Common use of Check Cashing Clause in Contracts

Check Cashing. For anyone cashing a check, member or non-member, we will require that you provide proper identification (which may include a current photo ID) at the time of the transaction. If you refuse to provide identification or are unable to do so, we may decline to complete the transaction. Closing Your Account The owner on an Account may close the Account at any time. Your right to close an Account is subject to any statutory or contractual lien existing in our favor and any legal process levied against any such Account. We are not required to close your account at your request if you have pending transactions, the account is overdrawn, your account is subject to legal process (such as a garnishment, attachment, execution or levy) or any type of holds (such as collateral hold, decedent hold or deposit hold). In those cases, we will limit the types of transactions that you can make until pending transactions are paid or returned, the balance is no longer negative, and any legal restriction/hold has been released. The Credit Union may close an account if the balance drops below par value for a period of 90 days. The Credit Union may close an account due to inactivity in which the account no longer maintains a balance. A new account that is not properly funded within a 60-day period will be closed. After we restrict your account in preparation for closing, we will not pay any additional dividends on the account. We will have no liability for refusing to honor any check drawn on a closed account. We have the right to advise consumer reporting agencies and other third-party reporting agencies of accounts closed for misuse, such as overdrafts. After your account is closed, we have no obligation to accept deposits, but we may reopen your account if we receive a deposit. Generally, a closed account cannot be reopened. However, we may reopen your account after closing in certain instances, including, but not limited to, receipt of a dishonored/returned item or a preauthorized debit card transaction initiated on your account and not canceled prior to account closure. In these instances, you will be liable for any negative balance arising from these transactions as well as any associated fees incurred. Members closing out all accounts or accounts closed by the Credit Union will require members to requalify for membership and follow all required processes to open a new account. We will close your account when suspicious activity is detected during monitoring of transactions. We are not obligated to notify you when your account is restricted or closed due to suspicious activity or law enforcement action. We may send you written notice that we have closed or will close your account and return the balance less any fees, claims, setoffs or other amounts. This Agreement continues to apply to your account and issues related to your account even after it closes. Coin Processing Coin processing machines are located in solution center lobbies. A coin processing fee is assessed on the value of all coin presented for deposit, payment, or exchange, whether presented loose or rolled. Please refer to the Wellby Fee schedule for a listing of associated fees. Members are asked to make sure their coins are free from foreign objects, debris or other substances to protect the machines from damage. Wellby reserves the right to refuse the processing of any contaminated coin. We are not required to return any coins rejected by machines. Members are to use the machine in moderation. Consumer Reports and Other Inquiries We may make any inquiries that we consider appropriate to help us verify your identity and determine if we should open, maintain, collect, or close your account. This may include verification of employment and consumer reports or other reports from account information services other than consumer reporting agencies. If you ask, we will tell you whether we requested such a report and, if we did request the report, we will tell you the name, address and telephone number of the reporting agency.

Check Cashing. For anyone cashing a check, member or non-member, we will require that you provide proper identification (which may include a current photo ID) at the time of the transaction. If you refuse to provide identification or are unable to do so, we may decline to complete the transaction. Closing Your Account The owner on an Account may close the Account at any time. Your right to close an Account is subject to any statutory or contractual lien existing in our favor and any legal process levied against any such Account. We are not required to close your account at your request if you have pending transactions, the account is overdrawn, your account is subject to legal process (such as a garnishment, attachment, execution or levy) or any type of holds (such as collateral hold, decedent hold or deposit hold). In those cases, we will limit the types of transactions that you can make until pending transactions are paid or returned, the balance is no longer negative, and any legal restriction/hold has been released. The Credit Union may close an account if the balance drops below par value for a period of 90 days. The Credit Union may close an account due to inactivity in which the account no longer maintains a balance. A new account that is not properly funded within a 60-day period will be closed. After we restrict your account in preparation for closing, we will not pay any additional dividends on the account. We will have no liability for refusing to honor any check drawn on a closed account. We have the right to advise consumer reporting agencies and other third-party reporting agencies of accounts closed for misuse, such as overdrafts. After your account is closed, we have no obligation to accept deposits, but we may reopen your account if we receive a deposit. Generally, a closed account cannot be reopened. However, we may reopen your account after closing in certain instances, including, but not limited to, receipt of a dishonored/returned item or a preauthorized debit card transaction initiated on your account and not canceled prior to account closure. In these instances, you will be liable for any negative balance arising from these transactions as well as any associated fees incurred. Members closing out all accounts or accounts closed by the Credit Union will require members to requalify for membership and follow all required processes to open a new account. We will close your account when suspicious activity is detected during monitoring of transactions. We are not obligated to notify you when your account is restricted or closed due to suspicious activity or law enforcement action. We may send you written notice that we have closed or will close your account and return the balance less any fees, claims, setoffs or other amounts. This Agreement continues to apply to your account and issues related to your account even after it closes. Coin Processing Coin processing machines are located in solution center branch lobbies. A coin processing fee is assessed on the value of all coin presented for deposit, payment, or exchange, whether presented loose or rolled. Please refer to the Wellby Fee schedule for a listing of associated fees. Members are asked to make sure their coins are free from foreign objects, debris or other substances to protect the machines from damage. Wellby reserves the right to refuse the processing of any contaminated coin. We are not required to return any coins rejected by machines. Members are to use the machine in moderation. moderation Consumer Reports and Other Inquiries We may make any inquiries that we consider appropriate to help us verify your identity and determine if we should open, maintain, collect, or close your account. This may include verification of employment and consumer reports or other reports from account information services other than consumer reporting agencies. If you ask, we will tell you whether we requested such a report and, if we did request the report, we will tell you the name, address and telephone number of the reporting agency.

Check Cashing. For anyone cashing a check, member or non-member, we will require that you provide proper identification (which may include a current photo ID) at the time of the transaction. If you refuse to provide identification or are unable to do so, we may decline to complete the transaction. Closing Your Account The owner on an Account may close the Account at any time. Your right to close an Account is subject to any statutory or contractual lien existing in our favor and any legal process levied against any such Account. We are not required to close your account at your request if you have pending transactions, the account is overdrawn, your account is subject to legal process (such as a garnishment, attachment, execution or levy) or any type of holds (such as collateral hold, decedent hold or deposit hold). In those cases, we will limit the types of transactions that you can make until pending transactions are paid or returned, the balance is no longer negative, and any legal restriction/hold has been released. The Credit Union may close an account if the balance drops below par value for a period of 90 days. The Credit Union may close an account due to inactivity in which the account no longer maintains a balance. A new account that is not properly funded within a 60-day period will be closed. After we restrict your account in preparation for closing, we will not pay any additional dividends on the account. We will have no liability for refusing to honor any check drawn on a closed account. We have the right to advise consumer reporting agencies and other third-party reporting agencies of accounts closed for misuse, such as overdrafts. After your account is closed, we have no obligation to accept deposits, but we may reopen your account if we receive a deposit. Generally, a closed account cannot be reopened. However, we may reopen your account after closing in certain instances, including, but not limited to, receipt of a dishonored/returned item or a preauthorized debit card transaction initiated on your account and not canceled prior to account closure. In these instances, you will be liable for any negative balance arising from these transactions as well as any associated fees incurred. Members closing out all accounts or accounts closed by the Credit Union will require members to requalify for membership and follow all required processes to open a new account. We will close your account when suspicious activity is detected during monitoring of transactions. We are not obligated to notify you when your account is restricted or closed due to suspicious activity or law enforcement action. We may send you written notice that we have closed or will close your account and return the balance less any fees, claims, setoffs or other amounts. This Agreement continues to apply to your account and issues related to your account even after it closes. Coin Processing Coin processing machines are located in solution center branch lobbies. A coin processing fee is assessed on the value of all coin presented for deposit, payment, or exchange, whether presented loose or rolled. Please refer to the Wellby Fee schedule for a listing of associated fees. Members are asked to make sure their coins are free from foreign objects, debris or other substances to protect the machines from damage. Wellby reserves the right to refuse the processing of any contaminated coin. We are not required to return any coins rejected by machines. Members are to use the machine in moderation. Consumer Reports and Other Inquiries We may make any inquiries that we consider appropriate to help us verify your identity and determine if we should open, maintain, collect, or close your account. This may include verification of employment and consumer reports or other reports from account information services other than consumer reporting agencies. If you ask, we will tell you whether we requested such a report and, if we did request the report, we will tell you the name, address and telephone number of the reporting agency.