Common use of Termination of Account Clause in Contracts

Termination of Account. We may terminate your account at any time without notice to you or may require to close your account and apply for a new account if (1) there is a change in owners or authorized signers (2) there has been a forgery or fraud reported or committed involving your account; (3) there is a dispute as to the ownership of the funds in the account; (4) any account checks are lost or stolen; (5) if there are excessive returned unpaid items not covered by an overdraft protection plan; (6) if there has been any misrepresentation or any other abuse of any of your accounts; or (7) if any account owner is verbally or physically abusive to a Credit Union employee. You may terminate your account at any time by notifying us by written instruction from the Member Representative. We will not be responsible for payment of any check, withdrawal, or other item once your account is terminated; however, if we pay a check after termination, you agree to reimburse us for the payment.

Termination of Account. We The Credit Union may terminate your account at any time without notice to you or may require you to close your account and apply for a new account if (1a) there is a change in owners or authorized signers autho- rized signers; (2b) there has been a forgery or fraud reported or committed involving your account; (3c) there is a dispute as to the ownership of the funds in the account; (4d) any account checks are lost or stolen; (5e) if there are excessive returned unpaid items not covered by an overdraft protection plan; or (6f) if there has been any misrepresentation or any other abuse of any of your accounts; or (7) if any account owner is verbally or physically abusive to a Credit Union employee. You may terminate your account at any time by notifying us the Credit Union by written instruction from the Member Representativeoral direction or in writing. We will The Credit Union is not be responsible for payment of any check, withdrawal, or other item once your account is terminated; however, if we pay the Credit Union pays a check after termination, you agree to reimburse us the Credit Union for the payment.

Termination of Account. We may terminate your account at any time without notice to you or may require to close your account and apply for a new account if (1) there is a change in owners or authorized signers (2) there has been a forgery or fraud reported or committed involving your account; (3) there is a dispute as to the ownership of the funds in the account; (4) any account checks are lost or stolen; (5) if there are excessive returned unpaid items not covered by an overdraft protection plan; (6) if there has been any misrepresentation or any other abuse of any of your accounts; or (7) if any account owner is verbally or physically abusive to a Credit Union employee. You may terminate your account at any time by notifying us by written instruction from the Member Representative. We will not be responsible for fo r payment of any check, withdrawal, or other item once your account is terminated; however, if we pay a check after termination, you agree to reimburse us for the payment.