MEMBER LIABILITY ON UNAUTHORIZED TRANSACTIONS. You are responsible for all EFT transactions you authorize. If you permit someone else to use an EFT service, your card or your access code, you are responsible for any transactions they authorize or conduct on any of your accounts. In order to maintain secure communications and reduce fraud, you agree to protect the security of your numbers, codes, marks, signs, passwords, or other means of identification. We reserve the right to block access to the EFT services to maintain or restore security to our systems if we reasonably believe your access codes have been or may be obtained or are being used or may be used by an unauthorized person(s). You will bear the liability or the risk of any error or loss of data, information, transactions or other losses that may be due to the failure of your computer system or third-party communications provider on which you may rely. Tell us AT ONCE if you believe your card has been lost or stolen, that an electronic fund transfer has been made without your permission, or if you believe someone has used your card or access code or otherwise accessed your accounts without your authority. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If a transaction was made with your card or card number without your permission, and was a Visa® transaction, you will have no liability for the transaction. For all other EFT transactions, including ATM transactions, your liability for an unauthorized transaction is determined as follows. If you tell us within two business days after you discover the loss or theft of your card, access code, or other access device – not including the day you learn of the loss or theft of your card, access code, or other access device -- you can lose no more than $50. If you fail to notify Teachers within two business days of the discovery, the lesser of $500 or: the sum of the amount of unauthorized transfers made within the first two business days, up to $50, and the amount of the unauthorized transfers made after two business days before notice to Teachers someone used your account without your permission. If you do NOT tell us within the two business days and we can evidence that we could have stopped someone from using your account without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, tell us at once. If you do not t...
