SPECIAL NOTICE REGARDING ENDORSEMENT STANDARDS. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you or a prior endorser on the back of the check. In the event that you draw a check on your checking or loan account with us, you are responsible for any delay or misrouting of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or misrouting.
SPECIAL NOTICE REGARDING ENDORSEMENT STANDARDS. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing my deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing me) can be used by me for endorsements or any other markings. I will not be responsible for any damages incurred in the event I deposit an item which is subsequently returned unpaid by the paying bank and the return is “late” due to markings on the check caused by me or a prior endorser on the back of the check. In the event that I draw a check on my checking or loan account with you, I am responsible for any delay or misrouting of the check caused by markings placed on the check by me that obscure any depository endorsements placed by you or your agent and I agree to hold you harmless and indemnify you from any liability due to such delay or misrouting. To help the government fight the funding of terrorism and money laundering activities, Federal lawrequires all financial institutions to obtain, verify and record information that identifies each person who opens an account. If you have any questions as to which number to use contact the Internal Revenue Service at xxx.xxx.xxx.
SPECIAL NOTICE REGARDING ENDORSEMENT STANDARDS. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing my deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing me) can be used by me for endorsements or any other markings.
SPECIAL NOTICE REGARDING ENDORSEMENT STANDARDS. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your deposits as well as to promote speedier returns of dishonored checks. Only the 1.5 inch space from the “trailing edge” (the left edge of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you or a prior endorser on the back of the check. In the event that you draw a check on your checking or loan account with us, you are responsible for any delay or misrouting of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or misrouting. Funds from an initial deposit made by transfer from another financial institution through the Automated Clearing House (ACH) system may not be available until the seventh (7th) business day after the day of your deposit. In addition, funds from an initial deposit made with a debit or credit card may not be available until the seventh (7th) business day after the day of your deposit. You are solely responsible for any cash advance or other fees or penalties that may be assessed by your debit/credit card issuer.
SPECIAL NOTICE REGARDING ENDORSEMENT STANDARDS. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent
SPECIAL NOTICE REGARDING ENDORSEMENT STANDARDS. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you or a prior endorser on the back of the check. In the event that you draw a check on your checking or loan account with us, you are responsible for any delay or mis-routing of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or mis- routing. Article 4A of the Uniform Commercial Code, as adopted by the State of California, Subpart B of Regulation J, as promulgated by the Board of Governors of the Federal Reserve, and Subpart B of Regulation E, as promulgated by the Consumer Financial Protection Bureau, are the laws and regulations that cover the movement of funds by means of wire transfers, Automated Clearing House (ACH) credits, and some book transfers on the Credit Union’s records. The foregoing laws and regulations are intended to establish a comprehensive legal framework covering the duties, responsibilities and liabilities of all parties involved in a funds transfer. In this Funds Transfer Agreement and Notice (“Funds Transfer Agreement”), the following words have the following meanings: • ”We,” “us,” “our” and “Credit Union” mean Los Angeles Federal Credit Union.
SPECIAL NOTICE REGARDING ENDORSEMENT STANDARDS. The federallawdealing with fundsavailability requires the financialinstitution’sendorsementarea on theback of a check be keptclear or unobstructed.This ruleisdesigned to prevent unnecessary delays in processing my deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by thepaying bank andthatreturnis“late”due tomarkings on thecheckcaused byyou ora priorendorseron thebackofthecheck. Intheeventthatyoudrawa check on yourchecking or loan account with us, you are responsible for any delay or misrouting of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or misrouting. As used in this document the words “we,” “our,” “us”, and “credit union” mean American First Credit Union and the words “you,” and “your,” mean the account holder(s) and anyone else with the authority to deposit, withdraw, or exercise control over the funds in the account. However, this agreement does not intend, and the terms “you” and “your” should not be interpreted, to expand an individual’s responsibility for an organization’s liability. If this account is owned by a corporation, partnership or other organization, individual liability is determined by the laws generally applicable to that type of organization. The headings in this document are for convenience or reference only and will not govern the interpretation of the provisions. Unless it would be inconsistent to do so, words and phrases used in this document should be construed so the singular includes the plural and the plural includes the singular. Your acceptance, retention, activation, or use of an ATM Card, Debit card, or other electronic funds transaction hereunder constitutes an agreement between us and you as described below. This Disclosure and Agreement is given by us in compliance with the Electronic Funds Transfer Act (15 U.S.C. Section 1693, et seq.) and Regulation E (12 CFR 205, et seq.) to inform you of certain terms and conditions of the electronic funds transfer services you have requested. Atthepresenttime,AmericanFirstCreditUnionparticipatesinseveraltypes ofservice...
SPECIAL NOTICE REGARDING ENDORSEMENT STANDARDS. The federal law dealing with funds availability requires the financial
