Common use of Fresh Start Checking Clause in Contracts

Fresh Start Checking. The account must be opened in person at a Cyprus Credit Union branch. The account is for individuals, not businesses. There is a $5 monthly fee. There is a $25 set-up fee. This checking account will not earn dividends. Government checks or known payroll where fund can be verified or come from a known source may be deposited to checking account. However, no other checks may be deposited to the check- ing account. If a non-government or non-payroll check is presented for deposit, it must be deposited in the member’s S1 saving account with minimum 10-day hold. No check cashing privileges, except as indicated above. Account holders may have a zero limit Visa Debit but no overdraft (L53) limit unless creditworthy. The member will not have Credit Union Service Center access. ChexSystems records:

Fresh Start Checking. The account must be opened in person at a Cyprus Credit Union branch. The account is for individuals, not businesses. There is a $5 monthly fee. There is a $25 set-up fee. This checking account will not earn dividends. Government checks or known payroll where fund can be verified or come from a known source may be deposited to checking account. However, no other checks may be deposited to the check- ing checking account. If a non-government or non-payroll check is presented for deposit, it must be deposited in the member’s S1 saving account with minimum 10-day hold. No check cashing privileges, except as indicated above. Account holders may have a zero limit Visa Debit but no overdraft (L53) limit unless creditworthy. The member will not have Credit Union Service Center access. ChexSystems records:

Fresh Start Checking. (S21). The account must be opened in person at a Cyprus Credit Union branch. The account is for individuals, not businesses. There is a $5 monthly fee. There is a $25 set-up fee. This checking account will not earn dividends. Government checks or known payroll where fund can be verified or come from a known source may be deposited to checking account. However, no other checks may be deposited to the check- ing account. If a non-government or non-payroll check is presented for deposit, it must be deposited in the member’s S1 saving account with minimum 10-day hold. No check cashing privileges, except as indicated above. Account holders may have a zero limit Visa Debit but no overdraft (L53) limit unless creditworthy. The member will not have Credit Union Service Center access. ChexSystems records:

Fresh Start Checking. (S21). The account must be opened in person at a Cyprus Credit Union branch. The account is for individuals, not businessesbusi- nesses. There is a $5 monthly fee. There is a $25 set-up fee. This checking account will not earn dividends. Government checks or known payroll where fund can be verified or come from a known source may be deposited to checking account. However, no other checks may be deposited to the check- ing checking account. If a non-government or non-payroll check is presented for deposit, it must be deposited in the member’s S1 saving account with minimum 10-day hold. No check cashing privileges, except as indicated above. Account holders may have a zero limit Visa Debit but no overdraft (L53) limit unless creditworthycredit- worthy. The member will not have Credit Union Service Center access. ChexSystems records: