You can now pay down your future membership fee for cbanc by referring your friends to join the network. When they join and give you credit for the referral, not only do you get 1000 points to spend in the network, you get a 10% credit applied toward your next year’s renewal.
You can pay down 100% of your membership fee through this program. If you have referral credits left over in a given year, we will roll them over and apply those to your next year’s membership fee.
Here are the rules of the program:
- To refer another bank or credit union to join cbanc, you have to be an existing member.
- Inside the network, click “Invite a Friend” and send an invite to join cbanc to your friend. We will track that invite.
- When that friend signs up (perhaps after they have seen a web demo or spoken to us on the phone) they will have to inform us you invited them.
- We will close out your pending Invite inside cbanc and your institutions gets the 1000 points and the 10% credit.
- We track how many credits you have earned, and deduct that from your next year’s invoice. If you pay down 100% of your renewal fee and have credits left over, those get applied to the following year.
