Common use of One Owner Accounts with Us Clause in Contracts

One Owner Accounts with Us. A one owner account is a savings, checking or term (certificate) account started and used by you alone, where typically you main- tain and own the funds in the account. As an owner you may con- duct transactions on and take actions to start, confirm, maintain, review, change, add and terminate the account, products and ser- vices. On your death, the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. You understand that it is your respon- sibility (and not our responsibility) to inform a representative of your estate about any account with us. Alternatively, you may designate a person or organization as a beneficiary/Payable on Death payee (POD payee) on an account with us, as reflected in our records. If you designate a beneficiary/POD payee on an account, on your death the beneficiary/POD payee may claim the funds in the ac- count upon presenting proof of death and ID. If the sole beneficiary/POD payee on an account dies before you, on your death the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. If the beneficiary/POD payee dies after you but before receiving funds in the account, the deceased beneficiary’s/POD payee’s es- xxxx may claim the funds in the account. If you designate more than one beneficiary/POD payee on the ac- count, on your death each beneficiary/POD payee may claim her or his (or its) equal share of the funds in the account by presenting proof of death of the owner and the beneficiary’s/POD payee’s ID. Each beneficiary’s/POD payee’s share of the funds in the account will be determined by dividing the amount of the funds in the ac- count by the number of beneficiaries/POD payees designated on the account. If a beneficiary/POD payee on an account with multiple beneficiar- ies/POD payees dies before you, on your death all of the funds in the account will go to and be evenly divided among the remaining living beneficiaries/POD payees on account (upon providing proof of death of any deceased beneficiary/POD payee). If all the beneficiar- ies/POD payees on an account die before you, on your death the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. If a beneficiary/POD payee dies after you but before receiving the deceased beneficiary’s/POD payee’s share of the funds in the account, the deceased beneficiary’s/POD payee’s estate may claim the deceased beneficiary’s/POD payee’s share of the funds in the account. You understand that it is your responsibility (and not our responsi- bility) to inform a person or organization that she, he or it is a ben- eficiary/POD payee on any account with us. If a beneficiary/POD payee on an account dies before you, it is also your responsibility to notify us and change the account if you desire to do so. Please be aware your beneficiary/POD payee designations in our records do not apply to any retirement account, which has separate bene- ficiary designations. As an owner you may maintain and take actions and conduct trans- actions on the account, products and services as we allow. You may also add an additional owner (or owners) to a one owner account. However, once you add an additional owner (or owners) to an ac- count, that account becomes a multiple owner account (please see Provision 4.b.). Finally, for any obligation owed to us, our rights take priority over all other claims to the funds in an account unless other- wise required by law (please see Provisions 18. and 22.).

One Owner Accounts with Us. A one owner account is a savings, checking or term (certificate) account started and used by you alone, where typically you main- tain maintain and own the funds in the account. As an owner you may con- duct conduct transactions on and take actions to start, confirm, maintain, review, change, add and terminate the account, products and ser- vicesservices. On your death, the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. You understand that it is your respon- sibility responsibility (and not our responsibility) to inform a representative of your estate about any account with us. Alternatively, you may designate a person or organization as a beneficiary/Payable on Death payee (POD payee) on an account with us, us as reflected in our records. If you designate a beneficiary/POD payee on an account, on your death the beneficiary/POD payee may claim the funds in the ac- count upon presenting proof of death and ID. If the sole beneficiary/POD payee on an account dies before you, on your death the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. If the beneficiary/POD payee dies after you but before receiving funds in the account, the deceased beneficiary’s/POD payee’s es- xxxx may claim the funds in the account. If you designate more than one beneficiarybenefi- ciary/POD payee on the ac- countaccount, on your death each beneficiary/POD payee may claim her or his (or its) equal share of the funds in the account by presenting proof of death of the owner and the beneficiary’s/POD payee’s ID. Each beneficiary’s/POD payee’s share of the funds in the account will be determined by dividing the amount of the funds in the ac- count account by the number of beneficiaries/POD payees designated on the account. If a beneficiary/POD payee on an account with multiple beneficiar- iesbeneficiaries/POD payees dies before you, on your death all of the funds in the account will go to and be evenly divided among the remaining living beneficiaries/POD payees on account (upon providing proof of death of any deceased beneficiary/POD payee). If all the beneficiar- iesbenefi- ciaries/POD payees on an account die before you, on your death the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. If a beneficiary/POD payee dies after you but before receiving the deceased beneficiary’s/POD payee’s share of the funds in the account, the deceased beneficiary’s/POD payee’s estate may claim the deceased beneficiary’s/POD payee’s share of the funds in the account. You understand that it is your responsibility (and not our responsi- bilityresponsibility) to inform a person or organization that shehe, he she or it is a ben- eficiarybenefi- ciary/POD payee on any account with us. If a beneficiary/POD payee on an account dies before you, it is also your responsibility to notify us and change the account if you desire to do so. Please be aware that your beneficiary/POD payee designations in our records do not apply to any retirement accountaccount or account life savings insur- ance, which has have separate bene- ficiary beneficiary designations. As an owner you may maintain and take actions and conduct trans- actions transactions on the account, products and services as we allow. You may also add an additional owner (or owners) to a one owner account. However, once you add an additional owner (or owners) to an ac- countaccount, that account becomes a multiple owner account (please see Provision 4.b.). Finally, for any obligation owed to us, our rights take priority over all other claims to the funds in an account unless other- wise otherwise required by law (please see Provisions 1819. and 22.).

One Owner Accounts with Us. A one owner account is a savings, checking or term (certificate) account started and used by you alone, where typically you main- tain and own the funds in the account. As an owner you may con- duct transactions on and take actions to start, confirm, maintain, review, change, add and terminate the account, products and ser- vices. On your death, the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. You understand that it is your respon- sibility (and not our responsibility) to inform a representative of your estate about any account with us. Alternatively, you may designate a person or organization as a beneficiary/Payable on Death payee (POD payee) on an account with us, us as reflected in our records. If you designate a beneficiary/POD payee on an account, on your death the beneficiary/POD payee may claim the funds in the ac- count upon presenting proof of death and ID. If the sole beneficiary/POD payee on an account dies before you, on your death the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized au- thorized by law. If the beneficiary/POD payee dies after you but before receiving funds in the account, the deceased beneficiary’s/POD payee’s es- xxxx may claim the funds in the account. If you designate more than one beneficiary/POD payee on the ac- countaccount, on your death each beneficiary/POD payee may claim her or his (or its) equal share of the funds in the account by presenting proof of death of the owner and the beneficiary’sbenefi- ciary’s/POD payee’s ID. Each beneficiary’s/POD payee’s share of the funds in the account will be determined by dividing the amount of the funds in the ac- count account by the number of beneficiaries/POD payees designated on the account. If a beneficiary/POD payee on an account with multiple beneficiar- ies/POD payees dies before you, on your death all of the funds in the account will go to and be evenly divided among the remaining living beneficiaries/POD payees on account (upon providing proof of death of any deceased beneficiary/POD payee). If all the beneficiar- iesbene- ficiaries/POD payees on an account die before you, on your death the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. If a beneficiary/POD payee dies after you but before receiving the deceased beneficiary’s/POD payee’s share of the funds in the account, the deceased beneficiary’s/POD payee’s estate may claim the deceased beneficiary’s/POD payee’s share of the funds in the account. You understand that it is your responsibility (and not our responsi- bilityre- sponsibility) to inform a person or organization that shehe, he she or it is a ben- eficiarybeneficiary/POD payee on any account with us. If a beneficiarybenefi- ciary/POD payee on an account dies before you, it is also your responsibility re- sponsibility to notify us and change the account if you desire to do so. Please be aware that your beneficiary/POD payee designations in our records do not apply to any retirement accountaccount or account life savings insurance, which has have separate bene- ficiary designationsbeneficiary designa- tions. As an owner you may maintain and take actions and conduct trans- actions on the account, products and services as we allow. You may also add an additional owner (or owners) to a one owner accountac- count. However, once you add an additional owner (or owners) to an ac- countaccount, that account becomes a multiple owner account (please see Provision 4.b.). Finally, for any obligation owed to us, our rights take priority over all other claims to the funds in an account ac- count unless other- wise otherwise required by law (please see Provisions 1819. and 22.).

One Owner Accounts with Us. A one owner account is a savings, checking or term (certificate) account started and used by you alone, where typically you main- tain and own the funds in the account. As an owner you may con- duct transactions on and take actions to start, confirm, maintain, review, change, add and terminate the account, products and ser- vices. On your death, the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. You understand that it is your respon- sibility (and not our responsibility) to inform a representative of your estate about any account with us. Alternatively, you may designate a person or organization as a beneficiary/Payable on Death payee (POD payee) on an account with us, as reflected in our records. If you designate a beneficiary/POD payee on an account, on your death the beneficiary/POD payee may claim the funds in the ac- count upon presenting proof of death and ID. If the sole beneficiary/POD payee on an account dies before you, on your death the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. If the beneficiary/POD payee dies after you but before receiving funds in the account, the deceased beneficiary’s/POD payee’s es- xxxx may claim the funds in the account. If you designate more than one beneficiary/POD payee on the ac- count, on your death each beneficiary/POD payee may claim her or his (or its) equal share of the funds in the account by presenting proof of death of the owner and the beneficiary’s/POD payee’s ID. Each beneficiary’s/POD payee’s share of the funds in the account will be determined by dividing the amount of the funds in the ac- count by the number of beneficiaries/POD payees designated on the account. If a beneficiary/POD payee on an account with multiple beneficiar- ies/POD payees dies before you, on your death all of the funds in the account will go to and be evenly divided among the remaining living beneficiaries/POD payees on account (upon providing proof of death of any deceased beneficiary/POD payee). If all the beneficiar- ies/POD payees on an account die before you, on your death the funds in the account will go to your estate and may be claimed by a representative of your estate or other claimant authorized by law. If a beneficiary/POD payee dies after you but before receiving the deceased beneficiary’s/POD payee’s share of the funds in the accountac- count, the deceased beneficiary’s/POD payee’s estate may claim the deceased beneficiary’s/POD payee’s share of the funds in the account. You understand that it is your responsibility (and not our responsi- bility) to inform a person or organization that she, he or it is a ben- eficiary/POD payee on any account with us. If a beneficiary/POD payee on an account dies before you, it is also your responsibility to notify us and change the account if you desire to do so. Please be aware your beneficiary/POD payee designations in our records do not apply to any retirement accountaccount or account life savings in- surance, which has have separate bene- ficiary beneficiary designations. As an owner you may maintain and take actions and conduct trans- actions on the account, products and services as we allow. You may also add an additional owner (or owners) to a one owner account. However, once you add an additional owner (or owners) to an ac- count, that account becomes a multiple owner account (please see Provision 4.b.). Finally, for any obligation owed to us, our rights take priority over all other claims to the funds in an account unless other- wise required by law (please see Provisions 18. and 22.).