Credit Union Liability definition

Credit Union Liability. If we do not properly complete a transaction according to this Agreement, we will be liable for your losses or damage not to exceed the amount of the transaction, except as otherwise provided by law. We will not be liable if:
Sample 1Sample 2
Credit Union Liability. If we do not properly complete a transaction according to this Agree- ment, we will be liable for your losses or damage not to exceed the amount of the transaction, except as otherwise provided by law. We will not be liable if: (1) your Account contains insuf- ficient funds for the transaction; (2) Circumstances beyond our control prevent the transac- tion; (3) Your loss is caused by your own or another financial institution’s negligence; or (4) Your Account funds are subject to legal process or other claim. We will not be liable for consequen- tial damages, except liability for wrongful dishonor. We exercise ordinary care if our actions or non-actions are consistent with applicable state law, Federal Reserve regulations and operating letters, clearinghouse rules and general banking practices followed in the area we serve. You grant us the right, in making payments of deposited funds, to rely exclusively on the form of the Account and the terms of this Account Agreement. Any conflict between what you or our employees may say or write will be resolved by reference to this Agreement.
Sample 1
Credit Union Liability. If we do not properly complete a transaction according to this Agree- ment, we will be liable for your losses or damage not to exceed the amount of the transac- tion, except as otherwise provided by law. We will not be liable if:
Sample 1

Examples of Credit Union Liability in a sentence

  • General Limitations on Credit Union Liability: We are not liable to you for any Loss caused by an event that is beyond our reasonable control including if circumstances beyond our reasonable control prevent us or delay us in performing our obligations with regard to any transaction, including acting on a payment order, crediting any funds transfer to your Account(s), processing an Item or crediting your Account(s).

  • General Limitations on Credit Union Liability: We are not liable to you for any loss caused by an event that is beyond our reasonable control including if circumstances beyond our reasonable control prevent us or delay us in performing our obligations with regard to any transaction, including acting on a payment order, crediting any funds transfer to your Account(s), processing an Item or crediting your Account(s).

  • Our business days are Monday through Friday, excluding holidays.9. Credit Union Liability and Preauthorlzed Payments.Credit Union Liability for Failure to Make TransfersIf we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we may be liable for your losses or damages.

  • For additional information concerning your right to stop payment of pre-authorized electronic fund transfers, please refer to your Electronic Fund Transfers Disclosures.9. DATCU Credit Union Liability.

  • The tables for Turner Rise, Peartree Road, Highwoods, Greenstead Road and Non-central stores in Borough follow the same arrangement as the tables for Tollgate.

  • Also, experts who had to deal with such problems during a power failure in Slovenia shared their experiences.

  • Credit Union Liability A downloadable application (app) is required for the use for Chaffey FCU’s RDC Service.

  • These actions included legally obligating the TCCUSF as the issuer and holder of a $1 billion capital note with U.S. Central Federal Credit Union (“USC”), and for all liabilities arising from the Temporary Corporate CreditUnion Share Guarantee Program (“TCCUSGP”) and the Temporary Corporate Credit Union Liability Guarantee Program (“TCCULGP”).

  • Credit Union Liability for Failure to Make Transfers.If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we may be liable for your losses or damages.

  • Any written notice to the Credit Union by the Member must be hand delivered or sent by U.S. mail or express carrier to: GECU Attn: Payment Services Department X.X. Xxx 00000 Xx Xxxx, XX 00000-0000 Credit Union Liability: The Credit Union shall be responsible only for performing the fund/wire transfer services provided in this Agreement and shall be liable only for its willful misconduct in performing such services.


More Definitions of Credit Union Liability

Credit Union Liability. A downloadable application (Software) is available for Credit Union’s Mobile Check Deposit. Use of the Software is secure and requires log in authentication. The Service and/or Software may not be available at any time for any reason outside of the reasonable control of the Credit Union or any service provider. Delivery and receipt of deposit transactions through the Service may be delayed or impacted by factors pertaining to your phone carriers, other parties, or because of other reasons outside our control. You are responsible for understanding the operation and maintenance of your equipment. The Credit Union is not responsible for any errors or failures related to your equipment or for the cost of upgrading your equipment in order to utilize the Service. We will not be liable for any losses or damages arising from any disclosure of account information to third parties, non-delivery, delayed delivery, misdirected delivery or mishandling of, or inaccurate content in, information and instructions sent through the Service, or for the timeliness, deletion, or failure to store any user data, communications or personalization settings. Computers and smartphones with Internet capabilities are susceptible to viruses. It is your responsibility to ensure that your equipment is protected against and free from viruses, worms, Trojan horses, and any other harmful components which could result in damage to programs, files, phones, or interception of information by a third party. The Credit Union is not responsible for any indirect, special, or consequential damages that may result from harmful hardware or software components on equipment. We shall not be responsible for any other loss or damage caused by the Service or Software. Nor shall we be responsible for any direct, indirect or consequential damages arising from the use or maintenance of the Service or Software. The Service and Software is provided "as is" without any warranty of any kind, either expressed or implied, including but not limited to the implied warranties of fitness for a particular purpose, warranties of merchantability, or warranties against infringement. We make no representation that content or use of Mobile Check Deposit is available for use in locations outside the United States. Accessing from locations outside of the United States is at your own risk. The Service is provided for your convenience. Acknowledgement of receipt does not replace your account statements, which are the official rec...
Sample 1

Related to Credit Union Liability

  • Credit Union means the registered society.

  • UK Bail-in Liability means a liability in respect of which the UK Bail-in Powers may be exercised.

  • Credit union service organization means an organization, corporation, or association whose membership or ownership is primarily confined or restricted to credit unions or organizations of credit unions and whose purpose is primarily designed to provide services to credit unions, organizations of credit unions, or credit union members.

  • Intra-Group Liabilities means the Liabilities owed by any member of the Group to any of the Intra-Group Lenders.

  • Solid waste facility means a site, location, tract of land, installation, or building used for incineration, composting, sanitary landfilling, or other methods of disposal of solid wastes or, if the solid wastes consist of scrap tires, for collection, storage, or processing of the solid wastes; or for the transfer of solid wastes.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Resource recovery facility means a solid waste facility

  • Federal credit union means a credit union chartered under the Federal Credit Union Act.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Unfunded Pension Liability means the excess of a Plan's benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Plan's assets, determined in accordance with the assumptions used for funding the Pension Plan pursuant to Section 412 of the Code for the applicable plan year.

  • Environmental pollution means the contaminating or rendering unclean or impure the air, land or waters of the state, or making the same injurious to public health, harmful for commer- cial or recreational use, or deleterious to fish, bird, animal or plant life.

  • Safety Obligations means all applicable obligations concerning health and safety (including any duty of care arising at common law, and any obligation arising under statute, statutory instrument or mandatory code of practice) in Great Britain;

  • Environmental Protection Agency (EPA) means the United States Environmental Protection Agency.

  • Organ procurement organization means a person designated by the Secretary of the United States Department of Health and Human Services as an organ procurement organization.

  • Title IV-E Foster Care means a federal program authorized under §§ 472 and 473 of the Social

  • Solid waste management facility means the same as that term is defined in Section 19-6-502.

  • National Pollutant Discharge Elimination System means the national program for issuing, modifying, revoking and reissuing, terminating, monitoring and enforcing permits, and imposing and enforcing pretreatment requirements under Sections 307, 402, 318, and 405 of the Clean Water Act.

  • Contingent Liability means any agreement, undertaking or arrangement by which any Person guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to, or otherwise to invest in, a debtor, or otherwise to assure a creditor against loss) the indebtedness, obligation or any other liability of any other Person (other than by endorsements of instruments in the course of collection), or guarantees the payment of dividends or other distributions upon the shares of any other Person. The amount of any Person’s obligation under any Contingent Liability shall (subject to any limitation set forth therein) be deemed to be the outstanding principal amount (or maximum outstanding principal amount, if larger) of the debt, obligation or other liability guaranteed thereby.