Common use of Card Issuance Clause in Contracts

Card Issuance. At the discretion of MFCU, one card may be issued to each signer on the Loan. Your Card remains MFCU’s property and is nontransferable. We may cancel, modify, and/or restrict the use of any Card without notice if your Loan is past due, when it is necessary to maintain or restore the security of your accounts, or when you conduct transactions on your accounts that are irregular or fraudulent in nature. Replacement Cards may be issued for a fee as disclosed in the current Consumer Fee Schedule.