Your Rights and Responsibilities
Generally. Tell us AT ONCE if you believe your card, PIN and/or
code has been lost or stolen, or if you believe that an electronic fund
transfer has been made without your permission using information from your
check. Telephoning is the best way of keeping your possible losses down. You
could lose all the money in your account plus your maximum overdraft line of
credit and Courtesy Pay limit. You must promptly notify us of the loss or theft
of your card or the possible unauthorized use of your Card.
Also, if your statement shows transfers that you did
not make, including those made by card, PIN, code or other means, tell us at
once. If you do not tell us within 60 days after the statement was mailed to
you, you may not get back any money you lost after the 60 days if we can prove
that we could have stopped someone from taking the money if you had told us in
time. If a good reason (such as a long trip or a hospital stay) kept you from
telling us, we will extend the time periods.
Zero liability policy, you will not be liable for any unauthorized transactions using your MasterCard Debit Card if: (i) you can demonstrate that you have exercised reasonable care in safeguarding your card from the risk of loss or theft, and (ii) upon becoming aware of a loss or theft, you promptly report the loss or theft to us. This does not apply to an entity other than a natural person or for commercial purpose. MasterCard is a registered trademark, and the circles design is a trademark of MasterCard International Incorporated.
in event of unauthorized transfer.
believe your card, PIN and/or code has been lost or stolen, call: 940-720-8000
or toll free at 800-600-7517 or write: Union Square Credit Union, 1401
Holliday, Wichita Falls, TX 76301.
You should also call the number or write to the
address listed above if you believe a transfer has been made using the
information from your check without your permission.
For purposes of these disclosures, our business days
are Monday through Saturday. Holidays are not included.
types and limitations
Account access . You may use your card, PIN and/or code to:
from your share draft or share savings account.
Make deposits to
your share draft or share savings account.
between your share draft and share savings accounts whenever you request.
information on your share draft and share savings accounts whenever you
Access a line of
credit account (for overdraft protection purposes only).
Pay for purchases
at places that have agreed to accept the card, PIN and/or code.
directly by telephone from your share draft or share savings account in the
amounts and on the days you request.
Some of these services may not be available at all
check conversion. You may
authorize a merchant or other payee to make a one-time electronic payment from
your share draft account using information from your check to:
Limitations on Frequency and Dollar
Amounts of Transfers
· Maximum number of 7 cash withdrawals from ATMs per
· Maximum withdrawal of $500 from ATMs per day, if there
are sufficient funds in the account.
· Maximum number of 20 signature Debit Card purchases or
Point of Sale transactions per day.
Maximum of 12 PIN
Debit Card purchases or Point of Sale transactions per day.
· Purchase amounts limited to the amount in your
· Maximum purchase amount of $1,500 per day.
· Maximum point-of-sale transactions of $1,500 per day,
if there are sufficient funds in the account.
Information Regarding Restriction on Transfers from Your Share Accounts
government regulations that apply to your share accounts, you may not make more
than 6 transfers and withdrawals, or a combination of such transfers and
withdrawals, from your share accounts, per calendar month to another Credit
Union Account of yours or to a third party by means of a preauthorized or
automatic transfer (including automatic overdraft protection transfers), or a
telephonic agreement, order, or instruction (including transfers by way of an
audio response or home banking system). Withdrawals by mail, messenger, ATM, or
in person, and transfers to make payments on your loans with us are generally
not included in this limitation. However, transfers from you share accounts to
make payments on loans that your family members may have with us are counted
against this transaction limitation. If you exceed the number of transfers
permitted, your Account may be subject to a fee or closure.
We do not charge for any signature Debit Card
purchases at the present time. We do not charge for any signature point-of-sale
transactions at the present time.
· $1.00 charge only for ATM withdrawals at machines we
do not own.
· Replacement card fee of $5.00
· Non-sufficient funds fee of $30.00 per item.
· Courtesy pay fee of $30.00 per item.
· Foreign Transaction Fee of 1% of the transaction
We will disclose information to third parties about
your account or the transfers you make:
· Where it is necessary for completing transfers, or
In order to
verify the existence and condition of your account for a third party, such as a
credit bureau or merchant, or
In order to
comply with government agency or court orders, or
If you give us
your written permission.
Terminal transfers. You can get a receipt at the time you make any
transfer to or from your account using one of our automated teller machines or
Preauthorized credits. If you
have arranged to have direct deposits made to your account at least once every
60 days from the same person or company, you can call us at 940-720-8000 or
toll free at 800-600-7517 to find out whether or not the deposit has been made.
Periodic statements. You will
get a monthly account statement (unless there are no transfers in a particular
month. In any case you will get the statement at least quarterly).
stop payment and procedure for doing so. If you
have told us in advance to make regular payments out of your account, you can
stop any of these payments. Here's how:
Call us at 940-720-8000 or toll free at 800-600-7517,
or write us at Union Square Credit Union, 1401 Holliday, Wichita Falls, TX
76301 in time for us to receive your request 3 business days or more before the
payment is scheduled to be made. If you call, we may also require you to put
your request in writing and get it to us within 14 days after you call. (We
will charge you for each stop-payment order you give. Refer to USCU Fee
Schedule for applicable amount)
varying amounts. If these regular
payments may vary in amount, the person you are going to pay will tell you, 10
days before each payment, when it will be made and how much it will be. (You
may choose instead to get this notice only when the payment would differ by
more than a certain amount from the previous payment, or when the amount would
fall outside certain limits that you set.)
for failure to stop payment of preauthorized transfer. If you
order us to stop one of these payments 3 business days or more before the
transfer is scheduled, and we do not do so, we will be liable for your losses
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 will be liable for your losses
or damages. However, there are some exceptions. We will not be liable, for
1. If, through no fault of ours, you do not have enough
money in your account to make the transfer, if any funds in your accounts
necessary to complete the transaction are held as uncollected funds or pursuant
to our Funds Availability Policy, or if the transaction involves a loan request
exceeding your credit limit.
If you used your
card or PIN in an incorrect manner.
If the automated
teller machine where you are making the transfer does not have enough cash.
If the terminal
or system was not working properly and you knew about the breakdown when you
started the transfer.
beyond our control (such as fire, flood or power failure) prevent the transfer,
despite reasonable precautions that we have taken.
If the money in
your account is subject to legal process or other claim.
If funds in your
account are pledged as collateral or frozen because of a delinquent loan.
If the error was
caused by a system of any participating ATM network.
If the electronic
transfer is not completed as a result of your willful or negligent use of your
card, PIN, or any EFT facility for making such transfers.
There may be
other exceptions stated in our agreement with you.
When you use an ATM not owned by us, you may be
charged a fee by the ATM operator or any network used (and you may be charged a
fee for a balance inquiry even if you do not complete a fund transfer).