Common use of Credit Union’s Right to Investigate Clause in Contracts

Credit Union’s Right to Investigate. To protect the Credit Union and its members, the Credit Union has full rights to investigate all transactions, methods and means of making transactions to protect its members and the Credit Union. Membership-Account Eligibility, Credit Report, Other Credit Union Services and Social Media - To join the Credit Union, you must meet the membership requirements, including purchase and maintenance of the minimum required share(s) “membership share” as set forth in the Credit Union’s Bylaws. Continued eligibility for membership, any account(s), service(s), or loan products; increases or decreases in services and/or credit limits, now and in the future; or as needed to comply with any applicable law, regulation or governmental agency requirements including but not limited to escheatment/abandoned property, privacy, or other issues that may affect your rights, you authorize us to make inquiry to determine your employment history and to obtain information concerning any accounts with other institutions and your credit history, including consumer credit reports. You agree that this authority applies to any account, account-related service, loans or other financial products you request or which we may offer or make available to you. We may also report information concerning your account(s) and credit to others. You also understand that you may elect from time to time to use the Credit Union or other parties’ social media tools and sources; that there is no claim of privacy or privilege regarding information shared or discernible from such use or sharing; and the use of such information by us does not violate your privacy or other rights. Individual Accounts - An individual account is an account owned by one (1) member (individual, trust, or other organization) qualified for Credit Union membership. If the account owner dies, the interest passes, subject to applicable law, to the account owner’s estate or Payable on Death (POD) beneficiary/payee or trust beneficiary, subject to other provisions of this Agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner’s agent prior to notice of an owner’s death, and to any security interest or pledge granted by the account owner, and subject to our statutory lien rights. Joint Accounts - A joint account is an account owned by two (2) or more persons with rights of survivorship.

Credit Union’s Right to Investigate. To protect the Credit Union and its members, the Credit Union has full rights to investigate all transactions, methods and means of making transactions to protect its members and the Credit Union. Membership-Account Eligibility, Credit Report, Other Credit Union Services and Social Media - To join the Credit Union, you must meet the membership requirements, including purchase and maintenance of the minimum required share(s) “membership share” as set forth in the Credit Union’s Bylaws. Continued eligibility for membership, any account(s), service(s), or loan products; increases or decreases in services and/or credit limits, now and in the future; or as needed to comply with any applicable law, regulation or governmental agency requirements including but not limited to escheatment/abandoned property, privacy, or other issues that may affect your rights, you authorize us to make inquiry to determine your employment history and to obtain information concerning any accounts with other institutions and your credit history, including consumer credit reports. You agree that this authority applies to any account, account-related service, loans or other financial products you request or which we may offer or make available to you. We may also report information concerning your account(s) and credit to others. You also understand that you may elect from time to time to use the Credit Union or other parties’ social media tools and sources; that there is no claim of privacy or privilege regarding information shared or discernible from such use or sharing; and the use of such information by us does not violate your privacy or other rights. Individual Accounts - An individual account is an account owned by one (1) member (individual, trust, or other organization) qualified for Credit Union membership. If the account owner dies, the interest passes, subject to applicable law, to the account owner’s estate or Payable on Death (POD) beneficiary/payee or trust beneficiary, subject to other provisions of this Agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner’s agent prior to notice of an owner’s death, and to any security interest or pledge granted by the account owner, and subject to our statutory lien rights. Joint Accounts - A joint account is an account owned by two (2) or more persons with rights of survivorship.