Member Services Agreement - NASA Federal Credit Union

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When depositing or cashing a check, please note:1. Rights: We reserve the right to verify the availability of funds fromchecks you present for deposit or cashing. Additionally, we reserve theright to hold funds already on deposit when cashing check or checklikeitems. Those funds will be available at the time funds from thecheck we cashed would have been available if you had deposited theitem.2. Endorsements: Endorse checks exactly as printed in the payee line.3. Multiple-Payee and Third Party Checks: Multiple-payee (checksmade payable to more than one person). If a check payable to two ormore persons is ambiguous as to whether it is payable to the personstogether or apart, it may be negotiated by any one of the payees (thatmeans a check payable to more than one person that does not includethe word “and” between the names may be negotiated by any one ofthe persons named on the check).Third Party (checks payable to one party who endorses the check overto another party). All payees must endorse the check regardless of theamount. Third party checks will be accepted for deposit at our solediscretion.Multiple-payee and third party checks in excess of $500. All payeesmust be present (with valid identification) or named on the account inorder for the Credit Union to accept these items for deposit or cashing.4. State or Local Government, U.S. Treasury Checks, andInsurance Checks: These items must be endorsed exactly as printedand all parties named on the check(s) must be present (with valididentification) or named on the account of deposit in order for theCredit Union to accept these items for deposit or cashing. Regardlessof the amount, we do not accept third party checks referenced in thissection.5. Night Depository: Deposits made at the night depository areconsidered made on the business day that the item is removed from thedepository.6. ATM Deposits: Deposits are only accepted at the ATMs identified asbelonging to NASA Federal Credit Union or through CO-OP and AllianceOne deposit taking terminals. ATM deposits will be subject to our FundsAvailability Policy.28
7. Service Centers and Shared Branches: A transaction through aService Center or a shared branch is a transaction at another institutionthat has agreed under contract to act on our behalf. When youuse these facilities, you are subject to that other institution’s fundsavailability policies, which may differ from ours.H. ELECTRONIC FUNDS TRANSFERSThis Section of this Agreement contains important information about someof our electronic banking services. This Section applies to all accounts exceptwhere it is stated otherwise. The terms of this Section include the instructionsand other material provided by the System (as defined below) for the EFTServices you access. Part 1 of this Section contains terms and disclosuresthat apply to all EFT Services not otherwise defined in this Agreement. Parts2 through 4 of this Section contain additional information that applies tospecific types of EFT Services not otherwise defined in this Agreement. Part 5of this Section applies to Business Accounts.DEFINITIONS: In addition to terms defined elsewhere in this Agreement, inthis Section these words have the following meanings:ATM means an automated teller machine either operated by the Credit Unionor that is part of a network that accepts the Card.Card means the access device we issue to you that permits you to use ATMs,POS Terminals, and, in the case of Visa® Check Cards only, merchants andfinancial institutions who accept Visa to conduct Transactions. The termincludes ATM Cards (that bear our logo, but not the Visa logo) and Visa® CheckCards.EFT Service(s) means electronic banking services, including ATM Cards, Visa®Check Cards, electronic direct deposits and debits, Contact-24, and one-timeelectronic fund transfers initiated using information from a check. EFT Servicedoes not mean eBranch or Mobile Banking.PIN means the Personal Identification Number or personal security code,whether one or more than one, that you choose or we assign that allows youto access one or more EFT Services.POS Terminal means an electronic Point-Of-Sale terminal that is part ofa network that accepts the Card to pay for purchases from your checkingaccount.System means the components that permit you to make Transactions29
Page 3 and 4: TABLE OF CONTENTSPageMEMBER SERVICE
Page 5 and 6: A. MEMBERSHIPTo be eligible for Cre
Page 7 and 8: mail you the most recent version of
Page 9 and 10: 8. Severability. If any part of thi
Page 11 and 12: 17. Your Indemnity. You will indemn
Page 13 and 14: For each “remotely created check
Page 15 and 16: in writing. Stop payments made in e
Page 17 and 18: vendors specializing in check print
Page 19 and 20: not have been paid if you had repor
Page 21 and 22: endorsements on deposits or orders,
Page 23 and 24: the primary account holder, however
Page 25 and 26: Savings Account is $5 (which repres
Page 27 and 28: Minimum Balance Requirements:(1) PM
Page 29: If you do not make your deposit in
Page 33 and 34: will extend the time periods to a r
Page 35 and 36: • If the Transaction would exceed
Page 37 and 38: 2. ATM, Visa® Check Card Use, ATM
Page 39 and 40: Purchases at Visa merchant location
Page 41 and 42: • Be accompanied by another perso
Page 43 and 44: c. Responsibility and Liability for
Page 45 and 46: identifier. We may charge any of yo
Page 48: 301-249-18001-888-NASA-FCU (627-232

Member Services Agreement - NASA Federal Credit Union

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