Common use of Electronic Funds Transfers Initiated By Third Parties Clause in Contracts

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or statement savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or statement savings account(s)

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's account. These transfers to make or receive payment may be one-one- time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or statement savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  Note for Online Rewards customers. The bank does its best to block payments from Payday Lending type merchants.  Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or statement savings account(s) ELECTRONIC FUND TRANSFERS (EFTs)

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  ● Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or statement savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  ● Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or statement savings account(s)) ● Electronic check conversion. You may authorize a merchant or other

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's par- xx’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank Credit Union information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank Credit Union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  • Preauthorized creditsCredits. You may make arrangements for certain direct deposits to be accepted into your checking or statement share savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  • Preauthorized paymentsPayments. You may make arrangements to pay certain recurring bills from your checking or statement share savings account(s).

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or statement savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or statement savings account(s)) Electronic check conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to:

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  ⚫ Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or statement savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  ⚫ Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or statement savings account(s)) ⚫ Electronic check conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to: (i) Pay for purchase.

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or statement savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or statement savings account(s)

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's ’s account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank Credit Union information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank Credit Union and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  • Preauthorized creditsCredits. You may make arrangements for certain direct deposits to be accepted into your checking or statement share savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  • Preauthorized paymentsPayments. You may make arrangements to pay certain recurring bills from your checking or statement share savings account(s).

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or statement savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or statement savings account(s))  Electronic check conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to: (i) Pay for purchase.

Electronic Funds Transfers Initiated By Third Parties. You may authorize a third party to initiate electronic funds transfers between your account and the third party's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. In some cases, your authorization can occur when the merchant posts a sign informing you of their policy. In all cases, the transaction will require you to provide the third party with your account number and bank information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your bank and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic funds transfers. Examples of these transfers include, but are not limited to:  Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking or statement savings account(s). You may call us at (000) 000-0000 to verify the transaction has occurred.  Note for Online Rewards customers. The bank does its best to block payments from Payday Lending type merchants.  Preauthorized payments. You may make arrangements to pay certain recurring bills from your checking or statement savings account(s)