Car Giveaway Rules


1. HOW TO ENTER. NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE DOES NOT IMPROVE YOUR CHANCES OF WINNING. The Pinnacle Federal Credit Union-Carvana $20K Car Giveaway (the “Sweepstakes”) begins on June 1, 2019 and ends August 31, 2019, (the “Sweepstakes Period”). There are two ways to enter:

  1. You will be automatically entered into the Sweepstakes if you: apply and take funding of a Pinnacle Federal Credit Union (“Sponsor”) Consumer Loan during the Sweepstakes Period. “Consumer Loan” means a Vehicle Loan, Personal Loan, Home Equity Line of Credit, Home Equity Fixed-Rate Loan, or First Mortgage. Commercial Loan, Shared/Certificate Secured Loans and CheckMate Line of Credits do not qualify. All member accounts must be in good standing at the time of the drawing according to Pinnacle Federal Credit Union guidelines.
  2. Alternatively, hand print your complete name, address, age, daytime/evening phone numbers, email address and the words, “20K Car Giveaway” on a plain piece of “3×5” paper, and mail in an envelope with sufficient postage affixed to: Pinnacle Federal Credit Union, Marketing Dept., ATTN: $20k Car Giveaway, 135 Raritan Center Parkway, Suite 6, Edison, NJ 08837. Mail-in entries must be postmarked by August 31, 2019, and received by September 9, 2019.


2. ELIGIBILITY. Sweepstakes open to U.S. citizens or permanent residents 18 years of age or older who, as of the date of entry, are: (a) member of Pinnacle Federal Credit Union (For individuals applying jointly for the loan, the primary member will be considered the winner). Board volunteers, employees and family members of employees (including spouse, children, parents and siblings of employees) of the Sponsor, their subsidiaries and affiliated, and any individuals engaged in any way in the development, production, printing, distribution or execution of this Sweepstakes are not eligible. Entrants must meet state requirements to obtain title to vehicle, including identification and/or license requirements. Void where prohibited by law.

3. PRIZES. One (1) car valued up to $20,000 provided by Carvana (“Prize Provider”) shall be awarded. Winner will not receive cash – no substitutions by winner permitted. Winner will select car from Carvana’s current inventory within 30 calendar days of prize notification. Winner must submit payment of applicable taxes, title and registration fees to Carvana and provide evidence of insurance prior to delivery of prize. Odds of winning are dependent on the number of eligible entries received. No substitution or transfer of prizes permitted. All federal and state taxes on prize are the sole responsibility of the winner. The winner will be issued a 1099 tax form for the approximate retail value of the prize (which requires winner to provide his/her social security number), and will be required to complete a W-9 form.

4. SELECTION OF WINNER. Winner will be selected in a random drawing on or about September 20, 2019 by the Sponsor, whose decision are final. Winner will be notified by mail, email, or telephone within 30 days. If prize notification is returned as undeliverable or winner cannot be located or does not respond by deadline date, an alternative winner will be selected. Winner must sign an affidavit of eligibility and liability release, and where not limited by law, publicity release within fourteen (14) days of prize notification or prize will be forfeited and an alternate winner will be selected. Prize will only be awarded if winner complies with these Official Rules.

5. GENERAL CONDITIONS. Sweepstakes offered to eligible participants, but void where prohibited or restricted by law. By submitting your own entry and/or accepting a prize, you specifically acknowledge and agree that the Sponsor and Carvana (“Promotion Entities”) may use your name and likeness for purpose of advertising and trade without further compensation, unless prohibited by law. By submitting an entry, you agree to release Promotion Entities and their advertising agencies, officers, directors, employees, agents, parent companies, affiliates and subsidiaries, from liability of any kind or nature for any loss, claims, damages, or injuries of any kind associated with participation in the Sweepstakes or acceptance, possession, participation in or use or misuse of any prize. You accept and agree to be bound by these rules and the decisions of the Sponsor relating to participation in the Sweepstakes, selection of winner and awarding of prize. All federal, state and local laws and regulations apply. No correspondence will be acknowledged. Sponsor reserve the right to disqualify any entry that it deems unacceptable. By entering this Sweepstakes, you also acknowledge and agree that your personal information from any entry form may be used by Sponsor for internal marketing analysis and to provide participant with information from time to time about Pinnacle Federal Credit Union and its services, products, and promotions. All personal information collected will be treated in a manner consistent with Sponsor’s privacy policy, which is available at

6. COPY OF OFFICIAL SWEEPSTAKES RULES. For a copy of the official rules, please email during the Sweepstakes Period.

7. WINNER. Winner will be posted on by September 30, 2019.

8. SPONSOR. Pinnacle Federal Credit Union, 135 Raritan Center Parkway, Suite 6, Edison, NJ 08837