Common use of Credit Union’s Liability Clause in Contracts

Credit Union’s Liability. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we may be liable for your losses or damages proximately caused by our failure. However, there are some exceptions. We will NOT be liable, for instance: • If, through no fault of ours, you do not have enough money in your account to make the transfer. • If the terminal or system where you are making the transfer does not have enough cash. • If the ATM or system was not working properly and you knew about the breakdown when you started the transfer. • If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. • If the funds in your account are subject to an administrative hold, legal process, or other claim. • If the failure to properly complete the transaction is caused by erroneous information supplied by you or your agent. • If you closed the account from which you have pre-authorized electronic fund transfers. • There may be other exceptions stated in our agreement with you.

Credit Union’s Liability. If we do not complete a transfer to or from your account Ac- count on time or in the correct amount according to our agreement with you, we may will be liable for your losses or damages proximately caused by our failuredamages. However, there are some exceptionsex- ceptions. We will NOT be liable, for instance: • If, through no fault of ours, you do not have enough money in your account Account to make the transfer. • If the terminal or system where you are making the transfer does not have enough cash. • If the ATM or system was not working properly and you knew about the breakdown when you started the transfer. • If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions pre- cautions that we have taken. • If the funds in your account Account are subject to an administrative admin- istrative hold, legal process, or other claim. • If the failure to properly complete the transaction is caused by erroneous information supplied by you or your agent. • If you have closed the account Account from which you have pre-authorized preauthorized electronic fund transfers. • There may be other exceptions stated in our agreement agree- ment with you.