Legacy Members
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.
There may be circumstances in which the 125th Anniversary Heritage Pathway credit provides a greater benefit toward a Legacy Member’s Stock purchase than their accrued Legacy discount.
In such cases, the Heritage Pathway would apply as outlined below: Current Share Price: $18,750 Heritage Credit: $3,125 per share
Under this scenario, Legacy Members would not receive any Legacy Stock discount. Stock purchases would continue to follow the required Legacy schedule: First share at age 30 Second share at age 35 Final two shares at age 40 Each required Stock purchase may be paid over a five (5) year period with no carrying fee. The $3,125 Heritage Credit per share would apply at the time of each Stock purchase. Any applicable Share price increases would still apply to future stock purches. 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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