Common use of Inactive and Abandoned Accounts Clause in Contracts

Inactive and Abandoned Accounts. If you have an account that you have not made a withdrawal from, deposit to, or transfer involving your account for more than six months and the Credit Union has been unable to con- tact you by regular mail during that period, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable law and set forth on the Rate and Fee Schedule. There- after, dividends will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed by the member. You authorize us to transfer funds from an avail- able account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and the Credit Union has had no other contact with you for three (3) years as required by the Uniform Unclaimed Property Act, the account will be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive and Abandoned Accounts. If you have an account that you have not made a withdrawal from, deposit to, renewal of, or transfer involving your account for more than six months and the Credit Union has been unable to con- tact you by regular mail during that periodtwelve (12) months, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable applicable law and set forth on the Rate and Fee Schedule. There- afterIf your account is classified as inactive and the Credit Union has been unable to contact you by regular mail during this period, the Credit Union may classify your account as dormant and may charge an inactive account service fee as allowed by law and set forth on the Rate and Fee Schedule. Thereafter, dividends or interest will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed by the member. You authorize us to transfer funds from an avail- able any available account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and the Credit Union has had no other contact with you for three (3) years as provided or as required by the Uniform Unclaimed Property Act, the account will be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if funds. If you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive and Abandoned Accounts. If you have an account that you have not made a withdrawal from, deposit to, renewal of, or transfer involving your account for more than six 9 months and the Credit Union has been unable to con- tact you by regular mail during that period, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable applicable law and set forth on the Rate Addendum and Fee ScheduleSchedule of Fees and Charges. There- afterIf your account is classified as inactive and the Credit Union has been unable to contact you during this period, the Credit Union may classify your account as dormant and may charge a dormant account service fee as allowed by law and set forth on the Rate Addendum and Schedule of Fees and Charges. Thereafter, dividends or interest will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed by the member. You authorize us to transfer funds from an avail- able account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and account, you have not otherwise indicated an interest in the account, or the Credit Union has had no other contact with you for within three (3) years as required by the Uniform Unclaimed Property Act, the account will may be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if funds. If you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive and Abandoned Accounts. If you have an account that you have not made a withdrawal from, deposit to, renewal of, or transfer involving your account for more than six months and the Credit Union has been unable to con- tact you by regular mail during that periodtwenty-four (24) months, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable applicable law and set forth on the Rate and Fee Schedule. There- afterIf your account is classified as inactive and the Credit Union has been unable to contact you by regular mail during this period, the Credit Union may classify your account as dormant and may charge a dormant account service fee as allowed by law and set forth on the Rate and Fee Schedule. Thereafter, dividends or interest will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed by the member. You authorize us to transfer funds from an avail- able any available account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and account, you have not otherwise indicated an interest in the account, or the Credit Union has had no other contact with you for within three (3) years as required by the Uniform Unclaimed Property Act, the account will be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if funds. If you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive and Abandoned Accounts. If you have an account that you have not made a withdrawal from, deposit to, renewal of, or transfer involving your account for more than six 12 months and the Credit Union has been unable to con- tact you by regular mail during that period, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable applicable law and set forth on the Rate Addendum and Fee ScheduleSchedule of Fees and Charges. There- afterIf your account is classified as inactive and the Credit Union has been unable to contact you during this period, the Credit Union may classify your account as dormant and may charge a dormant account service fee as allowed by law and set forth on the Rate Addendum and Schedule of Fees and Charges, Truth in Savings Disclosures and Schedule of Fees and Charges. Thereafter, dividends or interest will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed by the member. You authorize us to transfer funds from an avail- able account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and account, you have not otherwise indicated an interest in the account, or the Credit Union has had no other contact with you for within three (3) years as required by the Uniform Unclaimed Property Act, the account will may be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if funds. If you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive and Abandoned Accounts. If you have an account that you have not made a withdrawal from, deposit to, renewal of, or transfer involving your account for more than six months and the Credit Union has been unable to con- tact you by regular mail during that periodtwelve (12) months, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable applicable law and set forth on the Rate and Fee Schedule. There- afterIf your account is classified as inactive and the Credit Union has been unable to contact you by regular mail during this period, the Credit Union may classify your account as dormant and may charge a dormant account service fee as allowed by law and set forth on the Rate and Fee Schedule. Thereafter, dividends or interest will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed by the member. You authorize us to transfer funds from an avail- able any available account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and account, you have not otherwise indicated an interest in the account, or the Credit Union has had no other contact with you for within three (3) years as required by the Uniform Unclaimed Property Act, the account will be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if funds. If you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive and Abandoned Accounts. If you have an account that you have not made a withdrawal from, deposit to, or transfer involving your account for more than six twelve (12) months and the Credit Union has been unable to con- tact contact you by regular mail during that period, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable applicable law and set forth on the Rate and Fee Schedule. There- afterThereafter, dividends will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee fee, if applicable, until closed by the member. You authorize us to transfer funds from an avail- able available account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and the Credit Union has had no other contact with you for three (3) years as required by the Uniform Unclaimed Property Act, the account will be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive and Abandoned Accounts. If you have an account that you have not made a withdrawal from, deposit to, renewal of, or transfer involving your account for more than six 6 months and the Credit Union has been unable to con- tact you by regular mail during that period, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable applicable law and set forth on the Rate Addendum and Fee ScheduleSchedule of Fees and Charges. There- afterIf your account is classified as inactive and the Credit Union has been unable to contact you by regular mail during this period, the Credit Union may classify your account as dormant and may charge a dormant account service fee as allowed by law and set forth on the Rate Addendum and Schedule of Fees and Charges. Thereafter, dividends or interest will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed by the member. You authorize us to transfer funds from an avail- able account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and account, you have not otherwise indicated an interest in the account, or the Credit Union has had no other contact with you for within three (3) years as required by the Uniform Unclaimed Property Act, the account will may be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if funds. If you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive and Abandoned Accounts. If you have an account that you have not made a withdrawal from, deposit to, renewal of, or transfer involving your account for more than six 12 months and the Credit Union has been unable to con- tact you by regular mail during that period, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable applicable law and set forth on the Rate Addendum, Truth in Savings Disclosures and Fee ScheduleSchedule of Fees and Charges. There- afterIf your account is classified as inactive and the Credit Union has been unable to contact you during this period, the Credit Union may classify your account as dormant and may charge a dormant account service fee as allowed by law and set forth on the Rate Addendum, Truth in Savings Disclosures and Schedule of Fees and Charges. Thereafter, dividends or interest will not be paid on the account if the balance falls below any minimum balance requirement. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed by the member. You authorize us to transfer funds from an avail- able account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and account, you have not otherwise indicated an interest in the account, or the Credit Union has had no other contact with you for within three (3) years as required by the Uniform Unclaimed Property Act, the account will may be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if funds. If you choose to reclaim such funds, you must apply to the appropriate state agency.

Inactive and Abandoned Accounts. If you have an account that you and have not made a withdrawal from, deposit to, or transfer involving your account for more than six months one (1) year and the Credit Union has been unable to con- tact contact you by regular mail during that period, the Credit Union may classify your account as an inactive account and may charge an inactive account service fee as allowed by appli- cable applicable law and as set forth on in the Rate and Fee Schedule. There- afterThereafter, dividends will not be paid on the account if unless the balance falls below any minimum balance requirement. Accounts will continue to incur any applicable monthly maintenance fee until closed by the member. You authorize us to transfer funds from an available account of yours to cover the monthly maintenance fee, if necessary. The Credit Union will notify you at your last known address prior to imposing any fee as required by law. Checking accounts will continue to incur the monthly maintenance fee until closed by the member. You authorize us to transfer funds from an avail- able account of yours to cover the monthly maintenance fee, if necessary. If a deposit or withdrawal has not been made on the account and the Credit Union has had no other contact with you for three (3) years as required by the Uniform Unclaimed Property Act, the account will be presumed to be abandoned. Funds in abandoned accounts will be remitted in accordance with state law. Once funds have been turned over to the state, the Credit Union has no further liability to you for such funds and if you choose to reclaim such funds, you must apply to the appropriate state agency.