Common use of Terminal Transactions Clause in Contracts

Terminal Transactions. You can get a receipt at the time you make any transfer to or from your account using any automatic teller machine or a point-of- sale terminal. Direct Deposits. If you have arranged to have direct deposits made to your accounts at least once every sixty (60) days from the same person or company, the person or company making the deposit will tell you every time they send us the money. You can call us, write us at address listed in the above “Contact the Credit Union” section, or use our Online & Mobile Banking Platform services, to find out whether a deposit has been made. If the only possible transfers to or from your accounts are direct deposits, you will get a statement from us at least quarterly. Periodic Statements. Transfers and withdrawals transacted through an ATM/ITM or POS terminal, Online & Mobile Banking, or debit card purchase will be recorded on your periodic statement. You will receive a statement or notice of the availability of your statement monthly unless there is no transaction in a particular month. In any case, you will receive a statement or notice at least quarterly.