policy.

13. SPONSOR.  The Sponsor of this Promotion is The Bank of Elk River, 630 Main St NW, Elk River MN 55330. 

By entering this Promotion, each participant acknowledges that this Promotion is in no way sponsored, endorsed or administered by ApplePay, GooglePay, FitbitPay, or SamsungPay. Participants agree to release, ApplePay, GooglePay, FitbitPay, or SamsungPay from all liability related to this Promotion.