Common use of Overdraft Liability Clause in Contracts

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds check. Your account will then be subject to a charge for the item whether paid or returned as set forth in the Rate and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protection. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing overdrafts at any time. If the Credit Union pays a draft that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.

Overdraft Liability. If on any day, the available funds in your checking share account are not sufficient to cover checks and drafts, fees or other debit transactions items posted to your account, those checks and items amounts will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty We do not have to notify you of an insufficient if your account does not have funds checkto cover drafts, fees or other posted items. Your Whether the item is paid or returned, your account will then may be subject to a charge for the item whether paid or returned as set forth in the Rate and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you which may be assessed more than one fee as a result of a returned item obtained at any location, online or resubmission(s) of the returned requested by mail. Fees may be imposed on each check, draft item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or card withdrawal, debit card purchase withdrawal, debit card point of purchase, preauthorized automatic debit, telephone initiated withdrawal or any other electronic withdrawal or transfer transaction unless you request such protectionthat is drawn on an insufficient available account balance. Except as otherwise agreed in writing, the Credit Unionwe, by covering one or any overdraft, does do not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any timetime without notice. If the Credit Union pays we pay a draft or impose a fee that would otherwise overdraw your account, you agree to pay the overdraft overdrawn amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.

Overdraft Liability. If If, on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance balance is made at the time the check or item is presented to us, which may be made later during the day or a different day than the time you conduct the transaction. Overdrafts will be determined based on the available balance in your account at any the time between presentation and the Credit Union’s midnight deadline with only one review of the item is presented to us for payment. Your available balance may be lower than your actual balance if your account required. The Credit Union has no duty funds held for pending debit card transactions you have authorized, pending ACH or direct deposits that are not yet available for withdrawal or if you have deposited checks that are held pursuant to notify you of an insufficient our funds checkavailability policy. Your account will then be subject to a charge fee for non-sufficent funds or unavailable funds for the item whether paid or returned as set forth in the Rate and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(s) of the returned item. How- ever, If the Credit Union will not charge returns an overdraft item unpaid, it may be re-presented to us for payment and is subject to a subsequent fee for covering an everyday ATM non-sufficient funds or debit card purchase transaction unless you request such protectionunavailable funds each time it is presented as set forth in the Fee Schedule. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft check or other item that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions posted to your account, those checks and items debit transactions will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds check. Your If an overdraft occurs your account will then be subject to a non-sufficient funds (NSF) charge for the item check or other debit transactions, whether paid or returned returned, as set forth in the Business Rate and Fee Schedule. The Credit Union We may charge a an NSF fee each time a check or item other debit transaction is submitted or resubmitted presented for payment. Therefore, therefore you may be assessed more than one fee as a result of a resubmission of previously returned item checks or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or other debit card purchase transaction unless you request such protectiontransactions. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits. If your account is overdrawn and we find that funds are available in another Business account owned by you, we may transfer the funds to resolve the negative balance amount and may charge you a fee as disclosed on the Business Rate and Fee schedule.

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you may have with us. The Credit Union’s 's determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline 's payment of item with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds checkitem. Your account will then be subject to The Credit Union may charge a charge fee for the an insufficient funds item whether paid or returned as set forth in the Rate Addendum and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result Schedule of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protectionFees and Charges. Except as otherwise agreed to in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft an item that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time. For ATM and one-time debit transactions, you must consent to the Credit Union’s overdraft protection plan in order for the transaction amount to be covered under the plan. Without your consent, the Credit Union may not authorize and pay an overdraft resulting from these types of transactions. Services and fees for overdrafts are shown in the Schedule of Fees and Charges. Qualifications for Overdraft Protection (Courtesy Pay). You must opt-in by separate agreement for Courtesy Pay. Courtesy Pay is contingent on your Credit Union consumer checking account being open for at least sixty (60) days and thereafter you maintain the account in good standing, which includes, but not limited to:  Making regular deposits consistent with your past practices.  Depositing an amount equal to or greater than the amount of discretionary overdraft protection extended to your account and bringing your account to a positive balance within a thirty (30) day period for a minimum of 24 hours.  You are not in default of any loan greater than 30 days or other obligation to the Credit Union.  You are not subject to any legal or administrative order or levy.  New Credit Union members must wait 60 days from their date of enrollment to participate in the Courtesy Pay Program. Accounts not fulfilling these obligations will have Courtesy Pay suspended. The Credit Union will consider, as a discretionary courtesy and not a right or obligation, approving reasonable overdrafts. This privilege for consumer checking accounts will generally be limited to a maximum of $400 (without Credit Union Direct Deposit) overdraft (negative) balances. Any and all fees and charges, including giving without limitations the non-sufficient funds fees, continuous overdraft fees and interest charges (as set forth in our fee schedule and deposit account agreement and disclosure), will be included in these maximum limits. Order of Payments. Checks, drafts, items and other transactions may not be processed in the order that you make them or in the order that we receive them. We may, at our discretion, pay a payor bank extra check or item and execute other transactions on your account in any order we choose. The order in which we process checks and execute other transactions on your account may affect the total amount of overdraft fees that may be charged to your account. Please contact us if you have questions about how we pay checks and process transfers and withdrawals. Postdated and Stale dated Items. You authorize us to accept and pay any check, even if the check is presented for payment before its date. You also agree not to deposit checks or other items before they are properly payable. The Credit Union is under no obligation to you to pay a check drawn on your account that is presented more than six (6) months after its date. STOP PAYMENT ORDERS Stop Payment Request. You may ask the Credit Union to stop payment on any check drawn upon your checking account. You must request a stop payment in writing. The stop payment will be effective if the Credit Union receives the order in time beyond for the Credit Union to act upon the order and you state the number of the account, date, and number of the check and its exact amount. If you give the Credit Union incorrect or incomplete information, the Credit Union will not be responsible for failing to stop payment on the item. If the stop payment order is not received in time for the Credit Union to act upon the order, the Credit Union will not be liable to you or to any midnight deadline limitsother party for payment of the item. If we re-credit your account after paying a check over a valid and timely stop payment order, you agree to sign a statement describing the dispute with the payee, to transfer all of your rights against the payee or other holders of the check to the Credit Union, and to assist the Credit Union in legal action taken against the person.

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks checks, fees, and other debit transactions items posted to your accountaccount (i.e. debit card debits, preauthorized transfers, digital banking transactions, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds check. Your account will then be subject to a charge for the item whether paid or returned as set forth in on the Rate related Account Disclosure and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protection. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any timetime without notice. If the Credit Union pays a draft check or imposes a fee that would otherwise overdraw your account, account you agree to pay the overdraft amount immediately. When an item is paid or returned and a fee is assessed which creates an overdraft you agree and authorize VCU to pay the item from funds from your other account(s) or from funds subsequently deposited in the account including direct deposits of governmental benefits including but not limited to Social Security and Supplemental Security Income. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits. We may report information about your account to credit bureaus. Late payments, missed payments or other defaults on your account may be reflected in your credit report.

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you may have with us. The Credit Union’s 's determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline 's payment of item with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds checkitem. Your account will then be subject to The Credit Union may charge a charge fee for the an insufficient funds item whether paid or returned as set forth in the Rate Addendum, Truth in Savings Disclosures and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result Schedule of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protectionFees and Charges. Except as otherwise agreed to in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft an item that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time. For ATM and one-time debit transactions, you must consent to the Credit Union’s overdraft protection plan in order for the transaction amount to be covered under the plan. Without your consent, the Credit Union may not authorize and pay an overdraft resulting from these types of transactions. Services and fees for overdrafts are shown in the Rate Addendum, Truth in Savings Disclosures and Schedule of Fees and Charges. Qualifications for Overdraft Protection (Courtesy Pay). You must opt-in by separate agreement for Courtesy Pay. Courtesy Pay is contingent on your Credit Union consumer checking account being open for at least sixty (60) days and thereafter you maintain the account in good standing, which includes, but not limited to: ❖ Making regular deposits consistent with your past practices. ❖ Depositing an amount equal to or greater than the amount of discretionary overdraft protection extended to your account and bringing your account to a positive balance within a thirty (30) day period for a minimum of 24 hours. ❖ You are not in default of any loan greater than 30 days or other obligation to the Credit Union. ❖ You are not subject to any legal or administrative order or levy. ❖ New Credit Union members must wait 60 days from their date of enrollment to participate in the Courtesy Pay Program. Accounts not fulfilling these obligations will have Courtesy Pay suspended. The Credit Union will consider, as a discretionary courtesy and not a right or obligation, approving reasonable overdrafts. This privilege for consumer checking accounts will generally be limited to a maximum of $300 (without Credit Union Direct Deposit) overdraft (negative) balances. Any and all fees and charges, including giving without limitations the non-sufficient funds fees, continuous overdraft fees and interest charges (as set forth in our fee schedule and deposit account agreement and disclosure), will be included in these maximum limits. You may be eligible to opt-in for courtesy pay after 60 days of your account being in good standings. If you would like overdraft coverage for your ATM withdrawals and everyday debit card purchases, please contact the Credit Union for more information or to opt-in. How Transactions are Posted to Your Account. There are two types of transactions that affect your account: credits (deposits of money into your account) and debits (payments out of your account). It is important to understand how each is applied to your account so that you know how much money you have and how much is available to you at any given time. This section explains generally how and when we post transactions to your account. Credits. Deposits are generally added to your account when we receive them. However, in some cases when you deposit a payor bank extra check or draft, the full amount of the deposit may not be available to you at the time beyond of deposit. Please refer to the Funds Availability Policy Disclosure for details regarding the timing and availability of funds from deposits. Debits. There are several types of debit transactions. Common debit transactions are generally described below. Keep in mind that there are many ways transactions are presented for payment by merchants, and we are not necessarily in control of when transactions are received. ❖ Drafts. When you write a draft, it is processed through the Federal Reserve System. We receive data files of cashed drafts from the Federal Reserve each day. The drafts drawn on your account are compiled from these data files and paid each day. We process the payments in the order contained in the data file. ❖ ACH Payments. We receive data files every day from the Federal Reserve with Automated Clearing House (ACH) transactions. These include, for example, automatic bill payments you have authorized. ACH transactions for your account are posted throughout the day. ❖ PIN-Based Debit Card Purchase Transactions. These are purchase transactions using your debit card for which a merchant may require you to enter your personal identification number (PIN) at the time of sale. They are processed through a PIN debit network. These transactions are similar to ATM withdrawal transactions because the money is usually deducted from your account immediately at the time of the transaction. However, depending on the merchant, a PIN-based transaction may not be immediately presented for payment. ❖ Signature-Based Debit Card Purchase Transactions. These are purchase transactions using your debit card that are processed through a signature-based network. Rather than entering a PIN, you typically sign for the purchase; however, merchants may not require your signature for certain transactions. Merchants may seek authorization for these types of transactions. The authorization request places a hold on funds in your account when the authorization is completed. The “authorization hold” will reduce your available balance by the amount authorized but will not affect your actual balance. The transaction is subsequently processed by the merchant and submitted to us for payment. This can happen hours or sometimes days after the transaction, depending on the merchant and its payment processor. These payment requests are received in real time throughout the day and are posted to your account when they are received. The amount of an authorization hold may differ from the actual payment because the final transaction amount may not yet be known to the merchant when you present your card for payment. For example, if you use your debit card at a restaurant, a hold will be placed in an amount equal to the bill presented to you; but when the transaction posts, it will include any midnight deadline limits.tip that you may have added to the bill. This may also be the case where you present your debit card for payment at gas stations, hotels and certain other retail establishments. We cannot control how much a merchant asks us to authorize, or when a merchant submits a transaction for payment. This is a general description of certain types of transactions. These practices may change, and we reserve the right to pay items in any order we choose as permitted by law. Understanding Your Account Balance. Your share draft account has two kinds of balances: the actual balance and the available balance. ❖ Actual Balance – Your actual balance reflects the full amount of all deposits to your account as well as payment transactions that have been posted to your account. It does not reflect drafts you have written and are still outstanding or transactions that have been authorized but are still pending. ❖ Available Balance – Your available balance is your actual balance less: (1) holds placed on deposits; (2) holds on debit card or other transactions that have been authorized but are not yet posted; and

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, except ATM or debit card purchases, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection transfer plan that you have with usTrailhead. The Credit Union’s determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds check. Your account will then be subject to a charge for the item whether paid or returned as set forth in the Rate and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(s) of the returned item. How- everHowever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protection. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing dis- continue covering overdrafts at any time. If the Credit Union pays a draft that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including includ- ing giving a payor bank extra time beyond any midnight deadline limits.

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you may have with us. The Credit Union’s 's determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline 's payment of item with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds checkitem. Your account will then be subject to The Credit Union may charge a charge fee for the an insufficient funds item whether paid or returned as set forth in the Rate Addendum, Truth in Savings Disclosures and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result Schedule of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protectionFees and Charges. Except as otherwise agreed to in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft an item that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time. For ATM and one-time debit transactions, you must consent to the Credit Union’s overdraft protection plan in order for the transaction amount to be covered under the plan. Without your consent, the Credit Union may not authorize and pay an overdraft resulting from these types of transactions. Services and fees for overdrafts are shown in the Rate Addendum, Truth in Savings Disclosures and Schedule of Fees and Charges. Qualifications for Overdraft Protection (Courtesy Pay). You must opt-in by separate agreement for Courtesy Pay. Courtesy Pay is contingent on your Credit Union consumer checking account being open for at least sixty (60) days and thereafter you maintain the account in good standing, which includes, but not limited to:  Making regular deposits consistent with your past practices.  Depositing an amount equal to or greater than the amount of discretionary overdraft protection extended to your account and bringing your account to a positive balance within a thirty (30) day period for a minimum of 24 hours.  You are not in default of any loan greater than 30 days or other obligation to the Credit Union.  You are not subject to any legal or administrative order or levy.  New Credit Union members must wait 60 days from their date of enrollment to participate in the Courtesy Pay Program. Accounts not fulfilling these obligations will have Courtesy Pay suspended. The Credit Union will consider, as a discretionary courtesy and not a right or obligation, approving reasonable overdrafts. This privilege for consumer checking accounts will generally be limited to a maximum of $300 (without Credit Union Direct Deposit) overdraft (negative) balances. Any and all fees and charges, including giving without limitations the non-sufficient funds fees, continuous overdraft fees and interest charges (as set forth in our fee schedule and deposit account agreement and disclosure), will be included in these maximum limits. You may be eligible to opt-in for courtesy pay after 60 days of your account being in good standings. If you would like overdraft coverage for your ATM withdrawals and everyday debit card purchases, please contact the Credit Union for more information or to opt-in. How Transactions are Posted to Your Account. There are two types of transactions that affect your account: credits (deposits of money into your account) and debits (payments out of your account). It is important to understand how each is applied to your account so that you know how much money you have and how much is available to you at any given time. This section explains generally how and when we post transactions to your account. Credits. Deposits are generally added to your account when we receive them. However, in some cases when you deposit a payor bank extra check or draft, the full amount of the deposit may not be available to you at the time beyond of deposit. Please refer to the Funds Availability Policy Disclosure for details regarding the timing and availability of funds from deposits. Debits. There are several types of debit transactions. Common debit transactions are generally described below. Keep in mind that there are many ways transactions are presented for payment by merchants, and we are not necessarily in control of when transactions are received.  Drafts. When you write a draft, it is processed through the Federal Reserve System. We receive data files of cashed drafts from the Federal Reserve each day. The drafts drawn on your account are compiled from these data files and paid each day. We process the payments in the order contained in the data file.  ACH Payments. We receive data files every day from the Federal Reserve with Automated Clearing House (ACH) transactions. These include, for example, automatic bill payments you have authorized. ACH transactions for your account are posted throughout the day.  PIN-Based Debit Card Purchase Transactions. These are purchase transactions using your debit card for which a merchant may require you to enter your personal identification number (PIN) at the time of sale. They are processed through a PIN debit network. These transactions are similar to ATM withdrawal transactions because the money is usually deducted from your account immediately at the time of the transaction. However, depending on the merchant, a PIN-based transaction may not be immediately presented for payment.  Signature-Based Debit Card Purchase Transactions. These are purchase transactions using your debit card that are processed through a signature-based network. Rather than entering a PIN, you typically sign for the purchase; however, merchants may not require your signature for certain transactions. Merchants may seek authorization for these types of transactions. The authorization request places a hold on funds in your account when the authorization is completed. The “authorization hold” will reduce your available balance by the amount authorized but will not affect your actual balance. The transaction is subsequently processed by the merchant and submitted to us for payment. This can happen hours or sometimes days after the transaction, depending on the merchant and its payment processor. These payment requests are received in real time throughout the day and are posted to your account when they are received. The amount of an authorization hold may differ from the actual payment because the final transaction amount may not yet be known to the merchant when you present your card for payment. For example, if you use your debit card at a restaurant, a hold will be placed in an amount equal to the bill presented to you; but when the transaction posts, it will include any midnight deadline limits.tip that you may have added to the bill. This may also be the case where you present your debit card for payment at gas stations, hotels and certain other retail establishments. We cannot control how much a merchant asks us to authorize, or when a merchant submits a transaction for payment. This is a general description of certain types of transactions. These practices may change, and we reserve the right to pay items in any order we choose as permitted by law. Understanding Your Account Balance. Your share draft account has two kinds of balances: the actual balance and the available balance.  Actual Balance – Your actual balance reflects the full amount of all deposits to your account as well as payment transactions that have been posted to your account. It does not reflect drafts you have written and are still outstanding or transactions that have been authorized but are still pending.  Available Balance – Your available balance is your actual balance less: (1) holds placed on deposits; (2) holds on debit card or other transactions that have been authorized but are not yet posted; and

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds checkitem. Your account will then be subject to The Credit Union may charge a charge fee for the an insufficient funds item whether paid or returned as set forth in the “Rate Addendum and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result Schedule of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protection. Fees and Charges.” Except as otherwise agreed to in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft an item that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.. Courtesy Pay. Courtesy Pay is a discretionary form of overdraft protection that is available to all members in good standing holding a qualified share draft account. Only one(1) share draft account per member will carry courtesy pay. Good standing includes but is not limited to:

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you may have with us. The Credit Union’s 's determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline 's payment of item with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds checkitem. Your account will then be subject to The Credit Union may charge a charge fee for the an insufficient funds item whether paid or returned as set forth in the Rate Addendum and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result Schedule of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protectionFees and Charges. Except as otherwise agreed to in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft an item that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time. For ATM and one-time debit transactions, you must consent to the Credit Union’s overdraft protection plan in order for the transaction amount to be covered under the plan. Without your consent, the Credit Union may not authorize and pay an overdraft resulting from these types of transactions. Services and fees for overdrafts are shown in the Schedule of Fees and Charges. Qualifications for Overdraft Protection (Courtesy Pay). You must opt-in by separate agreement for Courtesy Pay. Courtesy Pay is contingent on your Credit Union consumer checking account being open for at least sixty (60) days and thereafter you maintain the account in good standing, which includes, but not limited to:  Making regular deposits consistent with your past practices.  Depositing an amount equal to or greater than the amount of discretionary overdraft protection extended to your account and bringing your account to a positive balance within a thirty (30) day period for a minimum of 24 hours.  You are not in default of any loan greater than 30 days or other obligation to the Credit Union.  You are not subject to any legal or administrative order or levy.  New Credit Union members must wait 60 days from their date of enrollment to participate in the Courtesy Pay Program. Accounts not fulfilling these obligations will have Courtesy Pay suspended. The Credit Union will consider, as a discretionary courtesy and not a right or obligation, approving reasonable overdrafts. This privilege for consumer checking accounts will generally be limited to a maximum of $400 (without Credit Union Direct Deposit) overdraft (negative) balances. Any and all fees and charges, including giving without limitations the non-sufficient funds fees, continuous overdraft fees and interest charges (as set forth in our fee schedule and deposit account agreement and disclosure), will be included in these maximum limits. How Transactions are Posted to Your Account. There are two types of transactions that affect your account: credits (deposits of money into your account) and debits (payments out of your account). It is important to understand how each is applied to your account so that you know how much money you have and how much is available to you at any given time. This section explains generally how and when we post transactions to your account. Credits. Deposits are generally added to your account when we receive them. However, in some cases when you deposit a payor bank extra check or draft, the full amount of the deposit may not be available to you at the time beyond any midnight deadline limitsof deposit. Please refer to the Funds Availability Policy Disclosure for details regarding the timing and availability of funds from deposits. Debits. There are several types of debit transactions. Common debit transactions are generally described below. Keep in mind that there are many ways transactions are presented for payment by merchants, and we are not necessarily in control of when transactions are received.

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items (ACH, debit/ATM card transactions) posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s 's determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s 's midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds check. Your account will then be subject to a charge for the item whether paid or returned as set forth in the Rate and Fee Schedule. The Credit Union We may charge a fee each time a check or item is submitted or resubmitted for paymentpayment and we either return or pay the overdraft. Therefore, you may be assessed more than one fee as a result of a returned item or any resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM item that overdraws or debit card purchase transaction unless you request such protectionwould overdraw your account. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.

Overdraft Liability. If If, on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance balance is made at the time the check or item is presented to us, which may be made later during the day or a different day than the time you conduct the transaction. Overdrafts will be determined based on the available balance in your account at any the time between presentation and the Credit Union’s midnight deadline with only one review of the item is presented to us for payment. Your available balance may be lower than your actual balance if your account required. The Credit Union has no duty funds held for pending debit card transactions you have authorized, pending direct deposits that are not yet available for withdrawal, or if you have deposited checks that are held pursuant to notify you of an insufficient our funds checkavailability policy. Your account will then be subject to a charge fee for non-sufficient funds or unavailable funds for the item whether paid or returned as set forth in the Rate and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(s) of the returned item. How- ever, If the Credit Union will not charge returns an overdraft item unpaid, it may be re-presented to us for payment and is subject to a subsequent fee for covering an everyday ATM non-sufficient funds or debit card purchase transaction unless you request such protectionunavailable funds each time it is presented as set forth in the Fee Schedule. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft check or other item that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds check. Your account will then be subject to a charge for the item whether paid or returned as set forth in the Rate and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(s) of the returned item. How- everHowever, the Credit Union union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protection. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks check and other debit transactions posted to your account, those checks check and items debit transactions will be handled in accordance with our overdraft procedures procedures, or an the overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of insufficient funds. If an insufficient funds check. Your overdraft occurs, your account will then be subject to a non-sufficient funds (NSF) charge for the item check or other debit transaction, whether paid or returned returned, as set forth in the Rate and Fee Schedule. The Credit Union We may charge a an NSF fee each time a check or item other debit transaction is submitted or resubmitted presented for payment. Therefore, therefore you may be assessed more than one fee as a result of a resubmission of previously returned item checks or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or other debit card purchase transaction unless you request such protectiontransactions. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft check or debit transaction that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any the midnight deadline limits. If your account is overdrawn and we find that funds are available in another account owned by you, we may transfer the funds to resolve the negative balance amount and may charge you a fee as disclosed on the Rate and Fee Schedule.

Overdraft Liability. If If, on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance balance is made at the time the check or item is presented to us, which may be made later during the day or a different day than the time you conduct the transaction. Overdrafts will be determined based on the available balance in your account at any the time between presentation and the Credit Union’s midnight deadline with only one review of the item is presented to us for payment. Your available balance may be lower than your actual balance if your account required. The Credit Union has no duty funds held for pending debit card transactions you have authorized, pending ACH or direct deposits that are not yet available for withdrawal or if you have deposited checks that are held pursuant to notify you of an insufficient our funds checkavailability policy. Your account will then be subject to a charge for the item whether paid or returned as set forth in the Deposit Rate Sheet and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protection. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft check or other item that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.

Overdraft Liability. If on at any daytime, the available funds Available Balance in your checking account are is not sufficient to cover checks checks, ATM withdrawals, debit card transactions, ACH transactions, and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account bal- ance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds checkitem. Your account will then be subject to a charge for the item whether paid or returned as set forth in the Rate and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protection. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If OVERDRAFT PROTECTION OPTIONS • Accounts with no established Overdraft Protection option: For Checking accounts with no established Overdraft Protection option, any check or ACH debit presented for payment, for which the Credit Union pays Available Balance is not sufficient to cover the entire amount of the debit, will be returned and a draft that would otherwise overdraw your fee assessed as shown on the Rate and Fee Schedule. A debit card or ATM withdrawal transaction attempt, for which the account’s Available Balance is not sufficient, you agree will be denied (some debit card transactions may be posted against insufficient funds, if the original transaction was authorized prior to pay posting, when the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limitsaccount Available Balance was sufficient).

Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other debit transactions items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or an overdraft protection plan you have with us. The Credit Union’s 's determination of an insufficient account bal- ance balance may be made at any time between presentation and the Credit Union’s 's midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds checkitem. Your account will then be subject to The Credit Union may charge a charge fee for the an insufficient funds item whether paid or returned as set forth in the “Rate Addendum and Fee Schedule. The Credit Union may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result Schedule of a returned item or resubmission(s) of the returned item. How- ever, the Credit Union will not charge an overdraft fee for covering an everyday ATM or debit card purchase transaction unless you request such protection. Fees and Charges.” Except as otherwise agreed to in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue cover- ing covering overdrafts at any time. If the Credit Union pays a draft an item that would otherwise overdraw your account, you agree to pay the overdraft amount immediately. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.. Courtesy Pay. is a form of overdraft protection that is available to all members in good standing holding a share draft account. Eligible accounts and guidelines are as follows: