Common use of Renewal Policies Clause in Contracts

Renewal Policies. Unless You have indicated otherwise, Your Account will renew automatically upon maturity, and You will not have a grace period following the maturity of Your Account during which You may make deposits into or withdrawals from Your Account without penalty. If Your Account will not renew automatically upon maturity, then the balance existing in Your Account at that time will be automatically transferred to Your Regular Savings Account for Savings Certificates and to an IRA Savings Account (opened in Your name at the time of maturity) for all other Certificate Accounts, subject to the dividend rates and fees of such Accounts. Transaction Limitations. Once Your Account is established, You may not make additional deposits into Your Account prior to maturity. Individual Retirement Accounts are also subject to limitations and/or penalties imposed by the Internal Revenue Service. Please see Your IRA Agreement or Your tax advisor for additional information. ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE THIS IS YOUR ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE. IT INCLUDES NECESSARY FEDERAL STATEMENTS AS REQUIRED BY THE ELECTRONIC FUND TRANSFER ACT (15 U.S.C. SECTION 1693 ET SEQ) AND ANY SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR CHECK CARD, ATM CARD, OUR 24-HOUR HOME BANKING SYSTEM (TELLER PHONE), 24-HOUR INTERNET BANKING SYSTEM (TELLER NET), OUR ELECTRONIC XXXX XXXXX SYSTEM (ELECTRONIC XXXX XXXXX), OUR ACCOUNT TO ACCOUNT TRANSFER SYSTEM (eTRANSFER), AND OUR MORTGAGE LOAN INFORMATION SYSTEM (MORTGAGE ACCESS) EACH WITH THEIR PERSONAL IDENTIFICATION NUMBER (PIN) AND/OR PASSWORD, AND ANY CHECKS YOU AUTHORIZE TO BE PROCESSED ELECTRONICALLY (E-CHECK). PLEASE BE CERTAIN TO READ THESE DISCLOSURES CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR.

Renewal Policies. Unless You have indicated otherwise, Your Account will renew automatically upon maturity, and You will not have a grace period following the maturity of Your Account during which You may make deposits into or withdrawals ACCOUNT DISCLOSURES (continued) from Your Account without penalty. If Your Account will not renew automatically upon maturity, then the balance existing in Your Account at that time will be automatically transferred to Your Regular Savings Account for Savings Certificates and to an IRA Savings Account (opened in Your name at the time of maturity) for all other Certificate Accounts, subject to the dividend rates and fees of such Accounts. Transaction Limitations. Once Your Account is established, You may not make additional deposits into Your Account prior to maturity. Individual Retirement Accounts are also subject to limitations and/or penalties imposed by the Internal Revenue Service. Please see Your IRA Agreement or Your tax advisor for additional information. ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE THIS IS YOUR ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE. IT INCLUDES NECESSARY FEDERAL STATEMENTS AS REQUIRED BY THE ELECTRONIC FUND TRANSFER ACT (15 U.S.C. SECTION 1693 ET SEQ) AND ANY SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR CHECK CARD, ATM CARD, OUR 24-HOUR HOME BANKING SYSTEM (TELLER PHONE), 24-HOUR INTERNET BANKING SYSTEM (TELLER NET), OUR ELECTRONIC XXXX XXXXX SYSTEM (ELECTRONIC XXXX XXXXX), OUR ACCOUNT TO ACCOUNT TRANSFER SYSTEM (eTRANSFER), AND OUR MORTGAGE LOAN INFORMATION SYSTEM (MORTGAGE ACCESS) EACH WITH THEIR PERSONAL IDENTIFICATION NUMBER (PIN) AND/OR PASSWORD, AND ANY CHECKS YOU AUTHORIZE TO BE PROCESSED ELECTRONICALLY (E-CHECK). PLEASE BE CERTAIN TO READ THESE DISCLOSURES CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR.

Renewal Policies. Unless You have indicated otherwise, Your Account will renew automatically upon maturity, and . You will not have a 10-calendar-day grace period following the after maturity of Your Account during which You may make deposits into or withdrawals transfer funds to and from Your Account without penalty. If GENERAL TERMS APPLICABLE TO ALL ACCOUNTS Member in Good Standing. The Account services described herein are available to those members in good standing with the Credit Union. We reserve the right to suspend services to a member who is not in good standing, which includes, but may not be limited to, members that have: • a delinquent loan; • a savings balance below the $5.00 minimum; • an unresolved deposited returned check; • any unpaid and uncollected Credit Union fees; • a negative balance on an account; • caused a financial loss to the Credit Union, Nonsufficient Funds Returns. Any Check or pre-authorized transfer, or transaction made through the use of Your debit Card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account will not renew automatically upon maturity, then the balance existing in when Your Account lacks sufficient collected funds to pay any such item may, at that time Our option, be returned or We may honor any such item. Regardless of whether We pay the item, You will be automatically transferred charged a fee. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Regular Savings Account for Savings Certificates that were finally settled that day, as described above in the "Deposit of Items" and to an IRA Savings "Collection and Processing of Items" sections of the Account (opened in Your name Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance." As credits and debits to Your Account are received by Us, We add them to and subtract them from Your actual balance. Examples of credits include, but are not limited to, electronic direct deposits, check deposits that have been fully and finally collected, ACH credits that have settled that day, and cash deposits made to one of Our tellers. Examples of debits include, but are not limited to, checks drawn on Your Account that are presented to Us for payment, electronic fund transfer (EFT) debit transactions (such as preauthorized payments and settled EFT debits), memo-posted EFT debits (EFT debits that We have authorized but which have not been settled), and Credit Union fees and charges. The result of this calculation at any given point in time is called Your "available balance." For the purpose of maturity) determining whether an overdraft has occurred, We use Your available balance. First, We add all of the settled credit transactions to the beginning actual balance. Then, We subtract all of the debit transactions that settled that day. We also subtract all of the pending debit transactions. This determines the available balance for all other Certificate Accountsoverdraft purposes. Each debit transaction that We process when Your Account has a negative available balance is an overdraft, subject to the dividend rates an overdraft charge. Subject to applicable law, You are responsible for paying any overdraft fees and charges assessed in connection with Our payment of an overdraft, as well as any NSF fees of such Accounts. Transaction Limitations. Once charged to Your Account when We dishonor and return an item for non- sufficient funds. It is established, You may not make additional deposits into Your responsibility to know Your Account prior to maturity. Individual Retirement Accounts are also subject to limitations and/or penalties imposed by the Internal Revenue Service. Please see Your IRA Agreement or Your tax advisor for additional information. ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE THIS IS YOUR ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE. IT INCLUDES NECESSARY FEDERAL STATEMENTS AS REQUIRED BY THE ELECTRONIC FUND TRANSFER ACT (15 U.S.C. SECTION 1693 ET SEQ) AND ANY SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR CHECK CARDbalance, ATM CARD, OUR 24-HOUR HOME BANKING SYSTEM (TELLER PHONE), 24-HOUR INTERNET BANKING SYSTEM (TELLER NET), OUR ELECTRONIC XXXX XXXXX SYSTEM (ELECTRONIC XXXX XXXXX), OUR ACCOUNT TO ACCOUNT TRANSFER SYSTEM (eTRANSFER), AND OUR MORTGAGE LOAN INFORMATION SYSTEM (MORTGAGE ACCESS) EACH WITH THEIR PERSONAL IDENTIFICATION NUMBER (PIN) AND/OR PASSWORD, AND ANY CHECKS YOU AUTHORIZE TO BE PROCESSED ELECTRONICALLY (E-CHECK). PLEASE BE CERTAIN TO READ THESE DISCLOSURES CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEARand if You have any questions You should contact a Credit Union representative.

Renewal Policies. Unless At the time Your Account is established, You have indicated otherwise, will select whether Your Account will or will not automatically renew at maturity. If You choose for Your Account to renew automatically upon at maturity, and You will not have a grace period of 10 calendar days following the maturity of Your Account during which You may Maturity Date to make withdrawals and/or deposits into or withdrawals from Your Account without penalty. If You choose for Your Account will not to renew automatically upon at maturity, then the entire balance existing in of Your Account at that time as of the Maturity Date will be automatically transferred to Your Regular primary Share Savings Account for Savings Certificates and to an IRA Savings Account (opened in Your name at the time of maturity) for all other Certificate AccountsAccount, subject to the dividend rates terms and fees conditions of such AccountsAccount, or We will issue You a check. Transaction Limitations. Once Your Account is established, You may not make additional deposits into to Your Account prior to maturitythe Maturity Date. Additional Information. Individual Retirement Accounts (IRAs), SEPs and Xxxxxxxxx Education Savings Accounts (ESAs) are also subject to limitations and/or penalties imposed by the Internal Revenue Service. Please see Your IRA IRA, SEP, or ESA Agreement or Your tax advisor for additional information. ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE THIS IS SPECIFIC TERMS APPLICABLE TO YOUR ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE3-YEAR STEP UP CERTIFICATE ACCOUNT Tiered Fixed Rate Information. IT INCLUDES NECESSARY FEDERAL STATEMENTS AS REQUIRED BY THE ELECTRONIC FUND TRANSFER ACT (15 U.S.C. SECTION 1693 ET SEQ) AND ANY SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR CHECK CARDThis Account is subject to a Tiered Fixed Rate. For the current dividend rates and corresponding APY, ATM CARDrefer to the accompanying Account Disclosure Rate Supplement which We have included with and made a part of this Disclosure. Once Your Account is established, OUR 24You may instruct Us to increase Your dividend rate to a level that is commensurate with a new 3-HOUR HOME BANKING SYSTEM (TELLER PHONE), 24-HOUR INTERNET BANKING SYSTEM (TELLER NET), OUR ELECTRONIC XXXX XXXXX SYSTEM (ELECTRONIC XXXX XXXXX), OUR ACCOUNT TO ACCOUNT TRANSFER SYSTEM (eTRANSFER), AND OUR MORTGAGE LOAN INFORMATION SYSTEM (MORTGAGE ACCESS) EACH WITH THEIR PERSONAL IDENTIFICATION NUMBER (PIN) AND/OR PASSWORD, AND ANY CHECKS YOU AUTHORIZE TO BE PROCESSED ELECTRONICALLY (E-CHECK)Year Step Up Certificate Account having a comparable term to maturity as Your Account. PLEASE BE CERTAIN TO READ THESE DISCLOSURES CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEARSuch increase will apply to the remaining term of Your Account. You may only increase Your dividend rate once during the term of Your Account.