Instagram "Oldest Coin" Contest

Contest Run Dates:
August 18, 2020, 7:00 a.m. MDT - August 25, 2020, 11:59 p.m. MDT

1. Binding Agreement

a. By participating in this contest, you agree to be bound by these rules (“Official Rules”) in addition to the rules of the corresponding social media platform(s).

2. No Purchase Necessary


3. Sponsor

a. Altabank, 33 East Main St. American Fork, UT 84003, referred to herein as “Bank”.

4. Term and Agreement

a. Term. Entry into the above-described Contest starts August 18 at 7:00 a.m. Mountain Daylight Time and ends on August 25 at 11:59 p.m. Mountain Daylight Time. The Bank’s computer is the official time-keeping device for the Contest. All entries must be received by the ending date and time to be eligible.

b. Agreement. Information on how to enter and prizes form part of these Official Rules. By submitting an entry, each entrant agrees to the Official Rules and warrants that his or her entry complies with all requirements set out in the Official Rules.

5. Eligibility

a. To be eligible for the contest, you must be at least 18 years of age and you must be a lawful permanent resident of the United States and a resident of Utah or Idaho. Contest void where prohibited by law. This Contest is void outside of Utah and Idaho. Employees of the Bank, officials, and members of their immediate families residing at the same address, are not eligible to participate in the contest. By entering this contest, entrants accept and agree to be bound by these Official Rules and the decisions of the Bank.

6. Entries

a. To enter, contestants must follow the Bank's official Instagram account, tag two friends in the comments section of the Instagram post, and direct message the Bank's official Instagram account a picture of the oldest coin the contestant could find. Entries may not be submitted by mail or by any means other than by following the required steps on Instagram. No purchase is required to enter. Entrants are not required to be customers of the Bank.

b. Only one entry is allowed per person in this Contest. Use of more than one entry by the same individual is prohibited and such multiple entries shall be voided.

7. Publicity Release

a. Consent to Publicity and Release. By submitting a photograph through an Instagram direct message, the entrant consents to permit the Bank to utilize his/her picture in promotional and other Bank materials, without additional compensation or permission, except where prohibited by law.

8. Representations, Warranties, License Grant, and Indemnity

a. Representations and Warranties. With respect to any material you submit in relation to this contest, including, but not limited to, photos, videos, text, or any other material, YOU REPRESENT AND WARRANT:

i. That you own all proprietary rights in and to the material submitted;

ii. That you have the right to grant an irrevocable worldwide license to the Bank to use the material for any purpose the Bank deems desirable including, without limitation, marketing purposes; and

iii. That your submission of such materials does not, nor will it, infringe upon the intellectual property rights of any other person, entity, or other organization.

b. License Grant. For any material you submit to the Bank in response and relation to this contest, you hereby grant the Bank a non-exclusive, irrevocable, worldwide license to:

i. Use such material(s) for any purpose, including, but not limited to, marketing; and

ii. Reproduce, modify, distribute, publicly perform, and publicly display the material.

c. Indemnity. By submitting any material to the Bank, you agree to indemnify and hold the Bank, its directors, officers, employees, shareholders, customers, and agents (the “Indemnified Parties”) harmless from and against all liabilities, losses, damages, penalties, actions, judgments, costs, expenses, or disbursements of any kind or nature that may be imposed on, incurred by, or asserted against the Indemnified Parties in any way relating to or arising out of the materials you have submitted, such as, but not limited to, copyright infringement, misappropriation, public disclosure of private facts, or intrusion.

9. Contest Prizes

a. Description. One Prize Winner will receive one gift card valued at approximately $25.00. The Prize Winner will have met the requirements set in the Contest rules including having followed the Bank's official Instagram account, having tagged two of his/her friends in the comments of one of the Bank's posts, and having direct messaged the Bank's official account a picture of a United States coin with a legible date that preceded all other submissions. No cash or other prize substitution is permitted except at the Bank’s discretion. The right to receive a Prize is non-transferable, non-assignable and non-exchangeable.

b. Odds of Winning. Odds of winning are based upon the number of eligible participants in the contest and the number of photos submitted by each eligible participant.

10. Selection of Winners

a. Selection of Winners. One winner will be selected from all eligible entries received after the submission period is closed on August 25, 2020, 11:59 p.m. MDT. The winner will be announced on Friday, August 28, 2020.

b. In Case of Tie. In case of a scenario where two or more entrants submit a coin with the same year, a tiebreaker will occur. The tiebreaker will be to find the next oldest coin. For instance, if multiple entrants found coins from 1945, the tiebreaker would require each entrant to submit a photo of his or her next oldest coin. If Entrant A found a coin from 1947 and Entrant B found a coin from 1952, Entrant A would win the tiebreaker because 1947 is older. Entrant A would win the overall contest.

11. Notification of Winners

a. The Winner will be notified on or after August 26, 2020. If the Prize Winner cannot be contacted within three (3) days of attempted first notification, he or she will forfeit the prize and the prize will be given to the entrant in second place. If the Prize Winner is not able or willing for whatever reason to accept his or her prize, then the Bank reserves the right to award the prize to another entrant.

12. Liability

a. General Liability Rules. The Bank is not responsible for any loss that may occur in connection with the Contest. Each entrant agrees to hold the Bank harmless from any liability arising from participation in the Contest or the acceptance, receipt, possession, or misuse of the Prize. The Bank and each of its officers, directors, employees, customers and representatives and agents are not responsible for any negligence, claims, liability, injury, property loss, or other damages of entrants and/or Prize Winner arising from, or in connection with acceptance, receipt, possession, or use/misuse of prizes awarded in or participation in the Contest.

b. Liability for Error/ Corruption. The Bank is not responsible for any problems with your entry, including incomplete, late or misdirected entries. If there is any suspected evidence of tampering or interference associated with the Contest beyond the reasonable control of the Bank and their affiliates which corrupts or impairs the administration, security or fairness of the Contest, the Bank reserves the right to disqualify any entrant deemed responsible for such corruption, suspend and/or terminate the Contest and select a Prize Winner from the entries received up to the time of such termination or suspension.

13. Prize Non-Transferable, Non-Assignable, and Non-Exchangeable

a. No cash or other prize substitution permitted except at the Bank’s discretion. The right to receive a Prize is non-transferable, non-assignable and non-exchangeable. The prize cannot be substituted or converted to cash by the Winner.

14. Right to Cancel or Suspend Contest

a. If for any reason the Contest is not capable of running as planned, due to tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the reasonable control of the Bank that corrupt or affect the administration, security, fairness, integrity, or proper conduct of this Contest, the Bank reserves the right, at its sole discretion, to cancel, terminate, modify, or suspend the Contest. In such event, no prizes will be awarded.

15. Tax Issues

a. The Bank will report all Prize winnings to the appropriate state and federal agencies as required by applicable law. Prize Winners are responsible for all tax consequences (if any) of the prize.

16. Choice of Law

a. All issues and questions concerning the construction, validity, interpretation, and enforceability of these Official Rules, or the rights and obligations of entrants and the Bank in connection with the Contest, shall be governed by, and construed in accordance with, the substantive laws of the State of Utah, USA, without regard to choice of law rules.

17. Severability

a. If any provision(s) of these Official Rules is held to be invalid or unenforceable, all remaining provisions hereof will remain in full force and effect.

18. Privacy Notice

a. By participating in this Contest, you agree that we can collect your personal information, and that if we cannot collect the required data, you may not be eligible to participate in the Contest. Any personal information collected during the course of the contest by the Bank will only be used for administering this Contest and for other purposes as outlined in these Official Rules, and will be subject to the practices described in the Bank’s Privacy Policy.