Deposits and Endorsements. You may make deposits in person at the Bank or by mail. We may refuse a deposit, or part of any deposit, or reverse any amount that we have added to your account balance for a deposited check at any time for any reason, including, but not limited to, checks with multiple payees or endorsements, substitute checks or checks bearing a substitute check legal equivalence statement, checks that are not properly payable, or checks which we have reason to doubt are collectible. We will not be liable to you for refusing a deposit, even if it causes us to decline any transaction that you have already made. We are not responsible for transactions by mail until we actually receive and record them. The Bank may, but does not have to, sign an item you deposit in your name (known as an endorsement) if you do not endorse it. When you endorse an item, you should do so only in an area within 1.5 inches from the top edge of the back of the check, which is on the left side, looking at the check from the front. The Bank has the right to refuse to credit your account for a check when the back of the check is obscured or marked in any way, except for a proper endorsement. You are responsible and liable for any loss or damage that we may suffer because you endorse the check in any other location, or if you do not endorse the check properly, or because there is any other mark in any other area on the back of the check when you deposit it. If you deposit an electronically created item or a remotely created check (i.e., a check created when an accountholder authorizes a payee to draw a check on the account, but instead of the accountholder’s actual signature, the check identifies that the accountholder authorized the check), you guarantee that the check was authorized by the accountholder for the amount shown.
Deposits and Endorsements. You may make deposits in person at the Bank or by mail. The Bank may, in its sole discretion, refuse, return, or limit the amount of any deposit to your account for any reason, including, but not limited to, checks with multiple payees or endorsements, substitute checks or checks bearing a substitute check legal equivalence statement, or checks which we have reason to doubt are collectible. We are not responsible for transactions by mail until we actually record them. We will consider and record all transactions after our daily cut-off time posted at the branch as if initiated on the next business day we are open. The Bank will chargeback or place a hold on your account, or any other accounts of yours at the Bank, for any item that is returned unpaid or dishonored for any reason, including claims that an item was altered, forged, unauthorized, has a missing signature, or should not have been paid for any reason. The Bank may, but does not have to, endorse a deposit item for you. The Bank is required to place its endorsement stamp in specific positions on the back of a check. You must place an endorsement on the back of a check only in an area within 1.5 inches from the top edge of the check which is on the left side, looking at the check from the front. You are responsible and liable for any loss or damage that the Bank may suffer because you endorse the check in any other location or because there is any other mark in any other area on the back of the check when you deposit it, which then causes a delay in the processing of the check. The Bank has the right to refuse to accept a check for deposit when the back of the check is unreasonably obscured or marked in any way, except for a proper endorsement. If you deposit an electronically created item or a remotely created check (i.e., a check created when an accountholder authorizes a payee to draw a check on the account, but instead of the accountholder’s actual signature, the check identifies that the accountholder authorized the check), you guarantee that the check was authorized by the accountholder for the amount shown.
Deposits and Endorsements. If any Item deposited in an Account is returned unpaid, you are liable to the Credit Union for the amount of the returned item and any charges, regardless of who deposited the Item or benefited from the transaction. We shall not be obligated to notify you that an Item has been dishonored or not otherwise collected. We will not be responsible for recognizing any conditions of payment contained on an Item deposited to or drawn on an Account, including, but not limited to, restrictive indorsements or postdated Items. If you make a deposit or payment at an unstaffed depository, you agree that the correct amount in the event of discrepancy between a written receipt or deposit slip will be the amount that we find in the envelope used to make the transaction. All transactions received after 5:15 PM or on a day we are not open for business will be treated as if received on the next business day we are open. All non-cash items credited to this Deposit Account shall be credited conditionally, subject to final payment, and such items may be charged back to any Deposit Account in which you have an ownership interest or you have the right to withdraw until the proceeds thereof in money (U.S. Dollars) have been actually received by us. If the Credit Union is unable to collect an Item deposited to your Deposit Account, the Credit Union may obtain a refund from you or charge back any credit given to you. You authorize the Credit Union to supply any endorsement for you on any Item or other instrument tendered for your Deposit Accounts. You agree to indemnify the Credit Union of any liability in connection with collection of such items. The Credit Union shall not be liable for acts of our agents, subagents or others, or for any casualty. You agree to indemnify us from any loss due to an endorsement or other writing being placed on an Item in an incorrect manner or placed under the Federal Reserve's Regulation CC or other applicable laws or rules before it is accepted for deposit. The Credit Union will only be responsible for recognizing the identification of the drawer, payee and drawee Credit Union, bank or other financial institution on an Item deposited to the Deposit Account, the amount of the Item, and information contained in the magnetic coding of the Item. The Credit Union will not be responsible for recognizing any other information on the Item, including, but not limited to such notices as "Deposit after (a specified length of time)" or other condition of payment....
