Common use of Signature Debit Card Transactions Clause in Contracts

Signature Debit Card Transactions. These are transactions where you make a purchase with your debit card that are processed through the Visa or MasterCard networks. You are typically asked to sign for these purchases like a credit card purchase. As described above, a merchant may seek prior authorization for asignature debit card transaction. When that happens, we generally reduce your available balance (but not your actual balance) by the amount authorized. We refer to this as an “authorization hold.” Authorization holds are processed as received throughout the day. At some point after you sign for the transaction, it is processed by the merchant and submitted to us for posting to your account. This can happen hours or sometimes days after you signed for it, depending on the merchant and its processing company. These payment requests are received in real time throughout the day and are posted to your account as they are received. Please note: the amount of an authorization hold may differ from the actual payment because the final transaction amount may not yet be known to the merchant when the authorization request is submitted. For example, if you use your card at a restaurant, a hold will be placed in the amount of the bill presented to you, but when the transaction posts it will include any tip that you may have added to the bill. Conversely, a gas station, hotel or rental car company, or other retail establishments may seek authorization in excess of the final payment amount. We cannot control how much a merchant asks us to authorize, or when and in what amount a merchant submits a transaction for payment. The fact that we put an authorization hold on your available balance does not mean the authorization is set aside and made available to pay the specific transaction authorized. The hold is simply a reduction in your available balance based on the fact that we have authorized a transaction and the Credit Union is therefore obligated to pay it when presented. o Debit card transactions can be recurring or nonrecurring. Recurring transactions are where you use your debit card to set up a recurring monthly payment, such as a gym membership. Nonrecurring transactions are one time transactions that are authorized each time you use your debit card. Using your debit card at a restaurant is an example of a one-time or nonrecurring transaction. We will rely on how the merchant characterizes the transaction for purposes of processing it and your only recourse for an improperly coded transaction is with the merchant who submitted it to us. This is a general description of how certain types of transactions are posted. These practices may change and we reserve the right to pay items in any order we chose as permitted by law. We may receive multiple deposit and withdrawal transactions on your account in many different forms throughout each business day. This means that you may be charged more than one Overdraft or Returned Item Fees if we pay multiple transactions when your account is overdrawn. You can be charged at most five Overdraft and/or Returned Item Fees per calendar day. We will decide to pay Overdrafts on a case-by-case basis, in our sole and absolute discretion. Even though we may have paid Overdrafts in the past, we are not obligated to continue doing so. For your Overdrafts cleared, you promise to immediately pay us all sums, including the fees and charges for this service advanced to you or any other person you permit to use your checking account and/or who causes an Overdraft on your checking account. We may terminate or suspend the Courtesy Pay services at any time without prior notice. In no event shall any termination of these services relieve you of your obligation to repay the amount of any Overdraft in your account plus Overdraft (Courtesy Pay) and Returned Item (NSF) Fees.

Signature Debit Card Transactions. These are transactions where you make a purchase with your debit card, and you do not enter your PIN, but you use your debit card that are processed through the Visa or MasterCard networks. You are typically asked to sign for these purchases like a credit card purchasethrough the VISA® network. And even though we call it a “signature” transaction, you do not have to actually sign for it to be treated as a signature transaction. These transactions occur any time you use your debit card without entering your PIN. As described above, a in these situations, the merchant may seek prior authorization for asignature debit card the transaction. When that happens, we generally reduce place a temporary hold against your available balance (but not in your actual balance) by the amount authorizedaccount. We refer to this temporary hold as an “authorization hold.,” Authorization holds and the amount of the authorization hold will be subtracted from your available balance. Authorizations are processed deducted from your available balance but do not affect your actual balance as they are received by us throughout the each day. At some point after you sign for the transactionpoint, it your signature transaction is processed by the merchant and submitted to us for posting to your account. This can happen hours or sometimes days after you signed for itmake the transaction, depending on the merchant and its processing company. These payment requests are received in real time throughout the day and are posted to your account as they are received. Please note: the amount of an authorization hold may differ from the actual payment because the final transaction amount may not yet be known to the merchant when the authorization request is submitted. For example, if you use your card at a restaurant, a hold will be placed in the amount of the bill presented to you, but when the transaction posts it will include any tip that you may have added to the bill. Conversely, a This may also be the case where you swipe your debit card at gas station, hotel or rental car company, or stations and hotels and other retail establishments may seek authorization in excess of the final payment amountestablishments. We cannot control how much a merchant asks us to authorize, or when and in what amount a merchant submits a transaction for payment. The fact that we put an authorization hold on your available balance does not mean the authorization is set aside and made available to pay the specific transaction authorized. The hold is simply a reduction in your available balance based on the fact that we have authorized a transaction and the Credit Union credit union is therefore obligated to pay it when presented. o Debit card transactions can be recurring or nonrecurring. Recurring transactions are where you use your debit card to set up a recurring monthly payment, such as a gym membership. Nonrecurring transactions are one time transactions that are authorized each time you use your debit card. Using your debit card at a restaurant is an example of a one-time or nonrecurring transaction. We will rely on how the merchant characterizes the transaction for purposes of processing it and your only recourse for an improperly coded transaction is with the merchant who submitted it to us. This is a general description of how certain types of transactions are posted. These practices may change change, and we reserve the right to pay items in any order we chose choose as permitted by law. We may receive multiple deposit and withdrawal transactions on your account in many different forms throughout each business day. This means that you may be charged more than one Overdraft or Returned Item Fees $30 fee if we pay multiple transactions when your account is overdrawn. You can be charged at most five Overdraft and/or Returned Item Fees per calendar day. We will decide to pay Overdrafts on a case-by-case basisChecks, in our sole ACH items, and absolute discretion. Even though we may have paid Overdrafts recurring debit card transactions are processed in the past, we are not obligated to continue doing so. For your Overdrafts cleared, you promise to immediately pay us all sums, including the fees and charges for this service advanced to you or any other person you permit to use your checking account and/or who causes an Overdraft on your checking account. We may terminate or suspend the Courtesy Pay services at any time without prior notice. In no event shall any termination of these services relieve you of your obligation to repay the amount of any Overdraft in your account plus Overdraft (Courtesy Pay) and Returned Item (NSF) Feessame manner.

Signature Debit Card Transactions. These are transactions where you make a purchase with your debit card that and you do not enter your PIN but you are processed through the Visa or MasterCard networks. You are typically instead asked to sign for the purchase . In these purchases like a credit card purchase. As described abovesituations, a the merchant may seek prior authorization for asignature debit card transactionthe transaction . When that happens, we generally reduce place a temporary hold against the available funds in your available balance (but not your actual balance) by the amount authorizedaccount . We refer to this temporary hold as an “authorization hold.,” Authorization holds and the amount of the authorization hold will be subtracted from the funds available for you to use or your “available balance”, which is described in the next paragraph . Authorizations are processed deducted from your available balance but not your current balance (which is also described in the next paragraph) as they are received by us throughout the dayeach day . At some point after you sign for the transaction, it is processed by the merchant and submitted to us for posting to your accountpayment . This can happen hours or sometimes days after you signed for it, depending on the merchant and its processing companycompany . These payment requests are received in real time throughout the day and are posted to your account as they are receivedreceived . Please note: the amount of an authorization hold may differ from the actual payment because the final transaction amount may not yet be known to the merchant when the authorization request is submittedsubmitted . For example, if you use your card at a restaurant, a hold will be placed in the amount of the bill presented to you, but when the transaction posts it will include any tip that you may have added to the billbill . Conversely, a This may also be the case where you swipe your debit card at gas station, hotel or rental car company, or stations and hotels and other retail establishments may seek authorization in excess of the final payment amount. We cannot control how much a merchant asks us to authorize, or when and in what amount a merchant submits a transaction for payment. The fact that we put an authorization hold on your available balance does not mean the authorization is set aside and made available to pay the specific transaction authorized. The hold is simply a reduction in your available balance based on the fact that we have authorized a transaction and the Credit Union is therefore obligated to pay it when presented. o Debit card transactions can be recurring or nonrecurring. Recurring transactions are where you use your debit card to set up a recurring monthly payment, such as a gym membership. Nonrecurring transactions are one time transactions that are authorized each time you use your debit card. Using your debit card at a restaurant is an example of a one-time or nonrecurring transaction. We will rely on how the merchant characterizes the transaction for purposes of processing it and your only recourse for an improperly coded transaction is with the merchant who submitted it to uspayment . This is a general description of how certain types of transactions are postedprocessed . These practices may change You authorize us to, and we reserve the right to pay items may, process checks or other payments against your account in any order we chose may choose, and we may change this order from time to time . For example, we may charge your checks or other payments or charges beginning with the smallest dollar transactions first . We may process certain types of transactions before other types (for example, we may deduct Bank fees and charges, followed by ATM and POS transactions, followed by other charges and/or other checks) . Processing includes placing a hold on your account, paying checks or other payments (and decisions regarding payment or return) and other aspects of our processing your checks or other charges (such as permitted by lawassessment of fees and charges for overdraft fees or charges for returning check or other charges) . Our order of processing your transactions may not be the order in which they occur, and the order in which transactions are processed and cleared can affect the total amount of fees (including overdraft fees) you incur . We may receive multiple deposit and withdrawal transactions on your account in many different forms throughout each business dayday . This means that you may be charged more than one Overdraft or Returned Item Fees overdraft fee if we pay multiple transactions when your account is overdrawnoverdrawn . You IF YOU DO NOT UNDERSTAND THIS AGREEMENT OR HAVE ANY QUESTIONS, PLEASE CONTACT US AT 000-000-0000 DURING BUSINESS HOURS, MONDAY THROUGH FRIDAY, 8 AM TO 5 PM, EXCLUDING HOLIDAYS . DO NOT OVERDRAW YOUR ACCOUNT . If you overdraw your account, our fees and charges can be charged expensive; therefore, you should make sure not to overdraw your account . This Section helps explain overdrafts and how they affect you, but an important thing for you to understand is that overdrafts are expensive, can cost you a lot of money and are not something we promise to pay or honor . There are ways to avoid overdrafts, including avoiding poor account management . If you would like more information on preventing and managing overdraft fees, visit the FDIC website at most five Overdraft and/or Returned Item Fees per calendar dayxxxx://xxx .fdic .gov/consumers/overdraft/ . We will decide offer overdraft protection plans through a linked sweep account or through a line of credit . Please refer to the “Sweep Accounts and Overdraft Protection Plans” Section of this Agreement for details on these overdraft protection plans . Additional terms and conditions for a line of credit overdraft protection plan may be provided to you separately . There are fees and charges if your transaction is covered using one of these overdraft protection plans, but they are normally less expensive and are a promise by us to honor (up to the available funds or credit limit) . Using one of these overdraft protection plans is normally a better way to manage your account than overdrawing your account . If you are interested, call us at 0-000-000-0000 during normal business hours to speak with a Bank representative about linking another account to avoid overdrafts or establishing a line of credit to cover overdrafts . An overdraft occurs when you do not have enough available funds on deposit in your account to pay Overdrafts checks and other payments that are being charged to your account . An overdraft is the negative balance that results . It can occur due to an ATM withdrawal, a debit card transaction, a preauthorized automatic debit, a telephone- or web-initiated transfer, a check, or paper or electronic transfers or withdrawal . When you conduct a transaction, make sure that you have enough available funds on deposit in your account (or under an overdraft plan) to cover the transaction and avoid the overdraft . Our standard overdraft practice comes with your account . On the one side are checks (and other transactions made using your checking account number), along with automatic bill payments such as automated clearing house (ACH) or recurring debit card transactions . On the other side are ATM transactions and everyday (that is, non-recurring) debit card transactions . In contrast to our overdraft protection plans, where we promise to cover an overdraft if there are available funds in your sweep account or available credit in a case-by-case basisline of credit, in under our sole and absolute discretion. Even though standard overdraft practices we may have paid Overdrafts in at our discretion cover an overdraft but do not promise to do so . On the past, we are not obligated to continue doing so. For your Overdrafts clearedother hand, you will see that we do not authorize and pay ATM and everyday debit card transactions presented for payment against insufficient available funds . Infrequently, exceptions to this may arise (and your ATM or debit card transaction might wind up approved or paid into overdraft) due to systems limitations, but you will not be charged an overdraft fee . Note again that we do not promise to immediately pay overdrafts under our standard overdraft practices . This includes overdrafts due to checks or automatic bill payments . Ask us all sumsto learn about our overdraft protection plans, including the which can be less expensive and may be more effective to cover transactions that might otherwise cause an overdraft . Overdraft fees and charges for this service advanced to you or any checks (and other person you permit to use transactions made using your checking account and/or who causes number) and automatic bill payments are in our “Fee Schedules” under the heading “NSF Charges .” You will see that there is a limit on the overdraft fees and charges . You will also see that we may impose fees that are based on individual transactions that overdraw your account as well as based on negative balance at end of day or over time . There are also charges for returning checks, ACH and recurring debit card transactions unpaid . These fees and charges can quickly add up and quickly become significant . Overdrafts are not “free .” A small transaction can become quite expensive if overdrafts occur due to the transaction . You need to avoid overdrafts and, if they occur, pay them off quickly . Processing your checks, other deposits and other payments is a dynamic environment that is complex and may change due to technological innovation, changes in payment systems or changes in our policies and practices, including our order of processing . Overdrafts can arise due to a number of factors, so bear in mind that: • You should not assume or expect that you will be able to avoid an Overdraft overdraft by making a covering deposit before your transaction settles with us . Your checks, for example, can clear very quickly – sometimes even on the same day as you deliver the check to a merchant or other payee . • Transactions may not be processed in the order in which they occur and the order in which transactions are processed and cleared can affect the total amount of overdraft fees incurred by you . • If you use an ATM or debit card, sometimes a hold is placed on your checking account . The hold amount may be more than the actual transaction, based on system processing methods and the type of transaction and the merchant involved . A hold can result in an overdraft, since “held” funds are not available . You should therefore check to be sure your funds are not being “held” if you are concerned that another transaction might cause an overdraft . • You can see an account balance online, via an ATM or by calling us . This account balance typically will not disclose the predetermined amount under the standard overdraft services, such as preauthorized overdraft transfers from a savings account, money market account, or line of credit . We • You may terminate not be able to tell if a particular transaction will or suspend may cause an overdraft . For example, a merchant point-of-sale terminal may not provide account balances, or a balance at an ATM may reflect yesterday’s balance information . Your bank account balance is continually changing, so any balances you see may not reflect current transactions or may otherwise be out of date . You can call us at 0-000-000-0000 during normal business hours if you want clearer information about your balances, to help avoid overdrafts . • You should not expect us to monitor or track your overdraft usage and to warn you or caution you if the Courtesy Pay usage pattern becomes excessive or high . On the other hand, we may contact you if this is the case, possibly to suggest an alternative arrangement such as one of our overdraft protection plans . • The predetermined amount under the standard overdraft services may change at any time without prior noticetime, increasing or decreasing . In no event shall any termination This is also true of our order of payment and processing . However, we do not manipulate these services relieve on a daily, or on a customer-by-customer basis, in order to maximize customer fees . • Our standard overdraft practices are NOT designed to help avoid your future financial challenges and should not be used by you that way . Extensive use of overdrafts is an indicator of poor account management and can result in significant expenses for you . For some of our customers and their accounts, we may allow overdrafts and not impose a fee or charge as an accommodation to the customer relationship . If you are interested in our overdraft practices as they apply to your obligation to repay the amount of any Overdraft in business accounts or relationship accounts, please contact your account plus Overdraft (Courtesy Pay) and Returned Item (NSF) Feesrelationship manager or local Bank branch during normal business hours .

Signature Debit Card Transactions. These are transactions where you make a purchase with your debit card that are processed through the Visa or MasterCard networks. You are typically asked to sign for these purchases like a credit card purchase. As described above, a merchant may seek prior authorization for asignature debit card transaction. When that happens, we generally reduce your available balance (but not your actual balance) by the amount authorized. We refer to this as an “authorization hold.” Authorization holds are processed as received throughout the day. At some point after you sign for the transaction, it is processed by the merchant and submitted to us for posting to your account. This can happen hours or sometimes days after you signed for it, depending on the merchant and its processing company. These payment requests are received in real time throughout the day and are posted to your account as they are received. Please note: the amount of an authorization hold may differ from the actual payment because the final transaction amount may not yet be known to the merchant when the authorization request is submitted. For example, if you use your card at a restaurant, a hold will be placed in the amount of the bill presented to you, but when the transaction posts it will include any tip that you may have added to the bill. Conversely, a gas station, hotel or rental car company, or other retail establishments may seek authorization in excess of the final payment amount. We cannot control how much a merchant asks us to authorize, or when and in what amount a merchant submits a transaction for payment. The fact that we put an authorization hold on your available balance does not mean the authorization is set aside and made available to pay the specific transaction authorized. The hold is simply a reduction in your available balance based on the fact that we have authorized a transaction and the Credit Union is therefore obligated to pay it when presented. o Debit card transactions can be recurring or nonrecurring. Recurring transactions are where you use your debit card to set up a recurring monthly payment, such as a gym membership. Nonrecurring transactions are one time transactions that are authorized each time you use your debit card. Using your debit card at a restaurant is an example of a one-time or nonrecurring transaction. We will rely on how the merchant characterizes the transaction for purposes of processing it and your only recourse for an improperly coded transaction is with the merchant who submitted it to us. This is a general description of how certain types of transactions are posted. These practices may change and we reserve the right to pay items in any order we chose as permitted by law. We may receive multiple deposit and withdrawal transactions on your account in many different forms throughout each business day. This means Check and ACH payment transactions that you may be charged more than one Overdraft or are returned unpaid are subject to a Returned Item Fees if (NSF) Fee. Frontwave Credit Union will charge only one NSF Fee per returned item. However, potential delays or errors by the third party merchant may cause multiple NSF fees to accrue for a single returned item. If Frontwave becomes aware that multiple fees were assessed for a single returned item, we pay multiple transactions when your account is overdrawnwill waive any subsequent NSF fees associated with that item. You can be charged at most five total Overdraft and/or Returned Item Fees per calendar day. We will decide to pay Overdrafts on a case-by-case basis, in our sole and absolute discretion. Even though we may have paid Overdrafts in the past, we are not obligated to continue doing so. For your Overdrafts cleared, you promise to immediately pay us all sums, including the fees and charges for this service advanced to you or any other person you permit to use your checking account and/or who causes an Overdraft on your checking account. We may terminate or suspend the Courtesy Pay services at any time without prior notice. In no event shall any termination of these services relieve you of your obligation to repay the amount of any Overdraft in your account plus Overdraft (Courtesy Pay) and Returned Item (NSF) Fees.

Signature Debit Card Transactions. These are transactions where you make a purchase with your debit card that and you do not enter your PIN but you are processed through the Visa or MasterCard networks. You are typically instead asked to sign for these purchases like a credit card the purchase. As described above, a in these situations, the merchant may seek prior authorization for asignature debit card the transaction. When that happens, we generally reduce place a temporary hold against the available funds in your available balance (but not your actual balance) by the amount authorizedaccount. We refer to this temporary hold as an “authorization hold.,” Authorization holds and the amount of the authorization hold will be subtracted from your available balance. Authorizations are processed deducted from your available balance but not your actual balance as they are received by us throughout the each day. At some point after you sign for the transaction, it is processed by the merchant and submitted to us for posting to your accountpayment. This can happen hours or sometimes days after you signed for it, depending on the merchant and its processing company. These payment requests are received in real time throughout the day and are posted to your account as they are received. Please noteThis is a general description of how certain types of transactions are posted. For example, in connection with our item posting process, we reserve the right to: (i) establish different categories of items, (ii) establish a posting order for each category of item(s), (iii) establish different posting orders for items within each category, and (iv) change the timing of when items are posted during the day and whether they are posted individually or in batches. Except to the extent limited by applicable law, we have the right to change any of the factors described in (i), (ii), (iii) and (iv) listed above at any time without notice to you. On any given business day, if we receive more than one item for payment and if we determine there are sufficient funds to pay one or more but not all of the items, then the number of items paid and the overdraft and returned item fees assessed could be affected by the order that we choose to post those items. We may choose our processing and posting orders regardless of whether additional fees may result. You can avoid overdraft fees by making sure that your account always has sufficient available funds to cover all of your withdrawals and debits. You should also consider enrolling in one of our optional overdraft protection plans, described in detail below, as a possible way to avoid certain overdraft fees. The amount of an authorization hold may differ from the actual payment transaction amount because the final actual transaction amount may not yet be known to the merchant when the authorization request is submitted. For example, if this can happen at a restaurant or a gas station, where your debit card is swiped before your actual transaction amount is known, because you use may choose to add a tip to a restaurant transaction or because the amount of gas you pump is unknown when your card at a restaurantis swiped. For these types of transactions, a hold will there may be placed in no authorization hold, or the amount of the bill presented to you, but when authorization hold may be different from the transaction posts it amount. In some other cases we may not receive an authorization request from the merchant, and there will include any tip that you may have added to the bill. Conversely, a gas station, hotel or rental car company, or other retail establishments may seek be no authorization hold reflected in excess of the final payment amountyour available balance. We cannot control how much a merchant asks us to authorize, or when and in what amount a merchant submits a transaction for payment. The fact that we put We are permitted to place an authorization hold on your available balance does account for up to three (3) business days (or for up to thirty (30) business days for certain types of debit card transactions, including but not mean limited to, car rental transactions, cash transactions and international transactions) from the time of the authorization or until the transaction is set aside and made available to pay paid from your account. However, if the specific transaction authorized. The hold is simply a reduction in not submitted for payment, we will release the authorization hold, which will increase your available balance based on until the fact that we have authorized a transaction and the Credit Union is therefore obligated to pay it when presented. o Debit card transactions can be recurring or nonrecurring. Recurring transactions are where you use your debit card to set up a recurring monthly payment, such as a gym membership. Nonrecurring transactions are one time transactions that are authorized each time you use your debit card. Using your debit card at a restaurant is an example of a one-time or nonrecurring transaction. We will rely on how submitted for payment by the merchant characterizes and finally posted to your account. If this happens, we must honor the prior authorization and will pay the transaction for purposes of processing it and from your only recourse for an improperly coded transaction is with the merchant who submitted it to us. This is a general description of how certain types of transactions are posted. These practices may change and we reserve the right to pay items in any order we chose as permitted by law. We may receive multiple deposit and withdrawal transactions on your account in many different forms throughout each business day. This means that you may be charged more than one Overdraft or Returned Item Fees if we pay multiple transactions when your account is overdrawn. You can be charged at most five Overdraft and/or Returned Item Fees per calendar day. We will decide to pay Overdrafts on a case-by-case basis, in our sole and absolute discretion. Even though we may have paid Overdrafts in the past, we are not obligated to continue doing so. For your Overdrafts cleared, you promise to immediately pay us all sums, including the fees and charges for this service advanced to you or any other person you permit to use your checking account and/or who causes an Overdraft on your checking account. We may terminate or suspend the Courtesy Pay services at any time without prior notice. In no event shall any termination of these services relieve you of your obligation to repay certain instances, when the amount of any Overdraft the authorization hold is either more or less than the amount of the actual transaction, we may maintain the authorization hold even after the purchase amount is actually paid from your account. However, in your account plus Overdraft these instances, we will not maintain an authorization hold for longer than three (Courtesy Pay3) and Returned Item business days (NSFor for up thirty (30) Feesbusiness days for certain transactions).

Signature Debit Card Transactions. These are transactions where you make a purchase with your debit card that and you do not enter your PIN but you are processed through the Visa or MasterCard networks. You are typically instead asked to sign for these purchases like a credit card the purchase. As described above, a in these situations, the merchant may seek prior authorization for asignature debit card the transaction. When that happens, we generally reduce your the available balance (but not in your actual balance) by the amount authorizedaccount. We refer to this as an “authorization hold.,” Authorization holds and the amount of the authorization hold will be subtracted from your available balance. Authorizations are processed deducted from your available balance but not your actual balance as they are received by us throughout the each day. At some point after you sign for the transaction, it is processed by the merchant and submitted to us for posting to your accountpayment. This can happen hours or sometimes days after you signed for it, depending on the merchant and its processing company. These payment requests are received in real time throughout the day and are posted to your account as they are received. Please note: the The amount of an authorization hold may differ from the actual payment because the final transaction amount may not yet be known to the merchant when the authorization request is submitted. For example, if you use your card at a restaurant, a hold will be placed in the amount of the bill presented to you, but when the transaction posts it will include any tip that you may have added to the bill. Conversely, a This may also be the case where you swipe your debit card at gas station, hotel or rental car company, or stations and hotels and other retail establishments may seek authorization in excess of the final payment amountestablishments. We cannot control how much a merchant asks us to authorize, or when and in what amount a merchant submits a transaction for payment. The fact that we put an authorization hold on your available balance does not mean the authorization is set aside and made available to pay the specific transaction authorized. The hold is simply a reduction in your available balance based on the fact that we have authorized a transaction and the Credit Union is therefore obligated to pay it when presented. o Debit card transactions can be recurring or nonrecurring. Recurring transactions are where you use your debit card to set up a recurring monthly payment, such as a gym membership. Nonrecurring transactions are one time transactions that are authorized each time you use your debit card. Using your debit card at a restaurant is an example of a one-time or nonrecurring transaction. We will rely on how the merchant characterizes the transaction for purposes of processing it and your only recourse for an improperly coded transaction is with the merchant who submitted it to us. This is a general description of how certain types of transactions are posted. These practices may change and we reserve the right to pay items in any order we chose choose as permitted by law. We may receive multiple deposit and withdrawal transactions on your account in many different forms throughout each business day. This means that you may be charged more than one Overdraft or Returned Item Fees fee if we pay multiple transactions when your account is overdrawn. The best way to know how much money you have and avoid paying overdraft fees is to record and track all of your transactions closely. IF YOU DO NOT UNDERSTAND THIS AGREEMENT OR HAVE ANY QUESTIONS, PLEASE CONTACT US AT (000) 000-0000. Stop Payment Order Request. You can may request a stop payment order on any item drawn on your account. To be charged at most five Overdraft and/or Returned Item Fees per calendar daybinding, an order must be dated, signed, and describe the account and draft number and the exact amount. We The stop payment will decide be effective if the Credit Union receives the order in time for the Credit Union to pay Overdrafts on a case-by-case basisact upon the order and you state the number of the account, in our sole number of the draft, and absolute discretionits exact amount. Even though we may have paid Overdrafts in You understand that the pastexact information is necessary for the Credit Union's computer to identify the item. If you give us incorrect or incomplete information, we are will not obligated be responsible for failing to continue doing sostop payment on the item. For your Overdrafts clearedIf the stop payment order is not received in time for us to act upon the order, you promise to immediately pay us all sums, including the fees and charges for this service advanced we will not be liable to you or to any other person party for payment of the draft. If we re-credit your account after paying a draft over a valid and timely stop payment order, you permit agree to use your checking account and/or who causes an Overdraft on your checking account. We may terminate or suspend sign a statement describing the Courtesy Pay services at any time without prior notice. In no event shall any termination of these services relieve you dispute with the payee, to transfer to us all of your obligation rights against the payee or other holders of the draft, and to repay assist us in any legal action. ACH Stop payment orders include transfers for Electronic Check Conversion, Post-Dated Items, Recurring Preauthorized EFT & Single Preauthorized EFT transfers. If an ACH Stop payment order is for recurring EFTs (all future EFTs), you understand that you must obtain written confirmation of the amount revocation from the Originating Company listed above within 14 days. If you do not provide this written confirmation to the Credit Union, you understand the Credit Union will honor subsequent debits. Preauthorized EFTs will never expire, unless you request a withdrawal of the request. If this stop payment order is for a Non- Clearing House check/draft, it will expire after 6 months unless renewed in writing. If a verbal stop-payment order is accepted at the Credit Union and you fail to complete and submit this written request for the stop payment order within 14 days, the credit union’s block on the payment shall be lifted and the credit union will issue payment to any Overdraft in your account plus Overdraft (Courtesy Pay) and Returned Item (NSF) Feespayee(s). An oral stop payment order ceases to be binding after 14 days if you fail to provide this written confirmation of the stop payment order.

Signature Debit Card Transactions. These are transactions where you make a purchase with your debit card that and you do not enter your PIN but you are processed through the Visa or MasterCard networks. You are typically instead asked to sign for these purchases like a credit card the purchase. As described above, a in these situations, the merchant may seek prior authorization for asignature debit card the transaction. When that happens, we generally reduce place a temporary hold against the available funds in your available balance (but not your actual balance) by the amount authorizedaccount. We refer to this temporary hold as an “authorization hold.,” Authorization holds and the amount of the authorization hold will be subtracted from your available balance. Authorizations are processed deducted from your available balance but not your actual balance as they are received by us throughout the each day. At some point after you sign for the transaction, it is processed by the merchant and submitted to us for posting to your accountpayment. This can happen hours or sometimes days after you signed for it, depending on the merchant and its processing company. These payment requests are received in real time throughout the day and are posted to your account as they are received. Please noteThis is a general description of how certain types of transactions are posted. For example, in connection with our item posting process, we reserve the right to: (i) establish different categories of items, (ii) establish a posting order for each category of item(s), (iii) establish different posting orders for items within each category, and (iv) change the timing of when items are posted during the day and whether they are posted individually or in batches. Except to the extent limited by applicable law, we have the right to change any of the factors described in (i), (ii), (iii) and (iv) listed above at any time without notice to you. On any given business day, if we receive more than one item for payment and if we determine there are sufficient funds to pay one or more but not all of the items, then the number of items paid and the overdraft and returned item fees assessed could be affected by the order that we choose to post those items. We may choose our processing and posting orders regardless of whether additional fees may result. You can avoid overdraft fees by making sure that your account always has sufficient available funds to cover all of your withdrawals and debits. You should also consider enrolling in one of our optional overdraft protection plans, described in detail below, as a possible way to avoid certain overdraft fees. The amount of an authorization hold may differ from the actual payment transaction amount because the final actual transaction amount may not yet be known to the merchant when the authorization request is submitted. For example, if this can happen at a restaurant or a gas station, where your debit card is swiped before your actual transaction amount is known, because you use may choose to add a tip to a restaurant transaction or because the amount of gas you pump is unknown when your card at a restaurantis swiped. For these types of transactions, a hold will there may be placed in no authorization hold, or the amount of the bill presented to you, but when authorization hold may be different from the transaction posts it amount. In some other cases we may not receive an authorization request from the merchant, and there will include any tip that you may have added to the bill. Conversely, a gas station, hotel or rental car company, or other retail establishments may seek be no authorization hold reflected in excess of the final payment amountyour available balance. We cannot control how much a merchant asks us to authorize, or when and in what amount a merchant submits a transaction for payment. The fact that we put We are permitted to place an authorization hold on your available balance does account for up to three (3) business days (or for up to thirty (30) business days for certain types of debit card transactions, including but not mean limited to, car rental transactions, cash transactions and international transactions) from the time of the authorization or until the transaction is set aside and made available to pay paid from your account. However, if the specific transaction authorized. The hold is simply a reduction in not submitted for payment, we will release the authorization hold, which will increase your available balance based on until the fact that transaction is submitted for payment by the merchant and finally posted to your account. If this happens, we have authorized a must honor the prior authorization and will pay the transaction and from your account. In certain instances, when the Credit Union amount of the authorization hold is therefore obligated either more or less than the amount of the actual transaction, we may maintain the authorization hold even after the purchase amount is actually paid from your account. However, in these instances, we will not maintain an authorization hold for longer than three (3) business days (or for up to pay it when presentedthirty (30) business days for certain transactions). o Debit card transactions can be recurring or nonrecurring. Recurring transactions are where you use your debit card to set up a recurring monthly payment, such as a gym membership. Nonrecurring transactions are one time transactions that are authorized each time you use your debit card. Using your debit card at a restaurant is an example of a one-time or nonrecurring transactionNSF TRANSACTIONS. We will rely on how the merchant characterizes the transaction for purposes of processing it and your only recourse for an improperly coded transaction is with the merchant who submitted it to us. This is a general description of how certain types of transactions are posted. These practices may change and we reserve the right to pay items in any order we chose as permitted by law. We may receive multiple deposit and withdrawal transactions on your account in many different forms throughout each business day. This means that you may be charged more than one Overdraft or Returned Item Fees if we pay multiple transactions when your account is overdrawn. You can be charged at most five Overdraft and/or Returned Item Fees per calendar day. We will decide to pay Overdrafts on a case-by-case basis, in our sole and absolute discretion. Even though we may have paid Overdrafts in the past, we are not obligated to continue doing sopay any item presented for payment if your account does not contain sufficient available funds. For If we do not authorize and pay an overdraft, then we decline or return the transaction or item unpaid and charge a related NSF Fee as stated in our Schedule of Fees and Charges. You are responsible for ensuring that your Overdrafts clearedaccount includes sufficient available funds to pay the transactions you initiate or authorize when they are processed for payment from your account, and you promise also acknowledge that the timing of when merchants or payees submit transactions to immediately pay us all sumsfor payment may vary. If your account does not have sufficient available funds when a transaction or item is presented to us for payment and, including as a result, returned unpaid, the fees merchant or payee of your transaction or item may choose to resubmit the same transaction, and charges for this service advanced to you or any other person you permit to use your checking account and/or who causes an Overdraft on your checking account. We may terminate or suspend the Courtesy Pay services at any time without prior noticedo so multiple times. In no the event shall any termination of these services relieve you of your obligation to repay the amount of any Overdraft in a transaction or item is resubmitted for payment at a time when your account plus Overdraft (Courtesy Pay) lacks sufficient available funds to pay it and Returned Item (NSF) Feeswe decline it; we will charge a related NSF Fee for each such resubmitted item each time that same transaction is returned unpaid.

Signature Debit Card Transactions. These are transactions where you I make a purchase with your my debit card that are processed through the Visa or MasterCard networks. You are typically and I do not enter my PIN but I am instead asked to sign for these purchases like a credit card the purchase. As described above, a in these situations, the merchant may seek prior authorization for asignature debit card the transaction. When that happens, we you generally reduce your place a temporary hold against the available balance (but not your actual balance) by the amount authorizedfunds in my account. We I will refer to this as an the section below entitled “authorization hold.Authorization Holds for Debit Card Transactions” Authorization holds are processed as received throughout the dayfor additional information regarding such holds. At some point after you I sign for the transaction, it is processed by the merchant and submitted to us you for posting to your accountpayment. This can happen hours or sometimes days after you I signed for it, depending on the merchant and its processing company. These payment requests are received in real time throughout the day and are posted to your my account as they are received. Please note: The foregoing is a general description of how certain types of transactions are posted. These practices may change and you reserve the right to pay items in any order you choose as permitted by law. card, based on the amount of the preauthorization request from the merchant. You refer to this temporary hold as an “authorization hold,” and the amount of the authorization hold will be subtracted from my available balance as authorization requests are received by you throughout each day. Until the transaction finally settles or you otherwise remove the hold (for example, you may remove the hold because it exceeds the time permitted, as discussed below, or you determine that it is unlikely to be processed), the funds subject to the hold will not be available to me for other purposes. At some point after I sign for the transaction, it is processed by the merchant and submitted to you for payment. This can happen hours or sometimes days after I signed for it, depending on the merchant and its processing company. These payment requests are received in real time throughout the day and are posted to my account as they are received. The amount of an authorization hold may differ from the actual payment transaction amount because the final actual transaction amount may not yet be known to the merchant when the authorization request is submitted. For example, if you use your this can happen in connection with transactions where my debit card is swiped before my actual transaction amount is known, such as at a restaurant or gas station (e.g., at a restaurant, I may choose to add a hold will tip to the transaction amount). For these types of transactions, there may be placed in no authorization hold, or the amount of the bill presented to you, but when authorization hold may be different from the transaction posts it will include any tip that amount. In some other cases, you may have added to not receive an authorization request from the billmerchant, and there will be no authorization hold reflected in my available balance. Conversely, a gas station, hotel or rental car company, or other retail establishments may seek authorization in excess of the final payment amount. We You cannot control how much a merchant asks us you to authorize, or when and in what amount a merchant submits a transaction for payment. The fact that we put You are permitted to place an authorization hold on your available balance does not mean the authorization is set aside and made available my account for up to pay the specific transaction authorized. The hold is simply a reduction in your available balance based on the fact that we have authorized a transaction and the Credit Union is therefore obligated three (3) business days (or for up to pay it when presented. o Debit card transactions can be recurring or nonrecurring. Recurring transactions are where you use your debit card to set up a recurring monthly payment, such as a gym membership. Nonrecurring transactions are one time transactions that are authorized each time you use your debit card. Using your debit card at a restaurant is an example of a one-time or nonrecurring transaction. We will rely on how the merchant characterizes the transaction thirty (30) business days for purposes of processing it and your only recourse for an improperly coded transaction is with the merchant who submitted it to us. This is a general description of how certain types of transactions are posteddebit card transactions) from the time of the authorization or until the transaction is paid from my account. These practices may change and we reserve However, if the right to pay items in any order we chose as permitted by law. We may receive multiple deposit and withdrawal transactions on your account in many different forms throughout each business day. This means that you may be charged more than one Overdraft or Returned Item Fees if we pay multiple transactions when your account transaction is overdrawn. You can be charged at most five Overdraft and/or Returned Item Fees per calendar day. We will decide to pay Overdrafts on a case-by-case basis, in our sole and absolute discretion. Even though we may have paid Overdrafts in the past, we are not obligated to continue doing so. For your Overdrafts clearedsubmitted for payment, you promise will release the authorization hold, which will increase my available balance until the transaction is submitted for payment by the merchant and finally posted to immediately pay us all sums, including the fees and charges for this service advanced to you or any other person you permit to use your checking account and/or who causes an Overdraft on your checking my account. We may terminate or suspend If this happens, you must honor the Courtesy Pay services at any time without prior noticeauthorization and will pay the transaction from my account. In no event shall any termination of these services relieve you of your obligation to repay certain instances, when the amount of any Overdraft the authorization hold is either more or less than the amount of the actual transaction, you may maintain the authorization hold even after the purchase amount is actually paid from my account. However, in your account plus Overdraft these instances, you will not maintain an authorization hold for longer than three (Courtesy Pay3) and Returned Item business days (NSFor for up thirty (30) Feesbusiness days for certain transactions).