EXISTING PLANS
Our existing membership options include the Legacy Member program, which recognizes long-standing family connections to the Club, as well as the 65+ Stock Discount Program, providing a special opportunity for individuals 65 and over to enjoy the benefits of membership while receiving a preferred stock purchase rate. There is no change to these programs.
Below, you will find an overview of these existing programs:
Legacy Member Stock Discount Program
Legacy Members are the son’s or daughter’s age 40 and under of a Senior or Associate member who currently, or have been, a dues-paying member. Legacy Members earn a 2% discount toward the purchase of Stock for each year they are a dues-paying member, up to a maximum discount of 60%. Legacy Members are required to purchase Stock in the following increments: First share at age 30 Second share at age 35 Final two shares at age 40 Any accrued Legacy discount applies to each Stock share purchase, as well as to any increase in the Stock price at the time of purchase. For each required Stock share purchase, Legacy Members may elect to pay over a five (5) year period.
The 125th Anniversary Heritage Stock Credit may notbe applied to Legacy Member Stock purchases already receiving the 2% discount.
Each Legacy Member’s stock purchase scenario is unique, shaped by their individual membership history and accrued discount, and we recommend contacting the Membership Office to fully understand your specific situation
Meghan Spero, Membership Development and Communicaitons Manager mspero@wilmingtoncc.com
Darcie Herkimer, Administrative Manager dherkimer@wilmingtoncc.com
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