Common use of Account Termination Clause in Contracts

Account Termination. You and we agree that either of us may close your Account (and any associated ATM or Debit Card) and terminate this Agreement at any time with or without cause. We may, but are not required to, provide you oral or written notice if we decide to terminate your Account relationship for any reason. We may terminate your account if we suspect or confirm abuse of the account relationship or to prevent a loss. If we provide written notice, we will send the notice to the mailing address we have on file at that time or electronically to the email address you provided to us. You may close any of your accounts by notifying us in writing. We will consider your Account closed if we close your account, if you request your account to be closed, or if you withdraw all of the funds in your account, we may close your account at the end of the statement cycle during which your account balance becomes zero. When an interest-bearing account is closed, there may be accrued interest that has not been credited to the account in which case you may forfeit the accrued but unpaid interest. Further, for security reasons, we may require you to close your Account and to open a new account if: there is a change in authorized signers; there has been a forgery or fraud reported or committed involving your Account; any Account checks are lost or stolen; you have too many transfers from your Account; or, any other provision of our Agreement with you is violated. After the Account is closed, we have no obligation to accept deposits or pay any outstanding checks. You agree to hold us harmless for refusing to honor any check drawn on a closed account. In the event that we close your Account, we may mail you a Cashier's Check for the applicable remaining Account balance. The termination of this Agreement and closing of an account will not release you from any fees or other obligations incurred prior to the date upon which this Agreement is terminated and an account closed, any fees assessed by us in the process of closing an account, or from your responsibility to maintain sufficient funds in an account to cover any outstanding checks or other debit items. Bank reserves the right to refuse to return any unused balance amount less than $1.00.

Account Termination. You and we agree that either of us may close your Account (and any associated ATM or Debit Card) and terminate this Agreement at any time with or without cause. We may, but are not required to, provide you oral or written notice if we decide to terminate your Account relationship for any reason. We may terminate your account if we suspect or confirm abuse of the account relationship or to prevent a loss. If we provide written notice, we will send the notice to the mailing address we have on file at that time or electronically to the email address you provided to us. You may close any of your accounts by notifying us in writing. We will consider your Account closed if we close your account, if you request your account to be closed, or if you withdraw all of the funds in your account, we may close your account at the end of the statement cycle during which your account balance becomes zero. When an interest-bearing account is closed, there may be accrued interest that has not been credited to the account in which case you may forfeit the accrued but unpaid interest. Further, for security reasons, we may require you to close your Account and to open a new account if: there is a change in authorized signers; there has been a forgery or fraud reported or committed involving your Account; any Account checks are lost or stolen; you have too many transfers from your Account; or, any other provision of our Agreement with you is violated. After the Account is closed, we have no obligation to accept deposits or pay any outstanding checks. You agree to hold us harmless for refusing to honor any check drawn on a closed account. In the event that we close your Account, we may mail you a Cashier's Check for the applicable remaining Account balance. The termination of this Agreement and closing of an account will not release you from any fees or other obligations incurred prior to the date upon which w hich this Agreement is terminated and an account closed, any fees assessed by us in the process of closing an account, or from your responsibility to maintain sufficient funds in an account to cover any outstanding checks or other debit items. Bank reserves the right to refuse to return any unused balance amount less than $1.00.

Account Termination. You and we agree that either of us may close your Account (and any associated ATM or Debit Card) and terminate this Agreement at any time with or without cause. We may, but are not required to, provide you oral or written notice if we decide to terminate termina te your Account relationship for any reason. We may terminate your account if we suspect or confirm abuse of the account relationship or to prevent a loss. If we provide written notice, we will send the notice to the mailing address we have on file at that time or electronically to the email address you provided to us. You may close any of your accounts by notifying us in writing. We will consider your Account closed if we close your account, if you request your account to be closed, or if you withdraw all of the funds in your account, we may close your account at the end of the statement cycle during which your account balance becomes zero. When an interest-bearing account is closed, there may be accrued interest that has not been credited to the account in which case you may forfeit the accrued but unpaid interest. Further, for security reasons, we may require you to close your Account and to open a new account if: there is a change in authorized signers; there has been a forgery or fraud reported or committed involving your Account; any Account checks are lost or stolen; you have too many transfers from your Account; or, any other provision of our Agreement with you is violated. After the Account is closed, we have no obligation to accept deposits or pay any outstanding checks. You agree to hold us harmless for refusing to honor any check drawn on a closed account. In the event that we close your Account, we may mail you a Cashier's Check for the applicable remaining Account balance. The termination of this Agreement and closing of an account will not release you from any fees or other obligations incurred prior to the date upon which w hich this Agreement is terminated and an account closed, any fees assessed by us in the process of closing an account, or from your responsibility to maintain sufficient funds in an account to cover any outstanding checks or other debit items. Bank reserves the right to refuse to return any unused balance amount less than $1.00.

Account Termination. You and we Frost Bank agree that either of us may close your Account (and any associated ATM or Debit Card) and terminate this Agreement at any time time, for any reason, with or without cause. We If we close your Account, we may, but are not required obligated to, provide you oral or advance written notice if we decide of our intention to terminate do so. Any such notice will be mailed to your Account relationship for any reason. We may terminate your account if we suspect or confirm abuse of the account relationship or to prevent a loss. If we provide written notice, we will send the notice to the statement mailing address we have on file at that time or electronically sent to the email address you provided to usvia Online Statement Delivery (if you are enrolled in Online Statement Delivery). You may close any of your accounts Accounts by notifying us in writing. We will consider your Account closed if when the Account balance reaches $0.00. When we close your account, if an interest bearing Account we will pay you request your account to be closed, or if you withdraw all of the funds in your account, we may close your account at the end of the statement cycle during which your account balance becomes zero. When an interest-bearing account is closed, there may be any accrued interest on the Account that has we had not been previously credited to the account in which case Account UNLESS we have told you may forfeit the accrued but unpaid interestotherwise. FurtherFurthermore, for security reasons, we may require you to close your Account and to open a new account Account if: there is a change in authorized signers; there has been a forgery or fraud reported or committed involving your Account; any Account checks are lost or stolen; you have too many transfers from your Account; or, or any other provision of our Agreement with you is violated. After the Account is closed, we have no obligation to accept deposits or pay any outstanding checkschecks on that Account. You agree to hold us harmless for 1) refusing to honor any check drawn or other item presented to us for payment on a closed accountAccount; 2) refusing to collect any check you have deposited in your Account, to collect any check you have deposited to your closed Account, or to accept any automated deposit to your closed Account; 3) assessing any service charge otherwise applicable against any remaining balance in your Account; and 4) retaining all funds in the Account until we are reasonably satisfied that the time for items to be returned to us has lapsed and that all remaining funds are collected. In the event that we close your Account, we may (but are not required to) mail you a Cashier's Check cashier’s check for the applicable remaining Account balance. The termination of this Agreement and closing of an account Account will not release you from any fees or other obligations incurred prior to the date upon which this Agreement is terminated and an account the Account closed, any fees assessed by us in the process of closing an accountAccount, or from your responsibility to maintain sufficient funds in an account your Accounts to cover any outstanding checks or other debit items. Bank reserves We will not be liable to you for any damages you may suffer as a result of your Account being closed or the right process that follows the decision to refuse to return any unused balance amount less than $1.00close your Account.

Account Termination. You and we agree that either of us may close your Account (and any associated ATM or Debit Card) and terminate this Agreement at any time with or without cause. We may, but are not required to, provide you oral or written notice if we decide to terminate your Account relationship for any reason. We The Credit Union may terminate your account if we suspect or confirm abuse of the account relationship or to prevent a loss. If we provide written notice, we will send the at any time without notice to the mailing address we have on file at that time or electronically to the email address you provided to us. You may close any of your accounts by notifying us in writing. We will consider your Account closed if we close your account, if you request your account to be closed, or if you withdraw all of the funds in your account, we may close your account at the end of the statement cycle during which your account balance becomes zero. When an interest-bearing account is closed, there may be accrued interest that has not been credited to the account in which case you may forfeit the accrued but unpaid interest. Further, for security reasons, we and may require you to close your Account account and to open apply for a new account if: if (1) there is a change in owners or authorized signers; (2) there has been a forgery or fraud reported or committed involving your Accountaccount; (3) there is a dispute as to the ownership of funds in the account; (4) any Account account checks are lost or stolen; you have too many transfers from your Account(5) if there are excessive returned unpaid items not covered by an overdraft protection plan; or, or (6) if there has been any misrepresentation or any other provision abuse of our Agreement with you is violated. After the Account is closed, we have no obligation to accept deposits or pay any outstanding checksof your accounts. You agree to hold us harmless for refusing to honor may terminate an individual account at any check drawn on a closed account. In time by notifying the event that we close your Account, we may mail you a Cashier's Check for the applicable remaining Account balance. The termination of this Agreement and closing of an account will not release you from any fees or other obligations incurred prior to the date upon which this Agreement is terminated and an account closed, any fees assessed by us Credit Union in the process of closing an accountperson, or from your responsibility to maintain sufficient funds in an account to cover any outstanding checks or other debit itemswriting. Bank reserves We reserve the right to refuse require consent of all owners to return terminate a joint account. The Credit Union is not responsible for payment of any unused balance amount less than $1.00.check, withdrawal, or other item once your account is terminated. ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE THIS IS YOUR ELECTRONIC SERVICES AGREEMENT AND DISCLOSURE. IT INCLUDES NECESSARY FEDERAL STATEMENTS AS REQUIRED BY THE ELECTRONIC FUND TRANSFER ACT (15 U.S.C. SECTION 1693 ET SEQ) AND REGULATION E (12 CFR 205 ET SEQ) AND ANY SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR DEBIT CARD, OUR AUDIO RESPONSE SYSTEM (“MEMBERLINK”), OUR PERSONAL COMPUTER ACCOUNT ACCESS SYSTEM (“ONLINE BANKING”), AND OUR BILL PAYMENT SYSTEM (“BILL PAY”), EACH WITH THEIR PERSONAL IDENTIFICATION NUMBERS (PINS) AND/OR ACCESS CODE AND ANY CHECKS YOU AUTHORIZE TO BE PROCESSED ELECTRONICALLY (“E-CHECK”). MASTERCARD DEBIT CARD, MEMBERLINK, ONLINE BANKING, BILL PAY AND E-CHECK AGREEMENT. This Agreement applies to any electronic fund transfer made to or from Your Account(s) by You or by any user who has access to Your Account with actual, apparent or implied authority for use of Your Account. Electronic fund transfers to and from Your Account can be made through the use of, but may not be limited to the following: (a) Your Card in Automated Teller Machines (ATMs) or at any place that it is honored including those transactions made through the use of the appropriate PIN in conjunction with Your Card; (b) any check which You authorize the payee to process electronically; (c) Our MemberLink Audio Response system; (d) Our Online Banking Personal Computer Account Access System; and (e) Our Bill Pay System. An electronic fund transfer is any transfer of funds which is performed through the use of Your Card, E-Check, Our MemberLink Audio Response System, Our Online Banking Personal Computer Account Access System, Our Bill Pay System or other electronic device. You understand that Your Card and any PINs and/or Access Codes are issued by Us and are not transferable. Your PIN is confidential and should not be disclosed to anyone. The use of Your Card is subject to the following terms. You agree: (a) to abide by Our Rules and Regulations as amended relating to the use of the Card; (b) that We may follow all instructions given to machines; and

Account Termination. You and we agree that either of us may close your Account (and any associated ATM or Debit Card) and terminate this Agreement at any time with or without cause. We may, but are not required to, will provide you oral or written notice to you in advance if we decide to terminate your Account relationship for any reason. We may terminate your account if we suspect or confirm reason other than abuse of the account relationship or to prevent a loss. If we provide You agree that advance written notice, we notice from us will send the notice be reasonable if it is mailed to the your statement mailing address we have on file at immediately upon account closure. You agree that time in instances of account abuse or electronically to the email address you provided to usprevent a loss, notice is reasonably given by us if mailed immediately upon account closure. You may close any of your accounts by notifying us in writing. We will consider your Account closed if we close your account, if you request when your account to be closed, or if you withdraw all of the funds in your account, we may close your account at the end of the statement cycle during which your account balance becomes zerohas a 0.00 balance. When an interest-interest bearing account is closed, there may be accrued interest that has not been credited to the account in which case account. In that case, we will pay you may forfeit the accrued but unpaid interestinterest UNLESS we have told you otherwise. Further, for security reasons, we may require you to close your Account and to open a new account if: there is a change in authorized signers; there has been a forgery or fraud reported or committed involving your Account; any Account checks are lost or stolen; you have too many transfers from your Account; or, any other provision of our Agreement with you is violated. After the Account is closed, we have no obligation to accept deposits or pay any outstanding checks. You agree to hold us harmless for refusing to honor any check drawn on a closed account. In the event that we close your Account, we may mail you a Cashier's Check for the applicable remaining Account balance. The termination of this Agreement and closing of an account will not release you from any fees or other obligations incurred prior to the date upon which this Agreement is terminated and an account closed, any fees assessed by us in the process of closing an account, or from your responsibility to maintain sufficient funds in an account to cover any outstanding checks or other debit items. Bank reserves the right to refuse to return any unused balance amount less than $1.00.

Account Termination. You and we agree that either of us may close your Account (and any associated ATM or Debit Card) and terminate this Agreement at any time with or without cause. We may, but are not required to, will provide you oral or written notice to you in advance if we decide to terminate your Account relationship for any reason. We may terminate your account if we suspect or confirm reason other than abuse of the account relationship or to prevent a loss. If we provide You agree that advance written notice, we notice from us will send the notice be reasonable if it is mailed to the your statement mailing address we have on file at immediately upon account closure. You agree that time in instances of account abuse or electronically to the email address you provided to usprevent a loss, notice is reasonably given by us if mailed immediately upon account closure. You may close any of your accounts by notifying us in writing. We will consider your Account closed if we close your account, if you request your account to be closed, with customer direction or if you withdraw all of the funds in your account, we may close your account when balance is at the end of the statement cycle during which your account balance becomes zerozero for 30 days. When an interest-interest bearing account is closed, there may be accrued interest that has not been credited to the account in which case account. In that case, we will not pay you may forfeit the accrued but unpaid interest. Further, for security reasons, we may require you to close your Account and to open a new account if: there is a change in authorized signers; there has been a forgery or fraud reported or committed involving your Account; any Account checks are lost or stolen; you have too many transfers from your Account; or, any other provision of our Agreement with you is violated. After the Account is closed, we have no obligation to accept deposits or pay any outstanding checks. You agree to hold us harmless for refusing to honor any check drawn on a closed account. In the event that we close your Account, we may mail you a Cashier's ’s Check for the applicable remaining Account balance. The termination of this Agreement and closing of an account will not release you from any fees or other obligations incurred prior to the date upon which this Agreement is terminated and an account closed, any fees assessed by us in the process of closing an account, or from your responsibility to maintain sufficient funds in an account to cover any outstanding checks or other debit items. Bank reserves the right to refuse to return any unused balance amount less than $1.00.