Passbook Savings Accounts. We record transactions for this account in your passbook or on a separate document. To make a passbook withdrawal, you must present the passbook and verify the balance before you leave. If you lose the passbook, inform us right away. We do not permit preauthorized transfers or any electronic fund transfers to or from this type of account. Every payment which we make to a person presenting your passbook to us with a signed withdrawal order will be valid, provided we exercise reasonable care. This means that if anyone obtains possession of your passbook and withdraws from your account by forging your signature on a withdrawal form, we will not be liable to you for the amount withdrawn unless you notified us that the passbook was lost prior to the withdrawal or we were negligent in permitting the withdrawal.
Passbook Savings Accounts. You can make withdrawals from any Passbook Savings Account in person by using our withdrawal slip and presenting your passbook, or by mail by sending a properly signed request and your passbook.
Passbook Savings Accounts. No EFTs are allowed on our Passbook Savings accounts.
Passbook Savings Accounts. We do not send periodic statements for Passbook Savings accounts because no EFTs are permitted on this type of deposit account. If you bring your passbook to us, we will record any transactions that have occurred to your passbook account since the last time you brought in your passbook.
