Common use of ELECTRONIC FUNDS TRANSFER DISCLOSURE AND AGREEMENT Clause in Contracts

ELECTRONIC FUNDS TRANSFER DISCLOSURE AND AGREEMENT. As a valued member of GFA Federal Credit Union, you can take advantage of our many convenient electronic services. We are providing you with this Electronic Funds transfer (EFT) Disclosure and Agreement, as amended from time to time (“Agreement”), to inform you of the terms and conditions governing the use of our electronic transfer services. This Agreement takes the place of any prior agreements and disclosures governing the use of our electronic services. If you use or allow others to use the electronic services offered by GFA Federal Credit Union, you are agreeing to the terms and conditions of this Agreement. In this Agreement, the term “you” and “yours(s)” refer to you, the member, and the terms “we,” “us,” “our(s)” refer to the Credit Union. This Agreement applies if we have given you a plastic card and “PIN” (personal identification number) to access your account and/or you access your account by telephone or through our electronic branch. Here is some basic language you need to know to better understand this Agreement. An EFT occurs whenever you transfer your funds from one of your accounts using an ATM (automated teller machine), a POS (point of sale) terminal such as, for example, at a gas station where you “pay at the pump” or a department store sales counter, by telephone or over the Internet on a personal computer. GENERAL DISCLOSURES APPLICABLE TO ALL ELECTRONIC SERVICES HOW WE MAY AMEND THIS AGREEMENT If we need to change the terms and conditions of this Agreement and those changes result in a greater cost or liability to you or reduce any of the electronic services we offer, we will send you written notice explaining the change to the address as it appears on our records. Our written notice will be provided at least thirty (30) days prior to the change unless the change is immediately necessary to protect your account and our systems.