CY-FAIR FCU $10,000 PARIS TRIP GIVEAWAY – Terms & Conditions

No purchase necessary to enter or win.

  1. Eligibility:

    • All CFISD honorees attending CFEF's 2025 Salute to the Stars event are automatically entered into the drawing.

  2. Prize:

    • The grand prize winner will receive $10,000 from Cy-Fair Federal Credit Union to put toward a vacation to Paris or any destination of their choice.

    • The winner will work with Plans2Travel to plan and book the trip, ensuring the total cost stays within the $10,000 budget.

    • Plans2Travel will not charge the recipient any fees from the $10,000 prize, as the travel agent earns commission-based compensation on the bookings.

    • Any funds remaining after covering travel costs will be the winner's to use as they choose.

    • The winner may opt to forego the trip and just accept the $10,000 from Cy-Fair FCU, which they can use in any manner they choose.

    • The winner may opt to decline the grand prize. Doing so forfeits their entitlement to the prize.

    • The Grand Prize is non-transferable.

  3. Winner Selection & Odds:

    • One (1) winner will be drawn under the supervision of an officer of Cy-Fair Federal Credit Union and a representative of the Cy-Fair Educational Foundation.

    • The drawing will take place at the beginning of the event but the winner will not be announced until the designated time at the end of the event. 

    • The odds of winning depend on the number of eligible honorees in attendance.

  4. Taxes:

    • The winner is responsible for the payment of all federal, state, and local taxes related to the prize.

    • It is recommended that the winner set aside a portion of the winnings to cover taxes and seek advice from a CPA for tax preparation.

    • CFFCU will mail the winner a 1099-MISC form in early 2026 for tax filing purposes.

  5. Disqualification:

    • If any honoree drawn as the winner of the grand prize is not present at the time of announcing their name as the winner, at the discretion of the representing officer of Cy-Fair Federal Credit Union, that honoree may be deemed as disqualified and another honoree may be drawn to take their place as the recipient of the grand prize.

    • Cy-Fair Federal Credit Union reserves the right at its sole discretion to disqualify any individual who violates these Terms & Conditions.

  6. Release of Liability:

    • By accepting the prize, the winner acknowledges that they are accepting the prize at their own risk and agrees to release and hold harmless Cy-Fair Federal Credit Union, its officers, directors, employees, affiliates, partners and agents from any and all liability, illness, injury, death, loss, litigation, claim or damage that may occur, directly or indirectly, with respect to the awarding, receipt, possession, and/or use or misuse of the prize.

  7. General Conditions:

    • By accepting the prize, the winner agrees to comply with all terms and conditions outlined in this document.

    • Acceptance of prize constitutes permission for Cy-Fair Federal Credit Union to use winner's name, likeness, and entry for purposes of news, publicity, advertising and trade without further compensation, notice, or review, unless prohibited by law.

    • CFFCU reserves the right to modify or terminate the drawing at any time without prior notice.

  8. Sponsor:  

    • The Sponsor of the grand prize drawing is Cy-Fair Federal Credit Union, 9601 Jones Road, Suite 100, Houston, Texas 77065