THANK USE QUALIFICATIONS
You must be a Personal member who meets these three criteria before or on 9/30/21: 1) be 18 or older 2) have an active checking account 3) have a primary saving account with a minimum balance of $25 or more.
You’re not eligible for Thank Use if you: 1) have a loan or deposit charge-off in 2021 that’s not paid back in full by 9/30/21, or 2) have a loan that’s delinquent by 60 consecutive days or more on 9/30/21, or 3) have a negative checking account balance for 30 consecutive days or more on 9/30/21. Business memberships and trust accounts with EINs, and business accounts under a personal membership don’t qualify for Thank Use.
Your Thank Use 2021 earnings will be deposited into your primary savings account on 10/21/21 and may be reportable on IRS form 1099-MISC.
You must be a Dupaco personal member before or on 10/21/21 to earn and receive Thank Use. Your participation dividends are based on your individual member number. They can’t be combined or shared with other member numbers. Each earning category is payable once under a member number.
ACTIVE PERSONAL CHECKING DEFINITION
Your personal checking account will be considered active when you: 1.) Set up direct deposit and use the account to make 5 or more check, debit, or automated clearing house (ACH) transactions within 90 consecutive days ending on 9/30/21. Or 2) Use the account to make 10 check, or 8 debit, or 5 automated clearing house (ACH), or 3 bill pay transactions within 90 consecutive days ending on 9/30/21.