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Minnewaska Dollars FAQ:

• What is a Minnewaska Dollar?

Minnewaska Dollars are an incentive to help support local businesses. Minnewaska Dollars are a monetary check certificate issued by the Glenwood Lakes Area Chamber that can be used just like a check at businesses all around the Glenwood Lakes Area.

• How much are Minnewaska Dollars worth?

Minnewaska Dollars are issued at the Glenwood Lakes Area Chamber in a variety of denominations ($5, $10, $20).

• How do I spend my Minnewaska Dollars?

Simply present the Minnewaska Dollars to the business when you go to pay. The business will process the Minnewaska Dollars just like a check and deposit it in their bank account.

• Where can I spend my Minnewaska Dollars?

Any business in the Glenwood Lakes Area (chamber member or not) can accept Minnewaska Dollars as long as they accept checks as a form of payment.

• What if a purchase doesn’t use the full Minnewaska Dollars amount?

We encourage you to use the entire value of the Minnewaska Dollars check at one time. However, this is a monetary certificate at its face value. If you don’t use the entire value at one time, change can only be given for no more than 20% of its value.

• Do Minnewaska Dollars expire?

Minnewaska Dollars have an expiration date (one year from the date purchased). If your Minnewaska Dollars expire before you get a chance to use them, you can exchange them for current Minnewaska Dollars.

• What do I do if a customer presents a Minnewaska Dollars at my business for payment of items or service?

Simply accept the Minnewaska Dollars at face value, endorse the back of the check and deposit it into your bank.

• Is there a charge to accept Minnewaska Dollars?

No, there is no charge to the holder or the redeemer of Minnewaska Dollars.

• Can Minnewaska Dollars bounce?

No. The Chamber sells $10,000+ in Minnewaska Dollars each year drawn from a well-funded account at Magnifi Financial. You’ll have no problem accepting Minnewaska Dollars. There’s no risk – you’ll always get paid!