Common use of Overdraft Service Clause in Contracts

Overdraft Service. We offer a discretionary overdraft service (the “Overdraft Service”) to cover overdrafts on your checking accounts. The Credit Union offers the Overdraft Service to eligible consumer checking account owners who qualify. The Overdraft Service is not offered to minors, fiduciary, or anyone who has caused a financial loss to the Credit Union, anyone with a past due loan payment at the Credit Union or anyone who has enrolled in a debt management program. The Overdraft Service is provided to qualified accounts automatically for checks; ACH and online transactions and you have the option to opt-out of the service at anytime. The Overdraft Service will be provided for debit card purchase transactions only if you expressly request ("opt-in") the Overdraft Service for these transactions.

Appears in 1 contract

Samples: Membership and Account Agreement

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Overdraft Service. We offer a discretionary overdraft service (the “Overdraft Service”) to cover overdrafts on your checking accounts. The Credit Union offers the Overdraft Service to eligible consumer checking account owners who qualify. The Overdraft Service is not offered to minors, fiduciary, or anyone who has caused a financial loss to the Credit Union, anyone with a past due loan payment at the Credit Union or anyone who has enrolled in a debt management program. The Overdraft Service is provided to qualified accounts automatically for checks; ACH and online transactions and you have the option to opt-out optout of the service at anytime. The Overdraft Service will be provided for debit card purchase transactions only if you expressly request ("opt-“opt- in") the Overdraft Service for these transactions.

Appears in 1 contract

Samples: Membership & Account Agreement

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Overdraft Service. We may offer a discretionary overdraft service (the “Overdraft Service”) to cover overdrafts on your checking accounts. The Credit Union offers the Overdraft Service to eligible consumer checking account owners who qualify. The Overdraft Service is not offered to minors, fiduciary, or anyone who has caused a financial loss to the Credit Union, anyone with a past due loan payment at the Credit Union or anyone who has enrolled in a debt management program. The Overdraft Service is provided to qualified accounts automatically for checks; ACH and online transactions and you have the option to opt-out of the service at anytime. The Overdraft Service will be provided for debit card purchase transactions only if you expressly request ("opt-in") the Overdraft Service Member Privilege for these transactions.

Appears in 1 contract

Samples: Membership and Account Agreement

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