Common use of Member Repayment Responsibility Clause in Contracts

Member Repayment Responsibility. You agree your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balance within 45 days of notice from us, we may immediately suspend the Privilege Pay service. Accounts may be closed for failure to repay overdraft balances and we will report account closures to consumer reporting agencies.

Appears in 1 contract

Samples: Membership and Account Agreement

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Member Repayment Responsibility. You agree your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balance within 45 20 days of notice from us, we may immediately suspend the Privilege Courtesy Pay service. Accounts may be closed for failure to repay overdraft balances and we will report account closures to consumer reporting agencies.

Appears in 1 contract

Samples: www.oneazcu.com

Member Repayment Responsibility. You agree your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balance within 45 30 days of notice from us, we may immediately suspend the Privilege Pay service. Accounts may be closed for failure to repay overdraft balances and we will report account closures to consumer reporting agencies.

Appears in 1 contract

Samples: stcu.org

Member Repayment Responsibility. You agree your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balance within 45 30 days of notice from us, we may immediately suspend the Overdraft Privilege Pay service. Accounts may be closed for failure to repay overdraft balances and we will report account closures to consumer reporting agencies.

Appears in 1 contract

Samples: Mvfcu Membership and Account Agreement

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Member Repayment Responsibility. You agree your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balance within 45 35 days of notice from us, we may immediately suspend the Privilege Pay serviceEOD. Accounts may be closed for failure to repay overdraft balances and we will may report account closures unpaid balances to consumer reporting agencies.

Appears in 1 contract

Samples: Agreement

Member Repayment Responsibility. You agree your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balance within 45 50 days of notice from us, we may immediately suspend the Privilege Pay serviceEOD. Accounts may be closed for failure to repay overdraft balances and we will may report unpaid account closures balances to consumer reporting agencies.

Appears in 1 contract

Samples: Agreement

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