Common use of Contact Methods Clause in Contracts

Contact Methods. To the extent permitted by law, You agree that We may contact You for any reason, including the collection of a debt or overdrawn deposit Account. You further agree that We may contact You at any telephone number (including Your place of employment) that You have provided to Us, whether now or in the future, and any other telephone number that We obtain on Our own accord. Electronic Communications. By applying for membership in the Credit Union, You authorize Us to send You, from time to time, and to the extent permitted by applicable law, electronic communications regarding the status of any share, share draft, and/or certificate account(s) You maintain with Us. You also authorize Us to send You electronic communications regarding any other accounts You may maintain with Us from time to time including, but not limited to, loan accounts, credit line accounts, and credit card accounts. These electronic communications are sometimes referred to as "transactional or relationship messages." Account Closure. Any Account owner may close an Account by furnishing written notice to Us in a form that is acceptable to Us. Such notice must be received within a reasonable timeframe so as to afford Us the opportunity, in the ordinary course of business, to close the identified Account. If Your Account is owned by more than one Account Owner, You agree that the subject Account may be closed by any single Owner without the consent of the other Account Owners, and the Credit Union shall incur no liability whatsoever for adhering to this process. Furthermore, subject to Our By-laws and/or applicable Rules and Regulations We may close any Account We choose, and any Member with any credit accounts or other indebtedness owed to the Credit Union will remain liable to Us for all such debts, until fully repaid in accordance with the terms and conditions of the underlying agreements that form the basis for said debt, notwithstanding the close of any or all share Accounts. The aforesaid notwithstanding, the Credit Union will deem Your Account closed, if during any 90 consecutive day period, Your Account balance is zero.

Appears in 2 contracts

Sources: Membership Agreement, Membership Agreement