Electronic Access Disclosure
Electronic Access is a service that utilizes a personal computer
or self-service terminal in combination with a Personal
Identification Number (PIN) to obtain account information
and perform transactions. Use of Electronic Access is governed
by the terms and conditions applicable to the Member?s
account (s); Membership and Account Agreement; the following
terms of this disclosure; bylaws, agreements, rules, regulations
and applicable law; and such other terms, conditions, and/or
amendments as may be established from time to time and
communicated to Member in writing.
- Franklin County Teachers? Credit Union (FCTCU) will
issue a secret PIN exclusively to Member.
Member agrees to promptly change the PIN issued
by FCTCU to one of member?s choosing, and agrees to
make every reasonable effort to protect the security of
his/her PIN to ensure that another person does not
obtain the PIN. Member agrees to be responsible for
all transactions performed by anyone to whom Member
has provided his/her PIN.
- Member may use Electronic Access to obtain account
and credit union information, transfer funds between
accounts, withdraw funds by mailed check and perform
other electronic financial services that may be offered
and announced from time to time. Transactions will be
posted to the account(s) designated by the Member and
will appear on the member?s account statement(s).
Member agrees to immediately pay any overdrawn
amounts without notice or demand and, if in default, all
related collection costs and attorney fees.
- Member shall review account statements from FCTCU
promptly and report any errors or unauthorized transactions.
Electronic Fund Transfer Disclosure, which will be provided
under separate cover to Member, specifies the legal
limitations on member?s liability for unauthorized
transactions, as well as the rules for unauthorized
transactions and error resolutions.
- FCTCU retains the right to limit the frequency and duration
of Electronic Access service or any function thereof, limit the
amount of withdrawals, assess fees, or change its policies
regarding these matters at any time without amending this
disclosure. Member?s account(s) may be debited for such
fees. Current limits and fees, if any, will be provided to
Member separately in writing. Electronic Access service may
be revoked by FCTCU without notice.
- FCTCU makes no claims or warranties with respect to the
operation of the associated equipment or system (s), and shall
not be liable for any equipment failure or malfunction of the
equipment or system(s), except as provided by law.
- Member may cancel services at any time by notifying FCTCU
in writing. In that event, all rights and obligations for any
transaction that occurs before FCTCU received notice of
cancellation shall be determined by this disclosure.
- Member accounts are federally insured by NCUA.
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