E-Central CU » Disclosures » Electronic Services Disclosure

In this Disclosure and Agreement, the words "I", "me", "my", "us", "they" and "our" mean each and all of those who apply or and/or use any of the electronic services described in this Disclosure and Agreement. The words "you", "your", "yours", and "Credit Union" mean E-CENTRAL CREDIT UNION. My acceptance, retention or use of an ATM Card or VISA Check Card ("VISA Debit Card") or other electronic funds transaction hereunder constitutes an agreement between you and me as described below.

This Disclosure and Agreement is given by you 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 me of certain terms and conditions of the electronic funds transfer services I have requested.

At the present time, you participate in several types of services that may be accomplished by electronic transfer: preauthorized deposits of net paycheck, payroll deductions; preauthorized deposits of pension checks and Federal Recurring Payments (for example, Social Security payments); preauthorized withdrawals for bill payments and other recurring payments; Automated Teller Machine (ATM) electronic fund transfer services at Credit Union owned ("Proprietary") ATMs and on "Shared Network" ATMs such as The CO-OP Network, STAR and Plus, and such other systems as may be added from time to time; VISA Debit Card, "Teller-Phone" Automated Telephone Banking, Home Banking, Bill Payer Service and Point-of-Sale Transactions. Disclosure information applicable to all electronic services offered by you is given below, with certain specific disclosure information for each service following in separate sections. I understand that the agreements, terms, conditions, rules and regulations applicable to my Checking Account, Membership Savings Account, VISA Credit Card, Personal Line of Credit (PLOC) Loan Account and any other applicable accounts, remain in full force and effect and continue to be applicable, except as specifically modified by this Disclosure and Agreement.

GENERAL DISCLOSURES APPLICABLE TO ALL ELECTRONIC SERVICES

Business Day Disclosure.
Your business days are Monday through Friday, except holidays. Your business hours are 9:00 a.m. to 5:00 p.m. Mon.-Fri. ATMs, Point-of-Sale and the Teller-Phone Telephone Banking System and Home Banking are generally open, but not always accessible, 24 hours a day, 7 days a week.

Disclosure of Account Information to Third Parties.
You will disclose information to third parties about my account or transfers I make:

When it is necessary to complete an electronic transaction; or
In order to verify the existence and condition of my account for a third party, such as a credit bureau or merchant; or
In order to comply with a government agency, court order or any legal process; or
If I give you written permission.

In Case of Errors or Questions About My Electronic Services Transactions.
Telephone you at: (626) 799-6000
or write you at:
990 S. Fair Oaks Avenue
Pasadena, CA 91105-2626

as soon as I can if I think my statement or receipt is wrong or if I need more information about a transaction listed on the statement or receipt. You must hear from me no later than sixty (60) days after you send me the FIRST statement on which the problem or error appeared. I must:

Tell you my name and account number;
Describe the error or the transaction I am unsure about and explain as clearly as I can why I believe it is an error or why I need more information; and
Tell you the dollar amount of the suspected error.

If I tell you orally, you will require that I send you my complaint or question in writing within ten (10) business days.

You will determine whether an error occurred within ten (10) business days after you hear from me and will correct any error promptly. If you need more time, however, you may take up to forty-five (45) days to investigate my complaint or question. If you decide to do this, you will credit my account within ten (10) business days for the amount I think is in error, so that I will have the use of the money during the time it takes you to complete your investigation. However, if the notice of error involves a transfer to or from an account within thirty days after the first deposit to the account was made, you may have up to twenty (20) days to determine if an error occurred and you will credit such an account within twenty (20) days if more time is needed to complete your investigation.

In accordance with VISA Operating Rules and Regulations, I will receive provisional credit for VISA Debit Card losses for unauthorized use within five (5) business days after I have notified you of the loss. If you ask me to put my complaint or question in writing and you do not receive it within ten (10) business days, you may not credit my account.

For electronic fund transfers resulting from a Point of Sale debit card transaction, initiated outside of the United States or occurring within thirty (30) days after the first deposit was made to the account, you may take up to ninety (90) rather than forty-five (45) calendar days to complete your investigation.

You will tell me the results within three (3) business days after completing your investigation. If you decide that there was no error, you will send me a written explanation. I may ask for copies of the documents that you used in your investigation.

Your Liability for Failure to Make or Complete Electronic Funds Transactions.
If you do not properly complete an electronic funds transaction to or from my account on time or in the correct amount according to your Agreement with me, you will be liable for my losses and damages. However, there are some exceptions. You will not be liable, for instance, if:

Circumstances beyond your control (such as fire, flood, earthquake, electronic failure or malfunction of central data processing facility, etc.) prevent the transaction, despite reasonable precautions;
Through no fault of yours, I do not have enough money in my account (or sufficient collected funds) to make a transaction;
The funds in my account are subject to an uncollected funds hold, legal process or other circumstances restricting such transaction or payment;
You have received incorrect or incomplete information from me or from third parties (e.g. the U.S. Treasury, an automated clearing house, or a terminal owner);
The ATM, Point-of-Sale terminal, Teller-Phone, Home Banking and Bill Payer Services or other electronic services system contemplated hereunder was not working properly and I knew about this breakdown when I started the transaction;
The ATM where I was making the transaction did not have enough cash, or cash in the denominations I requested;
My ATM Card, VISA Debit Card, or Teller-Phone PIN has been reported lost or stolen, has expired, is damaged so that the ATM or Point-of-Sale terminal cannot read the encoding strip, is inactive due to non-use, is retained by you at my request, or because my ATM Card or VISA Debit Card PIN, Teller-Phone PIN, Home Banking Services PIN or Bill Payer Password has been repeatedly entered incorrectly;
Your failure to complete the transaction is done to protect the security of my account and/or the electronic terminal system;
There may be other exceptions.

Charges for Electronic Funds Transaction Services.
All charges associated with my electronic funds transactions are disclosed in your Schedule of Fees and Charges which accompanies this Disclosure and Agreement. A stop-payment placed on a preauthorized electronic payment is subject to a fee, for each stop payment order I give. There may also be a charge if I overdraw my checking account by use of a VISA Debit Card. If I request a copy of the documentation relative to an ATM or Point-of-Sale transaction (except if the documentation is for resolution of a billing error), a fee equal to your reasonable cost of reproduction will be charged. Any fees charged will be deducted from my Checking or Membership Savings Account.

Change in Terms.
You may change the terms and charges for the services indicated in this Electronic Services Disclosure and Agreement and may amend this Disclosure and Agreement from time to time. If I have an account with you through which electronic transactions are being processed, I will receive written notice at least twenty-one (21) days prior to the effective date of the change(s), or as otherwise provided by law.

Disclosure of Delayed Funds Availability.
You may place a hold for uncollected funds on an item I deposit. This could delay my ability to withdraw such funds. For further details, see your "Disclosure of Funds Availability Policy" or contact a Credit Union officer.

Termination of Electronic Funds Transaction Services.
I may, by written request, terminate any of the electronic services provided for in this Disclosure and Agreement. You may terminate my right to make electronic funds transactions at any time upon written notice. If I ask you to terminate my account or the use of an ATM Card or VISA Debit Card or any other access device, I will remain liable for subsequent authorized transactions performed on my account.

Relationship to Other Disclosures.
The information in this Disclosure and Agreement applies only to the electronic service transactions described herein. Provisions in other disclosure documents, as may be revised from time to time, remain effective for all other aspects of the account involved.

Copy Received.
I acknowledge receipt of a copy of this Disclosure and Agreement.

ADDITIONAL DISCLOSURES APPLICABLE TO ELECTRONIC CHECK TRANSACTIONS

If funds from my account have been transferred via ACH where I have provided a paper check or check information to a merchant or other payee to capture the routing, Account, and serial numbers to electronically initiate the transfer (an "Electronic Check Transaction"), the following applies to me:

Types of Available Transactions:
You may make transfers via ACH where I have provided a paper check to enable the merchant or other payee to capture the routing, Account, and serial numbers to initiate the transfer, whether the check is blank, partially completed, or fully completed and signed; whether the check is presented at POS or is mailed to a merchant or other payee or lockbox and later converted to an EFT; or whether the check is retained by the consumer, the merchant or other payee, or the payee's financial institution.

Account Access:
Electronic Check Transactions may be made from my Checking Account only.

Limitations on Dollar Amounts of Transactions:
I may make Electronic Check Transactions only to the extent that I have available clear funds in my Checking Accounts or available funds in my designated overdraft sources.

Overdraft to Line of Credit:
I understand that if I have an overdraft line of credit account in conjunction with my Checking Account, then I may use that line of credit to fund any overdraft on my Checking Account including overdrafts caused by any Electronic Check Transactions.

I understand that I may not otherwise initiate an Electronic Check Transaction to overdraw my Checking Account, my line of credit, if applicable. However, if I do overdraw, I authorize you to cover the overdraft on my Checking Account by making a cash advance from my line of credit account, if any.

Overdrafts which cannot be honored are payable on demand and may result in termination of my account(s).

ADDITIONAL DISCLOSURES APPLICABLE TO PREAUTHORIZED DEPOSIT OF NET PAYCHECK, PAYROLL DEDUCTIONS, PENSION CHECKS AND FEDERAL RECURRING PAYMENTS

If I have arranged to have preauthorized electronic deposits of my net paycheck (if available from my employer), payroll deductions, pension checks or Federal Recurring Payments (for example, Social Security payments), the following applies to me.

Account Access.
Preauthorized deposits may be made to my Membership Savings Account or Checking Account.

Notification of Preauthorized Deposits.
If I have arranged with a third party (for example, the Social Security Administration) to make preauthorized deposits to my account at least once every sixty (60) days, that third party making preauthorized deposits may have agreed to notify me every time the party sends you money to deposit to my account. If I have not made such an arrangement, I may telephone you at (626) 799-6000 and you will advise me whether or not the preauthorized deposit has been made.

Documentation of Preauthorized Deposits.
Generally, I will receive a monthly account statement for each month in which a preauthorized deposit is made, but at least quarterly if no preauthorized deposits are made. However, if the only electronic fund transaction service I have with you is preauthorized deposits, then you reserve the right to send me only a quarterly statement.

ADDITIONAL DISCLOSURES APPLICABLE TO PREAUTHORIZED PAYMENT SERVICES

If I have requested a preauthorized payment to a third party from my Credit Union Checking Account, the following applies to me.

Account Access.
Preauthorized payments may be made from my Checking Account only.

Right to Receive Documentation of Preauthorized Payment.

Initial Authorization.
I can get copies of the preauthorized payment documentation from the third party being paid at the time I give them the initial authorization.

Notice of Varying Amounts.
If my preauthorized payment may vary in amount, the party who will receive the payment is required to tell me ten (10) days before such payment when it will be made and how much it will be. I may agree with the person being paid to receive this notice only when the payment will differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that I set.

Periodic Statement.
I will receive a monthly account statement for each month in which a transfer is made, but at least a quarterly statement if no transfers are made.

Right to Stop Preauthorized Payment.
If I want to stop any of the preauthorized payments, I must call you at (626) 799-6000, or write you at 990 S. Fair Oaks Avenue, Pasadena, CA 91105-2626, in time for you to receive my stop payment request no less than three (3) business days or more before the payment is scheduled to be made. If I call, you may also require me to put my request in writing and get it to you within fourteen (14) days after I call. You will charge me for each stop payment order I give. A stop payment request will apply only to that particular payment. If I have given you a request to revoke this entire preauthorized payment authorization, I understand and agree that I must also promptly contact the third party to cancel (revoke) the entire preauthorized payment authorization and provide you with a copy of my written revocation notice to the third party.

Your Liability for Failure to Stop Payment.
If I order you to stop one of my preauthorized payments no less than three (3) business days or more before the transfer is scheduled, and you do not do so, you will be liable for my losses or damages, to the extent provided by law.

Liability for Unauthorized Electronic Payments.
I may be liable for unauthorized transfers made from my account by a third party. If I believe such transfer has occurred, I must follow the procedures outlined in the "General Disclosures Applicable to All Electronic Services" section for resolving errors. Please also refer to the section entitled "Additional Disclosures Applicable to ATM Electronic Funds Transactions, Point of Sale Transactions, Teller-Phone, Home Banking, Bill Payer Services and Credit Union Bill Payer Service.

ADDITIONAL DISCLOSURES APPLICABLE TO TELLER-PHONE TELEPHONE BANKING

Teller-Phone is a telephone banking service which will allow me to perform monetary transactions and account balance inquiries without assistance from your staff. I will actually "talk" directly with your computer. Before I can use Teller-Phone, I must request the service and then you will provide me with a Teller-Phone Personal Identification Number (PIN) for access.

Types of Available Transactions.
I may use my Teller-Phone PIN to:

Make transfers between my accounts;
Make inquiries regarding account balances and loan payment data;
Make transfers to make loan payments;
Withdrawals from my designated Savings (Membership, Personal Savings or Money Market) and/or designated Checking

Account or advances on my Personal Line of Credit made by Credit Union check will be issued in the name of the member appearing first on the Account Signature Card and mailed to the address of record on the Account.

All payments and deposits are subject to later verification by us. You may offer additional services in the future and, if so, I will be notified of them.

Limitations on Frequency and Dollar Amount of Transactions.

Account withdrawals through Teller-Phone are unlimited, to the extent I have clear funds available in my designated Account(s) or available credit for an advance on my Line of Credit Account.
For security reasons, in the event my Teller-Phone PIN is lost or stolen, there may be limits on the dollar amount of transactions I can make on Teller-Phone.

Personal Identification Number (PIN).
I understand that I cannot use Teller-Phone without a Personal Identification Number, which you refer to as a Teller-Phone PIN, and that I will receive my Teller-Phone PIN when I open my Membership Savings Account. I am responsible for the safekeeping of my Teller-Phone PIN and for all transactions made by use of Teller-Phone and my Teller- Phone PIN.

I will notify you immediately and send written confirmation if my Teller-Phone PIN is disclosed to anyone other than the joint owner of my Account. If I disclose my Teller-Phone PIN to anyone, however, I understand that I have given them access to my Account(s) via Teller-Phone and that I am responsible for any such transactions.

I further understand that my Teller-Phone PIN is not transferable and I will not disclose the Teller-Phone PIN or permit any unauthorized use thereof.

Electronic Statements (Online e-Satements) is an additional service offered to E-Central Credit Union members. The disclosure outlining the terms and conditions of this service will be provided for you to review, accept and print for your records at the time you agree to use the service.

Home Banking Service (Home Banking) and Bill Payment are additional services offered to E-Central Credit Union members. The disclosure outlining the terms and conditions of this service will be provided for you to review, accept and print for your records at the time you agree to use the service.

ADDITIONAL DISCLOSURES APPLICABLE TO THE ATM ELECTRONIC FUNDS TRANSACTIONS

If I requested that you issue me an ATM Card or VISA Debit Card to be used to transact business at any of your proprietary ATMs or any ATM on "Shared Network" ATMs such as The CO-OP Network, STAR, Cirrus and Plus or activated a VISA Credit Card to access an ATM with a VISA logo, then the information below applies to me. Access to ATMs is through the use of a Card and an ATM/POS Personal Identification Number (PIN) which you will provide.

Types of Available Transactions and Limits on Transactions.
Types of available transactions are listed below. I understand you may offer additional services in the future and if so, I will be notified of them. Transaction types and services may be limited on certain ATMs on the systems which are not owned by you (non-proprietary ATMs), (such as, for example, withdrawal limits). If a transaction or service type is not available, the attempted transaction will generally be refused as an "invalid transaction". In addition, transactions at certain ATMs on the systems which are not owned by you may be subject to a transaction fee charged by the owner of the terminal.

Account Access.
The ATM services which you make available to me and which are covered by this Disclosure and Agreement are:

Deposits to my designated Savings (Membership, Personal Savings or Money Market) and/or designated Checking Accounts at your proprietary ATM(s) or at ATMs displaying the CO-OP Network Logo;
Withdrawals from my designated Savings (Membership, Personal Savings or Money Market) and/or designated Checking Accounts at your proprietary ATM(s) or CO-OP Network, STAR, and Plus ATMs;
Transfers from my designated Savings Account to my designated Checking Account within the same account number at your proprietary ATM(s) and some shared network ATMs;
Loan payments made by transfer of funds from my designated Savings Account or designated Checking Account at your proprietary ATM(s) (and some shared network ATMs);
Advances on my VISA credit line using a VISA Credit Card at ATMs displaying the VISA logo;
Advances from my Personal Line of Credit Loan Account.
Balance inquiries at your proprietary ATM(s) and at the CO-OP Network, STAR, and Plus ATMs;
Purchase of postage stamps at ATMs where available.

You may offer additional services in the future and, if so, I will be notified of them.

Unless otherwise noted, the above services are generally available at ATMs on the CO-OP Network, STAR, Plus and Shared Network Systems. Services, however, may be restricted on certain ATMs on the systems which are not owned by you. In such case, an attempted transaction may be refused by the Shared Network ATMs. When I use an ATM not owned by you, I may be charged a fee by the ATM operator or any network used to complete the transaction (and I may be charged a fee for a balance inquiry even if I do not complete a funds transfer).

Limitations on Frequency and Dollar Amount of Transactions.

Withdrawals from most ATMs are limited to a maximum $300.00 per day. Note, however, that withdrawal limitations may vary between networks and individual machines. In addition, you reserve the right to adjust my maximum per day cash disbursement levels, from time to time, in your sole discretion.
Minimum withdrawal amounts and increment amounts may vary depending on the system or machine I access. For example, the minimum withdrawal and increment amount at the CO-OP Network, STAR, Plus and Shared Network machines is generally $20.00.
I am limited to five (5) ATM withdrawals by use of an ATM or VISA Debit Card per calendar month. Withdrawals in excess of that number will be subject to an ATM transaction fee.
For security reasons, in the event my ATM Card, VISA Debit Card, VISA Credit Card or PIN is lost or stolen, there are limits on the dollar amount of transactions I can make on the ATM System.

Overdraft to Line of Credit.
I understand that if I have an overdraft access to my Personal Line of Credit Loan Account in conjunction with my Checking Account, then I may use that Personal Line of Credit Loan Account to fund any overdraft on my Checking Account including overdrafts caused by ATM access. I understand that I may not otherwise use my ATM Card, VISA Debit Card, or VISA Credit Card to overdraw my Membership Savings Account or Checking Account, or my Personal Line of Credit Loan Account, if applicable. However, if I do overdraw, I authorize you to cover the overdraft as follows:

Overdrawn Membership Savings Account: You may withdraw funds from my Membership Savings Account or Checking Account or make a cash advance from my Personal Line of Credit Loan Account, if any, or make a withdrawal from other accounts including accounts on which I am a joint owner.
Overdrawn Checking Account: You may make a cash advance from my Personal Line of Credit Loan Account, if any, or withdraw funds from my Membership Savings Account or make a withdrawal from other accounts including accounts on which I am a joint owner.
Overdrawn Personal Line of Credit Loan Account: You may withdraw funds from my Membership Savings Account or Checking Account, or other accounts including accounts on which I am a joint owner.

Overdrafts which cannot be honored are payable on demand and may result in termination of my Account(s).

My ATM Card, VISA Debit Card or VISA Credit Card (herein "Card").
Both a Card and a PIN will be used each time I use an ATM. The following conditions must be observed for both the privacy and protection of my account and the system:

I MUST KEEP MY CARD IN A SAFE PLACE AND PERMIT NO UNAUTHORIZED PERSON TO USE IT;
I MUST NOT TELL ANY AUTHORIZED PERSON MY PIN OR WRITE MY PIN ON MY CARD OR OTHERWISE MAKE IT AVAILABLE TO ANYONE ELSE;
I MUST TELL YOU IMMEDIATELY OF ANY LOSS OR THEFT OF MY CARD AND/OR PIN. IF I AUTHORIZE YOU TO ISSUE A CARD (OR ANY OTHER ACCESS DEVICE) TO ANYONE ELSE, I AUTHORIZE THAT INDIVIDUAL TO WITHDRAW FUNDS FROM ANY ACCOUNT WHICH CAN BE ACCESSED BY THE CARD, REGARDLESS OF WHETHER THAT INDIVIDUAL IS AUTHORIZED TO WITHDRAW MONEY FROM THE ACCOUNT BY ANY MEANS OTHER THAN BY USE OF THE CARD AND PIN. IF I GIVE MY CARD OR PIN TO ANYONE, ANYWITHDRAWAL BY THAT PERSON WILL BE CONSIDERED TO BE AUTHORIZED BY ME.

Safety at the ATM.
I understand that I should use caution at all times when using an ATM or POS terminal. Some precautions I can take are: observe the area for anything unusual or suspicious; lock my vehicle when I leave it; have my VISA Debit Card, VISA Credit Card or ATM Card in my hand as I approach the machine; avoid reaching in my wallet or purse in front of the ATM; avoid counting my cash at the ATM; lock the doors and roll up all but the driver's window when using a drive-up ATM. If I feel unsafe for any reason, I should leave the area immediately.

Personal Identification Number.
I agree to memorize my PIN(s) and will not write it on the Card. If I forget the number, I may contact you and you will issue a Replacement Card at the charge set forth in your Schedule of Fees and Charges.

Ownership of the Card(s).
The Card(s) remains your property and I agree to surrender the Card(s) to you upon demand. You may cancel, modify or restrict the use of any Card(s) upon proper notice or without notice if my account is overdrawn, or if you are aware that I have violated any term of this Disclosure and Agreement, whether or not you suffer a loss, or where necessary to maintain or restore the security of my account(s) or the ATM or POS system. You also reserve the right to recall the Card(s) through retrieval by any ATM or Point-of-Sale terminals.

Making Electronic Fund Transactions.
I agree to follow the instructions posted or otherwise given by you or any ATM Network concerning use of ATMs or Point-of-Sale terminal.

ADDITIONAL DISCLOSURE APPLICABLE TO VISA DEBIT CARDS WHEN USED AS A POINT OF SALE DEVICE

Types of Available Transactions and Limits on Transactions.
By use of my VISA Debit Card and PIN, I authorize you to make withdrawals from my Checking Account for cash advances and/or purchases.

Account Access.
I may use my Card to withdraw cash from my Checking Account by way of a cash advance from merchants, financial institutions or others who honor the Card and/or pay for purchases from merchants, financial institutions and others who honor the Card. The Credit Union is not liable for the refusal or inability of any electronic terminal, merchant or financial institution to honor the Card, to complete a withdrawal from my account or for their retention of my Card.

My Card and/or account may not be used for any illegal activity or transaction. Further, I may not utilize my Card and/or account for the purchase of any goods or services on the Internet that involve illegal gambling of any sort. Such transactions include, but may not be limited to, any quasi-cash or illegal online gambling transaction, any electronic commerce transaction conducted over an open network, and any illegal betting or wagering. However, in the event that a charge or transaction described in this paragraph is approved and processed, I will still be responsible for such charges.

Limitations on Frequency and Dollar Amounts of Transactions.
The transaction amount including any charges imposed by the merchant or financial institution is deducted from the Checking Account I have designated for use with my Card. You may debit or place a hold on my account for a transaction either on the day it is presented to you for payment, by electronic or other means, or on the day you receive notice of the transaction, whichever is earlier. If a merchant or other financial institution requests an authorization for a transaction, you may place a hold on funds in my account for up to five (5) days for the authorized transaction amount. As a result, I will not have access to the funds on hold other than for the transaction authorized for the period of the hold.

I may make cash advances and purchases only to the extent that I have available clear funds in my designated Checking Account plus available clear funds in my designated Savings Account.

For security reasons, there may be limits on the number of these transactions that may be authorized.

Stop Payment.
I may not stop payment on a debit transaction made with my Card. Because my Card is a debit card and not a credit card, if I have a problem with the quality of property or services that I have purchased with my Card, I will have to settle it directly with the merchant.

Returns and Adjustments.
Merchants and others who honor Debit Cards may give credit for returns or adjustments, and they will do so by sending you the credit that you will post to my Checking Account.

Foreign Transactions.
Purchases, cash advances and credits made in foreign currencies will be billed to my Account in U.S. dollars. The conversion to U.S. dollars will be made in accordance with the VISA operating regulations for international transactions. The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by VISA from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate VISA itself receives, or the government-mandated rate in effect for the applicable central processing de conversion rate may be different than the rate on the day of the transaction or date of the posting of the Account. When a credit to the Account does not fully offset a charge to the Account due to changes in the rate, I am responsible for the differences.

ACH and Wire Transfers:
ACH and Wire Transfers I instruct you to make on my behalf are subject to Article 4A of the Uniform Commercial Code - Funds Transfers, as adopted in California and Regulation J. If I originate a funds transfer for which Fedwire is used, and I identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, you and every receiving or beneficiary financial institution may rely on the identifying number to make payment. You may rely on the number even if it identifies a financial institution, person or account other than the one named. I agree to be bound by Automated Clearing House Association Rules. These Rules provide, among other things, that payment made to me, or originated by me, are provisional until final settlement is made through the Federal Reserve Bank or payment is otherwise as provided in Article 4A-403(a) of the Uniform Commercial Code. If you receive a credit to an account I have with you by Fedwire or ACH, you are not required to give me any notice of the payment order or credit.

Provisional Payment Disclosure:
Credit given by you to me with respect to an automated clearing house credit entry is provisional until you receive final settlement for such entry through a Federal Reserve Bank. If you do not receive such final settlement I am hereby notified and agree that you are entitled to a refund of the amount credited to me in connection with such entry, and the party making payment to me via such entry (i.e. the originator of the entry) shall not be deemed to have paid me in the amount of such entry.

Notice Disclosure:
Under the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving my account, you are not required to give next day notice to me of receipt of an ACH item and you will not do so. However, you will continue to notify me of the receipt of payments in the periodic statements you provide to me.

Choice of Law Disclosure:
You may accept on my behalf payments to my account which have been transmitted through one or more Automated Clearing House (ACH) and which are not subject to the Electronic Fund Transfer Act and my rights and obligations with respect to such payments shall be construed in accordance with an governed by the laws of the state of California as provided by the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving my account.

ADDITIONAL DISCLOSURES APPLICABLE TO ATM ELECTRONIC FUNDS TRANSACTIONS, POINT OF SALE TRANSACTIONS, AND TELLER-PHONE

Right to Receive Documentation of Transactions.

Transaction Receipt. I will receive a receipt at the time I make an ATM or Point-of-Sale transaction. I should retain this receipt to compare with my statement from you.
Periodic Statement. I will receive a monthly statement (unless there are no transactions in a particular month), for the account(s) which I have accessed using the ATMs, Point-of-Sale terminals, Teller-Phone, Home Banking or Bill Payer Service which will show the calendar date that I initiated the transaction, the type of transaction and the type of account(s) accessed by the transaction, and the amount of transactions occurring in that statement period. I will get a statement at least quarterly.

My Liability for Unauthorized Transactions and Advisability of Prompt Reporting.
I must tell you AT ONCE if I believe my ATM Card, VISA Debit Card, VISA Credit Card, (collectively "Card(s)) has been lost or stolen or my TellerPhone, Home Banking, Bill Payer Password, ATM Card, VISA Debit Card, VISA Credit Card (collectively PIN(s)) is being used by someone not authorized to use my Account or if I believe that an electronic fund transfer has been made without my permission. Telephoning is the best way of keeping my possible losses down. A written notification to you should follow my telephone call. I could lose all the money in my account. However, if I believe my Card(s) and/or PIN(s) has been lost or stolen, and I tell you within two (2) business days after I learn of the loss or theft, I can lose no more than $50.00 if someone used my Card(s) and/or PIN(s) without my permission.

If I do NOT tell you within two (2) business days after I learn of the loss or theft of my Card(s) and/or PIN(s) and you can prove you could have stopped someone from using my Card(s) and/or PIN(s) without my permission if I had told you, I could lose as much as $500.00.

Also, if my statement shows transfers that I did not make, including those made by card, code or other means, I must tell you at once. If I do NOT tell you within sixty (60) days after the statement was mailed to me, I may not get back any money I lost after the sixty (60) days if you can prove that you could have stopped someone from taking the money if I had told you in time. I should also call the number or write to the address listed on the cover of this brochure if I believe a transfer has been made using the information from my check without my permission.

If I can document a good reason (such as a long trip or hospital stay) kept me from telling you, you will extend the time periods.

Exception. VISA Operating Rules and Regulations provide for zero liability for fraudulent transactions performed with their consumer cards that are routed through a VISA network. The zero liability does not apply for transactions at an ATM using a PIN.

Telephone Number and Address to be Notified in Event of an Unauthorized Transaction.
If I believe my Card or PIN has been lost or stolen or that someone will or may use it to transfer money from my account without my permission, I must telephone you at: (626) 799-6000 for VISA Check Cards or write you at: 990 S. Fair Oaks Avenue Pasadena, CA 91105-2626

Regulation "D" Restrictions on Electronic Funds Transactions.
Preauthorized, automatic or telephone withdrawals or transfers from Savings Accounts or Money Market Accounts are limited to no more than six (6) transfers in each calendar month. No more than three of the six withdrawals or transfers may be made by check, share draft or other order.

However, I may make an unlimited number of withdrawals from or transfers among my own Membership Savings Accounts or Money Market Accounts by mail, messenger or in person at the Credit Union or at an ATM. I may also make an unlimited number of withdrawals from my Membership Savings Accounts or Money Market Accounts through the Credit Union's Teller- Phone System or by telephone if I request that you send me a check. Transfers or withdrawals in excess of the above limitations will not be honored.

Verification.
All transactions affected by use of ATMs or POS terminals, Bill Payer Service, Teller-Phone, Home Banking or other electronic transaction contemplated hereunder which would otherwise require my signature,or other authorized signature, shall be valid and effective as if signed by me when accomplished by use of an ATM Card, VISA Debit Card and/or ATM Card, or VISA Debit Card PIN or TellerPhone or Home Banking PIN or Bill Payer Password or as otherwise authorized under this Disclosure and Agreement. Deposits at an ATM are subject to verification by you and may only be credited or withdrawn in accordance with your "Delayed Funds Availability Policy". Transactions accomplished after the close of normal business each day shall be deemed to have occurred on your next business day. You are not responsible for delays in the posting of a deposit due to improper identification on the deposit envelope or improper keying of my transaction. Information accompanying a deposit should include my name, your name, my member number and where I want my deposit to go. If I make a deposit to my Checking Account with you, the Checking deposit slip should be included.

Delinquent Loan Restriction.
If any of my loan payments are Past Due, I may be restricted from performing electronic transactions through Teller-Phone, Home Banking, ATMs or POS terminals.

The End