Common use of Joint Account Owner Liability Clause in Contracts

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds in the account. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we will automatically change the minor account status to a general membership when the minor reaches the age of majority. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -

Joint Account Owner Liability. If an any item deposited in a joint account is returned unpaid, a joint unpaid or an account is overdrawn, or if we do not receive final payment on a any transaction, each of the owners, multiple account owners is jointly and severally, are severally liable to us the Credit Union for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated created the overdraft, deposited or cashed the item or benefited from the transaction. If any account owner is indebted to usthe Credit Union, we the Credit Union may enforce our its rights against any account of the indebted owner, including or all funds in the joint account, account regardless of who contributed the funds in to the joint account. POD Accounts - Beneficiaries. A Payable on Death (POD) account designation is an instruction to the Credit Union that a designat- ed account is an individual or joint account so designated is payable to the owner(s) owner or owners during histheir lifetimes, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship and upon the death of the last joint account owner, payable to any named and surviving POD beneficiary designated on your Account Card. Accounts payable to more than one POD beneficiary are owned jointly by such beneficiaries with right of survivorship. Any POD beneficiary/payee beneficiary designation shall not apply to Individual Retirement Accounts (IRAs)XXX accounts which shall be governed by a separate beneficiary designation. We are not obligated The Credit Union shall at no time have any obligation to notify any POD beneficiary/payee beneficiary of the existence of any account or the vesting of the beneficiary’s interest in any account, except as otherwise provided by law. Accounts for Minors - We may require Minors. For any account established by or for a minor, the Credit Union reserves the right to require the minor account owner to be have a parental joint account with an owner who has reached the is at least eighteen (18) years of age of majority under state law and who shall be jointly and severally liable to us the Credit Union for any returned item, overdraft, or unpaid charges or amounts on such account. We For a joint account, all funds in the account shall be owned as a joint account with rights of survivorship unless otherwise indicated on the Account Card. The Credit Union may pay make payments of funds directly to the minor without regard to his or her minority. Unless the guardian is a guardian or parent is an joint account owner, the guardian or parent shall not have any account right to access rightsthe account. We have The Credit Union has no duty to inquire about of the use or purpose of any transactiontransaction by the minor or joint account owner. All owners agree that we will automatically The minor account owner’s tax identification number must be shown the Card. The Credit Union shall not change the minor account status to a general membership when the minor reaches the age of majority. All standard eighteen (18), unless authorized in writing by all account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -owners.

Joint Account Owner Liability. If an a deposited item deposited in a joint account is returned unpaid, a joint an account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including an owner or all funds in the joint account, account regardless of who contributed the funds in the accountthem. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owedMinor Accounts. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We Sun East may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we We will automatically not change the minor account status to a general membership when the minor reaches the age of majority, unless authorized in writing by all account owners. All standard Trust Account Designations. To establish a trust account products with Sun East, the Trust instrument must be in writing and services approved by the Credit Union. The Trust must be a revocable trust (unless a non- revocable trust is opened by order of the court). As a revocable trust the grantor, also known as the person or other entity that owns the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees assets to be bound held in the trust, may reserve the right to end the trust and get his/her money back. The grantor and trustee must all be within Sun East’s field of membership. The person who opens the account is designated the trustee and is the only person who may access the account. Upon death of the owner-trustee, the account is closed and frozen. It is payable to the beneficiary if he/she is of age upon presentation of a death certificate. Uniform Transfers/Gifts to Minors Account. A Uniform Transfers/ Gifts to Minors Account (UTMA/UGMA) is an individual account created by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property of the account. The custodian has possession and control of the account for the exclusive right and benefits of the minor and barring a court order otherwise, is the only party entitled to make deposits, withdrawals, or close the account. We have no duty to inquire about the use or purpose of any transaction. If the custodian dies, we may suspend the account, until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawal. Agency Designation on an Account. An agency designation on an account is an instruction to us that the owner authorized another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Sun East voting rights. We have no duty to inquire about the use or purpose of any transaction made by the terms of this Membership Agreement agent. Business Accounts. If the account holder is a corporation, unincorporated association, limited liability company, limited liability partnership, partnership or sole proprietorship, or other entity holding an account in any capacity other than an individual capacity, each person signing the account application or other account documents represents and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -agrees that:

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including an owner or all funds in the joint account, account regardless of who contributed the funds in the accountfunds. POD Accounts - Payable on Death/Trust Accounts. A Payable on Death (POD) or Trust account designation is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes lifetime and, when the last account owner dies, payable to all surviving POD beneficiariesor Trust beneficiary/payees unless subject to our right of set-off or a pledge payee. Upon the death of the funds in the account(s)last account owner, in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If if there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights the right of survivorship upon the death of the last account owner. Any POD or Trust beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account or the vesting of the beneficiary/payee’s interest in any account, except as otherwise provided by law. This paragraph does not apply to an account held on behalf of or in the name of a trust. Accounts for Minors - to Minors. We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction except as required by applicable law. We will not change the account status when the minor reaches the age of majority unless the change is authorized in writing by all account owners. Uniform Transfers to Minors Accounts. A Uniform Transfers to Minors Account (UTMA) is an individual account created by a custodian who deposits funds as an irrevocable gift to a minor. The minor whom the gift is made is the beneficiary of the custodial property in the account. The custodian has possession and control of the account for the exclusive right and benefit of the minor barring a court order otherwise, is the only party entitled to make deposits, withdrawals, or close the account. We have no duty to inquire about the use or purpose of any transaction. All owners agree that If the custodian dies, we may suspend the account, until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawal. We will automatically not change the minor account status to a general membership when the minor reaches the age of majority, unless authorized in writing by all account owners. All standard account products and services or Once the continuation age of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish usmajority is reached, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee limit the type of transactions until action is taken on the account, the Credit Union acts only as a depository for the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -.

Joint Account Owner Liability. If an any item deposited in a joint account is returned unpaid, a joint unpaid or an account is overdrawn, or if we do not receive final payment on a any transaction, each of the account owners, including any joint owners, is jointly and severally, are severally liable to us the Credit Union for the amount of the returned item, overdraft, or unpaid amount and any chargesfees, regardless of who initiated created the overdraft, deposited or cashed the item, or benefited from the transaction. If any account owner owner, including any joint owner, is indebted to usthe Credit Union, we may enforce our rights against any account of the indebted owner, including or all funds in the joint account, regardless of who contributed funds to the funds in the joint account. e. Joint Account Owner Information. You agree that if you provide your Personal Identification Number (“PIN”) or access code to a joint owner of your deposit account or another person, you understand and agree that person has full access to and your authorization to receive any deposit or loan account information of yours. The Credit Union has no responsibility to inquire about the person’s authority or permission to access your information and will not be liable for providing any account information access to such person. 5. Payable-on-Death Beneficiaries. A POD Accounts - A Payable on Death (POD) account designation is an instruction to the Credit Union that an individual or joint a designated account so designated is payable to the owner(s) owner or owners during histheir lifetimes, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship and upon the death of the last joint account owner, payable to any named and surviving POD beneficiary designated by you. Accounts payable to more than one POD beneficiary are owned jointly by such beneficiaries with rights of survivorship. Any POD beneficiary/payee beneficiary designation shall not apply to Individual Retirement XXX, Health Savings Accounts (IRAsHSA), Xxxxxxxxx Education Savings and certificate accounts, which shall be governed by a separate beneficiary designation. We are not obligated In the absence of a POD beneficiary on a certificate account, it will be governed by the POD beneficiary designation on the share savings account. The Credit Union shall at no time have any obligation to notify any POD beneficiary/payee beneficiary of the existence of any account except as otherwise provided by law. Accounts for Minors - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we will automatically change the minor account status to a general membership when the minor reaches the age of majority. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -the

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint the account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, charges regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, account regardless of who contributed the funds in the account. POD Accounts - POD/Trust Account Designations A Payable on Death (POD) account or trust account designation is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, her or their lifetimes and, when the last account owner dies, payable to all and surviving POD beneficiariesor trust/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owedbeneficiary/payee. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD or trust beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account or the vesting of the beneficiary/payee’s interest in any account, except as otherwise provided by law. This paragraph does not apply to an account held on behalf of or held in the name of a trust. Living Trust Accounts for Minors - We may require any account A living trust is established by a minor to be a joint account with an owner who has reached the age of majority under state law law, and who shall treated as a distinct legal entity with a purpose and function all of its own. The Credit Union must have enough information from the living trust to determine the name of the trust, the grantors, trustees, successor trustees, and beneficiaries. To accomplish this, the trustees must complete an Application of Living Trust provided by the Credit Union. This Application must be jointly completed and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is notarized before opening an account owner, for a member's living trust. The Credit Union will not administer the guardian or parent shall living trust and will not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we will automatically change the minor account status to a general membership when the minor reaches the age of majority. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, keep a copy of the written SSA authorization designating the representative payee original living trust on file. Grantor(s) and such other documents trustee(s) must clear a check reporting agency and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only retains the right to obtain a credit bureau report on each applicant. All grantors of either a revocable or irrevocable living trust must be members of the Credit Union as a depository primary owner of an open savings account in good standing. An account for a member's living trust has no voting rights, and cannot establish loans in the name of the trust. A member's living trust may not be a joint owner on any account. The living trust savings or money market may be used as overdraft for the Beneficiary’s SSA checking account. There is no overdraft line-of-credit allowed on a living trust account. Debit/ATM cards are not allowed either. Death of Grantor: Upon the death of the last remaining grantor, appropriate court documents and death certificate must be presented by the trustee (or SSI funds, and is under no obligation to act as a fiduciary or to inquire as successor trustee) according to the powers or duties terms of the representative payeetrust agreement. Account Fees - Fees applicable The Credit Union will not be responsible for disbursing funds to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -the beneficiaries.

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds in the accountfunds. POD Accounts POD/TRUST ACCOUNT DESIGNATIONS - A Payable on Death (POD) account or trust account designation is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, is payable to all surviving POD or trust beneficiaries/payees unless subject to our right of set-off or a pledge payees. Upon the death of the funds in the account(s)last account owner, in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If if there is more than one (1) surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account ownersurvivorship. Any POD or trust beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account nor the vesting of the beneficiary/payee's interest in any account, except as otherwise provided by law. Accounts for Minors This paragraph does not apply to an account held on behalf of or in the name of a trust. ACCOUNTS FOR MINORS - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we We will automatically not change the minor account status to a general membership when the minor reaches the age of majoritymajority unless the change is authorized in writing by all account owners. All standard TRANSFERS TO MINORS LAW - A Missouri Transfers to Minors Law (MTML) Account is an individual account products created by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property in the account. The custodian has possession and services control of the account for the exclusive right and benefit of the minor and, barring a court order otherwise, is the only party authorized to make deposits, withdrawals, or close the continuation account. We have no duty to inquire about the use or purpose of products any transaction. If the custodian dies, we may suspend the account until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawals. The account will terminate and services will be available based distributed in accordance with applicable law. AGENCY DESIGNATION ON AN ACCOUNT - An agency designation on eligibilityan account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts designated. Representative Xxxxx Accounts - The representative payee agrees An agent has no ownership interest in the account(s) or credit union voting rights. We have no duty to be bound inquire about the use or purpose of any transaction made by the terms of this Membership Agreement and agent. DEPOSIT OF FUNDS REQUIREMENTS - Funds may be deposited to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee any account, in any manner approved by the Credit Union acts only as a depository for in accordance with the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are requirements set forth in the Truth-in-Savings Disclosure. Deposits made by mail, at night depositories, or at unstaffed facilities are not our Fee Scheduleresponsibility until we receive them. You agree that we may change our Fee Schedule at We reserve the right to refuse or to return any time upon proper notice as required by law. Account Access -deposit.

Joint Account Owner Liability. If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds in the accountfunds. POD Accounts POD/Trust Account Designations - A Payable on Death (POD) account or trust account designation is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, is payable to all surviving POD or trust beneficiaries/payees unless subject to our right of set-off or a pledge payees. Upon the death of the funds in the account(s)last account owner, in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If if there is more than one (1) surviving beneficiary/payee, the account is owned jointly by such beneficiariesbeneficiary/payees payee designation without rights of survivorship upon the death of the last account ownersurvivorship. Any POD or trust beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account not the vesting of the beneficiary/payee’s interest in any account, except as otherwise provided by law. This paragraph does not apply to an account held on behalf of or in the name of a trust. Accounts for Minors - – We may require any an account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, overdraft or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we We will automatically not change the minor account status to a general membership when the minor reaches the age of majoritymajority unless the change is authorized in writing by all account owners. All standard Uniform Transfers/Gifts to Minors Account – A Uniform Transfers/Gifts to Minors Account (UTMA/UGMA) is an individual account products created by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property in the account. The custodian has possession and services control of the account for the exclusive right and benefit of the minor, and barring a court order otherwise, is the only party authorized to make deposits, withdrawals, or close the continuation account. We have no duty to inquire about the use or purpose of products and services will be available based any transaction. If the custodian dies, we may suspend the account until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawals. Agency Designation on eligibilityan Account – An agency designation on an account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts designated. Representative Xxxxx Accounts - The representative payee agrees An agent has no ownership interest in the account (s) or credit union voting rights. We have no duty to be bound inquire about the use or purpose of any transaction made by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -agent.

Joint Account Owner Liability. If an a deposited item deposited in a joint account is returned unpaid, a joint an account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including an owner or all funds in the joint account, account regardless of who contributed the funds in the accountthem. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owedMinor Accounts. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by law. Accounts for Minors - We Sun East may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. All owners agree that we We will automatically not change the minor account status to a general membership when the minor reaches the age of majority, unless authorized in writing by all account owners. All standard Trust Account Designations. To establish a trust account products with Sun East, the Trust instrument must be in writing and services approved by the Credit Union. The Trust must be a revocable trust (unless a non- revocable trust is opened by order of the court). As a revocable trust the grantor, also known as the person or other entity that owns the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees assets to be bound held in the trust, may reserve the right to end the trust and get his/her money back. The grantor, trustee and beneficiaries must all be within Sun East’s field of membership. The person who opens the account is designated the trustee and is the only person who may access the account. Upon death of the owner-trustee, the account is closed and frozen. It is payable to the beneficiary if he/she is of age upon presentation of a death certificate. Uniform Transfers/Gifts to Minors Account. A Uniform Transfers/ Gifts to Minors Account (UTMA/UGMA) is an individual account created by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property of the account. The custodian has possession and control of the account for the exclusive right and benefits of the minor and barring a court order otherwise, is the only party entitled to make deposits, withdrawals, or close the account. We have no duty to inquire about the use or purpose of any transaction. If the custodian dies, we may suspend the account, until we receive instructions from any person authorized by law to withdraw funds or a court order authorizing withdrawal. Agency Designation on an Account. An agency designation on an account is an instruction to us that the owner authorized another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Sun East voting rights. We have no duty to inquire about the use or purpose of any transaction made by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -agent.

Joint Account Owner Liability. If an a deposited item deposited in a joint multiple party account is returned unpaid, a joint an account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including an owner or all funds in the joint account, jointly owned accounts regardless of who contributed the funds in the account. POD Accounts - A Payable on Death (POD) account is an instruction to the Credit Union that an individual or joint account so designated is payable to the owner(s) during his, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship upon the death of the last account owner. Any POD beneficiary/payee designation shall not apply to Individual Retirement Accounts (IRAs). We are not obligated to notify any POD beneficiary/payee of the existence of any account except as otherwise provided by lawthem. Accounts for Minors - We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall shall, to the extent permitted by state law, be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transactiontransactions. All owners agree that we We will automatically not change the minor account status to a general membership when the minor reaches the age of majority, unless authorized in writing by all account owners. All standard Revocable Trust Account If two or more of you create such an account, you own the account products jointly with rights of survivorship. Beneficiaries acquire the right to withdraw only if: (1) all persons creating the account die, and services (2) the beneficiary is then living. If two or more beneficiaries are named and survive the continuation death of products all persons creating the account, such beneficiaries will own the account in equal shares, without rights of survivorship. The person(s) creating this type of account reserves the right to (1) change beneficiaries, (2) change account types, and services (3) withdraw all or part of the deposit at any time. Corporate, Partnership, and other Organizational Accounts We will be available based on eligibilityusually require a separate authorization form designating the person(s) permitted to withdraw and the conditions required for withdrawal from any account in the name of a legal entity such as a partnership, corporation or other organization. Representative Xxxxx Accounts - The representative payee agrees We will honor the authorization according to be bound its terms until it is amended or terminated in writing by the terms of this Membership Agreement and to furnish us, upon request, a copy governing body of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -organization.

Joint Account Owner Liability. If an any item deposited in a joint account is returned unpaid, a joint unpaid or an account is overdrawn, or if we do not receive final payment on a any transaction, each of the owners, multiple account owners is jointly and severally, are severally liable to us the Credit Union for the amount of the returned item, overdraft, or unpaid amount amount, and any chargescharges and transaction, regardless of who initiated created the overdraft, deposited or cashed the item, or benefited from or initiated the transaction. A joint owner shall be responsible for returning any unused checks or access devices from any joint owner removed from the account. If any account owner is indebted to usthe Credit Union, we the Credit Union may enforce our its rights against any account of the indebted owner, including or all funds in the joint account, account regardless of who contributed the funds in to the joint account. POD Accounts - Beneficiaries. A Payable on Death (POD) account designation is an instruction to the Credit Union that a designated account is an individual or joint account so designated is payable to the owner(s) owner or owners during histheir lifetimes, her, or their lifetimes and, when the last account owner dies, payable to all surviving POD beneficiaries/payees unless subject to our right of set-off or a pledge of the funds in the account(s), in which case all sums in the account(s) will belong to us up to the amount of the obligation(s) owed. If there is more than one surviving beneficiary/payee, the account is owned jointly by such beneficiaries/payees without rights of survivorship and upon the death of the last joint account owner, payable to any named and surviving POD beneficiary designated on the account. Accounts payable to more than one POD beneficiary are owned jointly by such beneficiaries with right of survivorship. Any POD beneficiary/payee beneficiary designation shall not apply to Individual Retirement Accounts (IRAs)IRA and Certificate accounts, which shall be governed by a separate beneficiary designation. We are not obligated In the absence of a POD beneficiary on Certificate Accounts, the Certificate Account will be governed by the POD beneficiary designation on the Share Account. The Credit Union shall at no time have any obligation to notify any POD beneficiary/payee beneficiary of the existence of any account or the vesting of the beneficiary's interest in any account, except as otherwise provided by law. Accounts for Minors - We may require Minors. For any account established by or for a minor, the Credit Union reserves the right to require the minor account owner to be have his or her Social Security Number (SSN) or Tax Identification Number (TIN) and to have a parental joint account with an owner who has reached the age is at least eighteen (18) years of majority under state law and age, who shall be jointly and severally liable to us the Credit Union for any returned item, overdraft, or unpaid charges or amounts on such account. We For a joint account, all funds in the account shall be owned as a joint account with rights of survivorship. The Credit Union may pay make payments of funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have The Credit Union has no duty to inquire about of the use or purpose of any transaction. All owners agree that we will automatically change transaction by the minor or joint account status to a general membership when the minor reaches the age of majorityowner. All standard account products and services or the continuation of products and services will be available based on eligibility. Representative Xxxxx Accounts - The representative payee agrees to be bound by the terms of this Membership Agreement and to furnish us, upon request, a copy of the written SSA authorization designating the representative payee and such other documents and authorizations, as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as will not honor any transaction request by a depository for parent or guardian who is not a joint account owner. The minor account owner's Social Security Number (SSN) or Tax Identification Number (TIN) must be shown on the Beneficiary’s SSA or SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. Account Fees - Fees applicable to all accounts and account services are set forth in our Fee Schedule. You agree that we may change our Fee Schedule at any time upon proper notice as required by law. Account Access -account.