Unclaimed Balances. Unclaimed balances are handled in accordance with the Credit Union Act (Alberta). Servus Credit Union will be responsible to notify members with unclaimed balances within the timelines set out in such Act. Unclaimed balances of $100 or more on which no valid claims have been made for 10 years, are transferred to the Credit Union Deposit Guarantee Corporation.
Appears in 2 contracts
Samples: Member Agreement, Member Agreement
Unclaimed Balances. Unclaimed balances are handled in accordance with the Credit Union Act (Alberta). Servus Credit Union will be responsible to notify members Members with unclaimed balances within the timelines set out in such Act. Unclaimed balances of $100 or more on which no valid claims have been made for 10 years, years are transferred to the Credit Union Deposit Guarantee Corporation.
Appears in 2 contracts
Samples: Member Agreement, Member Agreement
