Common use of Telephone Teller Service Clause in Contracts

Telephone Teller Service. If we approve the Telephone Teller Service for your accounts, a separate personal identification number (PIN) will be assigned to you. You must use your personal identification number (PIN) along with your account number to access your accounts. At the present time you may use the Telephone Teller Service to: • Obtain balance information from all your savings, checking and loan accounts including Visa. • Transfer funds between these same accounts, including loan payments to any of your loan accounts (except from Visa). • Withdraw from savings by check, made payable to you and mailed to you at your mailing address. • Verify certain account information, including if a particular check has cleared your account, listing of electronic withdrawals and deposits, loan payment and loan payoff amounts, and account and loan history. • Access your Visa credit card account. • Find out the interest paid and dividends earned on your accounts. Your accounts can be accessed under the Telephone Teller Service via a touch tone telephone only. Telephone Teller Service will be available for your convenience twenty-four (24) hours per day. This service may be interrupted for a short time each day for data processing. • There is no limit to the number of inquiries, transfers, or withdrawal requests you may make in any one day. • No transfer or withdrawal may exceed the available funds in your account. The Credit Union reserves the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of record. The Credit Union may set other limits on the amount of any transaction, and you will be notified of those limits. The Credit Union may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue after numerous unsuccessful attempts to enter a PIN or transaction, and there may be limits on the duration of each telephone call.