Common use of Eligibility for Service Clause in Contracts

Eligibility for Service. You understand and agree that you must meet and maintain our qualifications in order to use the Service. You further understand that we use an automatic enrollment process to determine eligibility to use the Service and that you may lose access to the Service, either temporarily or permanently, if you do not meet our qualifications. If you do not meet our qualifications, you agree that you will not be able to use the Service and will need to mail in deposits, utilize an ATM, or bring checks to a branch location for deposit. In addition to other qualifications, you understand you must have a membership open for a minimum of 30 days and must not be in delinquency or default on any loans or accounts at Empower Federal Credit Union. Additional qualifications: • Must be at least 18 years of age • Must have both a share savings account with par value in it and a qualifying checking/share draft account: regular share draft, Premium Money Market with checks, Basic Business Checking, Business Checking with Dividends, Share Draft Checking Plus, HSA Checking, Business Money Market with checks, Business checking com core, Com Core Checking. You understand that your ability to utilize the Service may be limited or terminated at any time and that we do not need to notify you before taking such action. Guarantee Specific to Deposits Received for Credit to a Consumer or Business Account: Your use of the Service for the purpose of depositing to a consumer or business account constitutes the understanding and agreement that you are personally liable for any expenses Empower Federal Credit Union incurs in attempting to obtain final payment for the item in question, outside of the routine costs associated with item processing, in the event of a default by you and/or by your business. This includes, but is not limited to: (i) recovery of the amount credited in the event of non-payment, collection costs, and attorneys’ fees as applicable; and (ii) any and all costs associated with Empower enforcing this guarantee. This guarantee shall benefit Empower and its successors. Compliance with Law, Rules, and Regulations: You agree to comply with all existing and future operating procedures used by Empower for processing of transactions. You further agree to comply with, and be bound by, all applicable state or federal laws, rules, regulations, orders, guidelines, operating circulars and pronouncements, affecting checks, drafts, and ACH transactions, including, but not limited to, all rules and procedural guidelines established by the Federal Trade Commission (FTC), the Board of Governors of the Federal Reserve, the National Credit Union Administration and any other clearinghouse and/or other organization in which Empower is a member or to which rules Empower has agreed to be bound. These procedures, rules, and regulations (collectively the “Rules”) and laws are incorporated herein by reference. In the event of conflict between the terms of this agreement and the rules, the rules will control. You also agree that you will not engage in any activity directly or indirectly related to the use of the product or service that is illegal or fraudulent. You further understand and agree that your ability to use the Service may be limited or terminated as outlined in the Eligibility for Service and Termination of the Service sections.

Eligibility for Service. You understand and agree that you must meet and maintain our qualifications in order to use the Service. You further understand that we use an automatic enrollment process to determine eligibility to use the Service and that you may lose access to the Service, either temporarily or permanently, if you do not meet our qualifications. If you do not meet our qualifications, you agree that you will not be able to use the Service and will need to mail in deposits, utilize an ATM, deposits or bring checks to a branch location for deposit. In addition to other qualifications, you understand you must have a membership open for a minimum of 30 days and must not be in delinquency or default on any loans or accounts at Empower Federal Credit Union. Additional qualifications: • Must be at least 18 years of age • Must have both a share savings account with par value in it and a qualifying checking/share draft account: regular share draft, Premium Money Market with checks, Basic Business Checking, Business Checking with Dividends, Share Draft Checking Plus, HSA Checking, Business Money Market with checks, Business checking com core, Com Core Checking. You understand that your ability to utilize the Service may be limited or terminated at any time and that we do not need to notify you before taking such action. Guarantee Specific to Deposits Received for Credit to a Consumer or Business Account: Your use of the Service for the purpose of depositing to a consumer or business account constitutes the understanding and agreement that you are personally liable for any expenses Empower Oswego Teachers Employees Federal Credit Union incurs in attempting to obtain final payment for the item in question, outside of the routine costs associated with item processing, in the event of a default by you and/or by your business. This includes, includes but is not limited to: (i) recovery of the amount credited in the event of non-non- payment, collection costs, and attorneys’ fees as applicable; and (ii) any and all costs associated with Empower Oswego Teachers Employees enforcing this guarantee. This guarantee shall benefit Empower Oswego Teachers Employees and its successorssuccessors and assigns. Compliance with Law, Rules, and Regulations: You agree to comply with all existing and future operating procedures used by Empower Oswego Teachers Employees for processing of transactions. You further agree to comply with, and be bound by, all applicable state or federal laws, rules, regulations, orders, guidelines, operating circulars and pronouncements, affecting checks, drafts, and ACH transactions, including, but not limited to, all rules and procedural guidelines established by the Federal Trade Commission (FTC), the Board of Governors of the Federal Reserve, the National Credit Union Administration and any other clearinghouse and/or other organization in which Empower Oswego Teachers Employees is a member or to which rules Empower Oswego Teachers Employees has agreed to be bound. These procedures, rules, and regulations (collectively the “Rules”) and laws are incorporated herein by reference. In the event of conflict between the terms of this agreement and the rules, the rules will control. You also agree that you will not engage in any activity directly or indirectly related to the use of the product or service that is illegal or fraudulent. You further understand and agree that your ability to use the Service may be limited or terminated as outlined in the Eligibility for Service and Termination of the Service sections.