Jamaica Based Mortgage Company, Victoria Mutual To Give Away Three Houses In The “VM Win 50” Promotion
FT. LAUDERDALE – The Victoria Mutual Group recently announced the second major initiative on its list of Jamaica 50 celebrations, with its unveiling of a thrilling ‘VM Win 50 Savings Promotion’. With this promotion, members are set to benefit from amazing prizes, including a brand new home in a prime location in Jamaica.
Members of the Jamaican Diaspora and the Media were in attendance at a special “wine and cheese mixer” held at the JERK MACHINE, Ft. Lauderdale, where the announcement was made.
Addressing the gathering, Suzette Rochester, Manager, Victoria Mutual Building Society (VMBS) – Florida Representative Office outlined that the Win 50 Promotion gives Victoria Mutual’s savers and investors from both the Building Society and the Wealth Management Strategic Business Units, a chance to ‘hold Independence in the palm of their hands’ with the opportunity to win one of three exciting grand prizes, as well as 50 amazing fortnightly prizes.
Ms Rochester stated that the three grand prizes emphasize the institution’s long-standing tradition of helping Jamaicans to realize their home-ownership goals, as members and customers (excluding team members and their immediate family) who enter have a chance to win the gift of a brand new home in one of 3 prime locations in Jamaica.
These include:
• 1st prize The Palms, Richmond, St. Ann
• 2nd prize Caymanas Golf and Country Club Estates, St Catherine
• 3rd prize Florence Hall Village, Trelawny
In addition, there are opportunities to win one of 50 exciting prizes each fortnight, including:
» iPad 2’s
» Smart phones
» iPod Touch
» J$10,000 or US Dollar equivalent (Light/Grocery/Fuel) Coupons
Victoria Mutual savers and investors will get 10 chances to win with every deposit of J$50,000, US/CAD$500 and £500 (existing funds), 5 additional chances for every $50,000, US/CAD$500 and £500 of new funds in a VMBS, i.e. 15 chances, and one additional chance for every year that their account has been in existence.
Renowned primarily for its mortgage offerings, Victoria Mutual recently heralded its
Jamaica 50 celebrations with a reduction on its mortgage rates. New mortgagors were
offered a special interest rate of 9.39%p.a. on a Jamaican Currency Mortgage and 6.85%p.a. on a Foreign Currency Mortgage, a move the institution called a ‘tangible gesture’ designed to reward their support throughout the years.
Mr. Paul Pennicook, Director, Victoria Mutual also articulated that the promotion is another way in which the Company is seeking to provide value for its members and Jamaicans at home and in the Diaspora, especially against the backdrop of challenging economic conditions.
CELEBRATING VICTORIA MUTUAL’S “WIN” 50 PROMOTION: Florida State Representative, Hazelle P. Rogers (2nd R) shares a light moment with the Victoria Mutual’s Family Members: Suzette D. Rochester, Manager, Victoria Mutual Building Society (VMBS) – Florida Representative Office (far R) and Paul Pennicook, and Marie Gill, President of the Jamaica USA Chamber of Commerce at a “Wine and Cheese Mixer” held recently at Jerk Machine, downtown Ft. Lauderdale..
