Hanover Federal Credit Union

Understanding Your Deposit Accounts
~Account Disclosures~

Understanding the terms and agreement of your Credit Union account is an important responsibility. You have a right to be informed of the facts that affect your account's performance and service. Deposit accounts include Regular Share accounts, Individual Retirement Share accounts (IRA), Share Term Certificate accounts, ShareDraft Checking accounts and Money Market/Super Saver Share accounts. The Credit Union makes a special effort to disclose the conditions and rules that govern your deposits. This page explains three important subjects of Credit Union service...

Funds Availability, Truth-in-Savings and Service Fees

Funds Availability - Deposits made to a Credit Union account may not be available immediately. The availability of some deposits may be delayed because of an out-of-state check, non-sufficient funds or other circumstances. The funds availability disclosure lists HFCU policy and rules for handling deposits.

Truth-in-Savings - The advertisement of financial services can be misleading and confusing. Some financial ads only disclose a partial list of terms and fail to list all the features of a service. The Truth-in-Savings disclosure provides a complete list of Credit Union terms and fees for depository accounts.

Service Fees - For your information, included is a complete list of service charges and prices for Credit Union services. This list includes special services, as well as complementary services. Account Ownership Funds Availability Truth-In-Savings Service Fees Account Agreement

Account Ownership

When choosing the right share account, you must not only sort through the different options of interest rates, terms and insurance requirements, you must also make sure that the proper person(s) have access to the funds and are accountable for taxes and other responsibilities. Hanover Federal Credit Union offers several types of options for ownership and management of your deposits. Whether it's a Share account, Share Term Certificate or Money Market Share account, we can help you select a plan best suited for your needs. The following is a description of the various types of ownership formats available on HFCU deposit accounts.

INDIVIDUAL ACCOUNTS

An individual account is established and maintained in the name of one individual member of the Credit Union. That member is the sole owner of all deposits and dividends/interest in the account. Likewise, all dividends/interest must be reported as taxable income by the member. In the event of death, with proper documentation, the funds are released to the estate of the individual.

JOINT ACCOUNTS

A joint account is owned by joint members as joint tenants with the right of survivorship. Any joint member may make withdrawals solely on his/her own signature and presentation of proper identification.

The Credit Union reports dividends/interest earned to the federal and state government from a joint account under the first name and social security number listed on the account. Since the account is jointly owned dividends/interest earned may be reported on the tax return under either of the accountholder's name and social security number.

Upon the death of a joint member, the account belongs to the survivor(s). However, claims may be filed against the surviving joint owner(s).

TRUSTEE ACCOUNT

The Trustee account is a revocable trust agreement with a designated beneficiary who receives the funds in the account upon the death of the accountholder. The trustee (accountholder) retains control of the funds for all purposes. The beneficiary can not make deposits or withdrawals on the account. Because of this, the trustee is responsible for reporting all dividends/interest for tax purposes and the trustee's name and social security number is used for tax reporting. Joint trustees are not allowed. The basic reason for establishing a trustee account is to designate a particular person to whom all funds are payable in the event of the trustee's death. (Joint beneficiaries are not allowed.) In the event of the trustee's death, the funds in the account are released to the beneficiary.

UNIFORM TRANSFER TO MINORS (UTTMA) ACCOUNT

A UTTMA is an irrevocable gift to a minor. A minor is a person who has not reached the age of 21 years. The funds in a UTTMA are owned by and in the name and social security number of the minor. However, an adult custodian acts on behalf of the minor and may or may not be the donor. There may be only one custodian and one minor on each account.

The funds are not subject to attachment or legal proceeding in which the donor or custodian is named personally as defendant. Dividends/interest on the account are taxable income to the minor child, not the donor or custodian. Any withdrawals from the account must be used for the benefit of the minor.

When the minor reaches the age of 21, the funds do not automatically become accessible to the minor. The custodian is required to relinquish the funds when the young adult reaches age 21. If the young adult is eligible for membership in the Credit Union, the account can be retitled in the young adult's name.

In the event of the minor's death, the funds are treated like an individual account and go to

the estate of the minor.

If the custodian dies, a Successor Custodian should be appointed by the minor's legal guardian.

PERSONAL AGENCY ACCOUNT

NC General Statutes provide a member (or joint members) with the right to appoint another person to act as agent for the member in depositing and withdrawing funds from the member's account. The funds belong to the member(s) and upon a member's death, funds will be disbursed under the guidelines of an individual or joint account. The personal agent does not have any claim to the funds in the account.

REVOCABLE LIVING TRUST ACCOUNT

HFCU allows accounts to be owned/titled in the name of a Revocable Living Trust. There are Non-Revocable Living Trusts and Revocable Living Trusts. HFCU will only accept deposits owned by a Revocable Living Trust.

A living trust is a legal document that gives instructions on how property will pass to survivors. While living, the grantor (the person requesting the Living Trust agreement) may transfer ownership of property to the trust, yet maintain control.

Once a Revocable Living Trust is established, the Trustee has control of the assets/funds. A Revocable Living Trust includes instructions concerning what the Trustee can do with the assets (i.e., invest, give to the Grantor for living expenses, name a successor Trustee if the original Trustee dies, what to do with the funds if the Grantor dies).

When the Grantor of a Revocable Living Trust dies, the assets in the Revocable Living Trust are not part of the Grantor's estate and are not subject to probate.

FUNDS AVAILABILITY

HFCU's policy is to make funds from member deposits available on the same business day a deposit is received. At that time funds can be withdrawn and HFCU will use the funds to pay checks that have been written.

For determining the availability of funds from a deposit, every day is a business day, except Saturdays, Sundays and federal holidays. A deposit made before 5:00 p.m. on a business day that HFCU is open is considered to be made on the day of the deposit. However, a deposit made after 5:00 p.m to a night depository or on a day HFCU is not open is considered to be made on the next business day HFCU is open.

LONGER DELAYS MAY APPLY

In some cases, HFCU will not make all of the funds deposited by check available on the same business day of a deposit. Depending on the type of check deposited, funds may not be available until up to the 5th business day after the day of a deposit. However, the first $100 of the d.eposit will be available on the same business day.

If HFCU does not make all funds from a deposit available on the same business day, the member will be notified by the next business day after the deposit. A date will be provided as to when funds will be available. If a deposit is not made directly to an HFCU employee or the Credit Union decides to take this action after the member has left the premises, HFCU will mail a notice by the day after a deposit is received.

In addition, funds deposited by check may be delayed for a longer period under the following circumstances: HFCU may be unable to verify that a check will be paid. There may be erasures or discrepancies on a check. A check you deposit was previously returned unpaid. The member has been overdrawn on the account repeatedly in the last six months. Checks deposited total more than $5,000 in one day. The Credit Union may be notified that a check previously deposited is being returned unpaid. There may be an emergency such as failure of communications or computer equipment.

HFCU will notify the member if the ability to withdraw funds for any reason is delayed and when the funds will be available (generally no later than the 5th business day after a deposit).

SPECIAL RULES

HOLDS ON OTHER FUNDS - CHECK CASHING

If HFCU cashes a check drawn on another financial institution, the availability of a corresponding amount of funds already in any of the member's Credit Union accounts may be withheld. Those funds will be available at the time funds from the check cashed would have been available, if the check had been deposited. For example: If HFCU cashes a $100 check for a member, $100 of funds already in the member's account may not be available until up to the 5th business day after the day HFCU cashed the check. The member will be advised of this hold by the next business day after the check is cashed.

HOLDS ON OTHER FUNDS - OTHER ACCOUNTS

If HFCU accepts for deposit a check drawn on another financial institution, HFCU may make funds from the deposit available for withdrawal immediately but delay the availability to withdraw a corresponding amount of funds the member has on deposit in another account with the Credit Union. The funds in the other account would then be available for withdrawal at the time funds from the check would have been available in the deposit account. The member will be advised of this hold by the next business day after HFCU receives the deposit.

DEPOSITS AND TRANSFERS AT AUTOMATED TELLER MACHINES

Funds from any deposit (cash or checks) made at an HFCU Automated Teller Machine (ATM) may be available on the next business day following deposit. (currently unavailable) ATMs owned by the Credit Union are designated by HFCU logo. Transferred funds made at ATMs not owned or operated by the Credit Union may not be available until the Second business day after the day of the transfer.

TRUTH-IN-SAVINGS DISCLOSURE

Examining financial services can be confusing. For this reason, HFCU feels that members are entitled to know exactly how their Credit Union Share Accounts work. Therefore, we are providing the following information on our share accounts, including Regular Share accounts, Individual Retirement Share accounts (IRA), Club accounts (interest earning), Share Draft accounts (Checking), Share Term Certificates and Money Market Share accounts. These disclosures apply to all types of ownerships of these accounts including Individual, Joint with Right of Survivorship, Trustee (Payable upon Death), Revocable Living Trusts, and Uniform Transfer to Minors Act accounts. The type of ownership of the account is designated by the member at the time the account is opened.

COMPOUNDING, CREDITING AND DIVIDEND ACCRUAL

Dividends are compounded daily and credited monthly at statement cycle date (approximately every 30 days) for Share Draft Checking and Money Market Share accounts. Statement cycle drop dates are usually the first business day of each new month. The beginning date of each dividend cycle period is the first day following the last day of the previous statement period. The ending date of each dividend cycle period is the last day of the statement. For example: If the ending date of the previous statement was March 31st, then the first day of the next cycle will be April 1st. The last date of the cycle will be approximately 30 days later or April 30th.

Dividends are compounded daily and credited monthly on the first business day of the quarter for Regular Share accounts and Individual Retirement Share accounts (IRA) . The first dividend date for each cycle is the first day of the month and the final day is the last day of the month.

Interest may or may not compounded on Share Term Certificates (STC). Interest is accrued a simple daily interest. Interest is paid monthly by transfer into another deposit account on all term certificates purchase before September 31,1998 and for all terms purchased on or after that date unless specifically requested by the accountholder for a 3 or 24 month term to be paid monthly. Future dividends on transferred funds will be determined based on the existing rate of the deposit account into which the funds were transferred. Future interest on the renewed STC will be based on the existing rate for that term at the time of renewal. There is a 10 day grace period after the renewal day during which an automatically renewed STC may be cancelled without penalty. If the accountholder chooses to cancel the STC during that period, the STC will earn interest for the days from the renewal until the cancellation at the existing regular share account rate.

Dividends begin to accrue on the business day following the date of receipt for a cash or non-cash deposit at our branch location or through the mail. Dividends begin to accrue on the business day of receipt for cash or non-cash funds received electronically (such as through an ATM, Automated Clearing House (ACH) Direct Deposit or Payroll Deduction).

CALCULATION METHOD

Dividends are calculated based on the daily balance method by applying a periodic rate to the balance eligible for dividend accrual in the account each day.

EFFECT OF CLOSING

Accrued but unpaid dividends will be paid if the account is closed prior to dividend crediting except for Share Term Certificates which are subject to early withdrawal penalties. (See Fixed Rate Accounts.)

Minimum Balance Requirements

There is a $100 minimum balance requirement to earn dividends on Regular Shares, Individual Retirement accounts and $100 on Share Draft Checking accounts.

The minimum balance to earn dividends on Share Term Certificates is $500 and a balance of $1000.00 or More in a Money Market Share account. There is a $100 minimum balance required to avoid a fee on Share Draft Checking accounts. The minimum balance to avoid a service charge for Money Market/Super saver is $1000. The minimum balance to avoid a monthly service charge fee on Regular Shares, IRA and Club accounts is $25.

FIXED RATE ACCOUNTS

Share Term Certificates are fixed rate accounts (the rate will not change during the term of the Certificate). Available rates for Certificates are subject to change on Tuesday's each week depending on market conditions. The term of the certificate will be selected by the accountholder at the time the account is opened. Available terms are 3, 6, 12, 18, 24, 30, 36, 48 and 60 months. After the Certificate is opened, no additional deposits may be made to the account. No partial withdrawals may be made from a Share Term Certificate.

If the principal is withdrawn before the maturity date, an early withdrawal penalty will be charged. The penalty on a 91 day (3mo) certificate will be equal to 1 mo or 30 days interest, whichever is less. On all other certificates the penalty will be 90 days' interest on the Certificate amount or the actual interest earned, whichever is less.

All certificates purchased prior to October 1, 1998, will automatically transfer into another deposit account at maturity, which is the indicated number of months from the issue date. Certificates purchased on or after this date will automatically renew into a new certificate for the same term at the then offered interest rate for that term unless you specifically request that the principal be transferred into another deposit account at maturity. Fourteen days prior to the maturity/renewal date an appropriate notice will be sent to the accountholder indicating the upcoming option. Future dividends/interest earned on matured funds will be determined based on the existing rate of the type of deposit account. Future earnings on renewed funds will be at the then existing rate offered for that term STC.

Variable Rate Accounts

Regular Share accounts, IRA, Club accounts, Share Draft Checking and Money Market Share accounts are variable rate accounts. The rate is subject to change daily at the discretion of the Board of Directors.

NATURE OF DIVIDENDS

Dividends/interest are paid from the available earnings after any required transfers to reserves.

TRANSACTION LIMITATION

Regular Share accounts and Money Market Share accounts are limited to no more than six (6) monthly, preauthorized or automatic transfers per account. No checks can be written against these accounts. No automated clearing house (ACH) debits are allowed on these accounts.

RATES

Dividend rates, interest rates and corresponding annual percentage yields are disclosed in the Dividend rate sheet which may be obtained at our branch office. In addition, you may call HFCU at 910-799-4125. Current rates are also available at HFCU Online via the Internet at www.hanoverfcu.org

Service Fees (As of January 1, 2010)

CHECKING ACCOUNT SERVICES
Monthly Maintenance
Share Draft - Interest Bearing	$8.50 per month if balance below $100
Insufficient Funds	$30.00
Stop Payment Order	$10.00
Overdraft Transfer **	$5.00
REGULAR, IRA and SHARE ACCOUNT SERVICES
Transaction Charge	$1.00 after 5 per month
Below Min Bal. Service Charge *	$10.00
MONEY MARKET/SUPER SAVER SHARE ACCOUNT SERVICES
Transaction Charge	No Charge
Below Minimun Bal Service Charge *	$10.00
ATM AND DEBIT CARD SERVICES
Transaction Charge	$1.25
Reissue or Lost Card Replacement	$10.00
PLUS Network Completed Transaction	$1.75
PLUS Network Denied Transaction	$1.25
MISCELLANEOUS CHARGES
Returned checks/items from Deposits or Payments	$10.00 3rd pty. $35.00 same pty.
Statement Copies	$2.00
Check Copies	$5.00
Money Order Purchase	$1.50 per money order
Outgoing Domestic Wire Transfer	$12.00
Outgoing International Wire Transfer	$30.00
Notary Service	No Charge (for Members)
Verification Of Deposit Requests	$10.00
There is no service charge on these accounts if the minimum balances are maintained . Minimum balances are Shares/IRA ($25), Regular Checking ($100) and Money Market/Super saver Share accounts ($1,000), club accounts ( $25), IRA'S will be assessed a $20 Withdrawal and termination Fee. A flat monthly fee of $8.50 for Share Draft Checking, $10.00 on Share accounts and $10.00 on MoneyMarket/Supersaver accounts are assessed if the balance falls below the minimum. *Overdraft transfers are limited to no more than 6 per month from a Share or Money Market Share account. Overdrafts exceeding 6 per month will be charged a fee equal to the current Insufficient Funds fee of $30.00. Repeated excess transfers may cause the loss of overdraft privileges.

ACCOUNT AGREEMENT AND RULES

In consideration for opening a depository account of any type at the Credit Union, you, as an accountholder, agree to the terms and conditions in this entire brochure including Funds Availability, Truth-in-Savings and Account Agreement Rules all of which shall govern the use of your account. The following applies to accounts at the Credit Union and the depositor agrees as follows and the Credit Union accepts business on such conditions only.

GENERAL RULES

(1) In this instrument, except as otherwise indicated, the singular includes the plural. (2) All items deposited are received by the Credit Union for deposit or collection and the Credit Union acts only as depositor's collecting agent The Credit Union assumes no responsibility beyond the exercise of due care. (3) Items drawn on this Credit Union are received conditionally if the item is not good at the close of business day on which deposited or if payment is stopped the item may be charged back to the depositor. (4) The Credit Union accepts no responsibility for payment of checks or drafts which are presented the same day deposits are made unless, there is already a sufficient balance to the depositor's credit in addition to such deposits. (5) Items received for collection or credit and not drawn on this Credit Union are taken subject to final payment and at depositor's risk; should such items be lost, or should returns not be received within a reasonable time, they may be charged back to the depositor's account. (6) Items may be sent directly to the financial institution upon which drawn, or through collecting agents selected by the Credit Union, with due care, who may collect and remit. Collecting agents shall have the right to send items directly to the financial institution on which drawn or at which payable. (7) This Credit Union and/or collecting agents may accept either cash, draft, or credit in settlement of such items, and shall not be liable for failure to collect or realize on drafts or credits so received. (8) Each collecting agent is the agent of depositor, but no agent shall be liable for any loss growing out of neglect, default or failure of any other agent. (9) This contract shall be held and construed to be a North Carolina contract, and the rights, obligations and liabilities of this Credit Union shall be determined by the laws of North Carolina. (10) "Depositor" includes those who forward items for collection or other handling, as well as one who makes a deposit in the ordinary sense of the word. (11) Depositor covenants that depositor has authority to agree as aforesaid on depositor's own behalf, and on behalf of holder or owner of said items. Authority is given this Credit Union to enter into contract with correspondent banks and others in connection with the collection or other handling of any item hereunder. (12) Delivery to the Credit Union of items for deposit, collection, credit or payment will constitute acceptance of these conditions by the depositor. The rights or authority of the Credit Union under this agreement shall not be changed or terminated by the depositor except by written notice to said Credit Union which shall not affect transactions occurring prior to the notice. (13) Service and maintenance charges, including charges for handling checks drawn against insufficient funds, made in accordance with the rules of the Credit Union in effect at the time of such charge, may be charged to this account without notice. The Credit Union shall not be liable for dishonoring checks or drafts because of insufficient funds resulting from such charges. A reasonable service charge may be made against this account if there are no deposits or withdrawals made by depositor within a six month period. (14) The Credit Union may refuse any deposits and it may require depositor to withdraw the account balance upon notice to depositor at the last address shown on the records of the Credit Union. (15) If the account is a share account, the depositor may withdraw any part or all of the balance on deposit provided. However, the Credit Union, at its discretion, may require sixty days notice in writing before making any such payment. (16) No assignment or transfer of the funds in an account will be recognized by the Credit Union unless the consent of the Credit Union is first obtained and such consent is entered on the Credit Union's records. (17) The Credit Union is specifically given the right to apply any deposit in said Credit Union account against any past due indebtedness due by the depositor to said Credit Union. Not applicable to IRAs or super saver accts. (18) If an account holder issues a check that is payable on a future date and the accountholder does not notify the the Credit Union immediately that this check is not to be honored before the payment date, the Credit Union shall have no liability to the accountholder for such payment. (19) The Credit Union is under no obligation to pay a check or draft drawn on an account presented more than six months after the date it is written. If, however, the check is paid against an account, the Credit Union takes no responsibility for such payment if no current Stop Payment order issued by the accountholder was in effect.

STOPPING PAYMENT ON CHECKS OR PREAUTHORIZED TRANSACTIONS

The Credit Union will not be required to observe any stop payment order until such order is received in writing. Previously authorized debits to an account from an institution, agency or company other than the Credit Union must be revoked in writing to the originating institution or agency or company. Upon notification of this revocation by the account holder, the Credit Union will stop and return unpaid all future debits from the institution, agency or company regardless of the amount. Preauthorized periodic transfers or payments from or to Credit Union accounts may be stopped if written order is received at least three business days in advance of a scheduled transfer. Stop orders remain in effect for six months.

STATEMENTS

Statements showing all deposits, withdrawals, dividends earned, and balances on deposit, etc. may be mailed at periodic intervals. Statements will be mailed to the depositor by regular first-class mail at the last address shown on the records of the Credit Union. The depositor shall notify the Credit Union in writing within thirty days of the delivery or mailing of any statement of account and/or cancelled vouchers that the signature upon any returned voucher (check, drafts, etc.) was forged. The statement of account shall be considered correct for all purposes if notification is not received within 30 days and the Credit Union shall not be liable for payment made and charged to the depositor's account.

INDIVIDUAL RETIREMENT ACCOUNTS (IRA)

Hanover Federal Credit Union was officially affirmed to offer IRAs on April 20, 1978 by a Custodian Agreement known as form 5305-A (Individual Retirement Custodial Account). Due to the rising costs of maintaining these accounts starting January 1, 2001 it will be necessary To implement maintenance fees as follows.

Annual Fee - $45 Withdrawal Fee - $20
This fee will be waived for account owners over 70 � years of age and/or are on a normal Distribution schedule.
Account termination fee $20

IRA's already on file will be maintained with this fee schedule in place, however no new accounts will be opened.

JOINT ACCOUNTS

All joint accounts are governed by North Carolina General Statute 54-109.58. All funds in the account, regardless of who deposits the funds, shall be held by the depositors as co- owners with the right of survivorship. The Credit Union may pay the funds in the account to, or on the order of, either or any of the depositors named on the account. Upon the death of one joint owner, the money remaining in the account will belong to the surviving joint owners and will not be inherited by the heirs of the deceased joint owner or be controlled by the deceased joint owner's will.

TRUSTEE AND REVOCABLE TRUST ACCOUNTS

Trustee accounts are governed under the provisions of North Carolina General Statute 54-109.57. During depositor's lifetime, depositor is sole owner of the funds and may withdraw funds in the account. By written notice to the Credit Union, depositor may change the beneficiary at any time. Upon depositor's death, funds remaining in the account will belong to beneficiary and funds will not be inherited by depositor's heirs or controlled by deceased depositor's will. The Credit Union will accept account ownership titled to the Revocable Living Trust of a member. However, the Credit Union will accept no responsibility for determining whether a grantor or trustee is qualified to act or has been duly appointed to act in that capacity, nor whether any transaction involving the account is in accordance with or authorized by applicable law or the trust agreement. The Credit Union acts only as a depository for the funds. �

PERSONAL AGENCY ACCOUNTS

Personal agency accounts are governed under North Carolina General Statute 54-109.63. Depositor understands that the appointed agent named on the account may sign checks/withdrawals on the account and make deposits to the account. Upon depositor's death, funds remaining in the account will be controlled by deceased depositor's will. If the owner of the account becomes incapacitated or mentally incompetent, the agent will have the authority to continue acting on behalf of the owner.

SHARE TERM CERTIFICATE

Should an early withdrawal be made of these funds, a penalty will be assessed on interest earned. No partial withdrawals may be made.

UNIFORM TRANSFERS TO MINOR ACCOUNTS

The terms of these accounts hereby are deemed to include the provisions of N.C. General Statute 33A-1 through 33A-24 as it is now or hereafter may be amended. This transfer of money to the minor named, shall be deemed to include all earnings thereon and any future additions thereto is irrevocable and is made in accordance with and to include all the provisions of the said Statute of this State as it is now or hereafter may be amended.

CLOSING AN ACCOUNT

The Credit Union may close an account if the accountholder breaches any terms of this agreement or the Credit Union, at its sole discretion, determines continual maintenance of the account exposes the Credit Union to risk of financial loss. An account may be closed without prior notification to the accountholder.

FEDERAL WIRE TRANSFERS AND ACH TRANSACTIONS

The following is provided as a requirement of Article 4A of the Uniform Commercial Code. If a member sends or receives a wire transfer, the Federal Reserve Bank's FEDWIRE transfer system may be used. Regulation J is the law governing those transfers. If a member gives the Credit Union a payment order which identifies the beneficiary (recipient of the funds) by both name and identifying account number, payment may be made by the beneficiary's bank on the basis of the identifying or bank account number, even if the number identifies a person different than the named beneficiary. If a member gives the Credit Union a payment order which identifies an intermediary or beneficiary's bank by both name and an identifying number, a receiving bank may rely on the number as the proper identification even if it identifies a different bank than the named bank. Automated Clearing House (ACH) items are paperless transfers between financial institutions, such as direct deposit of a payroll check or benefit payment. The Credit Union may give a member credit for ACH payments it receives for the member before it receives final settlement of the funds transfer from the originating financial institution. The member is hereby notified and agrees that if the Credit Union does not receive such final settlement, it is entitled to a refund from the member of the amount credited to the member in connection with that ACH entry. ACH transactions are governed by the operating rules of the National Automated Clearing House Association. In accordance with these rules, the Credit Union will not provide any member with next day notice of receipt of ACH credit transfers to an account. Notices of receipt of ACH items are included in the periodic account statements the Credit Union provides.

ELECTRONIC FUNDS TRANSFER

A member may use an HFCU ATM card and Personal Identification Number (PIN) to authorize transactions on deposit and credit accounts at qualified Automated Teller Machines (ATM) or point-of-sale (POS) terminals. A user name and password will allow a member to Access account information perform transfers between accounts via the Internet. A member may also use preauthorized electronic funds transfers through the ACH system to make deposits to accounts or to pay bills or make payments from a Share Draft Checking account. All terms in the disclosures concerning the use of an HFCU ATM card that are mailed with the card or provided electronically are agreed to by the cardholder.

TAX IDENTIFICATION CERTIFICATION

Under penalties of perjury, each depositor certifies the taxpayer identification number listed on the depositor's account is correct for the depositor and that the depositor is not subject to backup withholding either because the depositor has not been notified that the depositor is subject to backup withholding as a result of a failure to report all interest or dividend, or the Internal Revenue Service has notified the depositor that the depositor is no longer subject to backup withholding. The Internal Revenue Service does not require your consent to any provisions of this document other than the certifications required to avoid back-up withholding.

DISCLOSURES, AGREEMENTS, RULES AND REGULATIONS

These disclosures, agreements, roles and regulations may be added to, rescinded, altered or amended by the Credit Union at any time without notice to the depositor. Upon signing of an account services form or card, depositor hereby assents and agrees to these rules and regulations and their subsequent changes or amendments for this account or subsequent accounts opened.