Common use of Termination of Account Clause in Contracts

Termination of Account. The Credit Union may terminate your account at any time without notice to you or may require you to close your ac- count and apply for a new account if (1) there is a change in owners or authorized signers; (2) there has been a forgery or fraud reported or committed involving your account; (3) there is a dispute as to the ownership of the funds in the account; (4) any account checks are lost or stolen; (5) if there are excessive returned unpaid items not covered by an overdraft protection plan; (6) if there has been any misrepre- sentation or any other abuse of any of your accounts; or (7) if you communicate or act in an abusive or threatening manner to any Credit Union staff. You may terminate your account at any time by notifying the Credit Union in writing. The Credit Union is not responsible for payment of any check, withdrawal, or other item once your account is terminated; however, if the Credit Union pays a check after termination, you agree to reimburse the Credit Union for payment.

Appears in 5 contracts

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

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Termination of Account. The Credit Union may terminate your account at any time without notice to you or may require you to close your ac- count account and apply for a new account if (1a) there is a change in owners or authorized signers; (2b) there has been a forgery or fraud reported or committed involving your account; (3c) there is a dispute as to the ownership of the funds in the account; (4d) any account checks are lost or stolen; (5e) if there are excessive returned unpaid items not covered by an overdraft protection plan; or (6f) if there has been any misrepre- sentation misrepresentation or any other abuse of any of your accounts; or (7) if you communicate or act in an abusive or threatening manner to any Credit Union staff. You may terminate your account at any time by notifying the Credit Union by oral direction or in writing. The Credit Union reserves the right to require the consent of all owners to terminate a joint account. The Credit Union is not responsible for payment of any check, withdrawal, or other item once your account is terminated; however, if the Credit Union pays a check after termination, you agree to reimburse the Credit Union for payment.

Appears in 3 contracts

Samples: www.thefloristfcu.org, www.thefloristfcu.org, www.thefloristfcu.org

Termination of Account. The Credit Union may terminate your account accounts at any time without notice to you or may require you to close your ac- count accounts and apply for a new account if if: (1) there is a change in owners or authorized signers; (2) there has been a forgery or fraud reported or committed involving your account; (3) there is a dispute as to the ownership of the funds in the account; (4) any account checks are lost or stolen; (5) if there are excessive returned unpaid items not covered by an overdraft protection coverage plan; (6) if there has been any misrepre- sentation misrepresentation or any other abuse of any of your accounts; or (7) if you communicate fail to satisfy any of the terms and conditions of the account or act in an abusive or threatening manner to any Credit Union staffBylaws and policies. You may terminate your account at any time by notifying the Credit Union in writing. The Credit Union is not responsible for payment of any check, withdrawal, or other item once your account is terminated; however, if the Credit Union pays a check after termination, you agree to reimburse the Credit Union for the payment.

Appears in 1 contract

Samples: Account Agreement

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Termination of Account. The Credit Union may terminate your account at any time without notice to you or may require you to close your ac- count account and apply for a new account if (1a) there is a change in owners or authorized signers; (2b) there has been a forgery or fraud reported or committed involving your account; (3c) there is a dispute as to the ownership of the funds in the account; (4d) any account checks are lost or stolen; (5e) if there are excessive returned unpaid items not covered by an overdraft protection plan; or (6f) if there has been any misrepre- sentation misrepresentation or any other abuse of any of your accounts; or (7) if you communicate or act in an abusive or threatening manner to accounts including any Credit Union staffrestricted transactions under the Unlawful Internet Gambling Enforcement Act. You may terminate your account at any time by notifying the Credit Union by oral direction or in writing. The Credit Union is not responsible for payment of any check, withdrawal, withdrawal or other item once your account is terminated; however, if the Credit Union pays a check after termination, you agree to reimburse the Credit Union for payment.

Appears in 1 contract

Samples: Agreement

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