New Bond - A Bond holder is an official member of the Oreland Swim Club. Each bonded member is required to purchase a Bond for a one-time fee of $450.00 and pay yearly dues for a minimum of five consecutive years. The main benefit to purchasing a bond is paying the "bonded" (reduced) summer dues rate, and the bond pays for itself in three years. After the initial five-year period, you may continue to hold your Bond as long as you like or you may sell your Bond back to the swim club, in which case your $450 deposit will be returned to you after the club “resells” your Bond.