Common use of Joint Account Owner Liability Clause in Contracts

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds in the account. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we will automatically change the minor account status to a general membership when the minor reaches the age of majority. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we Account Access -

Joint Account Owner Liability. If an any item deposited in a joint account is returned unpaid, a joint unpaid or an account is overdrawn, or if we do not receive final payment on a any transaction, each of the owners, multiple account owners is jointly and severally, are severally liable to us the Credit Union for the amount of the returned item, overdraft, or unpaid amount amount, and any chargescharges and transaction, regardless of who initiated created the overdraft, deposited or cashed the item, or benefited from or initiated the transaction. A joint owner shall be responsible for returning any unused checks or access devices from any joint owner removed from the account. If any account owner is indebted to usthe Credit Union, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds in the accountCredit Union Payable on Death (POD)/Trust Account Designations. POD Accounts - A Payable on Death (POD) account or trust account designation is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, her or their lifetimes and, when the last account owner dies, payable to all and surviving POD or trust beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owedpayees. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD or trust beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account or the vesting of the beneficiary/payee’s interest in any account, except as otherwise provided by law. This paragraph does not apply to an account held on behalf of or held in the name of a trust. Accounts for Minors - We may require Minors. For any account established by or for a minor, the Credit Union reserves the right to require the minor account owner to be have his or her Social Security Number (SSN) or Tax Identification Number (TIN) and to have a parental joint account with an owner who has reached the age is at least eighteen (18) years of majority under state law and age, who shall be jointly and severally liable to us the Credit Union for any returned item, overdraft, or unpaid charges or amounts on such account. We For a joint account, all funds in the account shall be owned as a joint account with rights of survivorship. The Credit Union may pay make payments of funds directly to the minor without regard to his or her minority. Unless The Credit Union has no duty to inquire of the use or purpose of any transaction by the minor or joint account owner. The Credit Union will not honor any transaction request by a parent or guardian who is not a joint account owner. The minor account owner's Social Security Number (SSN) or parent Tax Identification Number (TIN) must be shown on the account. We will not change the account status when the minor reaches the age of majority, unless authorized in writing by all account owners. Uniform Transfers To Minors Account. A Uniform Transfers to Minors Account (UTMA) is an individual account ownercreated by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property in the account. The custodian has possession and control of the account for the exclusive right and benefit of the minor and barring a court order otherwise, is the guardian only party entitled to make deposits, withdrawals, or parent shall not have any account access rightsclose the account. We have no duty to inquire about the use or purpose of any transaction. If the custodian dies, we may suspend the account until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawal. Agency Designation. An agency designation on an account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Credit Union voting rights. We have no duty to inquire about the use or purpose of any transaction made by the agent. Deposit Requirements. Funds may be deposited to any account in any manner approved by the Credit Union in accordance with the requirements set forth in the “Rate Addendum and Schedule of Fees and Charges.” All owners agree that we will automatically change the minor account status accounts are non- assignable and nonnegotiable to a general membership when the minor reaches the age of majoritythird parties. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound Certificate accounts are governed by the terms of this Membership Agreement and to furnish usAgreement, upon request, a copy the terms of the written SSA authorization designating “Rate Addendum and Schedule of Fees and Charges,” and the representative payee terms and such other documents and authorizationsdisclosures on your certificate account receipt for each account, as we Account Access -which is incorporated herein by this reference.

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including an owner or all funds in the joint account, account regardless of who contributed the funds in the accountfunds. POD Accounts - Payable on Death/Trust Accounts. A Payable on Death (POD) or Trust account designation is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes lifetime and, when the last account owner dies, payable to all surviving POD beneficiariesor Trust beneficiary/payees unless subject to our right of set-off or a pledge payee. Upon the death of the funds in the account(s)last account owner, in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If if there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights the right of survivorship upon the death of the last account owner. Any POD or Trust beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account or the vesting of the beneficiary/payee’s interest in any account, except as otherwise provided by law. This paragraph does not apply to an account held on behalf of or in the name of a trust. Accounts for Minors - to Minors. We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction except as required by applicable law. We will not change the account status when the minor reaches the age of majority unless the change is authorized in writing by all account owners. Uniform Transfers to Minors Accounts. A Uniform Transfers to Minors Account (UTMA) is an individual account created by a custodian who deposits funds as an irrevocable gift to a minor. The minor whom the gift is made is the beneficiary of the custodial property in the account. The custodian has possession and control of the account for the exclusive right and benefit of the minor barring a court order otherwise, is the only party entitled to make deposits, withdrawals, or close the account. We have no duty to inquire about the use or purpose of any transaction. All owners agree that If the custodian dies, we may suspend the account, until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawal. We will automatically not change the minor account status to a general membership when the minor reaches the age of majority, unless authorized in writing by all account owners. All standard account products and services or Once the continuation age of products and services will be available based majority is reached, we may limit the type of transactions until action is taken on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we Account Access -account.

Joint Account Owner Liability. If an any item deposited in a joint account is returned unpaid, a joint unpaid or an account is overdrawn, or if we do not receive final payment on a any transaction, each of the owners, multiple account owners is jointly and severally, are severally liable to us Lexington for the amount of the returned item, overdraft, overdraft or unpaid amount and any charges, regardless of who initiated created the overdraft, deposit or cashed the item or benefited from the transaction. If any account owner is indebted to usLexington, we may enforce our its rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds in to the joint account. A POD Accounts - A Payable on Death (POD) account designation is an instruction to the Credit Union Lexington that a designated account is an individual or joint account so designated is payable to the owner(s) owner or owners during histheir lifetimes, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship and upon the death of the last account owner, payable to any named and surviving POD beneficiary designated on your Membership Signature Card. After the death of the last account owner, accounts payable to more than one POD beneficiary are owned jointly by such beneficiaries without right of survivorship. Any POD beneficiary/payee beneficiary designation shall not apply to Individual Retirement Accounts Account (IRAs)XXX) which shall be governed by a separate beneficiary designation. We are not obligated Lexington shall at no time have any obligation to notify any POD beneficiary/payee beneficiary of the existence of any account or vesting of the beneficiary’s interest in any account, except as otherwise provided by law. Accounts for Minors - We may require For any account established by or for a minor, Lexington reserves the right to require the minor account owner to be have a joint account with an owner who has reached the is at least eighteen (18) years of age of majority under state law and who shall be jointly and severally liable to us Lexington for any returned item, overdraft, overdraft or unpaid charges or amounts on such account. We For a joint account, all funds in the account shall be owned as a joint account with rights of survivorship unless otherwise indicated on the Membership Signature Card. Lexington may pay make payments of funds directly to the minor without regard to his or her minority. Lexington has no duty to inquire about the use or purpose of any transaction by the minor or joint account owner. Unless a parent or guardian or parent is an account owner, the parent or guardian or parent shall not have any account access rights. The minor account owner’s tax identification number must be shown on the Membership Signature Card. Lexington shall not change the account status when the minor reaches age eighteen (18), unless authorized in writing. • Uniform Transfers to Minors Account An account established as an Uniform Transfers to Minors Account (UTMA) is an individual custodial account established by a member as a custodian on behalf of a minor (a person under eighteen (18) years of age or as otherwise indicated by applicable law). The custodian shall open the minor’s account in the name of the minor, include the minor’s social security number, and must sign his or her own name on the Membership Signature Card. The minor must be in Lexington’s field of membership. The custodian shall control and transact on the account for the exclusive right and benefit of the minor and, barring a court order otherwise, is the only party entitled to make deposits to, withdrawals from, or close the account. Automatic Clearing House (ACH) withdrawals are prohibited from UTMA accounts. Lexington will not be responsible for or inquire about the custodian's transactions on behalf of the minor. If a custodian resigns and appoints a successor custodian, Lexington will require the parties to sign a Membership Signature Card to reflect the change of authority. In the event of the custodian's death, Lexington may place an administrative hold on the account until it receives instructions from any person authorized by law to withdraw funds or a court order authorizing such withdrawal. An agency designation, including but not limited to an agent appointed on forms we provide or a Representative Payee, on an account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Credit Union voting rights. We have no duty to inquire about the use or purpose of any transactiontransaction made by the agent. An attorney-in-fact under a power of attorney may also be authorized to make transactions as agent for any account owner. The power of attorney documents should address the powers of the attorney-in-fact and we may request any documents we need to determine whether any attorney-in-fact has been provided the appropriate authorization. Funds may be deposited to any account in any manner approved by the Credit Union in accordance with the requirements set forth on the Truth in Savings Account Disclosure. All owners accounts are non-assignable and non- negotiable to third parties. You agree not to deposit any substitute check or similar item that you have created, or for which no financial institution has provided any substitute check warranties and indemnity. If you do so, you agree to indemnify the Credit Union for all losses the Credit Union incurs in connection with the substitute check or item. The Credit Union shall not be responsible for deposits made by mail or night drop before or after business hours until the Credit Union actually receives them. In handling items for deposit or collection, the Credit Union only acts as your agent and assumes no responsibility beyond the exercise of ordinary care. The Credit Union will not be liable for default or negligence of any correspondent or for loss in transit, and each correspondent will only be liable for its own negligence. The Credit Union reserves the right to send any item for collection. You authorize the Credit Union, in its discretion, to accept transfers, checks and other items for deposit into any of your accounts, whether or not they are endorsed by all payees. You authorize the Credit Union to supply missing endorsements if the Credit Union chooses to supply such endorsements. The Credit Union will not accept any check payable to someone other than the account owner(s). No third-party checks will be negotiated. Endorsements must be placed in the space on the back of the check between the top edge and 1-1/2 inches from the top edge. The Credit Union may accept checks with endorsements outside this space. However, if any such endorsement or other markings you or any prior endorser make on the check cause any delay or error in processing the item for payment, you will be responsible for any loss incurred by the Credit Union due to the delay or error. All items or Automated Clearing House (ACH) transfers credited to your account are provisional and subject to our receipt of final settlement. If final settlement is not received, we reserve the right to charge your account for the amount of those items or ACH transfers and impose a return charge on your account. After we have received final payment, we refer to these deposits as collected items. If we may incur a fee to collect any item, we may charge such fee to your account. Lexington reserves the right to refuse or to return any or all items or fund transfers. Lexington shall have the right to charge back against your account all previously deposited items or other items endorsed by you that are returned to Lexington unpaid, regardless of whether the amount of the item has been available for your use. Deposits made on Sundays and Credit Union holidays will be credited to your account on the next business day. Deposits received night depositories or drop box, will be credited on the day funds are removed and processed by the Credit Union and are subject to adjustment based on our verification of the items deposited. Items drawn from an institution located outside the United States will not be accepted. You waive any notice of nonpayment, dishonor, or protest regarding any items purchased or received by the Credit Union for credit to your account or for collection. In order to access any account, the Credit Union must have an authorized signature of yours on a Membership Signature Card. The Credit Union is authorized to recognize your signature but will not be liable for refusing to honor any item or instruction of yours if we believe in good faith that the signature on such item or instruction is not genuine. If you open your account electronically and/or do not provide us with a physical signature, you agree that we will automatically change the minor may, without liability, accept as genuine any signature that appears to be yours, unless you have provided a proper stop payment order in accordance with this Agreement. If you give your account status number or account information to a general membership when third person, you authorize us to honor transactions initiated by the minor reaches third person even if you did not specifically authorize a particular transaction. You may withdraw or transfer funds from your accounts in any manner we permit (i.e. ATM/debit card, in person, by mail, automatic transfer, online banking or telephone, as applicable.) We may return as unpaid any check drawn on a form we do not provide, and you are responsible for any loss we incur handling such a check. We have the age right to review and approve any form of majoritypower of attorney and may restrict account withdrawals or transfers. All standard We are under no obligation to honor any power of attorney and may refuse to accept a power of attorney for reasonable cause. You agree that we may require any attorney-in-fact to sign an acknowledgment affidavit stating that the power of attorney is in full force and effective. The Credit Union may disregard information on any check other than the signature of the drawer and amount of the item and any magnetic encoded information. You agree the Credit Union does not fail to exercise ordinary care in paying an item solely because its procedures do not provide for sight examination of items. If offered, you may initiate or receive credits or debits to your account products via wire transfer or Automated Clearing House (ACH) transfer. You agree that if you receive funds by a wire or ACH transfer, Lexington is not required to notify you at the time the funds are received. Instead, the transfer will be shown on a periodic statement. You may contact us to determine whether a payment has been received. Electronic direct deposits made by ACH transfer will be made available for withdrawal by the settlement date the deposited funds were received. You agree that if Lexington does not receive final settlement for a transfer, we will reverse the provisional credit to your account, or you will repay the amount to Lexington. When you initiate a wire transfer, you may identify either the recipient or any financial institution by name and services by account or identifying number. Other information may be requested in order to send any wired funds. Lexington and other institutions may rely solely on the account or other identifying number you give as the proper identification number, even if it identifies a 3rd party or institution. We are not liable for errors, delays, interruptions, or transmission failures caused by 3rd parties or circumstances beyond our control including mechanical, electronic or equipment failure. Domestic wire transfers are governed by the Uniform Commercial Code Section 4A, and if the transfer is cleared through the Federal Reserve, those are governed by the Federal Reserve’s Regulation J. ACH transactions are governed by the rules of the National Automated Clearing House Association. You agree that the authorized transfer to or from your account will comply with all applicable federal and state laws or regulations including Office of Foreign Assets Control (OFAC) regulations. Cut-off times may apply to the receipt, execution and processing of funds transfers, payment orders, cancellations and amendments; however, if received after a cut-off time, may be treated as having been received on the next business day. Information regarding cut-off times is available upon request. We may need to suspend processing of a transaction for greater scrutiny or verification in accordance with applicable law, and this action may affect settlement or availability of the transaction. We may refuse requests to amend or cancel a payment order that we believe will expose Lexington to liability or loss. Any request to amend or cancel a payment order that we accept will be processed within a reasonable time after it is received. You agree to hold Lexington harmless from and indemnify Lexington for all losses and expenses resulting from any actual or attempted amendment or cancellation of a payment order. We may require you to follow a security procedure to execute a payment order or certain electronic funds transfer transactions. We will notify you of any such security procedures and you explicitly agree that our security procedures are commercially reasonable. If you feel there was an error with an Electronic Funds Transfer, (EFT), we request you notify the 3rd party first to rectify prior to the Credit Union taking action on the EFT. In case of errors or questions about your EFT transaction – Call or write us at Lexington Avenue Federal Credit Union, 0000 Xxxxxxxxx Xxxxxx, Xxxxxxxxx, XX 00000, (000)000-0000 as soon as you can if you think your statement or receipt is wrong, or if you need more information about a transaction listed on your statement or receipt. We must hear from you no later than 60 days after the first statement on which the problem or error appeared was sent to you • Tell us your name and account number • Describe the error or the continuation transaction you are unsure about and explain as clearly as you can why you believe it is in error or why you need more information • Tell us the dollar amount of products the suspected error • Give us the receipt, it applicable (ATM transactions). We will tell you the results of our investigation within 10 business days after we hear from you, and services we will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will re- credit your account within 10 business days for the amount you think is in error so that you have the use of the money during the time it takes to complete our investigation. If we ask you to put your complaint in writing and we do not receive it within 10 business days, we may not re-credit your account. If we determine that there was no error, we will send you a written explanation within 3 business days after we finish our investigation. If we have provisionally re-credited your account during the investigation and determine that there was no error, we will notify you of the date on which we will re-debit your account and the amount to be re-debited. You should make certain that your account contains sufficient funds to cover this debt. If an overdraft occurs during this period, we have the right to collect the amount from you. If this happens, your right to participate in the specific Program under which the debit was made will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to suspended, and you will not be bound by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and considered for reinstatement until you pay for all such other documents and authorizations, as we Account Access -debits.

Joint Account Owner Liability. If an a deposited item deposited in a joint account is returned unpaid, a joint an account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including an owner or all funds in the joint account, account regardless of who contributed the funds in the accountthem. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owedMinor Accounts. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We Sun East may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we We will automatically not change the minor account status to a general membership when the minor reaches the age of majority, unless authorized in writing by all account owners. Trust Account Designations. To establish a trust account with Sun East, the Trust instrument must be in writing and approved by the Credit Union. The Trust must be a revocable trust (unless a non- revocable trust is opened by order of the court). As a revocable trust the grantor, also known as the person or other entity that owns the assets to be held in the trust, may reserve the right to end the trust and get his/her money back. The grantor and trustee must all be within Sun East’s field of membership. The person who opens the account is designated the trustee and is the only person who may access the account. Upon death of the owner-trustee, the account is closed and frozen. It is payable to the beneficiary if he/she is of age upon presentation of a death certificate. Uniform Transfers/Gifts to Minors Account. A Uniform Transfers/ Gifts to Minors Account (UTMA/UGMA) is an individual account created by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property of the account. The custodian has possession and control of the account for the exclusive right and benefits of the minor and barring a court order otherwise, is the only party entitled to make deposits, withdrawals, or close the account. We have no duty to inquire about the use or purpose of any transaction. If the custodian dies, we may suspend the account, until we receive instructions from any person authorized by law to withdraw funds Agency Designation on an Account. An agency designation on an account is an instruction to us that the owner authorized another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Sun East voting rights. We have no duty to inquire about the use or purpose of any transaction made by the agent. Business Accounts. If the account holder is a corporation, unincorporated association, limited liability company, limited liability partnership, partnership or sole proprietorship, or other entity holding an account in any capacity other than an individual capacity, each person signing the account application or other account documents represents and agrees that: a. They are fully authorized to execute all documents in their stated capacity; b. They have furnished all documents necessary to demonstrate that authority; c. They will furnish any other documents in such form as Sun East may request from time to time; d. All standard documents delivered to Sun East in connection with the account products are true, accurate, complete, and services will be kept up-to- date and may be conclusively relied on by Sun East; e. Sun East will have no responsibility or duty to monitor the account or the continuation use of products and services funds paid from it, nor any liability for any act or omission by any such person. f. The account will not be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish usused either directly or indirectly in any internet gambling business or for any restricted transactions as defined in Regulation GG, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we Account Access -12 CRR Part 233.

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint the account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, charges regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, account regardless of who contributed the funds in the account. POD Accounts - A Payable on Death (POD) account or trust account designation is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, her or their lifetimes and, when the last account owner dies, payable to all and surviving POD beneficiariesor trust/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owedbeneficiary/payee. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD or trust beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account or the vesting of the beneficiary/payee’s interest in any account, except as otherwise provided by law. Accounts for Minors - We may require any This paragraph does not apply to an account held on behalf of or held in the name of a trust. A living trust is established by a minor to be a joint account with an owner who has reached the age of majority under state law law, and who shall treated as a distinct legal entity with a purpose and function all of its own. The Credit Union must have enough information from the living trust to determine the name of the trust, the grantors, trustees, successor trustees, and beneficiaries. To accomplish this, the trustees must complete an Application of Living Trust provided by the Credit Union. This Application must be jointly completed and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is notarized before opening an account owner, for a member's living trust. The Credit Union will not administer the guardian or parent shall living trust and will not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we will automatically change the minor account status to a general membership when the minor reaches the age of majority. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, keep a copy of the written SSA authorization designating original living trust on file. Grantor(s) and trustee(s) must clear a check reporting agency and the representative payee Credit Union retains the right to obtain a credit bureau report on each applicant. All grantors of either a revocable or irrevocable living trust must be members of the Credit Union as a primary owner of an open savings account in good standing. An account for a member's living trust has no voting rights, and such other cannot establish loans in the name of the trust. A member's living trust may not be a joint owner on any account. The living trust savings or money market may be used as overdraft for the checking account. There is no overdraft line-of-credit allowed on a living trust account. Debit/ATM cards are not allowed either. Death of Grantor: Upon the death of the last remaining grantor, appropriate court documents and authorizations, as we Account Access -death certificate must be presented by the trustee (or successor trustee) according to the terms of the trust agreement. The Credit Union will not be responsible for disbursing funds to the beneficiaries.

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds. Uniform Transfers/Gifts to Minors Account – A Uniform Transfers/Gifts to Minors Account (UTMA/UGMA) is an individual account created by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property in the account. POD Accounts - A Payable on Death (POD) The custodian has possession and control of the account for the exclusive right and benefit of the minor, and barring a court order otherwise, is an instruction the only party authorized to the Credit Union that an individual or joint account so designated is payable to the owner(s) during hismake deposits, herwithdrawals, or their lifetimes and, when close the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree If the custodian dies, we may suspend the account until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawals. Agency Designation on an Account – An agency designation on an account is an instruction to us that we will automatically change the minor owner authorizes another person to make transactions as agent for the account status owner regarding the accounts designated. An agent has no ownership interest in the account (s) or credit union voting rights. We have no duty to a general membership when inquire about the minor reaches the age use or purpose of majority. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound any transaction made by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we Account Access -agent.

Joint Account Owner Liability. If an any item deposited in a joint account is returned unpaid, a joint unpaid or an account is overdrawn, or if we do not receive final payment on a any transaction, each of the account owners, including any joint owners, is jointly and severally, are severally liable to us the Credit Union for the amount of the returned item, overdraft, or unpaid amount and any chargesfees, regardless of who initiated created the overdraft, deposited or cashed the item, or benefited from the transaction. If any account owner owner, including any joint owner, is indebted to usthe Credit Union, we may enforce our rights against any account of the indebted owner, including or all funds in the joint account, regardless of who contributed funds to the funds in the joint account. e. Joint Account Owner Information. You agree that if you provide your Personal Identification Number (“PIN”) or access code to a joint owner of your deposit account or another person, you understand and agree that person has full access to and your authorization to receive any deposit or loan account information of yours. The Credit Union has no responsibility to inquire about the person’s authority or permission to access your information and will not be liable for providing any account information access to such person. 5. Payable-on-Death Beneficiaries. A POD Accounts - A Payable on Death (POD) account designation is an instruction to the Credit Union that an individual or joint a designated account so designated is payable to the owner(s) owner or owners during histheir lifetimes, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship and upon the death of the last joint account owner, payable to any named and surviving POD beneficiary designated by you. Accounts payable to more than one POD beneficiary are owned jointly by such beneficiaries with rights of survivorship. Any POD beneficiary/payee beneficiary designation shall not apply to Individual Retirement XXX, Health Savings Accounts (IRAsHSA), Xxxxxxxxx Education Savings and certificate accounts, which shall be governed by a separate beneficiary designation. We are not obligated In the absence of a POD beneficiary on a certificate account, it will be governed by the POD beneficiary designation on the share savings account. The Credit Union shall at no time have any obligation to notify any POD beneficiary/payee beneficiary of the existence of any account except as otherwise provided by law. Accounts for Minors - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we will automatically change the minor account status to a general membership when the minor reaches the age of majority. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we Account Access -the

Joint Account Owner Liability. If an a deposited item deposited in a joint account is returned unpaid, a joint an account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including an owner or all funds in the joint account, account regardless of who contributed the funds in the accountthem. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owedMinor Accounts. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We Sun East may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we We will automatically not change the minor account status to a general membership when the minor reaches the age of majority, unless authorized in writing by all account owners. All standard Trust Account Designations. To establish a trust account products with Sun East, the Trust instrument must be in writing and services approved by the Credit Union. The Trust must be a revocable trust (unless a non- revocable trust is opened by order of the court). As a revocable trust the grantor, also known as the person or other entity that owns the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees assets to be bound by held in the terms trust, may reserve the right to end the trust and get his/her money back. The grantor, trustee and beneficiaries must all be within Sun East’s field of this Membership Agreement membership. The person who opens the account is designated the trustee and to furnish us, upon request, a copy is the only person who may access the account. Upon death of the written SSA authorization designating owner-trustee, the representative payee account is closed and such other documents frozen. It is payable to the beneficiary if he/she is of age upon presentation of a death certificate. Uniform Transfers/Gifts to Minors Account. A Uniform Transfers/ Gifts to Minors Account (UTMA/UGMA) is an individual account created by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property of the account. The custodian has possession and authorizationscontrol of the account for the exclusive right and benefits of the minor and barring a court order otherwise, as is the only party entitled to make deposits, withdrawals, or close the account. We have no duty to inquire about the use or purpose of any transaction. If the custodian dies, we Account Access -may suspend the account, until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawal. Agency Designation on an Account. An agency designation on

Joint Account Owner Liability. If an a deposited item deposited in a joint multiple party account is returned unpaid, a joint an account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including an owner or all funds in the joint account, jointly owned accounts regardless of who contributed the funds in the accountthem. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall shall, to the extent permitted by state law, be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transactiontransactions. All owners agree that we We will automatically not change the minor account status to a general membership when the minor reaches the age of majority, unless authorized in writing by all account owners. All standard If two or more of you create such an account, you own the account products jointly with rights of survivorship. Beneficiaries acquire the right to withdraw only if: (1) all persons creating the account die, and services (2) the beneficiary is then living. If two or more beneficiaries are named and survive the continuation death of products all persons creating the account, such beneficiaries will own the account in equal shares, without rights of survivorship. The person(s) creating this type of account reserves the right to (1) change beneficiaries, (2) change account types, and services (3) withdraw all or part of the deposit at any time. We will be available based on eligibilityusually require a separate authorization form designating the person(s) permitted to withdraw and the conditions required for withdrawal from any account in the name of a legal entity such as a partnership, corporation or other organization. Representative Xxxxx Accounts - The representative payee agrees We will honor the authorization according to be bound its terms until it is amended or terminated in writing by the terms of this Membership Agreement and to furnish us, upon request, a copy governing body of the written SSA authorization designating the representative payee and such other documents and authorizations, as we Account Access -organization.

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds in the account. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we will automatically change the minor account status to a general membership when the minor reaches the age of majority. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Access -

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds in the accountfunds. POD Accounts POD/TRUST ACCOUNT DESIGNATIONS - A Payable on Death (POD) account or trust account designation is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, is payable to all surviving POD or trust beneficiaries/payees unless subject to our right of set-off or a pledge payees. Upon the death of the funds in the account(s)last account owner, in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If if there is more than one (1) surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account ownersurvivorship. Any POD or trust beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors nor the vesting ACCOUNTS FOR MINORS - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent TRANSFERS TO MINORS LAW - A Missouri Transfers to Minors Law (MTML) Account is an individual account ownercreated by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property in the account. The custodian has possession and control of the account for the exclusive right and benefit of the minor and, barring a court order otherwise, is the guardian only party authorized to make deposits, withdrawals, or parent shall not have any account access rightsclose the account. We have no duty to inquire about the use or purpose of any transaction. All owners agree If the custodian dies, we may suspend the account until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawals. The account will terminate and be distributed in accordance with applicable law. AGENCY DESIGNATION ON AN ACCOUNT - An agency designation on an account is an instruction to us that we will automatically change the minor owner authorizes another person to make transactions as agent for the account status owner regarding the accounts designated. An agent has no ownership interest in the account(s) or credit union voting rights. We have no duty to a general membership when inquire about the minor reaches the age use or purpose of majority. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound any transaction made by the terms of this Membership Agreement and agent. DEPOSIT OF FUNDS REQUIREMENTS - Funds may be deposited to furnish usany account, upon requestin any manner approved by the Credit Union in accordance with the requirements set forth in the Truth-in-Savings Disclosure. Deposits made by mail, a copy of at night depositories, or at unstaffed facilities are not our responsibility until we receive them. We reserve the written SSA authorization designating the representative payee and such other documents and authorizations, as we Account Access -right to refuse or to return any deposit.

Joint Account Owner Liability. If an a deposited item deposited in a joint account is returned unpaid, a joint an account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including an owner or all funds in the joint account, account regardless of who contributed the funds in the accountthem. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owedMinor Accounts. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We Sun East may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we We will automatically not change the minor account status to a general membership when the minor reaches the age of majority, unless authorized in writing by all account owners. Trust Account Designations. To establish a trust account with Sun East, the Trust instrument must be in writing and approved by the Credit Union. The Trust must be a revocable trust (unless a non- revocable trust is opened by order of the court). As a revocable trust the grantor, also known as the person or other entity that owns the assets to be held in the trust, may reserve the right to end the trust and get his/her money back. The grantor and trustee must all be within Sun East’s field of membership. The person who opens the account is designated the trustee and is the only person who may access the account. Upon death of the owner-trustee, the account is closed and frozen. It is payable to the beneficiary if he/she is of age upon presentation of a death certificate. Uniform Transfers/Gifts to Minors Account. A Uniform Transfers/ Gifts to Minors Account (UTMA/UGMA) is an individual account created by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property of the account. The custodian has possession and control of the account for the exclusive right and benefits of the minor and barring a court order otherwise, is the only party entitled to make deposits, withdrawals, or close the account. We have no duty to inquire about the use or purpose of any transaction. Agency Designation on an Account. An agency designation on an account is an instruction to us that the owner authorized another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Sun East voting rights. We have no duty to inquire about the use or purpose of any transaction made by the agent. Business Accounts. If the account holder is a corporation, unincorporated association, limited liability company, limited liability partnership, partnership or sole proprietorship, or other entity holding an account in any capacity other than an individual capacity, each person signing the account application or other account documents represents and agrees that: a. They are fully authorized to execute all documents in their stated capacity; b. They have furnished all documents necessary to demonstrate that authority; c. They will furnish any other documents in such form as Sun East may request from time to time; d. All standard documents delivered to Sun East in connection with the account products are true, accurate, complete, and services will be kept up-to- date and may be conclusively relied on by Sun East; e. Sun East will have no responsibility or duty to monitor the account or the continuation use of products and services funds paid from it, nor any liability for any act or omission by any such person. f. The account will not be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish usused either directly or indirectly in any internet gambling business or for any restricted transactions as defined in Regulation GG, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we Account Access -12 CRR Part 233.