Become a Member
Bondholder Membership
The Seekonk Swim and Tennis Club is owned by its active bondholders in a given year, and ownership carries certain privileges.
Bondholders pay a one-time fee (which may be broken into three annual installments) and receive many benefits, including:
- Reduced annual membership fee
- Bondholders traditionally enjoy a reduced membership fee, typically $100 less than non-bondholders (rates are subject to change each year).
- Voting rights
- Active bondholders are encouraged to participate in bondholders meetings, and each bond has voting rights in the annual election of a board of directors and proposed changes to the Club's bylaws.
- Priority membership renewal
- Bondholder memberships are reserved until March 15, so that a membership is guaranteed if a deposit is paid by that date.
- Dedicated lockers
- Bondholder members are assigned dedicated lockers on request that they may keep for the season. No need to empty the locker at the end of each day!
- Off-season tennis
- Only bondholders have use of the tennis courts in the spring and fall off-season.
- Bondholder events
- In the past, some pre- or post-season weekends were designated as "Bondholder-only" weekends.
Costs
At this time, the cost of a bond is $350, which may be paid in full or in three annual installments of $120, $120, and $110. The cost of a bond purchase will be recaptured in just over three years, making bond ownership especially attractive for members who anticipate spending several years enjoying their summers at SSTC.
Bond payments must be received by June 1st in order for you to qualify for the bondholders due structure.
Bonds may not be resold, but they can be given to your children.
Maintaining Bondholder Status
The Club expects active bondholders to comprise the critical mass of ongoing membership in the successful operation of the Club. Accordingly, an active bondholder who cannot join the Club for legitimate reason may apply for a Leave of Absence. The Leave of Absence must be applied for in writing and sent via Registered Mail, accompanied by a fee of $75 before April 1st.
Any bondholder who fails to join the Club and who fails to notify the Club and receive Leave of Absence shall be assessed a yearly charge of $75 deducted from the value of their bond, which must be repaid before rejoining the Club.
How to Become a Bondholder Member
To become a Bondholder, simply follow the standard application process, but be sure to include your Bond payment and the bondholder rate when calculating the total balance due.
- Download and print the Membership Application (PDF).
- Mail the application and a check ($125 minimum up to the full amount) to P.O. Box 85, Seekonk, MA 02771. There is a $125 non-refundable deposit.
- Bondmembers are guaranteed a spot for applications received by March 15th. The balance of the bond payment is due by June 1st. It is common for the membership spots to sell out by May 1st.
- You will be notified by mail when your application has been accepted.
Questions? Feel free to contact us.