Common use of Contract for Accounts and Services Clause in Contracts

Contract for Accounts and Services. You understand that Parts 1 and 2 create a legally binding Depo- sit Account Contract (“Contract”) that governs your accounts and services with our Credit Union. This Part 2 explains the specific Contract terms, disclosures, responsibilities and liabilities of membership, account ownership, and related services for your accounts with us. By applying for membership, opening or using an account, requesting or using a service and signing or other- wise validating Part 1 of this Contract, you are agreeing to the terms, responsibilities, and accompanying liabilities of this Con- tract, which also includes our Electronic Fund Transfer disclo- sures, Funds Availability disclosures, Rate and Fee disclosures and Privacy Policy. You promise that all the information provided by you to us in Part 1 of this Contract is complete and true, and has been completed according to your instructions, as confirmed by your signature on or validation of Part 1 of this Contract, and/or through your use of an account or a service. You agree that we may rely exclusively on the terms of Parts 1 and 2 of your and our Contract, and further agree that we have no obligation to rely on any other documents, unless otherwise required. It is the essen- tial purpose of this Contract to fairly apportion the responsibilities and liabilities of membership, account ownership, and services used by each member between that member and the Credit Un- ion, which in turn enables us to provide the best products and services possible, in the most cost effective manner, for the bene- fit of all members of the Credit Union.

Appears in 1 contract

Samples: Deposit Account Contract

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Contract for Accounts and Services. You understand that Parts 1 and 2 create a legally binding Depo- sit Deposit Account Contract (“Contract”) that governs your accounts and services with our Credit Union. This Part 2 explains the specific Contract terms, disclosures, responsibilities and liabilities of membership, account ownership, and related services for your accounts with us. By applying for membership, opening or using an account, requesting or using a service and signing or other- wise otherwise validating Part 1 of this Contract, you are agreeing to the terms, responsibilities, and accompanying liabilities of this Con- tractContract, which also includes our Electronic Fund Transfer disclo- suresdisclosures, Funds Availability disclosures, Rate and Fee disclosures and Privacy Policy. You promise that all the information provided by you to us in Part 1 of this Contract is complete and true, and has been completed according to your instructions, as confirmed by your signature on or validation of Part 1 of this Contract, and/or through your use of an account or a service. You agree that we may rely exclusively on the terms of Parts 1 and 2 of your and our Contract, and further agree that we have no obligation to rely on any other documents, unless otherwise required. It is the essen- tial essential purpose of this Contract to fairly apportion the responsibilities and liabilities of membership, account ownership, and services used by each member between that member and the Credit Un- ionUnion, which in turn enables us to provide the best products and services possible, in the most cost effective manner, for the bene- fit benefit of all members of the Credit Union.

Appears in 1 contract

Samples: Deposit Account Contract

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