Common use of ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE Clause in Contracts

ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE. This agreement is the contract which covers your and our rights and responsibilities concerning the electronic funds transfer (EFT) services offered to you by us. The word “account” means any one or more savings, health savings account (HSA), checking and IRA accounts you have with us. Electronic funds transfers are electronically initiated transfers of money from your account through the electronic funds transfer services described below. By signing your card, or using any service, each of you, jointly and individually, agree to the terms and conditions in this agreement and any amendments for the EFT services offered.