Return of Deposits/Closed Accounts. We may, at any time, in our sole discretion, refuse to accept any deposit, or close any or all of your accounts with us without prior notice to you. If we close an account, we will notify you and send you a check for any balance in your account after deducting all applicable fees. Any withdrawal that reduces the amount in an account to zero (other than a checking account) may automatically close that account. We are not liable for any check, withdrawal or other payment order after an account is closed. Any checks or other payment orders presented after your account has been closed will be returned unpaid. We reserve the right to advise consumer reporting agencies and other third parties of accounts closed for misuse, with regard to all parties named on the accounts, without regard to which account owner(s) misused the account. Please refer to Subsection S (Termination) below for information regarding termination of accounts and membership from the Credit Union.
Return of Deposits/Closed Accounts. We may, at any time, in our sole discretion, refuse to accept any deposit, or close any or all of your accounts with us without prior notice to you. However, we may not terminate your membership in the Credit Union without satisfying the requirements of applicable law. If we close an account, we will notify you and send you a check for any balance in that account after deducting all applicable charges and fees. We may, in our discretion, exercise our right of setoff with regard to such amounts if we have such a right with regard to the account. Any withdrawal that reduces the amount in an account to zero (other than a Share Draft Account) may automatically close that account. We are not liable for any check, withdrawal or other payment order after an account is closed. Any checks or other payment orders presented after your account has been closed will be returned unpaid. We reserve the right to advise consumer reporting agencies and other third parties of accounts closed for misuse.
Return of Deposits/Closed Accounts. The amount needed to purchase a share in the credit union is $5.00. If your Regular Share Savings Account remains below $5.00 for more than thirty (30) days, we may consider that a voluntary withdrawal of your membership. We may, at any time, in our sole discretion, refuse to accept any deposit, or close any or all of your Accounts with us without prior notice to you and we may also restrict the services available if we choose to leave an Account open. However, we may not terminate your membership in the Credit Union without satisfying the requirements of applicable law. If we close an Account, we will notify you and send you a check for any balance in that Account after deducting all applicable charges and fees. We may, in our discretion, exercise our right of setoff with regard to such amounts if we have such a right with regard to the Account. Any withdrawal that reduces the amount in an Account to zero (other than a Checking Account) may automatically close that Account. We are not liable for any check, withdrawal or other payment order after an Account is closed. Any checks or other payment orders presented after your Account has been closed will be returned unpaid. We reserve the right to advise consumer reporting agencies and other third parties of accounts closed for misuse. Final Credit for Deposits All deposits are subject to proof and verification. If you deposit a check, draft or other non-cash item, we have the right to clear it before we make the money available to you subject to applicable federal law and regulations. If there are special fees for collecting your deposit, you promise to pay them (see the Fee Schedule for a list of fees). We may deduct them directly from the Account into which the deposit was made. If we feel there is a reason, we may refuse, limit or return any deposit. We have the right to refuse to accept any deposit. We specifically reserve the right to refuse to accept checks for deposit that have more than one endorsement; However we generally will not refuse to accept such a deposit if all of the endorsers are original payees on the check and all are owners of the Account into which the deposit is being made. We reserve the right not to pay interest or dividends on amounts subject to garnishment, levy or other legal process; and we reserve the right not to pay interest or dividends on the amount of any deposited item that is returned to us unpaid by the financial institution on which it is drawn (even if that means a r...
Return of Deposits/Closed Accounts. We may, at any time, in our sole discretion, refuse to accept any deposit, or close any or all of your accounts with us without prior notice to you. Provided, however, we may not terminate your membership in the Credit Union without satisfying the notice provisions of the Michigan Credit Union Act and related Bylaw provisions and regulations. If we close an account, we will notify you and send you a check for any balance in your account after deducting all applicable charges. Any withdrawal that reduces the amount in an account to zero may automatically close that account. We are not liable for any check, draft, withdrawal or other order after an account is closed. Any drafts presented after the account has been closed will be returned unpaid. We reserve the right to advise consumer or commercial reporting agencies and other third parties of accounts closed for misuse.
Return of Deposits/Closed Accounts. We may, at any time, in our sole discretion, refuse to accept any deposit, or close any or all of your accounts with us without prior notice to you. Provided, however, we may not terminate your membership in the Credit Union without satisfying the notice provisions of the Maryland Credit Union Act and related Bylaw Provisions and regulations. If we close an account, we will notify you and send you a check for any balance in your account after deducting all applicable charges. Any withdrawal that reduces the amount in an account to zero (other than a Share Draft Account) may automatically close that account. We are not liable for any draft, withdrawal or other order after an account is closed. Any drafts presented after your account has been closed will be returned unpaid. We reserve the right to advise consumer reporting agencies and other third parties of accounts closed for misuse.
Return of Deposits/Closed Accounts. We may, at any time, in our sole discretion, refuse to accept any deposit, or close any or all of your accounts with us without prior notice to you. However, we may not terminate your membership in the Credit Union without satisfying applicable legal requirements. If we close an account, we will notify you and send you a check for any balance in your account after deducting all applicable fees. Any withdrawal that reduces the amount in an account to zero (other than a Business Checking Account) may automatically close that account. We are not liable for any check, draft, withdrawal or other order after an account is closed. Any checks, or other payment orders presented after your account has been closed will be returned unpaid. We reserve the right to advise consumer or commercial reporting agencies and other third parties of accounts closed for misuse, with regard to all parties named on the accounts, without regard to which individual(s) misused the account. Please refer to “Termination” (subsection N) below for information regarding termination of accounts and membership from the Credit Union.
Return of Deposits/Closed Accounts. The amount needed to purchase a share in the credit union is $5.00. If your Regular Share Savings Account remains below $5.00 for more than thirty (30) days, we may consider that a voluntary withdrawal of your membership. We may, at any time, in our sole discretion, refuse to accept any deposit, or close any or all of your Accounts with us without prior notice to you and we may also restrict the services available if we choose to leave an Account open. However, we may not terminate your membership in the Credit Union without satisfying the requirements of applicable law. If we close an Account, we will notify you and send you a check for any balance in that Account after deducting all applicable charges and fees. We may, in our discretion, exercise our right of setoff with regard to such amounts if we have such a right with regard to the Account. Any withdrawal that reduces the amount in an Account to zero (other than a Checking Account) may automatically close that Account. We are not liable for any check, withdrawal or other payment order after an Account is closed. Any checks or other payment orders presented after your Account has been closed will be returned unpaid. We reserve the right to advise consumer reporting agencies and other third parties of accounts closed for misuse.
