Terms and Conditions of Your Account

TABLE OF CONTENTS TERMS AND CONDITIONS
TERMS AND CONDITIONS OF YOUR ACCOUNT......................1 OF YOUR ACCOUNT

Important Account Opening Information ........................................1 IMPORTANT ACCOUNT OPENING INFORMATION - Federal
Agreement .....................................................................................1 law requires us to obtain sufficient information to verify your
Bylaws............................................................................................1 identity. You may be asked several questions and to provide one
Liability ...........................................................................................1 or more forms of identification to fulfill this requirement. In some
Deposits .........................................................................................2 instances we may use outside sources to confirm the information.
Withdrawals ...................................................................................2 The information you provide is protected by our privacy policy and
Understanding and Avoiding Overdraft federal law.
and Nonsufficient Funds (NSF) Fees........................................2 AGREEMENT - This document, along with any other documents
Ownership of Account and Beneficiary Designation ......................3 we give you pertaining to your account(s), is a contract that
Business, Organization and Association Accounts........................4 establishes rules which control your account(s) with us. Please
Stop Payments...............................................................................4 read this carefully and retain it for future reference. If you sign the
Telephone Transfers......................................................................4 signature card or open or continue to use the account, you agree
Amendments and Termination.......................................................4 to these rules. You will receive a separate schedule of rates,
Notices ...........................................................................................4 qualifying balances, and fees if they are not included in this
Statements.....................................................................................4 document. If you have any questions, please call us.
Account Transfer............................................................................5 This agreement is subject to applicable federal laws, the laws of
Direct Deposits...............................................................................5 the state of New York and other applicable rules such as the
Temporary Account Agreement .....................................................5 operating letters of the Federal Reserve Banks and payment
Right to Repayment of Indebtedness.............................................5 processing system rules (except to the extent that this agreement
Restrictive Legends or Indorsements ............................................5 can and does vary such rules or laws). The body of state and
federal law that governs our relationship with you, however, is too
Pledges ..........................................................................................5
large and complex to be reproduced here. The purpose of this
Check Processing ..........................................................................5
document is to:
Check Cashing...............................................................................5
(1) summarize some laws that apply to common transactions;
Indorsements .................................................................................5
(2) establish rules to cover transactions or events which the law
Death or Incompetence..................................................................6
does not regulate;
Fiduciary Accounts.........................................................................6
Credit Verification...........................................................................6 (3) establish rules for certain transactions or events which the
law regulates but permits variation by agreement; and
Legal Actions Affecting Your Account............................................6
Account Security ............................................................................6 (4) give you disclosures of some of our policies to which you may
be entitled or in which you may be interested.
Telephonic Instructions ..................................................................6
Monitoring and Recording Telephone Calls If any provision of this document is found to be unenforceable
and Consent to Receive Communications ................................6 according to its terms, all remaining provisions will continue in full
force and effect. We may permit some variations from our
Claim of Loss .................................................................................7
standard agreement, but we must agree to any variation in writing
Early Withdrawal Penalties ............................................................7
either on the signature card for your account or in some other
Address or Name Changes............................................................7 document. Nothing in this document is intended to vary our duty
Resolving Account Disputes ..........................................................7 to act in good faith and with ordinary care when required by law.
Waiver of Notices...........................................................................7 As used in this document the words “we,” “our,” and “us” mean
ACH and Wire Transfers................................................................7 the financial institution and the words “you” and “your” mean the
Facsimile Signatures......................................................................7 account holder(s) and anyone else with the authority to deposit,
ELECTRONIC FUND TRANSFERS withdraw, or exercise control over the funds in the account.
YOUR RIGHTS AND RESPONSIBILITIES ..............................7 However, this agreement does not intend, and the terms “you”
YOUR ABILITY TO WITHDRAW FUNDS ...................................10 and “your” should not be interpreted, to expand an individual’s
TRUTH-IN-SAVINGS DISCLOSURE ..........................................11 responsibility for an organization’s liability. If this account is owned
Regular Share Account................................................................11 by a corporation, partnership or other organization, individual
Christmas Club Account ..............................................................11 liability is determined by the laws generally applicable to that type
Club Account................................................................................11 of organization. The headings in this document are for
IRA Share Account ......................................................................12 convenience or reference only and will not govern the
Share Draft Account.....................................................................12 interpretation of the provisions. Unless it would be inconsistent to
Kasasa Saver Account.................................................................12 do so, words and phrases used in this document should be
Kasasa Cash Account..................................................................14 construed so the singular includes the plural and the plural
Kasasa Cash Back Account.........................................................16 includes the singular.
Share Certificate ..........................................................................17 BYLAWS - Our bylaws, which we may amend from time to time,
IRA Share Certificate ...................................................................18 establish basic rules about our credit union policies and
operations which affect your account and membership. You may
Common Features .......................................................................18
obtain a copy of the bylaws on request. Our right to require you to
give us notice of your intention to withdraw funds from your
account is described in the bylaws. Unless we have agreed
otherwise, you are not entitled to receive any original item after it
is paid, although you may request that we send you an item(s) or
a copy of an item(s). Dividends are based on current earnings and
available earnings of the credit union, after providing for required
reserves.
LIABILITY - You agree, for yourself (and the person or entity you
represent if you sign as a representative of another) to the terms
© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

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of this account and the schedule of charges. You authorize us to person who signs or has authority to make withdrawals to indorse
deduct these charges, without notice to you, directly from the any item payable to you or your order for deposit to this account
account balance as accrued. You will pay any additional or any other transaction with us.
reasonable charges for services you request which are not Postdated checks - A postdated check is one which bears a date
covered by this agreement. later than the date on which the check is written. We may properly
Each of you also agrees to be jointly and severally (individually) pay and charge your account for a postdated check even though
liable for any account shortage resulting from charges or payment was made before the date of the check, unless we have
overdrafts, whether caused by you or another with access to this received written notice of the postdating in time to have a
account. This liability is due immediately, and we can deduct any reasonable opportunity to act. Because we process checks
amounts deposited into the account and apply those amounts to mechanically, your notice will not be effective and we will not be
the shortage. You have no right to defer payment of this liability, liable for failing to honor your notice unless it precisely identifies
and you are liable regardless of whether you signed the item or the number, date, amount and payee of the item.
benefited from the charge or overdraft. Checks and withdrawal rules - If you do not purchase your
You will be liable for our costs as well as for our reasonable check blanks from us, you must be certain that we approve the
attorneys’ fees, to the extent permitted by law, whether incurred check blanks you purchase. We may refuse any withdrawal or
as a result of collection or in any other dispute involving your transfer request which you attempt on forms not approved by us
account. This includes, but is not limited to, disputes between you or by any method we do not specifically permit. We may refuse
and another joint owner; you and an authorized signer or similar any withdrawal or transfer request which is greater in number than
party; or a third party claiming an interest in your account. This the frequency permitted, or which is for an amount greater or less
also includes any action that you or a third party takes regarding than any withdrawal limitations. We will use the date the
the account that causes us, in good faith, to seek the advice of an transaction is completed by us (as opposed to the date you initiate
attorney, whether or not we become involved in the dispute. All it) to apply the frequency limitations. In addition, we may place
costs and attorneys’ fees can be deducted from your account limitations on the account until your identity is verified.
when they are incurred, without notice to you. Even if we honor a nonconforming request, we are not required to
DEPOSITS - We will give only provisional credit until collection do so later. If you violate the stated transaction limitations (if any),
is final for any items, other than cash, we accept for deposit in our discretion we may close your account or reclassify it as a
(including items drawn “on us”). Before settlement of any item transaction account. If we reclassify your account, your account
becomes final, we act only as your agent, regardless of the form will be subject to the fees and earnings rules of the new account
of indorsement or lack of indorsement on the item and even classification.
though we provide you provisional credit for the item. We may If we are presented with an item drawn against your account that
reverse any provisional credit for items that are lost, stolen, or would be a “substitute check,” as defined by law, but for an error
returned. Unless prohibited by law, we also reserve the right to or defect in the item introduced in the substitute check creation
charge back to your account the amount of any item deposited process, you agree that we may pay such item.
to your account or cashed for you which was initially paid by the Cash withdrawals - We recommend you take care when making
payor bank and which is later returned to us due to an allegedly large cash withdrawals because carrying large amounts of cash
forged, unauthorized or missing indorsement, claim of alteration, may pose a danger to your personal safety. As an alternative to
encoding error, counterfeit cashier’s check or other problem making a large cash withdrawal, you may want to consider a
which in our judgment justifies reversal of credit. You authorize cashier's check or similar instrument. You assume full
us to attempt to collect previously returned items without giving responsibility of any loss in the event the cash you withdraw is
you notice, and in attempting to collect we may permit the payor lost, stolen, or destroyed. You agree to hold us harmless from any
bank to hold an item beyond the midnight deadline. Actual credit loss you incur as a result of your decision to withdraw funds in the
for deposits of, or payable in, foreign currency will be at the form of cash.
exchange rate in effect on final collection in U.S. dollars. We are
Multiple signatures, electronic check conversion, and similar
not responsible for transactions by mail or outside depository
transactions - An electronic check conversion transaction is a
until we actually record them. If you deliver a deposit to us and
transaction where a check or similar item is converted into an
you will not be present when the deposit is counted, you must
electronic fund transfer as defined in the Electronic Fund
provide us an itemized list of the deposit (deposit slip). To
Transfers regulation. In these types of transactions the check or
process the deposit, we will verify and record the deposit, and
similar item is either removed from circulation (truncated) or given
credit the deposit to the account. If there are any discrepancies
back to you. As a result, we have no opportunity to review the
between the amounts shown on the itemized list of the deposit
signatures or otherwise examine the original check or item. You
and the amount we determine to be the actual deposit, we will
agree that, as to these or any items as to which we have no
notify you of the discrepancy. You will be entitled to credit only
opportunity to examine the signatures, you waive any requirement
for the actual deposit as determined by us, regardless of what is
of multiple signatures.
stated on the itemized deposit slip. We will treat and record all
transactions received after our “daily cutoff time” on a business UNDERSTANDING AND AVOIDING OVERDRAFT AND
day we are open, or received on a day we are not open for NONSUFFICIENT FUNDS (NSF) FEES -
business, as if initiated on the next business day that we are Generally - The information in this section is being provided to
open. At our option, we may take an item for collection rather help you understand what happens if your account is overdrawn.
than for deposit. If we accept a third-party check or draft for Understanding the concepts of overdrafts and nonsufficient funds
deposit, we may require any third-party indorsers to verify or (NSF) is important and can help you avoid being assessed fees or
guarantee their indorsements, or indorse in our presence. charges. This section also provides contractual terms relating to
WITHDRAWALS - overdrafts and NSF transactions.
Generally - Unless clearly indicated otherwise on the account An overdrawn account will typically result in you being charged an
records, any of you, acting alone, who signs to open the account overdraft fee or an NSF fee. Generally, an overdraft occurs when
or has authority to make withdrawals may withdraw or transfer all there is not enough money in your account to pay for a
or any part of the account balance at any time. Each of you (until transaction, but we pay (or cover) the transaction anyway. An
we receive written notice to the contrary) authorizes each other NSF transaction is slightly different. In an NSF transaction, we do

not cover the transaction. Instead, the transaction is rejected and determination, the account balance at the subsequent time will
the item or requested payment is returned. In either situation, we determine whether there are insufficient available funds.
can charge you a fee. A temporary debit authorization hold affects your account
Determining your available balance - We use the “available balance - On debit card purchases, merchants may request a
balance” method to determine whether your account is temporary hold on your account for a specified sum of money
overdrawn, that is, whether there is enough money in your when the merchant does not know the exact amount of the
account to pay for a transaction. Importantly, your “available” purchase at the time the card is authorized. The amount of the
balance may not be the same as your account’s “actual” balance. temporary hold may be more than the actual amount of your
This means an overdraft or an NSF transaction could occur purchase. Some common transactions where this occurs involve
regardless of your account’s actual balance. purchases of gasoline, hotel rooms, or meals at restaurants.
Your account’s actual balance (sometimes called the ledger When this happens, our processing system cannot determine that
balance) only includes transactions that have settled up to that the amount of the hold exceeds the actual amount of your
point in time, that is, transactions (deposits and payments) that purchase. This temporary hold, and the amount charged to your
have posted to your account. The actual balance does not include account, will eventually be adjusted to the actual amount of your
outstanding transactions (such as checks that have not yet purchase, but it could be three calendar days, or even longer in
cleared and electronic transactions that have been authorized but some cases, before the adjustment is made. Until the adjustment
which are still pending). The balance on your periodic statement is is made, the amount of funds in your account available for other
the ledger balance for your account as of the statement date. transactions will be reduced by the amount of the temporary hold.
As the name implies, your available balance is calculated based If another transaction is presented for payment in an amount
on the money “available” in your account to make payments. In greater than the funds left after the deduction of the temporary
other words, the available balance takes transactions that have hold amount, you will be charged an NSF or overdraft fee
been authorized, but not yet settled, and subtracts them from the according to our NSF or overdraft fee policy. You will be charged
actual balance. In addition, when calculating your available the fee even if you would have had sufficient funds in your
balance, any “holds” placed on deposits that have not yet cleared account if the amount of the hold had been equal to the amount of
are also subtracted from the actual balance. For more information your purchase.
on how holds placed on funds in your account can impact your Payment order of items - The law permits us to pay items drawn
available balance, read the subsection titled “A temporary debit on your account in any order (for purposes of this section “items”
authorization hold affects your account balance.” means checks, orders and electronic transactions). To assist you
Overdrafts - You understand that we may, at our discretion, in handling your account with us, we are providing you with the
honor withdrawal requests that overdraw your account. However, following information regarding how we process those items.
the fact that we may honor withdrawal requests that overdraw the When processing checks and orders drawn on your account our
account balance does not obligate us to do so later. So you can policy is to pay them from smallest item to largest item amount.
NOT rely on us to pay overdrafts on your account regardless of For electronic transactions, our policy is to pay them in the order
how frequently or under what circumstances we have paid that they are received. The order in which items are paid is
overdrafts on your account in the past. We can change our important if there is not enough money in your account to pay all
practice of paying, or not paying, discretionary overdrafts on your of the items that are presented. There is no policy that is
account without notice to you. You can ask us if we have other favorable in every instance. If the smallest items are paid first,
account services that might be available to you where we commit you may have fewer NSF or overdraft fees, but the largest, and
to paying overdrafts under certain circumstances, such as an perhaps more important items (such as rent or mortgage
overdraft protection line-of-credit or a plan to sweep funds from payments) might not be paid. However, if the largest items are
another account you have with us. You agree that we may charge paid first, your most important items might be paid but it may
fees for overdrafts. For consumer accounts, we will not charge increase the overdraft or NSF fees if funds are not available to
fees for overdrafts caused by ATM withdrawals or one-time debit pay all of the items. We think our policy attains a reasonable
card transactions if you have not opted-in to that service. We may balance between minimizing additional cost to you and paying
use subsequent deposits, including direct deposits of social your more important items.
security or other government benefits, to cover such overdrafts If an item is presented without sufficient funds in your account to
and overdraft fees. pay it, we may, at our discretion, pay the item (creating an
Balance information - Keeping track of your balance is overdraft) or return the item (NSF). The amounts of the overdraft
important. You can review your balance in a number of ways and NSF fees are disclosed elsewhere. We encourage you to
including reviewing your periodic statement, reviewing your make careful records and practice good account management.
balance online, accessing your account information by phone, or This will help you to avoid creating items without sufficient funds
coming into one of our branches. and incurring the resulting fees.
Funds availability - Knowing when funds you deposit into your OWNERSHIP OF ACCOUNT AND BENEFICIARY
checking account will be made available for withdrawal is another DESIGNATION - These rules apply to this account depending on
important concept that can help you avoid being assessed fees or the form of ownership and beneficiary designation, if any,
charges. Please see our funds availability disclosure for specified on the account records. We reserve the right to refuse
information on when different types of deposits will be made some forms of ownership on any or all of our accounts. We make
available for withdrawal. For those accounts to which our funds no representations as to the appropriateness or effect of the
availability policy disclosure does not apply, you can ask us when ownership and beneficiary designations, except as they determine
you make a deposit when those funds will be available for to whom we pay the account funds.
withdrawal. An item may be returned after the funds from the Individual Account - is an account in the name of one person.
deposit of that item are made available for withdrawal. In that Joint Account - With Survivorship (And Not As Tenants In
case, we will reverse the credit of the item. We may determine the Common) - This is owned by two or more persons. Deposits and
amount of available funds in your account for the purpose of any additions to the account are the property of the owners as
deciding whether to return an item for insufficient funds at any joint tenants with right of survivorship. This means that we may
time between the times we receive the item and when we return release the entire account to any owner during the lifetime of all
the item or send a notice in lieu of return. We need only make one owners. We may honor withdrawal requests (including checks or
determination, but if we choose to make a subsequent other orders) from any owner during the lifetime of all owners. We

may be required to release money in the account to satisfy a or permitted, may be made by the same persons and under the
judgment against or other valid debt incurred by any owner. We same conditions generally applicable to withdrawals made in
may honor withdrawal requests (including checks or other orders) writing. Limitations on the number of telephonic transfers from a
from any surviving owner after the death of any owner, and may savings account are described elsewhere.
treat the account as the sole property of the surviving owner(s). AMENDMENTS AND TERMINATION - We may change our
Unless an owner directs us by written notice not to honor the bylaws and any term of this agreement. Rules governing changes
withdrawal request (including checks or other orders) of an owner in rates are provided separately in the Truth-in-Savings disclosure
we will not be liable for doing so. After we receive such a notice, or in another document. For other changes we will give you
we may require written authorization of any or all joint owners for reasonable notice in writing or by any other method permitted by
any further payments or deliveries. law. We may close this account if your membership in the credit
Joint Account - No Survivorship (As Tenants In Common) - union terminates, or by giving reasonable notice to you and tender
This is owned by two or more persons, but none of you intend of the account balance personally or by mail. Items presented for
(merely by opening this account) to create any right of payment after the account is closed may be dishonored. When
survivorship in any other person. We encourage you to agree and you close your account, you are responsible for leaving enough
tell us in writing of the percentage of the deposit contributed by money in the account to cover any outstanding items and charges
each of you. This information will not, however, affect the number to be paid from the account. Only a joint tenant that is a member
of signatures necessary for withdrawal. can close an account. Reasonable notice depends on the
Revocable Trust Account - If two or more of you create such an circumstances, and in some cases such as when we cannot verify
account, you own the account jointly with survivorship. your identity or we suspect fraud, it might be reasonable for us to
Beneficiaries cannot withdraw unless: (1) all persons creating the give you notice after the change or account closure becomes
account die, and (2) the beneficiary is then living. If two or more effective. For instance, if we suspect fraudulent activity with
beneficiaries are named and survive the death of all persons respect to your account, we might immediately freeze or close
creating the account, such beneficiaries will own this account in your account and then give you notice. At our option, we may
equal shares, without right of survivorship. The person(s) creating suspend your rights to member services if you violate the terms of
this account type reserve the right to: (1) change beneficiaries, (2) this agreement. If we have notified you of a change in any term of
change account types, and (3) withdraw all or part of the account your account and you continue to have your account after the
funds at any time. effective date of the change, you have agreed to the new term(s).
BUSINESS, ORGANIZATION AND ASSOCIATION ACCOUNTS NOTICES - Any written notice you give us is effective when we
- Earnings in the form of interest, dividends, or credits will be paid actually receive it, and it must be given to us according to the
only on collected funds, unless otherwise provided by law or our specific delivery instructions provided elsewhere, if any. We must
policy. You represent that you have the authority to open and receive it in time to have a reasonable opportunity to act on it. If
conduct business on this account on behalf of the entity. We may the notice is regarding a check or other item, you must give us
require the governing body of the entity opening the account to sufficient information to be able to identify the check or item,
give us a separate authorization telling us who is authorized to act including the precise check or item number, amount, date and
on its behalf. We will honor the authorization until we actually payee. Written notice we give you is effective when it is deposited
receive written notice of a change from the governing body of the in the United States Mail with proper postage and addressed to
entity. your mailing address we have on file. Notice to any of you is
STOP PAYMENTS - Unless otherwise provided, the rules in this notice to all of you.
section cover stopping payment of items such as checks and STATEMENTS - Your duty to report unauthorized signatures,
drafts. Rules for stopping payment of other types of transfers of alterations and forgeries - You must examine your statement of
funds, such as consumer electronic fund transfers, may be account with “reasonable care and promptness.” If you discover
established by law or our policy. If we have not disclosed these (or reasonably should have discovered) any unauthorized
rules to you elsewhere, you may ask us about those rules. signatures or alterations, you must promptly notify us of the
A stop-payment order must be given in the manner required by relevant facts. As between you and us, if you fail to do either of
law and must be received in time to give us a reasonable these duties, you will have to bear the entire loss. Your loss could
opportunity to act on it. Because stop-payment orders are handled be not only with respect to items on the statement but other items
by computers, to be effective the order must precisely identify the with unauthorized signatures or alterations by the same
number, date and amount of the item, and the payee. We will wrongdoer. We lose these protections if you establish that we
honor a stop-payment request by the person who signed the failed to exercise ordinary care in paying an item with an
particular item, and, by any other person, even though such other unauthorized signature or alteration.
person did not sign the item. You agree that the time you have to examine your statement and
Generally, if your stop-payment order is given to us in writing it is report to us will depend on the circumstances, but will not, in any
effective for six months. Your order will lapse after that time if you circumstance, exceed a total of 14 days from when the statement
do not renew the order in writing before the end of the six-month is first sent or made available to you.
period. If the original stop-payment order was oral your stop- You further agree that if you fail to report any unauthorized
payment order will lapse after 14 calendar days if you do not signatures, alterations or forgeries in your account within 60 days
confirm your order in writing within that time period. We are not of when we first send or make the statement available, you cannot
obligated to notify you when a stop-payment order expires. assert a claim against us on any items in that statement, and as
If you stop payment on an item and we incur any damages or between you and us the loss will be entirely yours. This 60-day
expenses because of the stop payment, you agree to indemnify limitation is without regard to whether we used ordinary care. The
us for those damages or expenses, including attorneys’ fees. You limitation in this paragraph is in addition to that contained in the
assign to us all rights against the payee or any other holder of the first paragraph of this section.
item. You agree to cooperate with us in any legal actions that we Your duty to report other errors or problems - In addition to
may take against such persons. You should be aware that anyone your duty to review your statements for unauthorized signatures,
holding the item may be entitled to enforce payment against you alterations and forgeries, you agree to examine your statement
despite the stop-payment order. with reasonable promptness for any other error or problem - such
TELEPHONE TRANSFERS - A telephone transfer of funds from as an encoding error or an unexpected deposit amount. Also, if
this account to another account with us, if otherwise arranged for you receive or we make available either your items or images of

your items, you must examine them for any unauthorized or right of withdrawal arises only in a representative capacity, or (d)
missing indorsements or any other problems. You agree that the social security or supplemental security income payments are
time you have to examine your statement and items and report to deposited directly into this account pursuant to an agreement with
us will depend on the circumstances. However, this time period us which permits such direct deposit without presentation to you
shall not exceed 60 days. Failure to examine your statement and at the time of deposit. We will not be liable for the dishonor of any
items and report any errors to us within 60 days of when we first check or draft when the dishonor occurs because we charge and
send or make the statement available precludes you from deduct an amount you owe us from your account. You agree to
asserting a claim against us for any errors on items identified in hold us harmless from any claim arising as a result of our exercise
that statement and as between you and us the loss will be entirely of our right to repayment.
yours. RESTRICTIVE LEGENDS OR INDORSEMENTS - The
Errors relating to electronic fund transfers or substitute automated processing of the large volume of checks we receive
checks - For information on errors relating to electronic fund prevents us from inspecting or looking for restrictive legends,
transfers (e.g., on-line, mobile, debit card or ATM transactions) restrictive indorsements or other special instructions on every
refer to your Electronic Fund Transfers disclosure and the check. For this reason, we are not required to honor any
sections on consumer liability and error resolution. For information restrictive legend or indorsement or other special instruction
on errors relating to a substitute check you received, refer to your placed on checks you write unless we have agreed in writing to
disclosure entitled Substitute Checks and Your Rights. the restriction or instruction. Unless we have agreed in writing, we
Duty to notify if statement not received - You agree to are not responsible for any losses, claims, damages, or expenses
immediately notify us if you do not receive your statement by the that result from your placement of these restrictions or instructions
date you normally expect to receive it. Not receiving your on your checks. Examples of restrictive legends placed on checks
statement in a timely manner is a sign that there may be an issue are “must be presented within 90 days” or “not valid for more than
with your account, such as possible fraud or identity theft. $1,000.00.” The payee’s signature accompanied by the words “for
ACCOUNT TRANSFER - This account may not be transferred or deposit only” is an example of a restrictive indorsement.
assigned without our prior written consent. PLEDGES - Each owner of this account may pledge all or any
DIRECT DEPOSITS - If we are required for any reason to part of the funds in it for any purpose to which we agree. Any
reimburse the federal government for all or any portion of a pledge of this account must first be satisfied before the rights of
benefit payment that was directly deposited into your account, you any surviving account owner or account beneficiary become
authorize us to deduct the amount of our liability to the federal effective.
government from the account or from any other account you have CHECK PROCESSING - We process items mechanically by
with us, without prior notice and at any time, except as prohibited relying solely on the information encoded in magnetic ink along
by law. We may also use any other legal remedy to recover the the bottom of the items. This means that we do not individually
amount of our liability. examine all of your items to determine if the item is properly
TEMPORARY ACCOUNT AGREEMENT - If the account completed, signed and indorsed or to determine if it contains any
documentation indicates that this is a temporary account information other than what is encoded in magnetic ink. You
agreement, each person who signs to open the account or has agree that we have exercised ordinary care if our automated
authority to make withdrawals (except as indicated to the processing is consistent with general banking practice, even
contrary) may transact business on this account. However, we though we do not inspect each item. Because we do not inspect
may at some time in the future restrict or prohibit further use of each item, if you write a check to multiple payees, we can
this account if you fail to comply with the requirements we have properly pay the check regardless of the number of indorsements
imposed within a reasonable time. unless you notify us in writing that the check requires multiple
indorsements. We must receive the notice in time for us to have a
RIGHT TO REPAYMENT OF INDEBTEDNESS - You each agree
reasonable opportunity to act on it, and you must tell us the
that we may (when permitted by law) charge against and deduct
precise date of the check, amount, check number and payee. We
from this account any due and payable debt any of you owe us
are not responsible for any unauthorized signature or alteration
now or in the future. If this account is owned by one or more of
that would not be identified by a reasonable inspection of the item.
you as individuals, we may set off any funds in the account
Using an automated process helps us keep costs down for you
against a due and payable debt a partnership owes us now or in
and all account holders.
the future, to the extent of your liability as a partner for the
partnership debt. If your debt arises from a promissory note, then CHECK CASHING - We may charge a fee for anyone that does
the amount of the due and payable debt will be the full amount we not have an account with us who is cashing a check, draft or other
have demanded, as entitled under the terms of the note, and this instrument written on your account. We may also require
amount may include any portion of the balance for which we have reasonable identification to cash such a check, draft or other
properly accelerated the due date. instrument. We can decide what identification is reasonable under
the circumstances and such identification may be documentary or
In addition to these contract rights, we may also have rights under
physical and may include collecting a thumbprint or fingerprint.
a “statutory lien.” A “lien” on property is a creditor’s right to obtain
ownership of the property in the event a debtor defaults on a debt. INDORSEMENTS - We may accept for deposit any item payable
A “statutory lien” is one created by federal or state statute. If to you or your order, even if they are not indorsed by you. We
federal or state law provides us with a statutory lien, then we are may give cash back to any one of you. We may supply any
authorized to apply, without prior notice, your shares and missing indorsement(s) for any item we accept for deposit or
dividends to any debt you owe us, in accord with the statutory collection, and you warrant that all indorsements are genuine.
lien. To ensure that your check or share draft is processed without
Neither our contract rights nor rights under a statutory lien apply delay, you must indorse it (sign it on the back) in a specific area.
to this account if prohibited by law. For example, neither our Your entire indorsement (whether a signature or a stamp) along
contract rights nor rights under a statutory lien apply to this with any other indorsement information (e.g. additional
account if: (a) it is an Individual Retirement Account or similar tax- indorsements, ID information, driver’s license number, etc.) must
deferred account, or (b) the debt is created by a consumer credit fall within 11/2” of the “trailing edge” of a check. Indorsements must
transaction under a credit card plan (but this does not affect our be made in blue or black ink, so that they are readable by
rights under any consensual security interest), or (c) the debtor’s automated check processing equipment.

As you look at the front of a check, the “trailing edge” is the left access to your funds in accordance with the legal action. Any fees
edge. When you flip the check over, be sure to keep all or expenses we incur in responding to any legal action (including,
indorsement information within 11/2” of that edge. without limitation, attorneys’ fees and our internal expenses) may
be charged against your account. The list of fees applicable to
7654
Name your account(s) provided elsewhere may specify additional fees
Address, City, State 20
Pay to the that we may charge for certain legal actions.
order of $ ACCOUNT SECURITY -
dollars
Bank Name
Duty to protect account information and methods of access -
and Location It is your responsibility to protect the account numbers and
Memo electronic access devices (e.g., an ATM card) we provide you for
!123456789! 7654
your account(s). Do not discuss, compare, or share information
TRAILING EDGE FRONT OF CHECK about your account number(s) with anyone unless you are willing
to give them full use of your money. An account number can be
used by thieves to issue an electronic debit or to encode your
number on a false demand draft which looks like and functions
1 1/2" Keep your indorsement like an authorized check. If you furnish your access device and
out of this area.
YOUR INDORSEMENT MUST
grant actual authority to make transfers to another person (a
BE WITHIN THIS AREA family member or coworker, for example) who then exceeds that
authority, you are liable for the transfers unless we have been
notified that transfers by that person are no longer authorized.
BACK OF CHECK
Your account number can also be used to electronically remove
It is important that you confine the indorsement information to this money from your account, and payment can be made from your
area since the remaining blank space will be used by others in the account even though you did not contact us directly and order the
processing of the check to place additional needed indorsements payment.
and information. You agree that you will indemnify, defend, and You must also take precaution in safeguarding your blank checks.
hold us harmless for any loss, liability, damage or expense that Notify us at once if you believe your checks have been lost or
occurs because your indorsement, another indorsement or stolen. If you are negligent in safeguarding your checks we will
information you have printed on the back of the check obscures not be responsible for any losses you incur due to an alteration or
our indorsement. forgery if we have paid the check in good faith and in accordance
These indorsement guidelines apply to both personal and with reasonable commercial standards.
business checks. Positive pay and other fraud prevention services - Except for
DEATH OR INCOMPETENCE - You agree to notify us promptly if consumer electronic fund transfers subject to Regulation E, you
any person with a right to withdraw funds from your account(s) agree that if we offer you services appropriate for your account to
dies or is adjudicated (determined by the appropriate official) help identify and limit fraud or other unauthorized transactions
incompetent. We may continue to honor your checks, items, and against your account, and you reject those services, you will be
instructions until: (a) we know of your death or adjudication of responsible for any fraudulent or unauthorized transactions which
incompetence, and (b) we have had a reasonable opportunity to could have been prevented by the services we offered. You will
act on that knowledge. You agree that we may pay or certify not be responsible for such transactions if we acted in bad faith or
checks drawn on or before the date of death or adjudication of to the extent our negligence contributed to the loss. Such services
incompetence for up to ten (10) days after your death or include positive pay or commercially reasonable security
adjudication of incompetence unless ordered to stop payment by procedures. If we offered you a commercially reasonable security
someone claiming an interest in the account. procedure which you reject, you agree that you are responsible
FIDUCIARY ACCOUNTS - Accounts may be opened by a person for any payment order, whether authorized or not, that we accept
acting in a fiduciary capacity. A fiduciary is someone who is in compliance with an alternative security procedure that you have
appointed to act on behalf of and for the benefit of another. We selected. The positive pay service can help detect and prevent
are not responsible for the actions of a fiduciary, including the check fraud and is appropriate for account holders that issue: a
misuse of funds. This account may be opened and maintained by high volume of checks, a lot of checks to the general public, or
a person or persons named as a trustee under a written trust checks for large dollar amounts.
agreement, or as executors, administrators, or conservators under TELEPHONIC INSTRUCTIONS - Unless required by law or we
court orders. You understand that by merely opening such an have agreed otherwise in writing, we are not required to act upon
account, we are not acting in the capacity of a trustee in instructions you give us via facsimile transmission or leave by
connection with the trust nor do we undertake any obligation to voice mail or on a telephone answering machine.
monitor or enforce the terms of the trust or letters. MONITORING AND RECORDING TELEPHONE CALLS AND
CREDIT VERIFICATION - You agree that we may verify credit CONSENT TO RECEIVE COMMUNICATIONS - Subject to federal
and employment history by any necessary means, including and state law, we may monitor or record phone calls for security
preparation of a credit report by a credit reporting agency. reasons, to maintain a record and to ensure that you receive
LEGAL ACTIONS AFFECTING YOUR ACCOUNT - If we are courteous and efficient service. You consent in advance to any
served with a subpoena, restraining order, writ of attachment or such recording.
execution, levy, garnishment, search warrant, or similar order To provide you with the best possible service in our ongoing
relating to your account (termed “legal action” in this section), we business relationship for your account we may need to contact
will comply with that legal action. Or, in our discretion, we may you about your account from time to time by telephone, text
freeze the assets in the account and not allow any payments out messaging or email. However, we first obtain your consent to
of the account until a final court determination regarding the legal contact you about your account in compliance with applicable
action. We may do these things even if the legal action involves consumer protection provisions in the federal Telephone
less than all of you. In these cases, we will not have any liability to Consumer Protection Act of 1991 (TCPA), CAN-SPAM Act and
you if there are insufficient funds to pay your items because we their related federal regulations and orders issued by the Federal
have withdrawn funds from your account or in any way restricted Communications Commission (FCC).

• Your consent is limited to your account, and as authorized by satisfactory to us that the dispute has been resolved. We will not
applicable law and regulations. be liable for any items that are dishonored as a consequence of
• Your consent is voluntary and not conditioned on the placing a hold on funds in your account for these reasons.
purchase of any product or service from us. WAIVER OF NOTICES - To the extent permitted by law, you
With the above understandings, you authorize us to contact you waive any notice of non-payment, dishonor or protest regarding
regarding your account throughout its existence using any any items credited to or charged against your account. For
telephone numbers or email addresses that you have previously example, if you deposit an item and it is returned unpaid or we
provided to us by virtue of an existing business relationship or that receive a notice of nonpayment, we do not have to notify you
you may subsequently provide to us. unless required by federal Regulation CC or other law.
ACH AND WIRE TRANSFERS - This agreement is subject to
This consent is regardless of whether the number we use to
Article 4A of the Uniform Commercial Code - Fund Transfers as
contact you is assigned to a landline, a paging service, a cellular
adopted in the state in which you have your account with us. If
wireless service, a specialized mobile radio service, other radio
you originate a fund transfer and you identify by name and
common carrier service or any other service for which you may be
number a beneficiary financial institution, an intermediary financial
charged for the call. You further authorize us to contact you
institution or a beneficiary, we and every receiving or beneficiary
through the use of voice, voice mail and text messaging, including
financial institution may rely on the identifying number to make
the use of pre-recorded or artificial voice messages and an
payment. We may rely on the number even if it identifies a
automated dialing device.
financial institution, person or account other than the one named.
If necessary, you may change or remove any of the telephone You agree to be bound by automated clearing house association
numbers or email addresses at any time using any reasonable rules. These rules provide, among other things, that payments
means to notify us. made to you, or originated by you, are provisional until final
CLAIM OF LOSS - If you claim a credit or refund because of a settlement is made through a Federal Reserve Bank or payment
forgery, alteration, or any other unauthorized withdrawal, you is otherwise made as provided in Article 4A-403(a) of the Uniform
agree to cooperate with us in the investigation of the loss, Commercial Code. If we do not receive such payment, we are
including giving us an affidavit containing whatever reasonable entitled to a refund from you in the amount credited to your
information we require concerning your account, the transaction, account and the party originating such payment will not be
and the circumstances surrounding the loss. You will notify law considered to have paid the amount so credited. Credit entries
enforcement authorities of any criminal act related to the claim of may be made by ACH. If we receive a payment order to credit an
lost, missing, or stolen checks or unauthorized withdrawals. We account you have with us by wire or ACH, we are not required to
will have a reasonable period of time to investigate the facts and give you any notice of the payment order or credit.
circumstances surrounding any claim of loss. Unless we have FACSIMILE SIGNATURES - Unless you make advance
acted in bad faith, we will not be liable for special or consequential arrangements with us, we have no obligation to honor facsimile
damages, including loss of profits or opportunity, or for attorneys’ signatures on your checks or other orders. If we do agree to honor
fees incurred by you. items containing facsimile signatures, you authorize us, at any
You agree that you will not waive any rights you have to recover time, to charge you for all checks, drafts, or other orders, for the
your loss against anyone who is obligated to repay, insure, or payment of money, that are drawn on us. You give us this
otherwise reimburse you for your loss. You will pursue your rights authority regardless of by whom or by what means the facsimile
or, at our option, assign them to us so that we may pursue them. signature(s) may have been affixed so long as they resemble the
Our liability will be reduced by the amount you recover or are facsimile signature specimen filed with us, and contain the
entitled to recover from these other sources. required number of signatures for this purpose. You must notify us
EARLY WITHDRAWAL PENALTIES (and involuntary at once if you suspect that your facsimile signature is being or has
withdrawals) - We may impose early withdrawal penalties on a been misused.
withdrawal from a time or term share account even if you don’t
initiate the withdrawal. For instance, the early withdrawal penalty —————————————
may be imposed if the withdrawal is caused by the enforcement of ELECTRONIC FUND TRANSFERS
our right to repayment of indebtedness against funds in the
account or as a result of an attachment or other legal process. We
YOUR RIGHTS AND RESPONSIBILITIES
may close your account and impose the early withdrawal penalty Indicated below are types of Electronic Fund Transfers we are
on the entire account balance in the event of a partial early capable of handling, some of which may not apply to your
withdrawal. See your notice of penalty for early withdrawals for account. Please read this disclosure carefully because it tells you
additional information. your rights and obligations for the transactions listed. You should
ADDRESS OR NAME CHANGES - You are responsible for keep this notice for future reference.
notifying us of any change in your address or your name. Unless Electronic Fund Transfers Initiated By Third Parties. You may
we agree otherwise, change of address or name must be made in authorize a third party to initiate electronic fund transfers between
writing by at least one of the account holders. Informing us of your your account and the third party’s account. These transfers to
address or name change on a check reorder form is not sufficient. make or receive payment may be one-time occurrences or may
We will attempt to communicate with you only by use of the most recur as directed by you. These transfers may use the Automated
recent address you have provided to us. If provided elsewhere, Clearing House (ACH) or other payments network. Your
we may impose a service fee if we attempt to locate you. authorization to the third party to make these transfers can occur in
RESOLVING ACCOUNT DISPUTES - We may place an a number of ways. For example, your authorization to convert a
administrative hold on the funds in your account (refuse payment check or draft to an electronic fund transfer or to electronically pay
or withdrawal of the funds) if it becomes subject to a claim a returned check or draft charge can occur when a merchant
adverse to (1) your own interest; (2) others claiming an interest as provides you with notice and you go forward with the transaction
survivors or beneficiaries of your account; or (3) a claim arising by (typically, at the point of purchase, a merchant will post a sign and
operation of law. The hold may be placed for such period of time print the notice on a receipt). In all cases, these third party
as we believe reasonably necessary to allow a legal proceeding to transfers will require you to provide the third party with your
determine the merits of the claim or until we receive evidence account number and credit union information. This information can
be found on your check or draft as well as on a deposit or

withdrawal slip. Thus, you should only provide your credit union dollar amount. The currency conversion rate used to determine
and account information (whether over the phone, the Internet, or the transaction amount in US dollars is either a rate selected by
via some other method) to trusted third parties whom you have Visa from the range of rates available in wholesale currency
authorized to initiate these electronic fund transfers. Examples of markets for the applicable central processing date, which rate
these transfers include, but are not limited to: may vary from the rate Visa itself receives, or the government-
• Preauthorized credits. You may make arrangements for mandated rate in effect for the applicable central processing date.
certain direct deposits to be accepted into your share draft or The conversion rate in effect on the processing date may differ
share savings account(s). from the rate in effect on the transaction date or posting date.
• Preauthorized payments. You may make arrangements to Visa USA charges us a 1% International Service Assessment on
pay certain recurring bills from your share draft or share all international transactions regardless of whether there is a
savings account(s). currency conversion. We pass this international transaction fee on
• Electronic check or draft conversion. You may authorize a to you. An international transaction is a transaction where the
merchant or other payee to make a one-time electronic country of the merchant is outside the USA.
payment from your checking or share draft account using Advisory Against Illegal Use. You agree not to use your card(s)
information from your check or draft to pay for purchases or for illegal gambling or other illegal purpose. Display of a payment
pay bills. card logo by, for example, an online merchant does not
• Electronic returned check or draft charge. You may necessarily mean that transactions are lawful in all jurisdictions in
authorize a merchant or other payee to initiate an electronic which the cardholder may be located.
funds transfer to collect a charge in the event a check or draft Please see your cardholder agreement for additional information
is returned for insufficient funds. relating to the use of your debit card.
Audio Banking Telephone Transfers - types of transfers - You Visa Account Updater Notice of Right to Opt Out. Your Debit
may access your account by telephone 24 hours a day using your Card will be automatically enrolled in the free Visa® Account
personal identification number and a touch tone phone, to: Updater (VAU) service. With VAU, your account files will be
• transfer funds from share draft to share draft updated when information changes because of a product
• transfer funds from share draft to share savings upgrade, card expiration, loss or theft, account closure or other
changes. A participating merchant can access that updated card
• transfer funds from share savings to share draft
information before requesting a payment. Since not all merchants
• transfer funds from share savings to share savings participate, you should also contact the merchants directly if your
• make payments from share draft to loan accounts with us card information changes. You are entitled to opt out of this
• make payments from share savings to loan accounts with us service. You may opt out at any time.
• get information about: If you want to opt out, phone us at (518) 825-0323, email us at
- the account balance of share draft accounts [email protected], or mail us notice of your intention to opt out at 342
- the account balance of share savings accounts Tom Miller Road, Plattsburgh, NY 12901. You must include your
ATM Transfers - types of transfers, dollar limitations, and name and account number. If you opt out, you may opt back in if
charges - You may access your account(s) by ATM using your you decide you want the Visa Account Updater service in the
debit card and personal identification number, to: future. You may opt in the same way(s) that you can opt out.
• make deposits to share draft account(s) with a debit card FEES
• make deposits to share savings account(s) with a debit card • We do not charge for direct deposits to any type of account.
• get cash withdrawals from share draft account(s) with a debit • We do not charge for preauthorized payments from any type
card of account.
- you may withdraw no more than $1,000.00 in a 24 hour Please refer to our separate fee schedule for additional
period information about charges.
• transfer funds from share savings to share draft account(s) Except as indicated elsewhere, we do not charge for these
with a debit card electronic fund transfers.
• transfer funds from share draft to share savings account(s) ATM Operator/Network Fees. When you use an ATM not owned
with a debit card by us, you may be charged a fee by the ATM operator or any
• get information about: network used (and you may be charged a fee for a balance
- the account balance of your share draft accounts inquiry even if you do not complete a fund transfer).
- the account balance of your share savings accounts DOCUMENTATION
There is a charge of $.50 per transaction (withdrawal or • Terminal transfers. You can get a receipt at the time you
transfer) in excess of four per month. make a transfer to or from your account using an automated
Some of these services may not be available at all terminals. teller machine or point-of-sale terminal. However, you may
Types of Debit Card Point-of-Sale Transactions - You may not get a receipt if the amount of the transfer is $15 or less.
access your share draft account(s) to purchase goods (in person • Preauthorized credits. If you have arranged to have direct
or by phone), pay for services (in person or by phone), get cash deposits made to your account at least once every 60 days
from a merchant, if the merchant permits, or from a participating from the same person or company, you can call us at (518)
financial institution, and do anything that a participating merchant 825-0323 to find out whether or not the deposit has been
will accept. made.
Point-of-Sale Transactions - dollar limitations - Using your • Periodic statements.
card: You will get a monthly account statement from us for your
• you may not exceed $2,000.00 in transactions per 24-hour share draft accounts.
period ($1,000.00 of which can be cash) You will get a monthly account statement from us for your
Currency Conversion and International Transactions. When share savings accounts, unless there are no transfers in a
you use your debit card at a merchant that settles in currency particular month. In any case, you will get a statement at
other than US dollars, the charge will be converted into the US least quarterly.

PREAUTHORIZED PAYMENTS If you do NOT tell us within 2 business days after you learn of
• Right to stop payment and procedure for doing so. If you the loss or theft of your card and/or code, and we can prove we
have told us in advance to make regular payments out of could have stopped someone from using your card and/or code
your account, you can stop any of these payments. Here is without your permission if you had told us, you could lose as
how: much as $500.
Call or write us at the telephone number or address listed Also, if your statement shows transfers that you did not make,
in this disclosure in time for us to receive your request 3 including those made by card, code or other means, tell us at
business days or more before the payment is scheduled to once. If you do not tell us within 60 days after the statement was
be made. If you call, we may also require you to put your mailed to you, you may not get back any money you lost after the
request in writing and get it to us within 14 days after you 60 days if we can prove that we could have stopped someone
call. from taking the money if you had told us in time.
Please refer to our separate fee schedule for the amount If a good reason (such as a long trip or a hospital stay) kept
we will charge you for each stop payment order you give. you from telling us, we will extend the time periods.
• Notice of varying amounts. If these regular payments may • Additional Limit on Liability for debit card. Unless you have
vary in amount, the person you are going to pay will tell you, been negligent or have engaged in fraud, you will not be liable for
10 days before each payment, when it will be made and how any unauthorized transactions using your lost or stolen debit card.
much it will be. (You may choose instead to get this notice This additional limit on liability does not apply to ATM transactions
only when the payment would differ by more than a certain outside of the U.S., to ATM transactions not sent over Visa or Plus
amount from the previous payment, or when the amount networks, or to transactions using your Personal Identification
would fall outside certain limits that you set.) Number which are not processed by VISA®. Visa is a registered
• Liability for failure to stop payment of preauthorized trademark of Visa International Service Association.
transfer. If you order us to stop one of these payments 3 (b) Contact in event of unauthorized transfer. If you believe
business days or more before the transfer is scheduled, and your card and/or code has been lost or stolen, call or write us at
we do not do so, we will be liable for your losses or damages. the telephone number or address listed in this disclosure. You
FINANCIAL INSTITUTION’S LIABILITY should also call the number or write to the address listed in this
Liability for failure to make transfers. If we do not complete disclosure if you believe a transfer has been made using the
a transfer to or from your account on time or in the correct amount information from your check or draft without your permission.
according to our agreement with you, we will be liable for your ERROR RESOLUTION NOTICE
losses or damages. However, there are some exceptions. We will In Case of Errors or Questions About Your Electronic
not be liable, for instance: Transfers, Call or Write us at the telephone number or address
(1) If, through no fault of ours, you do not have enough money listed in this disclosure, as soon as you can, if you think your
in your account to make the transfer. statement or receipt is wrong or if you need more information
(2) If you have an overdraft line and the transfer would go about a transfer listed on the statement or receipt. We must hear
over the credit limit. from you no later than 60 days after we sent the FIRST statement
on which the problem or error appeared.
(3) If the automated teller machine where you are making the
transfer does not have enough cash. (1) Tell us your name and account number (if any).
(4) If the terminal or system was not working properly and you (2) Describe the error or the transfer you are unsure about,
knew about the breakdown when you started the transfer. and explain as clearly as you can why you believe it is an
(5) If circumstances beyond our control (such as fire or flood) error or why you need more information.
prevent the transfer, despite reasonable precautions that (3) Tell us the dollar amount of the suspected error.
we have taken. If you tell us orally, we may require that you send us your
(6) There may be other exceptions stated in our agreement complaint or question in writing within 10 business days.
with you. We will determine whether an error occurred within 10
CONFIDENTIALITY business days (5 business days for debit card point-of-sale
We will disclose information to third parties about your account transactions processed by Visa and 20 business days if the
or the transfers you make: transfer involved a new account) after we hear from you and will
correct any error promptly. If we need more time, however, we
(1) where it is necessary for completing transfers; or
may take up to 45 days (90 days if the transfer involved a new
(2) in order to verify the existence and condition of your account, a point-of-sale transaction, or a foreign-initiated transfer)
account for a third party, such as a credit bureau or to investigate your complaint or question. If we decide to do this,
merchant; or we will credit your account within 10 business days (5 business
(3) in order to comply with government agency or court days for debit card point-of-sale transactions processed by Visa
orders; or and 20 business days if the transfer involved a new account) for
(4) as explained in the separate Privacy Disclosure. the amount you think is in error, so that you will have the use of
UNAUTHORIZED TRANSFERS the money during the time it takes us to complete our
(a) Consumer Liability. investigation. If we ask you to put your complaint or question in
• Generally. Tell us AT ONCE if you believe your card and/or writing and we do not receive it within 10 business days, we may
code has been lost or stolen, or if you believe that an electronic not credit your account. Your account is considered a new
fund transfer has been made without your permission using account for the first 30 days after the first deposit is made, unless
information from your check or draft. Telephoning is the best way each of you already has an established account with us before
of keeping your possible losses down. You could lose all the this account is opened.
money in your account (plus your maximum overdraft line of We will tell you the results within three business days after
credit). If you tell us within 2 business days after you learn of the completing our investigation. If we decide that there was no error,
loss or theft of your card and/or code, you can lose no more than we will send you a written explanation.
$50 if someone used your card and/or code without your You may ask for copies of the documents that we used in our
permission. investigation.

DANNEMORA FEDERAL CREDIT UNION 14. At a drive-up facility, make sure all the car doors are locked
342 TOM MILLER ROAD and all of the windows are rolled up, except the driver’s
PLATTSBURGH, NEW YORK 12901 window. Keep the engine running and remain alert to your
Business Days: Monday through Friday surroundings.
Excluding Federal Holidays 15. We want the ATM and night deposit facility to be safe and
Phone: (518) 825-0323 convenient for you. The activity of the automated teller
MORE DETAILED INFORMATION IS AVAILABLE machine facility may be recorded by a surveillance camera or
ON REQUEST cameras. Please tell us if you know of any problem with a
facility. For instance, let us know if a light is not working or
NOTICE OF ATM/NIGHT DEPOSIT
there is any damage to a facility. Please use the nearest
FACILITY USER PRECAUTIONS
available public telephone to call the police if emergency
As with all financial transactions, please exercise discretion assistance is needed. Direct complaints concerning ATM
when using an automated teller machine (ATM) or night deposit facility security to us at the phone number listed in this
facility. For your own safety, be careful. The following suggestions disclosure or the New York Department of Financial
may be helpful. Services Consumer Services Hotline at 1-800-342-3736.
1. Prepare for your transactions at home (for instance, by
filling out a deposit slip) to minimize your time at the ATM or —————————————
night deposit facility. YOUR ABILITY TO WITHDRAW FUNDS
2. Mark each transaction in your account record, but not while This policy statement applies to all accounts.
at the ATM or night deposit facility. Always save your ATM Our policy is to make funds from your cash and check deposits
receipts. Don’t leave them at the ATM or night deposit available to you immediately. At that time, you can withdraw the
facility because they may contain important account funds in cash and we will use the funds to pay checks that you
information. have written.
3. Compare your records with the account statements you Please remember that even after we have made funds
receive. available to you, and you have withdrawn the funds, you are still
4. Don’t lend your ATM card to anyone. responsible for checks you deposit that are returned to us unpaid
5. Remember, do not leave your card at the ATM. Do not and for any other problems involving your deposit.
leave any documents at a night deposit facility. For determining the availability of your deposits, every day is a
6. If you lose your ATM card or if it is stolen, promptly notify business day, except Saturdays, Sundays, and federal holidays. If
us. You should consult the other disclosures you have you make a deposit before 2:00 P.M. on a business day that we
received about electronic fund transfers for additional are open, we will consider that day to be the day of your deposit.
information about what to do if your card is lost or stolen. However, if you make a deposit after 2:00 P.M. or on a day we
7. Protect the secrecy of your Personal Identification Number are not open, we will consider that the deposit was made on the
(PIN). Protect your ATM card as though it were cash. Don’t next business day we are open.
tell anyone your PIN. Don’t give anyone information If you make a deposit at an ATM before 3:00 P.M. on a
regarding your ATM card or PIN over the telephone. Never business day that we are open, we will consider that day to be the
enter your PIN in any ATM that does not look genuine, has day of your deposit. However, if you make a deposit at an ATM
been modified, has a suspicious device attached, or is after 3:00 P.M. or on a day we are not open, we will consider that
operating in a suspicious manner. Don’t write your PIN the deposit was made on the next business day we are open.
where it can be discovered. For example, don’t keep a note If we cash a check for you that is drawn on another bank, we
of your PIN in your wallet or purse. may withhold the availability of a corresponding amount of funds
8. Prevent others from seeing you enter your PIN by using that are already in your account. Those funds will be available at
your body to shield their view. the time funds from the check we cashed would have been
9. Don’t accept assistance from anyone you don’t know when available if you had deposited it.
using an ATM or night deposit facility. If we accept for deposit a check that is drawn on another bank,
10. When you make a transaction, be alert to your we may make funds from the deposit available for withdrawal
surroundings. Look out for suspicious activity near the immediately but delay your availability to withdraw a
ATM or night deposit facility, particularly if it is after sunset. corresponding amount of funds that you have on deposit in
At night, be sure that the facility (including the parking area another account with us. The funds in the other account would
and walkways) is well lighted. Consider having someone then not be available for withdrawal until the time periods that are
accompany you when you use the facility, especially after described elsewhere in this disclosure for the type of check that
sunset. Defer your transaction if circumstances cause you you deposited.
to be apprehensive for your safety. You might consider LONGER DELAYS MAY APPLY
using another ATM or night deposit facility. Case-by-case delays. In some cases, we will not make all of
11. If you notice anything suspicious or if any other problem the funds that you deposit by check available to you immediately.
arises after you have begun an ATM transaction, you may Depending on the type of check that you deposit, funds may not
want to cancel the transaction, pocket your card and leave. be available until the second business day after the day of your
You might consider using another ATM or coming back deposit. The first $225 of your deposits, however, will be available
later. immediately.
12. Please be sure to close any entry door completely upon If we are not going to make all of the funds from your deposit
entering and exiting the ATM or night depository facility. Do available immediately, we will notify you at the time you make
not permit any unknown persons to enter the facility after your deposit. We will also tell you when the funds will be
regular banking hours. available. If your deposit is not made directly to one of our
13. Don’t display your cash; place withdrawn cash securely employees, or if we decide to take this action after you have left
upon your person before exiting the ATM. Count the cash the premises, we will mail you the notice by the day after we
later when you are in the safety of your own car, home, or receive your deposit.
other secure surrounding.

If you will need the funds from a deposit right away, you should Accrual of dividends on noncash deposits - Dividends will
ask us when the funds will be available. begin to accrue on the business day you place noncash items (for
Safeguard exceptions. In addition, funds you deposit by example, checks) to your account.
check may be delayed for a longer period under the following Transaction limitations:
circumstances: The maximum automated teller machine withdrawal we allow is
We believe a check you deposit will not be paid. $1,000.00 per 24-hour period.
You deposit checks totaling more than $5,525 on any one day. The above withdrawal limitations apply to this account in
You redeposit a check that has been returned unpaid. combination with share draft account(s).
You have overdrawn your account repeatedly in the last six During any statement period, you may not make more than six
months. withdrawals or transfers to another credit union account of yours
or to a third party by means of a preauthorized or automatic
There is an emergency, such as failure of computer or
transfer or telephonic order or instruction. No more than three of
communications equipment.
the six transfers may be made by check, draft, debit card (if
We will notify you if we delay your ability to withdraw funds for applicable), or similar order to a third party. If you exceed the
any of these reasons, and we will tell you when the funds will be transfer limitations set forth above in any statement period, your
available. They will generally be available no later than the account will be subject to closure by the credit union.
seventh business day after the day of your deposit. Par value of a share:
SPECIAL RULES FOR NEW ACCOUNTS The par value of a share in this account is $5.00.
If you are a new member, the following special rules will apply CHRISTMAS CLUB ACCOUNT
during the first 30 days your account is open. Rate Information:
Funds from electronic direct deposits to your account will be The dividend rate and annual percentage yield may change every
available on the day we receive the deposit. Funds from deposits dividend period. We may change the dividend rate for your
of cash, wire transfers, and the first $5,525 of a day’s total account as determined by the credit union board of directors.
deposits of cashier’s, certified, teller’s, traveler’s, and federal,
Compounding and crediting - Dividends will be compounded
state and local government checks will be available immediately if
every day. Dividends will be credited to your account every
the deposit meets certain conditions. For example, the checks
month.
must be payable to you (and you may have to use a special
deposit slip). The excess over $5,525 will be available on the Dividend period - For this account type, the dividend period is
ninth business day after the day of your deposit. If your deposit of monthly, for example, the beginning date of the first dividend
these checks (other than a U.S. Treasury check) is not made in period of the calendar year is January 1, and the ending date of
person to one of our employees, the first $5,525 will not be such dividend period is January 31. All other dividend periods
available until the second business day after the day of your follow this same pattern of dates. The dividend declaration date
deposit. follows the ending date of a dividend period, and for the example
above is February 1.
Funds from all other check deposits will be available on the
Minimum balance requirements:
ninth business day after the day of your deposit.
You must maintain a minimum daily balance of $50.00 in your
DEPOSITS AT AUTOMATED TELLER MACHINES
account each day to obtain the disclosed annual percentage yield.
Funds from any deposits (cash or checks) made at automated Daily balance computation method - Dividends are calculated
teller machines (ATMs) we do not own or operate will not be by the daily balance method which applies a daily periodic rate to
available until the next business day after the day of your deposit the balance in the account each day.
if the deposit is made before 3:00 P.M. If the deposit is made after
Accrual of dividends on noncash deposits - Dividends will
3:00 P.M., funds will not be available for two business days.
begin to accrue on the business day you place noncash items (for
————————————— example, checks) to your account.
Transaction limitations:
TRUTH-IN-SAVINGS DISCLOSURE
You may not make any withdrawals or transfers to another credit
REGULAR SHARE ACCOUNT union account of yours or to a third party by means of a
Rate Information: preauthorized or automatic transfer, telephonic order or instruction,
The dividend rate and annual percentage yield may change every or similar order to a third party.
dividend period. We may change the dividend rate for your If any withdrawal is made from this account before the end of the
account as determined by the credit union board of directors. club year, then this account may be closed.
Compounding and crediting - Dividends will be compounded CLUB ACCOUNT
every day. Dividends will be credited to your account every Rate Information:
month. The dividend rate and annual percentage yield may change every
Dividend period - For this account type, the dividend period is dividend period. We may change the dividend rate for your
monthly, for example, the beginning date of the first dividend account as determined by the credit union board of directors.
period of the calendar year is January 1, and the ending date of Compounding and crediting - Dividends will be compounded
such dividend period is January 31. All other dividend periods every day. Dividends will be credited to your account every
follow this same pattern of dates. The dividend declaration date month.
follows the ending date of a dividend period, and for the example Dividend period - For this account type, the dividend period is
above is February 1. monthly, for example, the beginning date of the first dividend
Minimum balance requirements: period of the calendar year is January 1, and the ending date of
The minimum required to open this account is the purchase of a such dividend period is January 31. All other dividend periods
share in the credit union. Please see the bylaw requirements in follow this same pattern of dates. The dividend declaration date
the Common Features section for additional information. follows the ending date of a dividend period, and for the example
Daily balance computation method - Dividends are calculated above is February 1.
by the daily balance method which applies a daily periodic rate to Minimum balance requirements:
the balance in the account each day. You must maintain a minimum daily balance of $225.00 in your
account each day to obtain the disclosed annual percentage yield.
Daily balance computation method - Dividends are calculated nationwide ATM withdrawal fee refunds earned through the linked
by the daily balance method which applies a daily periodic rate to checking account are transferred into the Kasasa Saver account
the balance in the account each day. at the end of the cycle period to help the consumer save.
Accrual of dividends on noncash deposits - Dividends will Dividend Rate & Annual Percentage Yield (APY):
begin to accrue on the business day you place noncash items (for Compounding & Crediting.
example, checks) to your account. Dividends will be compounded on a daily basis. Dividends will
Transaction limitations: be credited to your Kasasa Saver account on the first
During any statement period, you may not make more than six processing/business day of the following statement cycle. If you
withdrawals or transfers to another credit union account of yours close your account before the dividends are credited, you will
or to a third party by means of a preauthorized or automatic not receive the accrued dividends. Dividends begin(s) to accrue
transfer or telephonic order or instruction. No more than three of on the day you deposit noncash items (for example, checks).
the six transfers may be made by check, draft, debit card (if “Statement Cycle” means the period of time for which
applicable), or similar order to a third party. Dannemora Federal Credit Union provides a summary of the
IRA SHARE ACCOUNT financial activities and transactions that post and settle to the
Rate Information: accountholder’s account. See our website www.dfcu.net or call
The dividend rate and annual percentage yield may change every 518-825-0323 to speak to one of our branch service
dividend period. We may change the dividend rate for your representatives for specific Statement Cycle dates.
account as determined by the credit union board of directors. Balance Computation Method.
Compounding and crediting - Dividends will be compounded We use the daily balance method to calculate the dividends in
every day. Dividends will be credited to your account every your Kasasa Saver account. This method applies a periodic
month. rate to the principal in the account each day for the period. The
Dividend period - For this account type, the dividend period is period we use is the Statement Cycle.
monthly, for example, the beginning date of the first dividend Minimum to open - You must deposit $5.00 to open this account.
period of the calendar year is January 1, and the ending date of Dividend Rate & Annual Percentage Yield:
such dividend period is January 31. All other dividend periods The dividend rate and Annual Percentage Yield (APY) associated
follow this same pattern of dates. The dividend declaration date with your Kasasa Saver account when linked to either a Kasasa
follows the ending date of a dividend period, and for the example Cash or Kasasa Cash Back account is documented below. Please
above is February 1. refer to the appropriate Kasasa Cash or Kasasa Cash Back Truth
Minimum balance requirements: In Savings Disclosure for specific account qualification
You must maintain a minimum daily balance of $75.00 in your information.
account each day to obtain the disclosed annual percentage yield. When your linked Kasasa Cash or Kasasa Cash Back qualifications
Daily balance computation method - Dividends are calculated are met during a Monthly Qualification Cycle:
by the daily balance method which applies a daily periodic rate to Kasasa Saver: daily balances up to and including $24,999 in your
the balance in the account each day. Kasasa Saver account earn a dividend rate of 0.9954% resulting
Accrual of dividends on noncash deposits - Dividends will in an APY of 1% and daily balances over $25,000 earn a dividend
begin to accrue on the business day you place noncash items (for rate of 0.2497% on the portion of the daily balance over $25,000
example, checks) to your account. resulting in a range from .25% to 1% APY depending on the
Kasasa Saver account’s daily balance.
When your linked Kasasa Cash or Kasasa Cash Back
You may not make any withdrawals or transfers to another credit qualifications are not met during a Monthly Qualification Cycle: the
union account of yours or to a third party by means of a entire daily balance in the Kasasa Saver account earns 0.05%
preauthorized or automatic transfer, telephonic order or instruction, APY.
or similar order to a third party.
Dividends will be credited to your Kasasa Saver account on the
SHARE DRAFT ACCOUNT first processing/business day of the following statement cycle.
Minimum balance requirements: Kasasa Cash When Linked To Kasasa Saver: When linked to
The minimum balance required to open this account is $10.00. Kasasa Saver and your Kasasa Cash account’s qualifications are
Transaction limitations: met during a Monthly Qualification Cycle, daily balances up to and
The maximum automated teller machine withdrawal we allow is including $14,999 in your Kasasa Cash account earn a dividend
$1,000.00 per 24-hour period. rate of 2.9595% resulting in a non-compounding APY* of 3%; and
daily balances over $15,000 earn a dividend rate of 0.2497% on
The above withdrawal limitation applies to this account in the portion of the daily balance over $15,000, resulting in a non-
combination with Regular Share account(s). compounding range from .25% to 3% APY depending on the
KASASA SAVER ACCOUNT account’s daily balance.
This disclosure contains the rules that govern your Kasasa Saver When your linked Kasasa Cash account’s qualifications are not
deposit account as of —————————— when it is linked to met during a Monthly Qualification Cycle: ATM withdrawal fees
either a Kasasa Cash, or Kasasa Cash Back account. Please are not refunded and the entire daily balance in the account earns
refer to both this AND the corresponding Kasasa Cash Truth In a dividend rate of 0.05% resulting in a non-compounding APY of
Savings disclosure to ensure you have all of the information that 0.05%. Dividends will be credited to your Kasasa Cash account
is associated with your accounts. on the first processing/business day of the following statement
Account Overview: cycle.
Kasasa Saver: Linked with a Kasasa Cash or Kasasa Cash Back * Dividends in Kasasa Cash do not compound because it is
account, this is a free, variable rate deposit account with no automatically transferred to the Kasasa Saver account within one
minimum balance that rewards accountholders with dividends day. Note: Automatic transfer may cause an overdraft to your
when they meet the minimum qualifications associated with their Kasasa Cash account, if the account’s balance is less than the
linked account during that account’s Monthly Qualification Cycle. transferred amount when transfer occurs.
In addition, the (a) dividends, (b) cash back dollars, and (c) the APY = Annual Percentage Yield. APY calculations are based on

an assumed balance of $14,999 + $100,000 in your Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in
account and $24,999+ $100,000 in your Kasasa Saver account the U.S.A.
and an assumed statement cycle of thirty-one (31) days. Rates, Cycle Date Information:
rewards, and bonuses, if any, are variable and may change after The following dates apply to your Kasasa Saver account. Our
account is opened without notice to you. No minimum balance is Monthly Qualification Cycle dates are not the same as our
required to earn or receive the account’s rewards. Rewards less Statement Cycle dates. To qualify for your account’s rewards, all
than a penny cannot be distributed. Fees may reduce earnings. of the transactions and activities identified within the above
(You will automatically qualify for the account’s rewards during Qualification Information section must post and settle to your
your account’s first statement cycle.) If the account is closed Kasasa Saver account with these Monthly Qualification Cycle
before rewards are credited, you will forfeit the rewards. dates.
Reward Distribution: The following activities do not count toward earning account
Kasasa Cash Back When Linked To Kasasa Saver: The cash rewards: ATM-processed transactions, transfers between
back payments and nationwide ATM withdrawal fee accounts, debit card purchases processed by merchants and
reimbursements earned in your Kasasa Cash Back account will received by our bank as ATM transactions, non-retail payment
be credited to your Kasasa Saver account on last day of the transactions and purchases made with debit cards not issued by
current statement cycle. our institution. Transactions bundled together by merchants and
Additional Information: received by our institution as a single transaction count as a
Account approval, conditions, qualifications, limits, timeframes, single transaction for the purpose of earning account rewards.
enrollments, log-ons and other requirements apply. Qualifications
and rewards may vary by account. $5.00 minimum deposit is
required to open the account. Monthly enrollment in online banking
and estatements are a condition(s) of Monthly Kasasa Saver’s
linked Kasasa Cash or Kasasa Cash Back account(s). See
accompanying schedule of Consumer Fees and Charges for fees
that may apply to this account. Enrollment in electronic services
(e.g. online banking, e-statements) and log-ons may be required to
meet some of Kasasa Saver’s linked Kasasa Cash or Kasasa Cash
Back account(s). Limit of 1 account(s) per member. There are no
recurring monthly maintenance charges or fees to open or close
this account. This account is not to be used for commercial
purposes. If the account is closed, you will forfeit any rewards that
have not been credited to your account. If, for whatever reason the
Kasasa Saver portion of your account is closed, your account will
automatically be converted to the associated standalone Kasasa
Cash or Kasasa Cash Back account and that account’s terms and
conditions articulated within their specific disclosure will apply.
Linked Accounts: You must have a linked Kasasa Cash or a
linked Kasasa Cash Back account in order to open a Kasasa
Saver account, and the linked Kasasa Cash or Kasasa Cash Back
account must remain open throughout the period that you hold the
Kasasa Saver account. A linked Kasasa Saver account is
required for automatic savings.
Account Limitations: If Kasasa Saver Is Established As A
Savings Account: Transfers or withdrawals from a Kasasa Saver
account to (a) another account of the same depositor at our
institution or to (b) a third party or an account of the same
depositor at another bank, if made by preauthorized transfer,
automatic transfer, telephone, fax or internet banking service and
(c) transfers or withdrawals to a third party or to an account of the
depositor to another account at another bank made by check,
draft, debit card are limited to an aggregate total of six (6) per
calendar month. There is no limit to the number of transfers or
withdrawals from your Kasasa Saver account to repay loans at
our institution or are made in person, by mail, by messenger or at
an ATM. These transactions are considered made on the date the
transaction posts and settles to your account, not the date the
withdrawal request was initiated.
Contact one of our credit union service representatives for
additional information, details, restrictions, reward calculations,
processing limitations, cycle dates and enrollment instructions.
Federally insured by NCUA] [Your Savings Insured To $250,000
Per Account, American Share Insurance. By members’ choice,
this institution is not federally insured, and if the institution fails,
the Federal Government does not guarantee that depositors will
get back their money. Kasasa, Kasasa Cash, Kasasa Cash Back,

spending activities including but not limited to grocery, gasoline,
Monthly Qualification Statement
apparel, shopping, dining, sporting and entertainment
Cycle Cycle
transactions are posted and settled.
Month Year Begin End Begin End Commensurate with the spending activities identified above, we
expect the account’s debit card to be used frequently throughout
January 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx each month and for transaction amounts to reflect a wide dollar
range. Small debit card transactions conducted on the same day
February 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx at a single merchant and/or multiple transactions made during a
condensed time period particularly near the end of a Monthly
March 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx Qualification Cycle are not considered normal, day-to-day
spending behavior. These types of transactions appear to be
April 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx conducted with the sole purpose of qualifying for the account’s
rewards and thus will be deemed inappropriate transactions and
May 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx will not count toward earning the account’s rewards.
Dannemora Federal Credit Union reserves the right to determine
June 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx if the account is being maintained for a purpose other than day-to-
day, primary use. Accountholders who persist in making debit
July 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx card transactions in a calculated and limited fashion in order to
meet their monthly qualifications may have their accounts
August 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx converted to a different share draft account or closed altogether.
We also reserve the right to convert the account to a different
September 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx share draft account if the account does not have consistent active
use over 3 consecutive Statement Cycles.
October 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
We have the right to close this account at any time, with proper
notice. Our decision to close the account will not affect your
November 2019 11/01/2019 11/30/2019 11/01/2019 11/30/2019
existing obligations to us including any obligation to pay fees or
charges incurred prior to termination. No deposits will be accepted
December 2019 12/01/2019 12/31/2019 12/01/2019 12/31/2019
and no checks will be paid after the account is closed. If the
account is closed, you will forfeit any rewards that have not been
credited to your account. A Dannemora Federal Credit Union
January 2020 01/01/2020 01/31/2020 01/01/2020 01/31/2020 check for the remaining balance, if applicable, will be mailed to
accountholder at the address indicated on our current records.
February 2020 02/01/2020 02/29/2020 02/01/2020 02/29/2020 Upon termination of your Kasasa Cash account, any optional add-
on products / services associated with this account will also be
March 2020 03/01/2020 03/31/2020 03/01/2020 03/31/2020 terminated at the same time.
Dividend Rate & Annual Percentage Yield (APY):
April 2020 04/01/2020 04/30/2020 04/01/2020 04/30/2020 Compounding & Crediting:
Dividends will be compounded on a daily basis. Dividends will
May 2020 05/01/2020 05/31/2020 05/01/2020 05/31/2020 be credited to your Kasasa Cash account on the first
processing/business day of the following statement cycle. If
June 2020 06/01/2020 06/30/2020 06/01/2020 06/30/2020 you close your account before the dividends are credited, you
will not receive the accrued dividends. Dividends begin(s) to
July 2020 07/01/2020 07/31/2020 07/01/2020 07/31/2020 accrue on the day you deposit noncash items (for example,
checks).
August 2020 08/01/2020 08/31/2020 08/01/2020 08/31/2020 “Statement Cycle” means the period of time for which
Dannemora Federal Credit Union provides a summary of the
September 2020 09/01/2020 09/30/2020 09/01/2020 09/30/2020 financial activities and transactions that post and settle to the
accountholder’s account. See our website www.dfcu.net or call
October 2020 10/01/2020 10/31/2020 10/01/2020 10/31/2020
518-825-0323 to speak to one of our branch service
representatives for specific Statement Cycle dates.
November 2020 11/01/2020 11/30/2020 11/01/2020 11/30/2020
Balance Computation Method.
December 2020 12/01/2020 12/31/2020 12/01/2020 12/31/2020 We use the daily balance method to calculate the dividends in
your Kasasa Cash account. This method applies a periodic
KASASA CASH ACCOUNT rate to the principal in the account each day for the period. The
This disclosure contains the rules that govern your Kasasa Cash period we use is the Statement Cycle.
deposit account as of —————————— . Minimum to open - You must deposit $10.00 to open this
Account Overview: account.
Kasasa Cash: A free variable rate checking account with no Dividend Rate & Annual Percentage Yield:
minimum balance that rewards accountholders with dividends and When your Kasasa Cash account qualifications are met during a
nationwide ATM withdrawal fee refunds when they meet minimum Monthly Qualification Cycle daily balances up to and including
qualifications during the account’s Monthly Qualification Cycle. $14,999 in your Kasasa Cash account earn a dividend rate of
2.9595% resulting in an APY of 3%; and daily balances over
Purpose and Expected Use of Account
$15,000 earn a dividend rate of 0.2497% on the portion of the
This account is intended to be the accountholder’s primary share daily Balance over $15,000, resulting in a range from 0.25% to
draft account in which payroll transactions and day-to-day 3% APY depending on the account’s daily balance.

When Kasasa Cash qualifications are not met, ATM withdrawal APY = Annual Percentage Yield. APY calculations are based on
fees are not refunded and the dividend Rate earned on the entire an assumed balance of 14,999 + $100,000 in your Kasasa Cash
daily balance in the account will be 0.05% resulting in an APY of account and an assumed statement cycle of thirty-one (31) days.
0.05%. Rates, rewards, and bonuses, if any, are variable and may
Qualification Information: change after account is opened without notice to you. No
To earn your rewards, the following enrollments must be in place minimum balance is required to earn or receive the account’s
and all transactions and activities must post and settle to your rewards. Rewards less than a penny cannot be distributed. Fees
Kasasa Cash account during each Monthly Qualification Cycle: may reduce earnings. (You will automatically qualify for the
• At least 15 PIN-based / signature-based debit card account’s rewards during your account’s first statement cycle.) If
purchases the account is closed before rewards are credited, you will forfeit
• Be enrolled in and log into online banking the rewards.
• Be enrolled in and have agreed to receive e-statements Additional Information:
rather than paper statements Account approval, conditions, qualifications, limits, timeframes,
• Maintain a valid email address on record with credit union enrollments, log-ons and other requirements apply. Enrollment in
Account transactions and activities may take one or more days to online banking and eStatements are a condition(s) of this account.
post and settle to the account and all must do so during the See accompanying schedule of Consumer Fees and Charges for
Monthly Qualification Cycle in order to qualify for the account’s fees that may apply to this account. Enrollment in electronic
rewards. services (e.g. online banking, e-statements) and log-ons may be
required to meet some of the account’s qualifications. Limit of
The following activities do not count toward earning account
_____ account(s) per member. There are no recurring monthly
rewards: ATM-processed transactions, transfers between
maintenance charges or fees to open or close this account. This
accounts, PIN-based/signature based debit card purchases, debit
account is not to be used for commercial purposes. If the account
card purchases processed by merchants and received by our
is closed, you will forfeit any rewards that have not been credited
credit union as ATM transactions, PIN-based/signature based
to your account. Contact one of our credit union service
transactions, non-retail payment transactions and purchases
representatives for additional information, details, restrictions,
made with debit cards not issued by our credit union.
reward calculations, processing limitations, cycle dates and
Transactions bundled together by merchants and received by our
enrollment instructions. Federally insured by NCUA. Your Savings
institution as a single transaction count as a single transaction for
Insured To $250,000 Per Account, American Share Insurance. By
the purpose of earning account rewards.
members’ choice, this institution is not federally insured, and if the
“Monthly Qualification Cycle” means the current statement cycle. institution fails, the Federal Government does not guarantee that
See our website www.dfcu.net or call 518-825-0323 to speak to depositors will get back their money. Kasasa and Kasasa Cash
one of our branch service representatives for specific Monthly are trademarks of Kasasa, Ltd., registered in the U.S.A.
Qualification Cycle dates. Cycle Date Information:
“Statement Cycle” means the period of time for which our credit The following dates apply to your Kasasa Cash account. Our
union provides a summary of the financial activities and Monthly Qualification Cycle dates are not the same as our
transactions that post and settle to the accountholder’s account. Statement Cycle dates. To qualify for your account’s rewards, all
See our website www.dfcu.net or call 518-825-0323 to speak to of the transactions and activities identified within the above
one of our branch service representatives for specific Statement Qualification Information section must post and settle to your
Cycle dates. Kasasa Cash account with these Monthly Qualification Cycle
Reward Information: dates.
When your Kasasa Cash account qualifications are met during a The following activities do not count toward earning account
Monthly Qualification Cycle, daily balances up to and including rewards: ATM-processed transactions, transfers between
$14,999 in your Kasasa Cash account earn a dividend rate of accounts, debit card purchases processed by merchants and
2.9595% resulting in an APY of 3%; and daily balances over received by our bank as ATM transactions, non-retail payment
$15,000 earn a dividend rate of 0.2497% on the portion of the transactions and purchases made with debit cards not issued by
daily balance over $15,000, resulting in a range from 0.25% to 3% our institution. Transactions bundled together by merchants and
APY depending on the account’s daily balance. received by our institution as a single transaction count as a
You will receive reimbursements up to an aggregate total of single transaction for the purpose of earning account rewards.
$25.00 for nationwide ATM withdrawal fees incurred within your
Kasasa Cash account during that Monthly Qualification Cycle. We
reimburse ATM withdrawal fees based on estimates when the
withdrawal information we receive does not identify the ATM
withdrawal fee. If you have not received an appropriate
reimbursement, we will adjust the reimbursement amount if we
receive the transaction receipt within sixty (60) calendar days of
the withdrawal transaction.
When your Kasasa Cash qualifications are not met, the dividend
rate earned on the account’s entire daily balance will be 0.05%
resulting in an annual percentage yield of 0.05% and ATM
withdrawal fees are not refunded.
Dividends will be credited to your Kasasa Cash account on the
first processing/business day of the following statement cycle.
Nationwide ATM withdrawal fee reimbursements will be credited
to your account on the last day of the current statement cycle.

spending activities including but not limited to grocery, gasoline,
Monthly Qualification Statement
apparel, shopping, dining, sporting and entertainment transactions
Cycle Cycle
are posted and settled.
Month Year Begin End Begin End Commensurate with the spending activities identified above, we
expect the account’s debit card to be used frequently throughout
January 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx each month and for transaction amounts to reflect a wide dollar
range. Small debit card transactions conducted on the same day
February 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx at a single merchant and/or multiple transactions made during a
condensed time period particularly near the end of a Monthly
March 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx Qualification Cycle are not considered normal, day-to-day
spending behavior. These types of transactions appear to be
April 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx conducted with the sole purpose of qualifying for the account’s
rewards and thus will be deemed inappropriate transactions and
May 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx will not count toward earning the account’s rewards.
Dannemora Federal Credit Union reserves the right to determine
June 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx if the account is being maintained for a purpose other than day-to-
day, primary use. Accountholders who persist in making debit
July 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
card transactions in a calculated and limited fashion in order to
meet their monthly qualifications may have their accounts
August 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
converted to a different share draft account or closed altogether.
We also reserve the right to convert the account to a different
September 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
share draft account if the account does not have consistent active
use over 3 consecutive Statement Cycles.
October 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
We have the right to close this account at any time, with proper
November 2019 11/01/2019 11/30/2019 11/01/2019 11/30/2019 notice. Our decision to close the account will not affect your
existing obligations to us including any obligation to pay fees or
December 2019 12/01/2019 12/31/2019 12/01/2019 12/31/2019 charges incurred prior to termination. No deposits will be accepted
and no checks will be paid after the account is closed. If the
account is closed, you will forfeit any rewards that have not been
credited to your account. A Dannemora Federal Credit Union
January 2020 01/01/2020 01/31/2020 01/01/2020 01/31/2020 check for the remaining balance, if applicable, will be mailed to
accountholder at the address indicated on our current records.
February 2020 02/01/2020 02/29/2020 02/01/2020 02/29/2020 Upon termination of your Kasasa Cash Back account, any
optional add-on products / services associated with this account
March 2020 03/01/2020 03/31/2020 03/01/2020 03/31/2020 will also be terminated at the same time.
Minimum to open - You must deposit $10.00 to open this
April 2020 04/01/2020 04/30/2020 04/01/2020 04/30/2020 account.
Qualification Information:
May 2020 05/01/2020 05/31/2020 05/01/2020 05/31/2020
To earn your rewards, the following enrollments must be in place
June 2020 06/01/2020 06/30/2020 06/01/2020 06/30/2020 and all transactions and activities must post and settle to your
Kasasa Cash Back account during each Monthly Qualification
July 2020 07/01/2020 07/31/2020 07/01/2020 07/31/2020 Cycle:
• At least 15 PIN-based / signature-based debit card
August 2020 08/01/2020 08/31/2020 08/01/2020 08/31/2020 purchases
• Be enrolled in and log into online banking
September 2020 09/01/2020 09/30/2020 09/01/2020 09/30/2020 • Be enrolled in and have agreed to receive e-statements
rather than paper statements
October 2020 10/01/2020 10/31/2020 10/01/2020 10/31/2020
• Maintain a valid email address on record with credit union
November 2020 11/01/2020 11/30/2020 11/01/2020 11/30/2020 Account transactions and activities may take one or more days to
post and settle to the account and all must do so during the
December 2020 12/01/2020 12/31/2020 12/01/2020 12/31/2020 Monthly Qualification Cycle in order to qualify for the account’s
rewards.
KASASA CASH BACK ACCOUNT The following activities do not count toward earning account
This disclosure contains the rules that govern your deposit rewards: ATM-processed transactions, transfers between
account as of —————————— . accounts, PIN-based/signature based transactions, non-retail
Account Overview: payment transactions and purchases made with debit cards not
issued by our credit union. Transactions bundled together by
Kasasa Cash Back: A free variable reward checking account with merchants and received by our institution as a single transaction
no minimum balance that rewards accountholders with cash back count as a single transaction for the purpose of earning account
on their PIN-based/signature-based debit card purchases and rewards.
nationwide ATM withdrawal fee refunds when they meet minimum
qualifications during the account’s Monthly Qualification Cycle. “Monthly Qualification Cycle” means the current statement cycle.
See our website www.dfcu.net or call 518-825-0323 to speak to
Purpose and Expected Use of Account
one of our branch service representatives for specific Monthly
This account is intended to be the accountholder’s primary share Qualification Cycle dates.
draft account in which payroll transactions and day-to-day

“Statement Cycle” means the period of time for which our credit The following activities do not count toward earning account
union provides a summary of the financial activities and rewards: ATM-processed transactions, transfers between
transactions that post and settle to the accountholder’s account. accounts, debit card purchases processed by merchants and
See our website www.dfcu.net or call 518-825-0323 to speak to received by our bank as ATM transactions, non-retail payment
one of our branch service representatives for specific Statement transactions and purchases made with debit cards not issued by
Cycle dates. our institution. Transactions bundled together by merchants and
Reward Information: received by our institution as a single transaction count as a
When Kasasa Cash Back qualifications are met during a Monthly single transaction for the purpose of earning account rewards.
Qualification Cycle, you will receive 3.50% cash back on up to a Monthly Qualification Statement
total of $350.00 PIN-based/signature-based debit card purchases Cycle Cycle
that post and settle to the account during that cycle period. A
maximum of $10.50 cash back payments may be earned per Month Year Begin End Begin End
Monthly Qualification Cycle.
You will receive reimbursements up to an aggregate total of January 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
$25.00 for nationwide ATM withdrawal fees incurred within your
Kasasa Cash Back account during that Monthly Qualification February 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
Cycle. We reimburse ATM withdrawal fees based on estimates
when the withdrawal information we receive does not identify the March 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
ATM withdrawal fee. If you have not received an appropriate
reimbursement, we will adjust the reimbursement amount if we April 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
receive the transaction receipt within sixty (60) calendar days of
the withdrawal transaction. May 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
When your Kasasa Cash Back account qualifications are not met,
June 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
no cash back payments are made and ATM withdrawal fees are
not refunded. July 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
Cash back payments and nationwide ATM withdrawal fee
reimbursements will be credited to your Kasasa Cash Back August 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
account on the last day of the current statement cycle.
Rates, rewards, and bonuses, if any, are variable and may September 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
change after account is opened without notice to you. No
minimum balance is required to earn or receive the account’s October 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
rewards. Rewards less than a penny cannot be distributed. (You
will automatically qualify for the account’s rewards during your November 2019 11/01/2019 11/30/2019 11/01/2019 11/30/2019
account’s first statement cycle.) If the account is closed before
rewards are credited, you will forfeit the rewards. December 2019 12/01/2019 12/31/2019 12/01/2019 12/31/2019
Additional Information:
Account approval, conditions, qualifications, limits, timeframes,
enrollments, log-ons and other requirements apply. $10.00 January 2020 01/01/2020 01/31/2020 01/01/2020 01/31/2020
minimum deposit is required to open the account. Monthly
enrollment in online banking and eStatements are condition(s) of February 2020 02/01/2020 02/29/2020 02/01/2020 02/29/2020
this account. See accompanying schedule of Consumer Fees and
Charges for fees that may apply to this account. Enrollment in March 2020 03/01/2020 03/31/2020 03/01/2020 03/31/2020
electronic services (e.g. online banking, e-statements) and log-
ons may be required to meet some of the account’s qualifications. April 2020 04/01/2020 04/30/2020 04/01/2020 04/30/2020
Limit of 1 account(s) per member. There are no recurring monthly
maintenance charges or fees to open or close this account. This May 2020 05/01/2020 05/31/2020 05/01/2020 05/31/2020
account is not to be used for commercial purposes. If the account
is closed, you will forfeit any rewards that have not been credited June 2020 06/01/2020 06/30/2020 06/01/2020 06/30/2020
to your account. Contact one of our credit union service
representatives for additional information, details, restrictions, July 2020 07/01/2020 07/31/2020 07/01/2020 07/31/2020
reward calculations, processing limitations, cycle dates and
enrollment instructions. Federally insured by NCUA. Your Savings August 2020 08/01/2020 08/31/2020 08/01/2020 08/31/2020
Insured To $250,000 Per Account, American Share Insurance. By
members’ choice, this institution is not federally insured, and if the September 2020 09/01/2020 09/30/2020 09/01/2020 09/30/2020
institution fails, the Federal Government does not guarantee that
depositors will get back their money. Kasasa and Kasasa Cash October 2020 10/01/2020 10/31/2020 10/01/2020 10/31/2020
Back are trademarks of Kasasa, Ltd., registered in the U.S.A.
Cycle Date Information: November 2020 11/01/2020 11/30/2020 11/01/2020 11/30/2020
The following dates apply to your Kasasa Cash Back account.
Our Monthly Qualification Cycle dates are not the same as our December 2020 12/01/2020 12/31/2020 12/01/2020 12/31/2020
Statement Cycle dates. To qualify for your account’s rewards, all
of the transactions and activities identified within the above ——————————— SHARE CERTIFICATE
Qualification Information section must post and settle to your Rate Information - The dividend rate on your term share account
Kasasa Cash Back account with these Monthly Qualification is —————% with an annual percentage yield of —————%.
Cycle dates. You will be paid this rate until first maturity.

Compounding frequency - Unless otherwise paid, dividends will term, minimum balance (if any) and other features as the original
be compounded every day. term share account.
Crediting frequency - Dividends will be credited to your account You will have a grace period of three calendar days after maturity
every quarter. to withdraw the funds without being charged an early withdrawal
Dividend period - For this account type, the dividend period is penalty.
quarterly.
——————————— IRA SHARE CERTIFICATE
Minimum balance requirements:
Rate Information - The dividend rate on your term share account
The minimum balance required to open this account is $1,000.00.
is —————% with an annual percentage yield of
You must maintain a minimum daily balance of $1,000.00 in your
account each day to obtain the disclosed annual percentage yield. —————%. You will be paid this rate until first maturity.
Daily balance computation method - Dividends are calculated Compounding frequency - Dividends will be compounded every
by the daily balance method which applies a daily periodic rate to day.
the balance in the account each day. Crediting frequency - Dividends will be credited to your account
Accrual of dividends on noncash deposits - Dividends will every quarter.
begin to accrue on the business day you place noncash items (for Dividend period - For this account type, the dividend period is
example, checks) to your account. quarterly.
Transaction limitations: Minimum balance requirements:
After the account is opened, you may not make additions into the The minimum balance required to open this account is $1,000.00.
account until the maturity date stated on the account. You must maintain a minimum daily balance of $1,000.00 in your
You may make withdrawals of principal from your account before account each day to obtain the disclosed annual percentage yield.
maturity. Principal withdrawn before maturity is included in the Daily balance computation method - Dividends are calculated
amount subject to early withdrawal penalty. by the daily balance method which applies a daily periodic rate to
You can only withdraw dividends credited in the term before the balance in the account each day.
maturity of that term without penalty. You can withdraw dividends Accrual of dividends on noncash deposits - Dividends will
anytime during the term of crediting after they are credited to your begin to accrue on the business day you place noncash items (for
account. example, checks) to your account.
Time requirements - Your account will mature ————————
————————————————————————— . After the account is opened, you may not make additions into the
Callable account - We may redeem this account, at our option, at account until the maturity date stated on the account.
any time. You may make withdrawals of principal from your account before
Early withdrawal penalties (a penalty may be imposed for maturity. Principal withdrawn before maturity is included in the
withdrawals before maturity) - amount subject to early withdrawal penalty.
• If your account has an original maturity of at least six months You cannot withdraw dividends from your account before maturity
but less than one year: except as authorized in the IRA Periodic Payments Plan.
The penalty we may impose will equal 90 days dividends, Time requirements - Your account will mature ————————
whether earned or not.
————————————————————————— .
• If your account has an original maturity of at least one year
Early withdrawal penalties (a penalty may be imposed for
but less than two years:
withdrawals before maturity) -
The penalty we may impose will equal 180 days dividends,
• If your account has an original maturity of one year:
• If your account has an original maturity of two years or more:
• If your account has an original maturity of two years or more:
In certain circumstances such as the death or incompetence of an whether earned or not.
owner of this account, the law permits, or in some cases requires,
the waiver of the early withdrawal penalty. Other exceptions may In certain circumstances such as the death or incompetence of an
also apply, for example, if this is part of an IRA or other tax- owner of this account, the law permits, or in some cases requires,
deferred savings plan. the waiver of the early withdrawal penalty. Other exceptions may
also apply, for example, if this is part of an IRA or other tax-deferred
Withdrawal of dividends prior to maturity - The annual savings plan.
percentage yield is based on an assumption that dividends will
remain in the account until maturity. A withdrawal will reduce Non-automatically renewable account - This account will not
earnings. automatically renew at maturity. If you do not renew the account,
your funds will be placed in a dividend-bearing IRA account.
Automatically renewable account - This account will
COMMON FEATURES
automatically renew at maturity. You may prevent renewal if we
receive written notice from you before maturity of your intention Bylaw requirements:
not to renew, you withdraw the funds in the account at maturity (or You must complete payment of one share in your Regular Share
within the grace period mentioned below, if any) or you call to account as a condition of admission to membership.
notify us prior to maturity of your intention not to renew. Transaction limitation - We reserve the right to at any time
Each renewal term will be the same as the original term, beginning require not less than 60 days notice in writing before each
on the maturity date. The dividend rate will be the same we offer on withdrawal from an interest-bearing account other than a time
new term share accounts on the maturity date which have the same deposit or demand deposit, or from any other savings account as
defined by Regulation D.

Nature of dividends - Dividends are paid from current income
and available earnings, after required transfers to reserves at the
end of a dividend period. (This disclosure further explains the
dividend feature of your non-term share account(s).)
National Credit Union Share Insurance Fund - Member
accounts in this credit union are federally insured by the National
Credit Union Share Insurance Fund.
Please refer to our separate fee schedule for additional
information about charges.
Please see our separate rate sheet for current rates.
NNEMORA
DA
DFCU
DFCU FEDERAL
R
C
ED IO
IT UN
DANNEMORA FEDERAL
CREDIT UNION
P.O. BOX 758 344 TOM MILLER ROAD
DANNEMORA, NY 12929 PLATTSBURGH, NY 12901
PHONE: (518) 492-2536 PHONE: (518) 825-0323
10 ELM STREET 122 NEW YORK ROAD

CHAMPLAIN, NY 12919 PLATTSBURGH, NY 12903
PHONE: (518) 825-0323 PHONE: (518) 563-5667
Your savings federally insured to at least $250,000

and backed by the full faith and credit of the United States Government
NCUA
National Credit Union Administration, a U.S. Government Agency
Rev. 03/20

Terms and Conditions of Your Account

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TABLE OF CONTENTS TERMS AND CONDITIONS

TERMS AND CONDITIONS OF YOUR ACCOUNT......................1 OF YOUR ACCOUNT

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

© 2019 Wolters Kluwer Financial Services, Inc. All rights reserved.

10 ELM STREET 122 NEW YORK ROAD

Your savings federally insured to at least $250,000

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