11.07.2015 Views

Member Services Agreement - NASA Federal Credit Union

Member Services Agreement - NASA Federal Credit Union

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Minimum Balance Requirements:(1) PMMA: The minimum balance requirement for a PMMA is $10,000.The applicable minimum balance must be maintained at all times. Iffunds in the account fall below the applicable minimum, the accountmust be closed and the remaining funds will be deposited into anaccount with lower balance requirements.(2) PPMMA: The minimum balance requirement for a PPMMA is$40,000. The applicable minimum balance must be maintained at alltimes. If funds in the account fall below the applicable minimum, theaccount must be closed and the remaining funds will be deposited intoan account with lower balance requirements.(3) PAMMA: The opening minimum balance requirement for a PAMMAis $25,000; however, after opening, there is no minimum balancerequirement. If the average daily balance of your account calculated atthe end of the month is below $25,000, then a fee will be assessed asprovided in our Schedule of Fees.Transaction Limitations: Regulation D transfer limitations described in this<strong>Agreement</strong> apply. In addition, we reserve the right to require prior notice ofyour intention to make a withdrawal not less than 7 days and up to 60 daysbefore the withdrawal.Fees and Charges: See Schedule of Fees.ADDITIONAL ACCOUNTSAdditional Accounts, including Individual Retirement Accounts, ShareCertificate Accounts, Coverdell Education Savings Account, and HealthSavings Account may be available. Please ask to see the separate agreementsand/or disclosures for those additional accounts.G. FUNDS AVAILABILITY DISCLOSUREThis Section applies only to consumers.This disclosure describes your ability to withdraw funds at <strong>NASA</strong> <strong>Federal</strong><strong>Credit</strong> <strong>Union</strong>. It only applies to the availability of funds in transactionaccounts. The <strong>Credit</strong> <strong>Union</strong> reserves the right to delay the availability of fundsdeposited to accounts that are not transaction accounts for periods longerthan those disclosed in this Section.25

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