Deposit Account. If you are issued a secured Card, you have signed or will be required to sign a separate security agreement pledging a specific, non-withdrawable portion of your shares and/or deposits in BECU to secure your Card. The amount of the security for such a Card is the amount of your credit limit and you may not have any access to or control of that amount.
Appears in 15 contracts
Samples: Credit and Security Agreement, Credit and Security Agreement, Credit and Security Agreement
Deposit Account. If you are issued a secured Card, you have signed or will be required to sign a separate security agreement pledging a specific, non-withdrawable portion of your shares and/or deposits in BECU to secure your Card. The amount of the security for such a Card is the amount of your credit limit and you may not have any access to or control of that amount. Shares and/or deposits of a covered member of the armed forces or a dependent of such a member shall not be subject to any agreement by BECU to issue a secured card that is prohibited under the Military Lending Act.
Appears in 11 contracts
Samples: Credit and Security Agreement, Credit and Security Agreement, Credit and Security Agreement