Common use of Telephone Banking Clause in Contracts

Telephone Banking. A separate personal identification number (PIN) will be assigned to you. You must use your personal identification number (PIN) along with your account number to access your accounts. At the present time, you may use Telephone Banking to: − Withdraw funds from your share (savings) and share draft (checking) accounts; − Transfer funds from your share (savings) and share draft (checking) accounts; − Obtain balance information for your share (savings) and share draft (checking) accounts; − Make loan payments from your share (savings) and share draft (checking) accounts; and − Obtain information on the last few deposits and withdrawals on your share (savings) and share draft (checking) accounts. Your accounts can be accessed under Telephone Banking via a touch- tone phone only. Telephone Banking services will be available for your convenience 24 hours per day. This service may be interrupted for data processing or upgrade requirements. − At this time, there is no limit to the number of inquiries or withdrawal requests you may make in any one (1) day. − Monetary Transfers from share (savings) and money market accounts via Telephone Banking are included, under Regulation D, as part of the transfer limitations. Transaction Limitations – Pursuant to Regulation D, for all share (savings), club, and money market accounts, you may make no more than six (6) transfers and/or withdrawals from your account to another account of yours or to a third party in any month by means of preauthorized, automatic or internet transfer, by telephonic order or instruction, debit card or similar order. If you exceed these limitations, your account may be subject to withdrawal restrictions, fees, or be closed. Conditions of EFT Services -