TRUTH-IN-SAVINGS AND OTHER ACCOUNT DISCLOSURES

DEFINITIONS
PART I.   Terms and Conditions of Accounts
PART II.   Terms and Conditions Applicable to Ownership
PART III.   Taxpayer Identification Numbers (TIN) and Backup Withholding
PART IV.   Electronic Services Disclosures
PART V.   Error Resolution
PART VI.   Privacy Notice Disclosure

DEFINITIONS:
For purposes of this Disclosure, the following definitions apply:

Cashier's check means any check which is subject to the following:

• The check is drawn on a depository institution.
• The check is signed by an officer or authorized employee of the depository institution.
• The check is a direct obligation of the depository institution.

• The signature on the check is genuine.
• The depository institution has set aside funds that are equal to the amount of the check and will be used only to pay that check.

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PART I. TERMS AND CONDITIONS OF ACCOUNTS

Generally, the Credit Union makes the following types of deposits made in person available on the same day of deposit:
Cash; Wire Transfers; first endorsed Cashier's checks; Certified checks; Sponsor related Corporation Payroll checks; Federal, State, and Local Government checks; Official Bank checks; Postal Money Orders; Traveler's cheques; checks drawn on the Credit Union; all Electronic Funds Transfer (EFT) items. First endorsed local or non-local checks have $2,500 made available on the same day of deposit. The funds remaining from local checks and non-local checks will be available on the second and fifth Business Day following the day of deposit respectively.

Deposits made at a Quorum Federal Credit Union ATM or Kiosk will have the first $2,500 made available on the same day of deposit. A United States Treasury check deposited at an ATM or Kiosk greater than $2,500 will be made available the next Business Day. Any other deposits greater than $2,500 will be made available on the second Business Day following the day of deposit.

Checks cashed by Credit Union members drawn on another bank may have the availability withheld of a corresponding amount of funds that are already in the member’s account. Those funds will be available at the time funds from the check the Credit Union cashed would have been available if deposited.

Even after the Credit Union has made funds available and those funds have been withdrawn, the member is responsible for checks deposited that are returned unpaid and for any other problems involving the deposit.

Funds deposited by check may be delayed for a longer period under the following circumstances:

• The account is considered a New Membership account (see Special Rules for New Members).
• The Credit Union believes a check deposited will not be paid.
• The re-deposit of a check that has been returned unpaid.
• The account has been overdrawn six (6) or more separate or consecutive Business Days within six (6) months.
• Checks deposited total more than $5,000 on any one day.
• Deposits made at a Quorum Federal Credit Union ATM (Automatic Teller Machine), and/or Kiosk on a non-Business Day will not be processed until the next Business Day.
• An emergency condition exists.

The Credit Union will notify the member by mail or email if there is a delay in the ability to withdraw funds for any of these reasons, and when the funds will be available.

Special Rules For New Members:
In some cases the Credit Union will accept initial funding of an account(s) by Electronic Transfer (ACH) and/or Credit/Debit card. The Credit Union will collect these funds by originating, through a third-party service provider. Upon receipt, these funds will be made available.

For the first thirty (30) calendar days after a new membership account has been established, the policy for same day availability does not apply; the following rules do apply:

• All cash, first endorsed Cashier's checks; Certified checks; Sponsor related Corporation Payroll checks; Federal, State, and Local Government checks; Official Bank checks; Postal Money Orders; Traveler's cheques; checks drawn on the Credit Union that are made in person to a Credit Union employee are available on the day of deposit.
• All wire transfers and EFT items (Direct Deposit) are available on the day of deposit.
• For all other deposits, the first $100 will be available immediately (daily limit, not per deposit), and the remainder will be held until the ninth Business Day after the day of deposit.

• Checks deposited at a Credit Union Shared Service Center will be held in accordance with that location's check hold policy. Due to the nationwide coverage, the Credit Union cannot govern the way in which checks are handled in different states and countries.
• Individual Check Clearing Policies for Credit Union Shared Service Centers are available at each location.

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B. PAYMENT OF DIVIDENDS AND SPECIFIC ACCOUNT CONDITIONS

The frequency and conditions upon which dividends are paid are in accordance with Bylaws of this Credit Union and are paid as permitted by the Federal Credit Union Act and Regulations.

The Credit Union uses the daily balance method to calculate dividends. This method applies a daily periodic rate to the balance in the account each day that the minimum required balance, if applicable, is met. Dividends accrue on a 365-day basis and begin as of the date of deposit to the date of withdrawal and are accrued daily, compounded and posted monthly on all account types as outlined below. Paid dividends remaining on deposit will earn dividends at the same rate on the same terms. Any accrued dividends not yet posted will be forfeited if any account is closed. Federal Law prohibits the guarantee of dividends since dividends are based on available earnings at the end of the dividend period.

1. SAVINGS ACCOUNTS

All Credit Union savings accounts are variable rate accounts, meaning the dividend rate and annual percentage yield may change after the account is opened. The dividend rates are subject to change daily and are established by the Credit Union’s Management.

Transaction Restrictions:
To meet Federally mandated restrictions, the following withdrawal and transfer limitations will apply to transactions you perform on any of your savings accounts: Basic Savings, Money Management, Mortgage Payment and Name-Your-Own Savings account:

You will be limited to performing six (6) of the following types of transactions per month:

• Transfers made via Online Banking including e-mail (internet account access)
• Transfers via VoiceConnect (automated phone system)
• Transfers made over the telephone with a Credit Union representative
• Transfers requested by fax
• Pre-authorized Credit Union Automatic Transfers
• Pre-authorized Electronic Transfers (ACH)
• Overdraft Transfers
• Withdrawals through Online Banking, VoiceConnect, over the telephone with a Credit Union representative or fax

Transfers and withdrawals to pay Credit Union Loans are excluded.

Of the six (6) transactions allowed per month, when transfers are made via Online Banking,
VoiceConnect, over the telephone with a Credit Union representative or fax, only three (3) of the six (6) transactions may be of the following types:

• Check withdrawals to a third party
• Check Card Point of Sale (POS) transactions
• Pre-authorized recurring transaction

A. Basic Savings Account:
Dividends: Dividends are paid on all funds on deposit and are posted monthly.
Conditions: The minimum balance required to open and to maintain active status and membership is $25.

B. Holiday Club Account:
Dividends: Dividends are paid on all funds on deposit and are posted monthly.
Conditions: The minimum balance required to open and maintain active status is $0.01.

The Holiday Club Account renews automatically each year. Dividends and principal deposits are disbursed each year in October. The funds will automatically transfer into a Basic Savings account. There is a fee for early withdrawals (refer to the Credit Union Fee Schedule).

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2. TERM ACCOUNTS

Maturity: All term accounts will automatically renew at maturity for the same period as the original term unless the funds are withdrawn at maturity. In addition, any automatic monthly transfers made into a MoneyBuilder Term Account will continue unless the account is not renewed. The Credit Union will send out notifications at least thirty (30) days before the maturity date and will offer a seven-day grace period beginning on the date of maturity, in order to make changes to the term account.

Withdrawals: The principal invested in any term account may not be withdrawn until maturity. If the Credit Union allows a withdrawal of principal prior to maturity, there will be a penalty for any amount withdrawn (refer to the Credit Union Fee Schedule). If the withdrawal causes the principal to fall below the minimum balance required, the term account will be closed and the member will receive the balance less the appropriate penalty (minimum of $20). There is no penalty when the withdrawal follows the death of the primary owner of the account.

A. MoneyBuilder Term Account:
Dividends: Dividends are paid on all funds on deposit for each day a balance of $500 or more is maintained. Dividends are paid monthly and at maturity. Dividends can either be added onto the Term Account balance or transferred to another Credit Union account.
Conditions: The minimum balance required to open is $500; to maintain an active status, an automatic transfer (from a Credit Union savings or checking account) of no less than $25 must take place monthly. Additional funds can be deposited at any time during the term of the account.

B. Term Savings Account:
Dividends: Dividends are paid on all funds on deposit for each day the member maintains a $1,000 balance and are posted monthly.
Conditions: The minimum balance required to open and maintain active status is $1,000.

C. IRA Term Savings Account:
Dividends: Dividends are paid on all funds on deposit for each day the member maintains a $1,000 balance and are posted monthly.
Conditions: The minimum balance required to open and maintain active status is $1,000.

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3. CHECKING ACCOUNTS

• The Credit Union is neither obligated to nor liable for refusal to pay funds from this account when the account has insufficient funds available or against a stale item (an item presented for payment six (6) months or more past its date).
• The Credit Union may pay and charge to an applicable account, items drawn by and payable to any persons or organizations that were authorized by providing the magnetic-ink character recognition (MICR) number and account information verbally or otherwise provided there are sufficient funds in the account to pay such items. The Credit Union’s rights with respect to such items shall be the same as if it were an item drawn and signed by the member.
• The Credit Union may pay and charge to an applicable account an electronic check conversion (ECK), which is a one-time electronic transfer from a member’s account initiated by a check or draft where it is used as a source of information. The Credit Union’s rights with respect to such items shall be the same as if it were an item drawn and signed by the member.
• If the Credit Union has made a good faith payment to a holder, the Credit Union may charge the member’s account according to the original terms of the check or Automated Clearing House (ACH) entry.
• Authorized account holders may place a Stop Payment of any check (except certified and Cashier’s checks) payable against that account, provided such order is timely and affords the Credit Union a reasonable opportunity to place the Stop Payment order on its system prior to the check clearing the account. ACH Stop Payment orders must be received at least three (3) Business Days prior to the transaction effective date. There is a fee associated with Stop Payments (refer to the Credit Union Fee Schedule). Any Stop Payment placed on a check number that includes a dollar amount will result in an Electronic Transfer (ACH) Stop Payment for the same dollar amount. There is no fee for an ACH Stop Payment under this circumstance. Stop Payment orders shall be valid no longer than six (6) months, unless renewed. The Credit Union will mail or e-mail a confirmation notice of the Stop Payment. If there are any questions regarding the Stop Payment or to remove the Stop Payment request, contact the Credit Union immediately by calling (800) 874 5544 or (914) 641 3700.
• The Credit Union may without liability accept, pay, guarantee or charge items to an account in any order.
• In the event an item is returned in error, liability shall be limited to the amount of the check. In the event of a returned check or other debit on an account, the Credit Union’s determination of whether sufficient funds exist in the account may be made at any time between the time the check is received and the time it is returned.
• In the event an item is presented on a checking account and is delayed or misrouted due to markings placed on the check by the member or endorser, the member will hold the Credit Union harmless and indemnify it from any liability.
• Member agrees that overdrafts, if paid in excess of funds in any loan or savings account, are payable on demand. If overdrafts are to be covered by a transfer of funds from any of the member’s other Credit Union accounts, such transfer(s) will generally be made only if there are sufficient funds on deposit at the time of transfer. The member understands that for each overdraft or transfer, the accounts will be assessed a fee as set forth in the Credit Union Fee Schedule.
• No funds in this account may be pledged as collateral security for any loan(s).
• The Credit Union must be notified immediately if checks are lost or stolen.
• As a convenience, the Credit Union will submit the initial order and reorders for personalized checks to a check vendor. The check vendor will mail the checks either directly to the member and the cost of the delivered checks ordered, plus applicable sales tax and delivery charges, will be charged to the corresponding checking account.
• The Credit Union is not responsible for any delays or errors in processing a check order due to the quality of the checks or the MICR encoding that appears on the checks.
• This is a truncated checking account. Checks are provided with carbonless copies, and are not returned with statements. Check copies are available for a fee (refer to the Credit Union Fee Schedule). If the checks were not ordered through the Credit Union’s check vendor, the Credit Union is not responsible for the quality of any check copy received.
• The Credit Union may charge against an account a postdated check at the time it is presented for payment or deposit.
• Any checking account can be closed without prior notice for insufficient funds (NSF) activity, maintaining a negative balance or any reason. In addition, account activity can be reported to a consumer reporting agency.
• All signors must be sixteen (16) years of age to maintain any checking account.
• A substitute check is the legal equivalent of an original check and the consumer recredit rights apply when a consumer in good faith believes that a substitute check was not properly charged to their account.

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A. Regular Checking Account:
Dividends: No dividends are paid.
Conditions: The minimum balance required to open and maintain active status is $0.01.

B. Checking Plus Account:
Dividends: Dividends are paid on all funds on deposit and are posted monthly.
Conditions: The minimum balance required to maintain active status is $0.01; however, each month that the balance falls below $1,500 on any day during the month, the account will be assessed a maintenance fee as set forth in the Credit Union Fee Schedule the following month.

C. Checking Rewards Account:
Dividends: Dividends are paid on all funds on deposit and are posted monthly.
Conditions: The minimum balance required to maintain active status is $0.01; however, Checking Rewards accounts will be assessed a maintenance fee as set forth in the Credit Union Fee Schedule each month that the account does not meet one or more of the following requirements:

• Direct Deposit
• Statements Online

D. Checkless Checking Account:
Dividends: No dividends are paid.
Conditions: Only available through Credit Union offering. No check-writing capabilities or Visa Check Card. Must have direct deposit. The minimum balance required to open and maintain active status is $0.01.

E. Checking Rewards Points Program (CURewards)

• For every two dollars spent on signature-based transactions, net of returns, or a charge to your check card eligible in this Rewards Program (“Program”) earns you one Point (“Point”) as provided for in these Rules. No points are earned for finance charges, fees, cash advances, convenience checks, foreign transaction currency conversion charges, or insurance charges posted to an account. Charges or transactions may be added to, or removed from, eligible charges and transactions from time to time at the sole discretion of the Program. Any questions as to what constitutes an eligible charge shall be resolved at the sole discretion of the Program. Points for this Program begin to accumulate with purchases you make beginning on the first day of the billing cycle in which your Program begins and ending on the last day of the last billing cycle of the announced duration of your Program. Points earned from net purchases and point adjustments made between billing cycles will be deemed as earned after being posted to your next monthly card statement.
• Points can be used to order the gift/travel awards described in the most current brochure or the Program web site, which may be updated from time to time. You may select gift/travel awards from any level, subject to availability, as long as you have the necessary number of Points posted to your account as of your previous month’s account statement. Point requirements assigned to any award are subject to change from time to time without notice, and gift/travel awards may be substituted at any time. Award suppliers have agreed that, to the best of their ability, merchandise featured in this Program will be available in sufficient quantities to meet expected demand. However, there may be instances in which an item may not be available, in which case the Program reserves the right to substitute a similar item of equal value or withdraw the offer for that product. If it is not replaced you will be advised to make an alternate selection.
• Gifts will be shipped via a parcel delivery service or by the US Postal Service and should arrive in 4-6 weeks after the order is received; otherwise, you will receive an acknowledgement stating the anticipated alternative delivery date, except as noted on items shipped directly from the manufacturer. There will be no charge for Standard Delivery. Shipments cannot be made to a post office box or outside the 50 United States and its territories. No international shipments are permitted. A street address and home phone number are required to accept an order.
• Final gift/travel award orders must be postmarked no later than two (2) months after the final date of the Program in order to be valid for gift redemption. You should contact the Credit Union (“Sponsor”) for full details on eligibility dates.
• A product, which is received damaged or defective, may be returned to the shipper within ten (10) days of receipt for replacement. All parts, instructions, warranty cards and original packaging materials must be returned with the product. Instructions on how to return such damaged merchandise will be included with each shipment. Be sure to note any exceptions, damages or shortages on the delivery receipt before signing to accept freight shipment delivery from the carrier.
• The merchandise offered in this Program may be subject to standard manufacturers’ warranties. Any warranty information will accompany the merchandise shipment. Neither the Program nor the Credit Union makes any warranty, express or implied, concerning the merchantability or fitness for a particular purpose of products and/or services provided through this Program. Warranty claims must be directed to the manufacturer.


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• Points have no cash value.
• Points in this Program cannot be exchanged for cash or credit, may not be used with any other offer, promotion or discount, cannot be combined with cash to obtain gift/travel awards, cannot be earned from or transferred to or combined with any other check card account’s points for redemption and cannot be used to pay off any obligation on your account.
• The Participant’s periodic statement will normally include the number of points earned, subject to adjustment as provided for in these Rules. Points will be deducted from the total points available for redemption for any returns or credits reflected on your monthly account statement. Points deducted for credits to the account will be at the same rate at which the original charges earned those points. Your check card may be charged for the actual cash difference between the cost of the award redeemed and the net value of the actual points available for redemption in the event you should redeem unearned Points. Point balance is available at www.curewards.com.
• Accounts must be open (not canceled or terminated by either party) at time of redemption. Awards are not available if you are in default under the card agreement. The Credit Union reserves the right to suspend your participation in the Program until the account is in good standing.
• Points may be forfeited due to Rules violations.
• This Program is void where prohibited or restricted by law.
• You are responsible for any Federal, State or local income or other taxes or gratuities, if applicable.
• You agree to hold the Credit Union and Payment Services for Credit Unions, Inc. (PSCU) and any vendors associated with the Program, as well as any credit card association that the Credit Union is a member of (“Association”), totally harmless if the Credit Union fails to meet its contractual and other obligations with PSCU which results in the Program being interrupted or terminated prior to giving you the opportunity to redeem the Points or receive the gift/travel awards. Also, you agree to hold the Credit Union and/or PSCU harmless if a vendor files for bankruptcy or otherwise goes out of business, after Points are redeemed for a gift/travel award from the vendor but before the Participant was able to receive the award.
• Each point earned is valid for three (3) years. After three (3) years points will expire and will be removed from the account.
• Certain restrictions may apply to travel certificates, tickets and documents. Travel certificates, tickets and documents are not exchangeable, refundable, transferable or redeemable for cash. All travel certificates, tickets and documents will be mailed first class U.S. Mail and will not be replaceable in the event of loss, destruction or theft. You may request travel certificates, tickets and documents to be delivered by overnight carrier and you agree to pay the associated additional delivery fees by credit card.
• This Program is available to Checking Rewards Visa Check Card holders (“you”) when the Credit Union (i) has enrolled as a sponsoring member of PSCU and (ii) has contracted with PSCU for this Program for you. All Program Rule determinations by PSCU are final. Your use of the check card following receipt of these Rules will indicate their agreement to comply with and abide by these Rules.
• The Credit Union reserves the right to terminate the Program or portions thereof at any time without restriction or penalty. This means that regardless of your level of activity in the Program, the ability to accumulate points or claim awards can be terminated with or without prior notice.
• The list of airlines, hotels, rental car companies, tour companies and any other listed award available in the Program is subject to change and may be discontinued in whole or in part without notice.
• All travel awards are subject to specific terms and conditions. Airline reservations must be made twenty-one (21) days in advance of travel, require a Saturday night stay and may have restrictions, blackout dates, and exclusions. The program reserves the right to book all airline tickets on the carrier with the lowest available fare for the round trip between the cities requested. Certificates have no value except when used under the terms and conditions accompanying them. The terms and conditions of any travel offer may be amended by the Program at any time. Certificates and tickets issued for airline travel must be issued in the name of the redeeming check card account holder (excluding authorized users). A complete list of terms and conditions is available on the Program web site or from the Credit Union. The Program is not responsible for the performance of the airlines of the ticketed transportation. All reservations are made subject to the conditions of carriage, supply or business of the party providing the service, which include exclusions and limitations of liability.
• All travel awards are subject to the rules and restrictions imposed by the individual travel companies, airlines, hotels, rental car, cruise line and tour companies. Compliance with these rules is your responsibility. Airline tickets are not refundable nor may they be returned to the Program for a credit of points to the original account. They are non-changeable unless permitted by the airline issuing the ticket. Fees that apply due to permitted changes by the airline are the responsibility of the traveler. En-route stopovers are not permitted unless they are to make direct connections within the carrier’s rules. Air travel must be all on the same airline. Minimum or maximum stays required by the carrier may apply.
• Issuance of some travel certificates does not constitute a reservation. In such cases the certificate holder is responsible for making all reservations with the company that issues the certificate.
• Every effort has been made to ensure that the information in the Program communications is accurate. Neither the Program nor the Credit Union is responsible for errors or omissions and reserves the right to correct such errors at any time, even if it affects a pending award redemption order.
• The Credit Union may choose to add local additional rules and program opportunities at any time.
• A complete list of Program Rules is available at the Program website or in paper form.

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F. Club/Association Accounts

• In order to open a Club/Association account, a Checking account application, Club/Association Account Agreement Form and W-9 form must be completed.
• This account is limited to one (1) designated non-dividend bearing Checking Account.
• Any joint owners listed on the documents will be considered joint owners of the entire account with equal rights to withdrawals and deposits.
• All requests for changes to ownership will be made by completing a “Resolution Form to Change Person(s) Authorized on Club/Association Accounts”.
• There can be transfers or other activity between this account and any other Credit Union accounts, subject to Credit Union rules and requirements.
• All persons authorized on the account must be sixteen (16) years of age to maintain a Club/Association account.
There can be no Checking Reserve Overdraft Line-of-Credit attached to this type of account.

G. Courtesy Pay Disclosure

Terms And Conditions Of Courtesy Pay:
Courtesy Pay is a service whereby the Credit Union may honor and pay checks, Electronic Transfers (ACH) or items by other electronic means as designated by the Credit Union drawn against insufficient funds so that these items presented against a membership account are not returned unpaid. A qualifying membership account must be open for thirty (30) days in order to be eligible for this service. Paper or online notices will be sent for each occurrence when the items are paid. Courtesy Pay will only be applied at the Credit Union’s discretion and when there are insufficient funds in a checking account (including any loan, line-of-credit or linked accounts) to cover the negative balance.

The Credit Union's Courtesy Pay service is a non-contractual courtesy and is discretionary. It is not an obligation of the Credit Union and the Credit Union may refuse to provide the service on any checking account at any time. There is no contractual right to Courtesy Pay and payment of an item is not guaranteed under the Courtesy Pay service. Courtesy Pay may provide certain account-holders in "good-standing", as determined by the Credit Union in its sole discretion, with the ability to overdraw their personal checking account up to an amount determined by the Credit Union. The amount that an account may be overdrawn shall be in all cases subject to the Credit Union’s discretion. However, as a general guide, and not by way of any contractual agreement, the categories of Courtesy Pay to consider are:

• Members without direct deposit may have up to a $500 limit
• Members with direct deposit may have up to a $1,000 limit
• Members with an aggregate balance of $2,500 or more may have up to a $1,000 limit

In the event that the Credit Union elects to extend Courtesy Pay, the account must be brought back to a positive balance, (i.e., greater than zero (0)), within thirty (30) calendar days. Failure to do so will affect future Courtesy Pay privileges and could result in account closure.

The Credit Union has the right pursuant to its statutory lien and can charge against any balance in any accounts, including jointly owned accounts, to include any otherwise statutorily protected funds that may not otherwise be available by legal process, to liquidate any Credit Union indebtedness, owed by the member or any person listed as a joint owner on the member's accounts with the Credit Union, including a deceased joint owner. The Credit Union may take such action without further notice to the member or any joint owner. Consent for the Credit Union to apply funds that have a statutory protection to pay any such indebtedness may be withdrawn by notifying the Credit Union in writing. If consent is withdrawn, the Credit Union may in its sole discretion terminate any and all services the member has with the Credit Union.

The Credit Union is not obligated to pay any item presented for payment if the account does not contain sufficient collected funds. However, the Credit Union may pay such an item as a non-contractual courtesy if the account is maintained in good standing, which is at the Credit Union’s discretion and may include such things as:

• Making regular deposits sufficient to cover transactions;
• Bringing the account to a positive balance at least once every thirty (30) days or less;
• Not causing the Credit Union a loss;
• Not having any delinquent obligations;
• No legal orders, garnishments, executions, levies, or information subpoenas including bankruptcy notices;
• Not engaging in suspicious or abusive activity; and,
• Maintaining at least $25 in the Basic Savings account.

Generally, the Credit Union will not pay an overdraft in excess of $1,000. These limits generally include Paid NSF Fees. When multiple transactions are presented for payment, items will be paid in the amount in the order of lowest to highest dollar amount.

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Limitations:
This service is available, at the Credit Union’s discretion on all checking accounts in good standing, with the exception of Checkless Checking and Club/Association accounts. The Credit Union may limit the number of accounts per account holder or per household. The Credit Union reserves the right to not approve any overdrafts against any account until the account can be verified as being maintained in good standing. The Credit Union reserves the right to change or terminate Courtesy Pay program at any time without any advance notice.

Account Fees:
For each item paid using Courtesy Pay, the account will be charged a Paid Insufficient Funds Fee (Paid NSF Fee) per item as set forth in the Credit Union Fee Schedule. If the Credit Union chooses not to pay checks, electronic transfers, or items by other electronic means, the account will be subject to an Insufficient Funds (NSF) or Negative Balance fee as published in the Credit Union Fee Schedule. Your periodic statement will separately disclose the total fees charged on your account for paying overdrafts and returning items unpaid for the statement period and for the calendar year-to-date.

Additional Information:
Courtesy Pay service does not require member enrollment. By request, an account can be removed from future Courtesy Pay services by accessing the "Opt Out" form online through Online Banking or by calling Member Service at (800) 874 5544 or (914) 641 3700.

H. Bill Payment Disclosure and Agreement
NOTE: All references within this document to the terms "Payment Service" and/or "the Service" reflect the Online Banking Bill Payment Service offered by Quorum Federal Credit Union (Quorum FCU).

You acknowledge electronic receipt of the Terms and Conditions Agreement ("Agreement") associated with Online Banking Bill Payment Service and agree that you have read and will abide by this Agreement. You also agree that Quorum FCU does not need to provide you with an additional, paper (non-electronic) copy of this Agreement unless specifically requested. Further, you understand that a copy of this Agreement can be printed by using your browser's print command and a printer.

1. Use of a Third-Party Bill Payment Service Provider
Metavante (Formerly M&I) is the third-party bill payment service provider who Quorum FCU has contracted to provide the Payment Service to its members. Metavante will be processing all bill payments. Quorum FCU, at its sole discretion, reserves the right to change Online Banking Bill Payment Service providers.

2. Enrollment Request for the Online Banking Bill Payment Service
Quorum FCU reserves the right to refuse enrollment in the Online Banking Bill Payment Service to any member who does not meet the Service criteria which has been established by Quorum FCU. Among other requirements, a valid e-mail address is a requirement of the Service.

Terms:
Payee means the vendor, person or entity to which you wish a bill payment to be directed.

Payment Instructions means the information provided by you to the Service for a bill payment to be made to your Payee (e.g., Payee name, account number, payment amount, payment date, etc.).

Payment Account means your Checking Account and, in the instance of non-sufficient funds and/or an overdrawn account, any applicable share account or available balance on line-of-credit accounts at Quorum FCU, from which all bill payments may be made and/or such funds collected. Multiple checking accounts may be established as Payment Accounts. Contact Quorum FCU for more information.

Business Day or Processing Date means Monday through Friday, excluding Federal and observed Quorum FCU holidays.

Scheduled Payment Date means the Business Day of your choice upon which your bill payment will be made and your Payment Account will be debited.

Cutoff Time means 8:00 p.m. Central Time (CT) on any Business Day, and is the time by which you must transmit instructions to have them considered entered on that particular Business Day.

By providing the Payment Service with the names and account information of those entities and/or persons to whom you wish to direct payment, you authorize the Service to follow the Payment Instructions that it receives from you or your authorized user through the Online Banking Bill Payment Service. When the Service receives a Payment Instruction, you authorize it to debit your Payment Account(s) and remit funds on your behalf so that the funds arrive as close to the Business Day designated by you as reasonably possible.

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3. Payments and Transfers From My Payment Account May be Processed in Three Different
Ways:

• Today: If you designate a bill payment as a "Today" transaction, the processing date will be the same Business Day if requested prior to 8:00 p.m. Sufficient available funds must be available at the time you request the transaction. "Today" payments may not be canceled for any reason once you have ended an Online Banking session. All “Today” transactions are immediately deducted from your Payment Account.
• Future: If you designate a payment as a "Future" transaction, you may request that the transaction be made on a future date that you may designate up to 365 days in advance. The processing date will be the effective (processing) date you entered. You will not be able to establish payments with an effective date that is not a Business Day. Sufficient and available funds must be available by midnight of the night before the processing date, but will be deducted from your Payment Account on the actual processing date. "Future" transactions may be canceled or changed until 8:00 p.m. CST of the night before the processing date through the Online Banking Bill Payment Service.
• Recurring: If you designate a payment as a "Recurring" transaction, you may request that the transaction be made in the same amount to the same merchant or account on a specified regular, periodic basis (i.e., weekly, bi-weekly, monthly, etc.). You will designate a "start" and "end" date. The processing date will be the effective (processing) date you entered, or the next Business Day should the effective date fall on a weekend or holiday. Sufficient and available funds must be available by midnight of the night before the processing date, but will be deducted from your Payment Account on the actual processing date. "Recurring" transactions may be canceled or changed until 8:00 p.m. of the night before the processing date through Online Banking Bill Payment Service. You may not establish multiple recurring payments to the same Payee.

4. Stopping or Modifying Online Banking Bill Payment Authorized Payments:
Payments designated as "Today" transactions cannot be stopped, canceled, or changed once your Online Banking session is terminated. Stop Payments are only applicable to payments made by check that have not cleared. In order to request a check Stop Payment on a transaction processed through the Service, you must contact Quorum FCU at (800) 874-5544 or (914) 641-3700. If the Stop Payment can be processed, credit to your Payment Account will be processed within two (2) or three (3) Business Days from the Stop Payment request date. You are responsible for completing any modifications to payments, payees, etc. via the Service.

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5. Bill Payments:
All payments you make through the Service will be deducted from your designated Payment Account. Any payment you wish to make through the Service must be payable in U.S. Dollars. Each Payee must appear on the Payee list you create with Quorum FCU and the account you are paying must be in your name.

You must allow sufficient time for the Payee to receive and process the payment before the payment due date (the due date shown on your invoice or provided in your agreement with Payee, not taking into account any grace period provided by the Payee). You will assume full responsibility for all late fees, finance charges, or other actions taken or imposed by Payee.

IMPORTANT: Payments may take up to ten (10) days to reach the Payee, as they are sent either electronically or by check. Quorum FCU is not liable for any service or late charges levied against you.

Quorum FCU is responsible only for exercising ordinary care in making payments upon your authorization and for mailing or sending a payment to the designated merchant. Quorum FCU is not liable for any damages you incur if you do not have sufficient funds in your Payment Account to make the payment on the scheduled Payment Date, if the estimated time to allow for delivery to the Payee is inaccurate, or due to delays in mail delivery, changes of merchant address or account number, the failure of any merchant to account correctly for the payment in a timely manner, or for any other circumstance beyond the control of Quorum FCU.

To use the Service, you must keep Quorum FCU aware of changes in your contact information (e.g., address, telephone numbers and e-mail address). A written notice will be sent to you of transactions Quorum FCU is unable to process because of insufficient or unavailable funds or any other return reason. In addition, an e-mail notice will also be sent to you. In all cases, you are responsible for either making alternate arrangements for the payment, or rescheduling the payment through the Online Banking Bill Payment Service. Returned payments will be canceled and will prevent you from making more payments until resolved. Generally, the Service is reinstated five (5) Business Days after payment is received from a previously returned payment.

You authorize Quorum FCU, and any third party acting on behalf of Quorum FCU, to choose the most effective method to process your payments. You will receive a transaction confirmation number for each properly instructed payment. In addition to all other limitations of liability set forth herein, Quorum FCU shall not be liable for any failure to make a payment if you do not receive a confirmation number.

Quorum FCU will use its best efforts to make all your payments properly. However, Quorum FCU shall incur no liability if it is unable to complete any payments initiated by you through the Service because of the existence of any one or more of the following circumstances:

• If, through no fault of ours, your Payment Account does not contain sufficient funds to complete the payment or transfer, or the transfer would exceed the credit limit of your overdraft account;
• The bill payment processing center is not working properly and you know or have been advised by the Service about the malfunction before you execute the transaction;
• The Payee mishandles or delays a payment sent through the Service;
• You have not provided the Service with the correct names, phone numbers, or account information for those persons or entities to whom you wish to direct payment;
• Circumstances beyond Quorum FCU's control such as, but not limited to, fire, flood, or interference from an outside force prevent the proper execution of the transaction and Quorum FCU has taken reasonable precautions to avoid those circumstances;
• Other exceptions set forth in this Agreement.

Provided none of the foregoing exceptions to the Service performance obligations are applicable, and provided you have complied with all these terms and conditions, if the Service causes an incorrect amount of funds to be removed from your Payment Account or causes funds from your Payment Account to be directed to a person or entity which does not comply with your Payment Instructions, Quorum FCU shall be responsible for your losses and damages. Payment will be made to your Payee either electronically via the Automated Clearing House (ACH) or by check. The method of payment depends upon the processing method that can be accommodated by the Payee or Metavante (e.g., some Payees are unable to accept electronic payments). You will be notified to allow three (3) or five (5) Business Days for payment processing at the time payments are established. Payments made through the Service will appear on periodic statements.

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Prohibited Payments
The following payment types are prohibited through the Service:

• Tax payments
• Court ordered payments
• Payments to Payees outside the United States or its possessions/territories.
• Other categories of Payees that you may establish from time to time.
• Payments to Payees in excess of $9,999.99

Limitation Of Liability
The foregoing shall constitute Quorum FCU’s entire liability and your exclusive remedy. In no event shall Quorum FCU be liable for any direct, indirect special, incidental, consequential or exemplary damages, including lost profits (even if advised of the possibility thereof) arising in any way out of the installation, use, or maintenance of the equipment, software and/or the service.

6. Exclusions of Warrantees:
The service and related documentation are provided “as is” without any warranty of any kind, either expressed or implied, including but not limited to the implied warranties of merchant ability and fitness for a particular purpose.

Personal Identification Code and Security
You agree not to give or make available your Quorum FCU Online Banking Personal Identification Number (PIN) or your Online Banking Bill Payment User ID to any unauthorized individuals. You are responsible for all bill payments you, and your Online Banking Bill Payment PIN, authorize using the Service. If you do permit other persons to use the Service or your Online Banking PIN or Online Banking Bill Payment User ID (even though you have agreed not to disclose this information) or your Online Banking PIN or Online Banking Bill Payment User ID, you are responsible for all transactions they authorize. If you believe that your Quorum FCU Online Banking PIN has been lost, stolen or compromised, or that someone may attempt to use the Service without your consent or has transferred money from your account by accessing your account without your permission, you must notify Quorum FCU immediately by calling us at (800) 874-5544 or (914) 641-3700. You also agree that Quorum FCU may revoke your Online Banking Services, which will in turn revoke use of the Service, if unauthorized account access and/or transactions occur as the apparent result of negligence in the safeguarding of the User ID belonging to you and/or your authorized user. Further, you agree that, if Quorum FCU is notified that you have included Quorum FCU in filing of a petition of bankruptcy, Quorum FCU may revoke or refuse to grant you Online Banking Bill Payment Service and/or Quorum FCU Online Banking access to your account.

Your Liability for Unauthorized Transfers
If you notify Quorum FCU within two (2) Business Days after you learn of unauthorized access to your Payment Account(s) and/or that your Quorum FCU Online Banking PIN has been lost, stolen or compromised, you are liable for no more than $50. If you fail to notify Quorum FCU within two (2) Business Days after you learn of unauthorized access to your Payment Account(s) and/or that your Quorum FCU Online Banking PIN has been lost, stolen or compromised, and we determine that we could have prevented the unauthorized access to your Payment Account(s), or use of your Quorum FCU Online Banking PIN had you notified us, you could be responsible for as much as $500. If your monthly statement or your online account detail reflects any transfers or payments that you did not make, notify us at once. If you do not tell us within sixty (60) days after the first statement reflecting an unauthorized transfer(s) or payment(s) was mailed to you, you may not be refunded any money you lost after the sixty (60) days, provided that we can prove we could have stopped someone from taking the money if you had told us in a timely manner.

Disclosure of Account Information to Third Parties
It is our general policy to treat your account information as confidential. However, we will disclose information to third parties about your account or the transfers you make ONLY in the following situations:

• If we return transfers or payments made from your Payment Account which are drawn on insufficient funds or if we are unable to complete an electronic transfer or payment because of insufficient funds, or
• Where it is necessary for completing transfers, or
• In order to verify the existence and condition of your Payment Account to a third party, such as a credit bureau or merchant, or
• To a consumer reporting agency for quality assurance survey/research purposes only, or
• In order to comply with a governmental agency or court order, or
• If you give us your written permission.

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Charges or Fees
The Quorum FCU Fee Schedule incorporated herein by reference sets forth the fees associated with the Service. Standard deposit account fees will continue to apply. You are responsible for any and all telephone access fees or Internet service fees that may be assessed by your telephone and/or Internet service provider.

In the Event a Service Transaction Is Returned and/or Overdraws Your Payment Account
In using the Service, you are requesting the system to make payments for you from your Payment Account. If we are unable to complete the transaction for any reason associated with your Payment Account (for example, there are not sufficient funds in your Payment Account to cover the transaction), the transaction may not be completed. In some instances you will receive a return notice from Quorum FCU. In these cases, you agree that normal account fees will be charged to your account in accordance with Quorum FCU’s established and published Fee Schedule. By enrolling for and using this Online Banking Bill Payment Service you agree that Quorum FCU has the right to collect funds from all of your accounts as well as the available balance on your line-of-credit accounts to recover funds for all payments that have been requested to be paid by you or your authorized user; this includes accounts on which you are the primary member-owner, as well as accounts on which you are the joint owner.

Alterations and Amendments
The terms of this Agreement, applicable fees and service charges may be altered or amended by Quorum FCU from time to time. In such event, Quorum FCU shall send notice to you at your address on record or by secure electronic message via the Quorum FCU Online Banking Service. Any use of the Service after Quorum FCU sends you a notice of change will constitute your agreement to such change(s). Further, the Service may, from time to time, revise or update the programs, services, and/or related material, which may render all such prior versions obsolete. Consequently, Quorum FCU reserves the right to terminate this Agreement as to all such prior versions of the Online Banking Bill Payment programs, services, and/or related material and limit access to the Service's more recent revisions and updates.

Contact Information Changes
You agree to promptly notify Quorum FCU of any change in your address and other contact information.

Termination or Discontinuation
In the event you wish to discontinue the Service, you must contact Quorum FCU at least ten (10) days prior to the actual service discontinuation date. Quorum FCU may terminate use of the Service to any individual at any time without advance notice. Neither termination nor discontinuation shall affect your liability or obligation under this Agreement.

Payee Limitations
Quorum FCU reserves the right to refuse to pay any person or entity to which you may direct a payment. Quorum FCU is obligated to notify you promptly if it decides to refuse to pay a person or entity designated by you. This notification is not required if you attempt to pay tax or court-related payments or payments outside the United States and its possessions/territories, which are prohibited under this Agreement.

Information Authorization
Through your enrollment in the Online Banking Bill Payment Service, you agree that Quorum FCU (or its third-party bill pay service provider) reserves the right to request a credit agency report and/or a review of your credit rating at its own expense through an authorized credit agency/bureau. In addition, you agree that the Service reserves the right to obtain financial information regarding your account from a merchant or financial institution to resolve payment-posting problems.

Disputes
In the event of a dispute regarding the Service, you and Quorum FCU agree to resolve the dispute by looking to this Agreement. You agree that this Agreement is the complete and exclusive statement of the agreement between you and Quorum FCU which supersedes any proposal or prior agreement, oral or written, and any other communications between you and Quorum FCU relating to the subject matter of this Agreement. In the event of a conflict between the terms of this Agreement and any verbal representation or interpretation by one of our employees, the terms of this written Agreement shall control.

Assignment
You may not assign this Agreement to any other party. Quorum FCU may assign this Agreement to any future, directly or indirectly, affiliated company. Quorum FCU may also assign or delegate certain of its rights and responsibilities under this Agreement to independent contractors or other third-party service providers.

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No Waiver
Quorum FCU shall not be deemed to have waived any of its rights or remedies hereunder unless such waiver is in writing and signed by Quorum FCU. No delay or omission on the part of Quorum FCU in exercising any rights or remedies shall operate as a waiver of such rights or remedies or any other rights or remedies. A waiver on any one occasion shall not be construed as a bar or waiver of any rights or remedies on future occasions.

Captions
The captions of Sections hereof are for convenience only and shall not control or affect the meaning or construction of any of the provisions for this Agreement.

Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of New York and the United States of America, without regard to its conflicts of laws provisions.

Errors and Questions
Refer to Error Resolution, Part V.

I. ONLINE DEPOSITS
Quorum Federal Credit Union (referred to as “the Credit Union” or “we” hereafter) and the below named member(s) (“member” or “you”) hereby agree to the following:

1.Eligibility and Statement of Application
Member hereby applies for Online Deposits (hereafter referred to as "the Service"). Use of the Service constitutes acceptance of these Terms and Conditions. In order to remain eligible for the Service, member must adhere to the requirements of the Terms and Conditions. From time to time, the Credit Union may announce additional features and/or changes that become available through the Service.

As used in this Agreement, the term:

• Control Number means an online-generated tracking number issued by the Credit Union. The control number will automatically be populated onto each Deposit Receipt.
• Deposit Receipt means the deposit form required for submission of checks when using the Service. This Deposit Receipt will automatically generate when you complete the Online Deposits process. This Deposit Receipt and the associated checks must be mailed to the Credit Union using a postage-paid Deposit Envelope.
• Deposit Envelope means the Credit Union’s pre-printed, postage-paid envelope that is recommended for mailing Online Deposits. Deposit Envelopes are supplied by the Credit Union and may be ordered online from within Online Deposits or obtained at any Credit Union Service Center. Members are limited to two (2) envelope orders per month.
• Infraction means inappropriate usage of the Service that results in an account adjustment (e.g. correction, reversal) and/or delays the Credit Union’s ability to process the deposit. Members who incur three (3) infractions will be restricted from further use of the Service.

2. Access
Access to the Service will be by means of your Online Banking Personal Identification Number (PIN). The Credit Union’s Electronic Fund Transfer Disclosure governs use of Online Banking and your PIN.

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3. About Online Deposits
The Service allows you to log into Online Banking and post certain check deposits for immediate credit using the Online Deposits tab. The maximum outstanding Online Deposits amount at any one time is $2,500. The Credit Union reserves the right to remove or decrease this amount at any time with no prior notice to you. Generally, the Credit Union will give same day availability on the funds you deposit, however, we may hold funds you deposit in accordance with the Credit Union’s Funds Availability policy.

To use this Service, you must:

• Have a Credit Union membership account in good standing (good standing to be determined by the Credit Union in its sole and absolute discretion).
• Have a qualifying membership account for a minimum of thirty (30) calendar days.
• Be registered to use Online Banking.
• Mail a Deposit Receipt with each Deposit Envelope.
• Use the postage-paid Deposit Envelopes provided by the Credit Union.
  Should you choose to use your own envelope, it must be addressed
  exactly as follows:
      QUORUM FEDERAL CREDIT UNION
      DEPT D
      2 MANHATTANVILLE RD STE 401
      PURCHASE NY 10577-9926
  Failure to address the envelope properly may delay the processing of your deposit, resulting in an infraction and a fee.
• Maintain a valid e-mail address with the Credit Union.
• Properly endorse all checks. All parties must endorse checks.
• Write your Member Number, Account Number and “For Deposit Only” under your signature on the back of each check.
• Ensure that your deposit is received by the Credit Union within five (5) Business Days of your posting the deposit online, or you will incur an infraction and the deposit will be reversed from the account.
• Ensure that all check information (check number, date and amount) matches the information on the Deposit Receipt exactly.
• Have Adobe Reader installed on your computer to view and print the Deposit Receipt. Download Reader at www.adobe.com (click Get Adobe Reader).
• Have access to a printer to print the Deposit Receipt.
• Comply with these Terms and Conditions and all other requirements of the Credit Union.

A fee will be assessed for adjustments made to your account in connection with the Service, and there may be other fees applicable to your use of the Service. Refer to the Credit Union Fee Schedule.

DO NOT:

• Use the Service to deposit cash, bonds, or non-negotiable items.
• Use the Service to deposit checks drawn on a foreign financial institution.
• Include any other Credit Union correspondence in the Deposit Envelope.
• Staple or clip the check(s) or Deposit Receipt.
• Submit the checks at a Credit Union Service Center, ATM, or kiosk.

Failure to comply with these Terms and Conditions may result in a fee being assessed to your account (refer to the Credit Union Fee Schedule), and you no longer being eligible to use the Service.

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4. Liability for Unauthorized Transfers
Notify us AT ONCE if you believe your PIN has been lost/stolen or used without your permission. Telephoning us is the best way of limiting your potential losses. You could lose all the money in your account(s) (including any Overdraft line-of-credit). If you tell us within two (2) Business Days after you learn of the loss or theft, you may be liable for up to $50 if someone used your PIN without your permission.

If you do NOT tell us within two (2) Business Days after you learn of the loss or theft of your PIN, and we determine we could have prevented unauthorized use, you could lose as much as $500.

Also, if your statement shows payments that you did not make, notify us at once. If you do not notify us within sixty (60) days after the statement was mailed to you or made available through Statements Online, you may not get back any money you lost after the sixty (60) days if we can determine that we could have prevented someone from taking the money if you had notified us in time. If a good reason (such as a long trip or hospital stay) prevented you from notifying us, we may extend the time periods.

If you believe your PIN has been lost or stolen, immediately change your PIN through Online Banking within User Options at quorumfcu.org.

5. Our Liability
The Credit Union will use commercially reasonable efforts to post your deposits properly to the account indicated when you use the Service properly and comply with these Terms and Conditions. However, the Credit Union shall incur no liability if it is unable to complete a deposit instruction initiated by you through the Service because of any one or more of the following circumstances:

• Member error.
• Member failure to comply with these Terms and Conditions.
• Late arrival of a deposit.
• If the Service equipment or software was not working properly and you knew about the malfunction when you started the transaction.
• You have not provided complete or correct information.
• Circumstances beyond our control (e.g. fire, flood or interference from outside sources) prevent processing of the deposit despite reasonable precautions on our part.

We shall not be responsible for any loss or damage caused by the Service. Nor shall we be responsible for any late fees, direct, indirect or consequential damages arising from the use or maintenance of the Service. The Service is provided "as is" without any warranty of any kind, either expressed or implied, including but not limited to the implied warranties of fitness for a particular purpose or warranties of merchantability.

6. Disputes
In the event of a dispute regarding the Service, you and the Credit Union agree to resolve the dispute by looking to this Agreement. Member agrees that any dispute that arises under this Agreement must be filed and litigated in Westchester County, New York.

7. No waiver
The Credit Union shall not be deemed to have waived any of its rights or remedies hereunder unless such waiver is in writing and signed by a Credit Union officer. No delay or omission on the part of the Credit Union in exercising any rights or remedies shall operate as a waiver of such rights or remedies or any other rights or remedies. A waiver on any one occasion shall not be construed as a bar or waiver of any rights or remedies on future occasions.

8. Amendment and Termination
The Credit Union may amend these Terms and Conditions at any time or terminate the Service to any member or all members at any time for any reason, with or without notice. Amendment of these Terms and Conditions or termination of the Service shall not affect the member’s liability or obligation hereunder. Continued use of the Service will constitute acceptance of any new or amended Terms and Conditions.

9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

10. Errors and Questions
Refer to Error Resolution, Part V.

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PART II. TERMS AND CONDITIONS APPLICABLE TO OWNERSHIP

A. ALL ACCOUNTS

• The primary member must be within the Credit Union's field of membership as stated in the Bylaws and have a valid, verifiable Tax Identification Number (Social Security Number) to open a membership. Further, members must be and remain in good standing to maintain their account(s).
• All accounts (except checking accounts) are not transferable except as defined in 12 CFR, Part 204. Except as specifically provided, no more than six (6) pre-authorized, telephone or automatic transfers in any combination are permitted in any calendar month from any savings account.
• The Credit Union’s delay in enforcing any of the terms and conditions of this Agreement shall not prohibit it from enforcing such terms and conditions at a later date.
• The Credit Union reserves the right to change any provision of this Agreement. If required by law or regulation, advance written notice of a change will be provided. The Credit Union also reserves the right to establish from time to time rules and regulations concerning any account which will be available for inspection upon request.
• The Credit Union may endorse items or checks payable to it that are received for deposit to an account.
• Members shall exercise reasonable promptness in examining account statements and promptly notify the Credit Union of any unauthorized transaction including, but not limited to, alteration of an item or an unauthorized signature. If there is a failure to uphold these duties, members will be precluded from asserting their unauthorized signature or any alteration if the Credit Union either proves it suffered a loss because of the member’s failure, or pays on another item presented by the same wrongdoer if the payment was made before the Credit Union was properly notified. Notification must be given within sixty (60) days of the statement. If the member fails to uphold these duties, but can prove that the Credit Union failed to exercise ordinary care in the payment of the relevant items, the above preclusion will not apply and the loss will be allocated between the Credit Union and the member to the extent their respective actions contributed to the loss.
• The Credit Union may terminate an account at any time. The member may terminate an account at any time as long as there are no pre-existing account obligations. In addition, if the Credit Union receives notice from any owner that withdrawals, in accordance with the terms of the account, should not be permitted, it may refuse, without liability, to pay any sums on deposit pending determination of the rights of the owners. Further, if there is more than one (1) owner and there is a conflict among them, the Credit Union may require consent from all owners. Such consent notice(s) shall become effective only upon receipt and after the Credit Union has had a reasonable opportunity to act thereon.
• The Credit Union reserves the right to close any account(s) discovered to be manipulated. "Manipulation" includes, but is not limited to, kiting and repeated patterns of transactions that have no apparent business reason other than to take advantage of "dividend float" to your detriment.
• If a Basic Savings balance falls below the required $25, the Credit Union may transfer the difference from any other account under that membership. In the event that there are no available funds to transfer, the Credit Union reserves the right to close such membership in accordance with its Bylaws.
• If any other savings account remains inactive with a zero (0) balance for twelve (12) months or longer, the Credit Union may, at its discretion, close the account.
• The Credit Union may recognize anyone included on the Membership Application as authorized to transact business on that account. Any payment made on that account by the Credit Union in good faith and in reliance on the terms and conditions of this Agreement and the Membership Application shall be valid and discharge the Credit Union from liabilit