Common use of Share Savings Accounts Clause in Contracts

Share Savings Accounts. Deposits. After you have established your Membership Share Savings Account, you may make additional deposits into that account, or establish additional share savings accounts and other types of accounts as described below, at any time and in any amount. We may establish minimum amounts for deposits in your Share Savings Accounts or other accounts. Your Membership Share Savings Account and your other share savings accounts will be referred to singularly in this Agreement as “Share Savings Account” and collectively as “Share Savings Accounts,” as applicable. Additional Share Savings Accounts can be established by completing an Application to Add Additional Share Savings Account. You can make deposits in person or by mail. You can also arrange to have deposits made directly to Share Savings Account(s) by participating payers. If you have an automated teller machine (ATM) card, you may also make a deposit through automated teller machines equipped to accept deposits. If you have applied for and been given access to our Telephone Banking service or our Home Banking service, you can also transfer funds from one account to another. Deposits may also be made at a night depository at those Credit Union locations that have a night depository. Funds deposited to a night depository are considered deposited on the day on which the deposit is removed from such facility and is available for processing. The Credit Union is not responsible for deposits placed in the night depository until the depository is opened, and deposits are subject to count and verification by the Credit Union.

Share Savings Accounts. Deposits. After you have established your Membership Share Savings Account, you may make additional deposits into that account, or establish additional share savings accounts and other types of accounts as described below, at any time and in any amount. We may establish minimum amounts for deposits in your Share Savings Accounts or other accounts. Your Membership Share Savings Account and your other share savings accounts will be referred to singularly in this Agreement as “Share Savings Account” and collectively as “Share Savings Accounts,” as applicable. Additional Share Savings Accounts can be established by completing an Application application to Add Additional Share Savings Account. You can make deposits in person or by mail. You can also arrange to have deposits made directly to Share Savings Account(s) by participating payers. If you have an automated teller machine (ATM) card, you may also make a deposit through automated teller machines equipped to accept deposits. If you have applied for and been given access to our Telephone Banking service or our Home Banking service, you can also transfer funds from one account to another. Deposits may also be made at a night depository at those Credit Union locations that have a night depository. Funds deposited to a night depository are considered deposited on the day on which the deposit is removed from such facility and is available for processing. The Credit Union is not responsible for deposits placed in the night depository until the depository is opened, and deposits are subject to count and verification by the Credit Union.