Common use of Payment of Overdrafts Clause in Contracts

Payment of Overdrafts. If, on any day, the available funds in your share or deposit account are not sufficient to pay the full amount of a check, draft, transaction, or other item, plus any applicable fee, that is posted to your account, we may return the item or pay it, as described below. The Credit Union's determination of an insufficient available account balance may be made at any time between presentation and the Credit Union's midnight deadline with only one review of the account required. We do not have to notify you if your account does not have sufficient available funds in order to pay an item. Your account may be subject to a charge for each item regardless of whether we pay or return the item.

Appears in 20 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

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Payment of Overdrafts. If, on any day, the available funds in your share or deposit account are not sufficient to pay the full amount of a check, draft, transaction, or other item, plus any applicable fee, that is posted to your account, we may return the item or pay it, as described below. The Credit Union's determination of an insufficient available account balance may be made at any time between presentation and the Credit Union's midnight deadline with only one review of the account required. We do not have to notify you if your account does not have sufficient available funds in order to pay an item. Your account may be subject to a charge for each item regardless of whether we pay or return the item.

Appears in 4 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement and Disclosures

Payment of Overdrafts. If, on any day, the available funds balance in your share or deposit account are not sufficient to pay the full amount of a check, draft, transaction, or other item, plus any applicable fee, that is posted to your account, we may return the item or pay it, as described below. The Credit Union's determination of an insufficient available account balance may be made at any time between presentation and the Credit Union's midnight deadline with only one review of the account required. We do not have to notify you if your account does not have sufficient available funds balance in order to pay an item. Your account may be subject to a charge for each item regardless of whether we pay or return the item.

Appears in 3 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

Payment of Overdrafts. If, on any day, the available funds in your share or deposit account are not sufficient to pay the full amount of a check, draft, transaction, or other item, plus any applicable fee, that is posted to your account, we may return the item or pay it, as described below. The Credit Union's ’s determination of an insufficient available account 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. We do not have to notify you if your account does not have sufficient available funds in order to pay an item. Your account may be subject to a charge for each item regardless of whether we pay or return the item.

Appears in 2 contracts

Samples: Tumcu Disclosure, Membership and Account Agreement

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Payment of Overdrafts. If, on any day, the available funds balance in your share or deposit account are is not sufficient to pay the full amount of a check, draft, transaction, or other item, plus any applicable fee, fee that is posted to your account, we may return the item or pay it, as described below. The Credit Union's ’s determination of an insufficient available account 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. We do not have to notify you if your account does not have sufficient available funds balance in order to pay an item. Your account may be subject to a charge for each item regardless of whether we pay or return the item.

Appears in 1 contract

Samples: Membership and Account Agreement

Payment of Overdrafts. If, on any day, the available funds in your share or deposit account are not sufficient to pay the full amount of a check, draft, transactiontransac- tion, or other item, plus any applicable fee, that is posted to your account, we may return the item or pay it, as described below. The Credit Union's ’s determination of an insufficient available account 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. We do not have to notify you if your account does not have sufficient available funds in order to pay an item. Your account may be subject to a charge for each item regardless of whether we pay or return the item.

Appears in 1 contract

Samples: www.secunm.org

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