Common use of Membership Eligibility Clause in Contracts

Membership Eligibility. To be eligible for membership in the Credit Union you must be an individual or entity qualifying within the Credit Union's field of membership, must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain at least one share as required by Credit Union Bylaws. You authorize us to check your account, credit, and employment history and obtain a credit report from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request. Individual Accounts. An individual account is an account owned by one depositor, including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account owner's estate or Payable on Death (POD) beneficiary/payee or trust beneficiary, subject to other provisions of this agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's agent prior to notice of an owner's death and to any security interest or pledge granted by the account owner and subject to our statutory lien rights. Joint Accounts. An account owned by two or more persons is a joint account. Additional joint owners are owners on all accounts except IRAs. Rights of Survivorship. Unless otherwise stated on the Account Card or documented through the Credit Union’s online application and authentication process, a joint account includes rights of survivorship. This means that when one (1) owner dies, all sums in the account will pass to the surviving owner(s). For a joint account without rights of survivorship, the deceased owner’s interest passes to his or her estate. A surviving owner’s interest is subject to the Credit Union’s statutory lien for the deceased owner’s obligations and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable to the Credit Union for the amount of the returned item, overdraft, or unpaid amount, and any charges and transaction, regardless of who 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 the Credit Union, the Credit Union may enforce its rights against any or all funds in the joint account regardless of who contributed the funds to the joint account.

Membership Eligibility. To be eligible for membership in the Credit Union you must be an individual or entity qualifying within the Credit Union's field of membership, must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain at least one share as required by Credit Union Bylaws. You authorize us to check your account, credit, and employment history and obtain a credit report from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request. Individual Accounts. An individual account is an account owned by one depositor, including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account ownerdecedent's estate or Payable payable on Death death (POD) beneficiary/payee or trust beneficiary, subject to other provisions of this agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's agent prior to notice of an owner's death and to any security interest or pledge granted by the account owner and subject to our statutory lien rightsif applicable. Joint Accounts. An A joint account is an account owned by two (2) or more persons is a joint accountpersons. Additional joint owners are owners on all accounts except IRAs. Rights of Survivorship. Unless otherwise stated on the Account Card or documented through the Credit Union’s online application and authentication process, a A joint account includes rights of survivorship. This means that when one (1) owner diesincluding POD and trust accounts, all sums in the account will pass to the surviving owner(s). For a joint account without rights of survivorship, the deceased owner’s interest passes to his or her estate. A surviving owner’s interest is are subject to the Credit Union’s statutory lien Multiple Party Deposit Account Act, N.J.S.A.17:161-1 et seq. (P.L. 1979, C.491). The credit union shall have no liability for the deceased owner’s obligations and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable payments made pursuant to the Credit Union for the amount of the returned item, overdraft, or unpaid amount, and any charges and transaction, regardless of who created the overdraft, deposited or cashed the item, or benefited from or initiated the transactionAct. A joint Each owner shall be responsible for returning any unused checks or access devices from any joint owner removed has a present right to payment from the account. If any Each owner owns his or her net contribution to the account. Absent proof of net contribution or a specific agreement to the contrary, each party will own an equal share of the account. Rights of Joint Business Account Owners. Any joint business account owner is indebted authorized and deemed to act for the other owner(s) and the Credit UnionUnion may accept orders and instructions regarding the account and requests for future services from any other account owner. Each account owner guarantees the signature of the other owners. Any account owner may withdraw all funds in the account, stop payment on items drawn on an account, withdraw, or pledge all or any part of the shares of any account, including funds representing a membership share, without the consent of the other account owner(s) and the Credit Union shall have no duty to notify any other joint account owner(s). If the Credit Union receives written notice of a dispute between account owners or receives inconsistent instructions from them, the Credit Union may enforce its rights against any suspend or terminate the account, require a Court order to act, or require that all funds in the joint account regardless of who contributed owners agree in writing to any transaction concerning the funds to the joint account.

Membership Eligibility. To be eligible for membership in the Credit Union you must be an individual or entity qualifying within the Credit Union's field of membership, must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain at least one share as required by Credit Union Bylaws. You authorize us to check your account, credit, and employment history and obtain a credit report from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request. Individual Accounts. An individual account is an account owned by one depositor, including any individual, corporation, partnership, trust, partnership or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account owner's estate or Payable on Death (POD) beneficiary/payee or trust beneficiary, subject to other provisions of this agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's agent prior to notice of an owner's death and to any security interest or pledge granted by the account owner and subject to our statutory lien rights. Joint Accounts. An account owned by two or more persons is a joint account. Additional joint owners are owners on all accounts except IRAs. Rights of Survivorship. Unless otherwise stated on the Account Card or documented through the Credit Union’s online application and authentication process, a joint account includes rights of survivorship. This means that when one (1) owner dies, all sums in the account will pass to the surviving owner(s). For a joint account without rights of survivorship, the deceased owner’s interest passes to his or her estate. A surviving owner’s interest is subject to the Credit Union’s statutory lien for the deceased owner’s obligations and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable to the Credit Union for the amount of the returned item, overdraft, or unpaid amount, and any charges and transaction, regardless of who 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 the Credit Union, the Credit Union may enforce its rights against any or all funds in the joint account regardless of who contributed the funds to the joint account.

Membership Eligibility. To be eligible for membership in the Credit Union you must be an individual or entity qualifying within the Credit Union's field of membership, must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain at least one share as required by Credit Union Bylaws. You authorize us to check your account, credit, and employment history and obtain a credit report from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request. Individual Accounts. An individual account is an account owned by one depositor, including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account owner's estate or Payable on Death (POD) beneficiary/payee or trust beneficiary, subject to other provisions of this agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's agent prior to notice of an owner's death and to any security interest or pledge granted by the account owner and subject to our statutory lien rights. Joint Accounts. An A joint account is owned by two or more persons is a joint account. Additional joint owners are owners on all accounts except IRAspersons. Rights of Survivorship. For a joint account with rights of survivorship, you intend and agree that the balance in the account, upon the death of any party to the account, shall belong to the surviving party. If there are two (2) or more surviving parties, they shall take the account as joint tenants. Unless otherwise stated on the Account Card Membership Application or documented through the Credit Union’s online application and authentication process, a joint account includes rights of survivorship. This means that when one (1) owner dies, all sums in the account will pass to the surviving owner(s). For a joint account without rights of survivorship, the deceased owner’s interest passes to his or her estate. A surviving owner’s interest is subject to the Credit Union’s statutory lien for the deceased owner’s obligations and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable to the Credit Union for the amount of the returned item, overdraft, or unpaid amount, and any charges and transaction, regardless of who 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 the Credit Union, the Credit Union may enforce its rights against any or all funds in the joint account regardless of who contributed the funds to the joint account.

Membership Eligibility. To be eligible for membership in the Credit Union you must be an individual or entity qualifying within the Credit Union's field of membership, must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain at least one share as required by Credit Union Bylaws. You authorize us to check your account, credit, and employment history and obtain a credit report from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request. Individual Accounts. An individual account is an account owned by one depositor, including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account ownerdecedent's estate or Payable payable on Death death (POD) beneficiary/payee or trust beneficiary, subject to other provisions of this agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's agent prior to notice of an owner's death and to any security interest or pledge granted by the account owner and subject to our statutory lien rightsif applicable. Joint Accounts. An A joint account is an account owned by two (2) or more persons is a joint accountpersons. Additional joint owners are owners on all accounts except IRAs. Rights of Survivorship. Unless otherwise stated on the Account Card or documented through the Credit Union’s online application and authentication process, a A joint account includes rights of survivorship. This means that when one (1) owner diesincluding POD and trust accounts, all sums in the account will pass to the surviving owner(s). For a joint account without rights of survivorship, the deceased owner’s interest passes to his or her estate. A surviving owner’s interest is are subject to the Credit Union’s statutory lien Multiple Party Deposit Account Act, N.J.S.A.17:161-1 et seq. (P.L. 1979, C.491). The credit union shall have no liability for the deceased owner’s obligations and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable payments made pursuant to the Credit Union for the amount of the returned item, overdraft, or unpaid amount, and any charges and transaction, regardless of who created the overdraft, deposited or cashed the item, or benefited from or initiated the transactionAct. A joint Each owner shall be responsible for returning any unused checks or access devices from any joint owner removed has a present right to payment from the account. If any Each owner owns his or her net contribution to the account. Absent proof of net contribution or a specific agreement to the contrary, each party will own an equal share of the account. Removal of joint owners must be done in writing by the joint owner. Rights of Joint Business Account Owners. Any joint business account owner is indebted authorized and deemed to act for the other owner(s) and the Credit UnionUnion may accept orders and instructions regarding the account and requests for future services from any other account owner. Each account owner guarantees the signature of the other owners. Any account owner may withdraw all funds in the account, stop payment on items drawn on an account, withdraw, or pledge all or any part of the shares of any account, including funds representing a membership share, without the consent of the other account owner(s) and the Credit Union shall have no duty to notify any other joint account owner(s). If the Credit Union receives written notice of a dispute between account owners or receives inconsistent instructions from them, the Credit Union may enforce its rights against any suspend or terminate the account, require a Court order to act, or require that all funds in the joint account regardless of who contributed owners agree in writing to any transaction concerning the funds to the joint account.

Membership Eligibility. To be eligible for membership in the Credit Union Union, you must be an individual or entity qualifying within the Credit Union's ’s field of membership, must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), membership and must purchase and maintain at least one share with a par value of $5 (the Membership Share Account) as required by the Credit Union Union’s Bylaws. You authorize us to check your account, credit, and employment history and obtain More than one member can maintain their membership in one share account with a credit report from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request. par value of Individual Accounts. An individual account is an account owned by one depositor, depositor including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account owner's decedent’s estate or Payable payable on Death death (“POD”) beneficiary/payee or trust beneficiary, subject to other provisions of this agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's agent prior to notice of an owner's death and to any security interest or pledge granted by the account owner and subject to our statutory lien rightsif applicable. Joint Accounts. An account owned by two or more persons is a joint account. Additional Any account in which you request joint owners are owners on all accounts except IRAs. ownership with another party will be an individual account until the Credit Union receives an Account Card signed by you and the joint owner(s), at which time the account will be a jointly owned account and the following joint ownership rights will apply: Rights of Survivorship. Unless If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Account Card or documented through Card. If the Credit Union’s online application and authentication process, account is a joint account includes rights without right of survivorship. This means that when one (1) , the interest of a deceased owner dies, all sums in the account will pass to the surviving owner(s)decedent’s estate. For If the account is a joint account without rights with right of survivorship, upon the deceased ownerdeath of one of the joint account owners, that person’s interest passes to his or her estatewill become the property of the surviving joint account owners. A The surviving owner’s interest is subject to the Credit Union’s statutory lien for the deceased owner’s obligations obligations, and to any security interest or pledge granted by a the deceased owner, even if the surviving Rights of Joint Account Owners. Any joint account owner is authorized and deemed to act for the other owner(s). The Credit Union may accept orders and instructions regarding the account and requests for future services from any other account owner. Each account owner guarantees the signature of the other owners. Any account owner may withdraw all funds in the account (excluding funds representing membership share of another), stop payment on items drawn on an account, withdraw, or pledge all or any part of the shares of any account, without the consent of the other account owner(s) and the Credit Union shall have no duty to notify any other joint account owner(s). A security interest in account funds granted by one owner will continue in effect after that owner’s death, and takes priority over the survivorship interest of other owners. If the Credit Union receives written notice of a surviving owner did not consent dispute between account owners or receives inconsistent instructions from them, the Credit Union may suspend or terminate the account, require a Court order to itact or require that all joint account owners agree in writing to any transaction concerning the account. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable to the Credit Union for the amount of the returned item, overdraft, or unpaid amount, and any charges and transaction, regardless of who 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 the Credit Union, the Credit Union may enforce its rights against any or all funds in the joint account regardless of who contributed the funds to the joint account.joint

Membership Eligibility. To be eligible for membership in the Credit Union you must be an individual or entity qualifying within the Credit Union's ’s field of membership, must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain at least one share as required by Credit Union Bylaws. You authorize us to check your account, credit, and employment history and obtain a credit report from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request. Individual Accounts. An individual account is an account owned by one depositor, including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account owner's decedent’s estate or Payable payable on Death death (POD) beneficiary/payee or trust beneficiary, subject to other provisions of this agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's agent prior to notice of an owner's death and to any security interest or pledge granted by the account owner and subject to our statutory lien rightsif applicable. Joint Accounts. An A joint account is an account owned by two (2) or more persons is a joint accountpersons. Additional joint owners are owners on all accounts except IRAs. Rights of Survivorship. Unless otherwise stated on the Account Card or documented through the Credit Union’s online application and authentication process, a A joint account includes rights of survivorship. This means that when one (1) owner diesincluding POD and trust accounts, all sums in the account will pass to the surviving owner(s). For a joint account without rights of survivorship, the deceased owner’s interest passes to his or her estate. A surviving owner’s interest is are subject to the Credit Union’s statutory lien Multiple Party Deposit Account Act, N.J.S.A.17:161- 1 et seq. (P.L. 1979, C.491). The credit union shall have no liability for the deceased owner’s obligations and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable payments made pursuant to the Credit Union for the amount of the returned item, overdraft, or unpaid amount, and any charges and transaction, regardless of who created the overdraft, deposited or cashed the item, or benefited from or initiated the transactionAct. A joint Each owner shall be responsible for returning any unused checks or access devices from any joint owner removed has a present right to payment from the account. If any Each owner owns his or her net contribution to the account. Absent proof of net contribution or a specific agreement to the contrary, each party will own an equal share of the account. Rights of Joint Business Account Owners. Any joint business account owner is indebted authorized and deemed to act for the other owner(s) and the Credit UnionUnion may accept orders and instructions regarding the account and requests for future services from any other account owner. Each account owner guarantees the signature of the other owners. Any account owner may withdraw all funds in the account, stop payment on items drawn on an account, withdraw, or pledge all or any part of the shares of any account, including funds representing a membership share, without the consent of the other account owner(s) and the Credit Union shall have no duty to notify any other joint account owner(s). If the Credit Union receives written notice of a dispute between account owners or receives inconsistent instructions from them, the Credit Union may enforce its rights against any suspend or terminate the account, require a Court order to act, or require that all funds in the joint account regardless of who contributed owners agree in writing to any transaction concerning the funds to the joint account.

Membership Eligibility. To be eligible for membership in the Credit Union you must be an individual or entity qualifying within the Credit Union's ’s field of membership, membership and you must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain at least one share satisfy the membership qualifications as required by the Credit Union Union’s Bylaws. You authorize us to check your account, creditfinancial information data, and employment history and obtain about you by any means allowed by law, including obtaining a credit report or credit score from third parties, including credit any consumer reporting agencies, agency to verify your eligibility for the any accounts and services we offer or you request. Individual AccountsMembers with an unacceptable credit record or history of writing “non-sufficient funds” checks may not be eligible to open or maintain an account. An individual account is an account owned by one depositor, depositor including any individual, corporation, partnership, trust, or other organization individual person qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account ownerdecedent's estate or Payable payable on Death death (“POD”) beneficiary/payee or trust beneficiary, subject to other provisions of this agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's agent prior to notice of an owner's death and to any security interest or pledge granted by the account owner and subject to our statutory lien rights. Joint Accountsif applicable. An account owned by two or more persons is a joint account and governed by the Multiple Party Account Law. If your account is a joint account. Additional joint owners are owners on all accounts except IRAs. Rights of Survivorship. Unless otherwise stated on , the Account Card or documented through the Credit Union’s online application and authentication process, account is owned as a joint account includes rights with right of survivorship. This means Upon the death of one of the joint account owners, that when one (1) owner dies, all sums in person's interest will become the account will pass to property of the surviving joint account owner(s). For a Any joint account without rights of survivorship, the deceased owner’s interest passes owner is authorized and deemed to his or her estate. A surviving owner’s interest is subject to the Credit Union’s statutory lien act for the deceased owner’s obligations other owner(s) and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable to the Credit Union may accept orders and instructions regarding the account and requests for future services from any other account owner. Each account owner guarantees the amount signature of the returned itemother owners. Any account owner may withdraw all funds in the account, overdraftstop payment on items drawn on an account, withdraw, or unpaid amountpledge all or any part of the shares of any account, including funds representing a membership share, without the consent of the other account owner(s) and the Credit Union shall have no duty to notify any charges and transaction, regardless of who created the overdraft, deposited or cashed the item, or benefited from or initiated the transaction. A other joint owner shall be responsible for returning any unused checks or access devices from any joint owner removed from the accountaccount owner(s). If any account owner is indebted to the Credit UnionUnion receives written notice of a dispute between account owners or receives inconsistent instructions from them, the Credit Union may enforce its rights against any suspend or terminate the account, require a court order to act, or require that all funds in the joint account regardless of who contributed owners agree in writing to any transaction concerning the funds to the joint account.

Membership Eligibility. To be eligible for membership in the Credit Union you must be an individual or entity qualifying within the Credit Union's field of membership, must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain at least one share as required by Credit Union Bylaws. You authorize us to check your account, credit, and employment history and obtain a credit report from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request. In addition to obtaining your credit report information for purposes of the current account/loan application, you also expressly authorize us to use your credit report for the purpose of determining your eligibility for other loan products and services and communicating such eligibility to you. Individual Accounts. An individual account is an account owned by one depositor, including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account ownerdecedent's estate or Payable payable on Death death (POD) beneficiary/payee or trust beneficiary, if applicable and subject to other provisions of this agreement the Agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's ’s agent prior to notice of an owner's ’s death and to any security interest or pledge granted by the account owner owner, and subject to our statutory lien rights. Joint Accounts. An A joint account is an account owned by two (2) or more persons is persons. Each owner has a joint present right to payment from the account. Additional joint owners are owners on all accounts except IRAsEach owner owns his or her net contribution to the account. Absent proof of net contribution or a specific agreement to the contrary, each party will own an equal share of the account. Rights of Survivorship. Unless otherwise stated on the Account Card or documented through the Credit Union’s online application and authentication processIf your account is a joint account, you can elect to a joint account includes with rights of survivorship or without rights of survivorship. This means that when one (1) owner dies, all sums in the account will pass to the surviving owner(s). For a joint account without With rights of survivorship, upon the deceased owner’s death of one of the joint account owners, that person's interest passes to his or her estatewill become the property of the surviving joint account owners. Without rights of survivorship, upon the death of one of the joint account owners, that person's interest will become the property of the designated P.O.D if one has been made. A surviving owner’s interest is subject to the Credit Union’s our statutory lien for the deceased owner’s obligations and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable to the Credit Union for the amount of the returned item, overdraft, or unpaid amount, and any charges and transaction, regardless of who 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 the Credit Union, the Credit Union may enforce its rights against any or all funds in the joint account regardless of who contributed the funds to the joint account.

Membership Eligibility. To be eligible for membership in the Credit Union you must be an individual or entity qualifying within the Credit Union's field of membership, must have a valid Social Security Number (SSN) or Tax Identification Number (TIN), and must purchase and maintain at least one share as required by Credit Union Bylaws. You authorize us to check your account, credit, and employment history and obtain a credit report from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request. Individual Accounts. An individual account is an account owned by one depositor, including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the account owner's estate or Payable on Death (POD) beneficiary/payee or trust beneficiary, subject to other provisions of this agreement governing our protection for honoring transfer and withdrawal requests of an owner or owner's agent prior to notice of an owner's death and to any security interest or pledge granted by the account owner and subject to our statutory lien rights. Joint Accounts. An account owned by two or more persons is a joint account. Additional joint owners are owners on all accounts except IRAsIRAs and business accounts. Rights of Survivorship. Unless otherwise stated on the Account Card or documented through the Credit Union’s online application and authentication process, a joint account includes rights of survivorship. This means that when one (1) owner dies, all sums in the account will pass to the surviving owner(s). For a joint account without rights of survivorship, the deceased owner’s interest passes to his or her estate. A surviving owner’s interest is subject to the Credit Union’s statutory lien for the deceased owner’s obligations and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it. Joint Account Owner Liability. If any item deposited in a joint account is returned unpaid or an account is overdrawn, or if we do not receive final payment on any transaction, each of the multiple account owners is jointly and severally liable to the Credit Union for the amount of the returned item, overdraft, or unpaid amount, and any charges and transaction, regardless of who 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 the Credit Union, the Credit Union may enforce its rights against any or all funds in the joint account regardless of who contributed the funds to the joint account.Union