Common use of Preauthorized EFTs Clause in Contracts

Preauthorized EFTs. Direct Deposit. Upon instruction of (i) your employer or (ii) the Treasury Department or (iii) other financial institutions, the Credit Union will accept direct deposits of your paycheck or federal recurring payments, such as Social Security, to your share/share draft account. • Preauthorized Debits. Upon instruction, we will pay certain recurring transactions from your share/share draft account. • See Transfer Limitation section for transfer limitations that may apply to thesetransactions. • Stop Payment Rights. If you arranged in advance to make electronic fund transfers out of your account (s) for money you owe others, you may stop payment on preauthorized transfers from your account. You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of transfer. We may require written confirmation of the stop payment order to be made within 14 days of any oral notification. If we do not receive a written confirmation, the oral stop payment order shall cease to be binding 14 days after it has been made. A stop payment request for preauthorized Electronic Fund Transfers will apply to all subsequent transfers, unless you withdraw the request.

Preauthorized EFTs. Direct Deposit. Upon instruction of (i) your employer or employer, (ii) the Treasury Department or (iii) other financial institutions, the Credit Union will accept direct deposits of your paycheck or federal recurring payments, such as Social Security, to your share/share draft and/or checking account. • - Preauthorized Debits. Upon instruction, we will pay certain recurring transactions from your share/share draft and/or checking account. • - See Transfer Limitation section Section 2 for transfer limitations that may apply to thesetransactionsthese transactions. • - Stop Payment Rights. If you have arranged in advance to make electronic fund transfers out of your account (saccount(s) for money you owe others, you may stop payment on preauthorized transfers from your account. You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of the transfer. We may require written confirmation of the stop payment order to be made within 14 days of any oral notification. If we do not receive a the written confirmation, the oral stop payment order shall cease to be binding 14 days after it has been made. A stop payment request for preauthorized Electronic Fund Transfers will may apply to all subsequent a single transfer, multiple transfers, or all future transfers as directed by you, and will remain in effect unless you withdraw your request or all transfers subject to the requestrequest have been returned.

Preauthorized EFTs. Direct Deposit. Upon instruction of (i) your employer or employer, (ii) the Treasury Department or (iii) other financial institutions, the Credit Union will accept direct deposits of your paycheck or federal recurring payments, such as Social Security, to your share/share and share draft account. • Preauthorized Debits. Upon instruction, we will pay certain recurring transactions from your share/share and share draft accountaccounts. • See Transfer Limitation section Section 2 for transfer limitations that may apply to thesetransactionsthese transactions. • Stop Payment Rights. If you have arranged in advance to make regular electronic fund transfers out of your account (saccount(s) for money you owe others, you may stop payment on preauthorized transfers from your account. You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of the transfer. We may require written confirmation of the stop payment order to be made within 14 days of any oral notification. If we do not receive a the written confirmation, the oral stop payment order shall cease to be binding 14 days after it has been made. A stop payment request for preauthorized Electronic Fund Transfers will apply to all subsequent transfers, unless you withdraw the request.

Preauthorized EFTs. Direct Deposit. Upon instruction of (i) your employer or (ii) the Treasury Department or (iii) other financial institutions, the Credit Union will accept direct deposits of your paycheck or federal recurring payments, such as Social Security, to your share/share draft checking and/or savings account. • Preauthorized Debits. Upon instruction, we will pay certain recurring transactions from your share/share draft savings and/or checking account. • See Transfer Limitation section Section 2 for transfer limitations that may apply to thesetransactionsthese transactions. • Stop Payment Rights. If you have arranged in advance to make electronic fund funds transfers out of your account (saccount(s) for money you owe others, you may stop payment on of preauthorized transfers from your account. You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of the transfer. We may require written confirmation of the stop payment order to be made within 14 (14) days of any oral notification. If we do not receive a the written confirmation, the oral stop payment order shall cease to be binding 14 fourteen (14) days after it has been made. A stop payment request for preauthorized Electronic Fund Transfers will apply to all subsequent transfers, unless you withdraw the request.

Preauthorized EFTs. Direct Deposit. Upon instruction of (i) your employer or (ii) the Treasury Department or (iii) other financial institutions, the Credit Union will accept direct deposits of your paycheck or of federal recurring payments, such as Social Security, to your share/share or share draft account. • - Preauthorized Debits. Upon instruction, we will pay certain recurring transactions from your share/share and share draft account. • - See Transfer Limitation section Section 2 for transfer limitations that may apply to thesetransactionsthese transactions. • - Stop Payment Rights. If you have arranged in advance to make electronic fund transfers out of your account (saccount(s) for money you owe others, you may stop payment on of preauthorized transfers from your account. You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of the transfer. We may require written confirmation of the stop payment order to be made within 14 fourteen (14) days of any oral notification. If we do not receive a the written confirmation, the oral stop payment order shall cease to be binding 14 fourteen (14) days after it has been made. A stop payment request for preauthorized Electronic Fund Funds Transfers will apply to all subsequent transfers, unless you withdraw the request.

Preauthorized EFTs. Direct Deposit. Upon instruction of (i) your employer or (ii) the Treasury Department or (iii) other financial institutions, the Credit Union will accept direct deposits of your paycheck or federal recurring payments, such as Social Security, to your share/share draft account. • Preauthorized Debits. Upon instruction, we will pay certain recurring transactions from your share/share draft account. • See Transfer Limitation section for transfer limitations that may apply to thesetransactionsthese transactions. • Stop Payment Rights. If you arranged in advance to make electronic fund transfers out of your account (s) for money you owe others, you may stop payment on preauthorized p reauthorized transfers from your account. You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of transfer. We may require written confirmation of the stop payment order to be made within 14 days of any oral notification. If we do not receive a written confirmation, the oral stop payment order shall cease to be binding 14 days after it has been made. A stop payment request for preauthorized Electronic Fund Transfers will apply to all subsequent transfers, unless you withdraw the request.

Preauthorized EFTs. Direct Deposit. Upon instruction of (i) your employer or employer, (ii) the Treasury Department or (iii) other financial institutions, the Credit Union will accept direct deposits of your paycheck or federal recurring payments, such as Social Security, to your share/share and/or share draft account. • - Preauthorized Debits. Upon instruction, we will pay certain recurring transactions from your share/share and share draft account. • - See Transfer Limitation section Section 2 for transfer limitations that may apply to thesetransactionsthese transactions. • - Stop Payment Rights. If you have arranged in advance to make electronic fund transfers out of your account (saccount(s) for money you owe others, you may stop payment on preauthorized transfers from your account. You must notify us orally or in writing at any time up to three (3) business days before the scheduled date of the transfer. We may require written confirmation of the stop payment order to be made within 14 days of any oral notification. If we do not receive a the written confirmation, the oral stop payment order shall cease to be binding 14 days after it has been made. A stop payment request for preauthorized Electronic Fund Transfers will may apply to all subsequent a single transfer, multiple transfers, or all future transfers as directed by you, and will remain in effect unless you withdraw your request or all transfers subject to the requestrequest have been returned.