6. Limitations on dollar amounts and frequencies of AGREEMENT & DISCLOSURE STATEMENT transactions: The following limitations apply to the use of the card. VISA DEBIT/ATM CARD In this Agreement and Disclosure Statement, the words “you” and “your” You may make withdrawals up to the amount in your share draft mean each and all of those who agree to be bound by this “agreement”; account, but not to exceed $500 per day at ATMs, $1500 POS daily “card” means the SUNY Geneseo Federal Credit Union debit card and any transactions, and a limit of 11 daily transactions. The card that works like a check- only better! duplicates, renewals, or substitutions the Credit Union issues to you, 7. Charges for transactions from the Credit Union: There are Use your VISA Debit/ATM card for purchases and “account” means the account designated on the application for your debit cash withdrawals anywhere the VISA logo is no annual fees. Monthly, members receive two free ATM withdrawals card; “Credit Union” means the Credit Union whose name appears on the on our surcharge free machines. Any ATM transactions thereafter will agreement or anyone whom the Credit Union transfers the agreement, and displayed! be charged a $1.00 Credit Union fee. All transactions processed On “transaction” means the use of the account number on the card, Personal . ATM machines other than those specified by the Credit Union will be Identification Number (PIN), or signature when required, to perform a subject to a machine charge. The Credit Union reserves the right to transaction with the card. Leave the checkbook at home and start shopping the close a Debit/ATM card without notice on accounts with three or more hassle-free way, using our VISA Debit/ATM card. Pay 1. Issuance of card: You have requested the Credit Union issue you a insufficient funds transactions. There is a $25.00 fee to reissue the for purchases directly from your Checking account. card that can be used to funds in your Checking account. The card. There are a maximum of 11 transactions daily and a maximum Credit Union will issue you a PIN number that must be used with the card daily spending limit of $1500.00 Point of Sale and $500.00 ATM. You can even use your VISA Debit/ATM card to for transactions that require use of a PIN. Do not reveal your PIN number Debit/ATM cards must be activated and used within 60 days after it is withdraw cash at any ATM machine displaying the to anyone else or write it down where it is available to others. issued to prevent a surcharge fee of 425.00. The Credit Union reserves

VISA logo. the right to deny any Checking/Debit/ATM card request. Failure to 2. Responsibility for transactions: You are responsible for all respond to communication attempts from VISA or the Credit Union transactions you make with the card or that you authorize another regarding possible fraud will result in termination of the card. A fee of Surcharge free machines include: Genesee Valley person to make with the card. If the account a joint account, all $25.00 will be charged to reissue/reinstate the card.

FCU, Five Star , ESL, Summit, Evergreen, St. transactions involving the account are binding on all account holders. Section 11 below tells about your responsibility for unauthorized 8. Right to receive documentation of transaction: You will Pius, Tonawanda Valley FCU, and Teachers Union receive a receipt at the time that you make any transfer to or from your transactions. (NYC area). account using an ATM or point of sale terminal. A monthly statement 3. Use of the card, you may use the card and PIN to: is sent showing the transactions made.

A) Withdraw cash from your account at ATMs, 9. Business days: The business days of the Credit Union are : merchants or financial institutions that accept Monday thru Friday, 9:00 am to 4:30 pm except holidays. SUNY Geneseo Federal Credit Union ATMs are VISA cards. You may use the card without the located at Letchworth Dining Hall and Milne PIN to: 10. Disclosure of account information to third parties: The B) Purchase goods or services at places that accept Credit Union will disclose information to third parties about your Library! VISA cards (these are Point Of Sales or POS account or the transactions you make: transactions), or goods or services by mail, online, or telephone from places that accept A) When it is necessary for completing transactions; or VISA cards. B) In order to verify the existence and condition of your C) Make automatic payments from your account to account for a third party such as a credit bureau or For more information, please call 585-245-5700 or stop pay bills or other charges, providing that the merchant; or person or organization that you are paying C) In order to comply with government agencies or court by the Credit Union today! agrees to accept payments this way. orders; or D) You may not use the card for any illegal or D) If you give us your written permission unlawful transactions, and we may decline to 11. Liability for unauthorized transactions: Notify the Credit authorize any transaction that we believe poses an undue risk of illegality or unlawfulness. Union at once if you believe your card has been lost or stolen. You are responsible for a minimum of $50.00 in fraudulent transactions. You may process the transaction as a Debit or Credit. A debit (for online Telephoning is the best way of keeping your possible loses down. Replacement debit cards will be charged a $25.00 fee usage) requires a PIN number. A credit (for POS purchases) requires a Also, if your statement shows transfers that you did not make, notify for each card replaced and a $10.00 fee for each signature. Use of the card, the account number on the card, the PIN or the Credit Union within 60 days of notification of your statement any combination of the three for payment, purchases, or to combination of availability, you may not get back any money you lost after the 60 days reminder. the three for payment, purchases, or to obtain cash from merchants, if the Credit Union can prove that it could have stopped someone from financial institutions or others who honor VISA cards is in order by you taking money if you had notified in time. If a good reason ( such as Rush replacement of cards and PINs will be charged an for the withdrawal of the amount of the transaction from your account. hospital stay) kept you from notifying the Credit Union, the time Each transaction with the card will be charged to your account on the date periods may be extended. additional $30.00. the transaction is posted to your account. Future changes to the account may affect card use. 12. How to notify the Credit Union in the event of an Debit cards that are not activated or used within 60 unauthorized transaction: If you believe the card or PIN has been 4. Replacement cards: The member shall pay a $25.00 replacement lost or stolen or that someone has transferred or may transfer money days will be closed and closed debit cards that are card fee for each card replaced. Members shall pay $10.00 for PIN from your account without your permission, call (585) 245-5700 during reopened will be subject to a $25.00 fee. reminders. The Credit Union reserves the right to cancel or refuse to business hours, or contact VISA 24/7 at 1-800-453-5073. reissue a card due to lack of use or abuse. Member is responsible for all fees associated with Lost/Stolen/Reopening Debit cards (fees vary). 13. Authorized transaction : you must notify the Credit Excess ATM withdrawals, more than 2 monthly, will Union within 60 days of the transaction posting to the account. You may not get any money back after the 60 days. be charged a fee of $1.00 per transaction. 5. Overdrafts: You agree to reimburse the Credit Union immediately upon demand for any negative (overdraft) balance arising in your account. 14. Statements and notices: If you have set up in advance to have Early closure of a Savings and/or Checking account The Credit Union may deduct the amount of any overdraft on your regular payments made from your account, you can stop any of these account from any other account you have with the Credit Union. There is within 6 months of opening will result in a debit of payments. Contact the merchant to request a stop payment. If that is a service charge fee of $25.00 for each overdraft that will be automatically unsuccessful, contact the Credit Union. We must receive written $25.00 each. deducted from your account. request to place a stop payment. Stop payments are in effect for 6 months.

Debit Card Agreement & Disclosure Statement Continued… Debit Card Agreement & Disclosure Statement Continued…

15. Liability for failure to stop payment of preauthorized 23. Change in terms: The Credit union may change this agreement transfers: If you order the Credit Union to stop one of these payments from time to time, by giving notice. If any change results in greater cost 3 business days or more before the transfer is scheduled, and we do not or liability to you or decreased access to your account, you will be given at do so, we may be liable for your losses or damages. least twenty-one (21) days prior notice of the change.

16. Notice of varying accounts: If the preauthorized payments may 24. Termination of account: The Credit Union reserves the right to vary in amount, the person you are going to pay will tell you 10 days cancel your card at any time. You also may cancel your card at any time. before each payment when it will be made, and how much it will be. The Credit Union reserves the right to hold your funds for 10 business You may choose instead, to get this notice only when the payment would days. The card remains the property of the Credit Union. If either you or differ by more than a certain amount from the previous payment, or the Credit Union cancels your card, you agree to return the card to the when the amount would fall outside certain limits that you have set. Credit Union or destroy it upon the Credit Unions request.

17. Refusal to honor card: The Credit Union is not liable for the 25. No waiver: The Credit Union can delay enforcing any of its rights VISA Debit/ATM under this agreement and the law any number of times. refusal or liability of any electronic terminal to honor the card or complete a withdrawal from your account, or for their retention of the 26. Statements and notices: Statements and notices will be sent to you Card card. The Credit Union is also not responsible for the refusal of any at the most recent address you have given the Credit Union. Notices sent merchant or financial institution to honor the card or for their retention to any one of you will be considered notice sent to all. of the card.

18. Liability for failure to make transfers: If the Credit Union 27. General: To the extent permitted by law, you agree to pay does not complete a transfer to or from your account on time or in the reasonable costs, including attorney’s fees in the event the Credit Union correct amount according to the Credit Unions agreement with you, the sues you to enforce this agreement. This agreement is binding upon your Credit Union may be liable for your loses or damages. However, there heirs, personal representatives and successors, and if more than one, are some exceptions. The Credit Union will NOT be liable, for instance: jointly and severally. 1 College Circle A) If, through no fault of the Credit Union, you do not 28. Signatures: By signing in the signature area of the application form MacVittie College Union 111 have enough money in your account to make the you received, you agree to the terms of this agreement. You should retain transfer; this agreement for your records. P.O. Box 114 B) If the where you are making the transfer does not have enough cash; Geneseo, New York 14454 Billing Rights Notice: In case of errors or questions about your card, C) If the terminal or system was not working properly; telephone us at (585) 245-5700, or write us at SUNY Geneseo Federal D) If circumstances beyond our control (such as fire or Credit Union, 1 College Circle, MacVittie College Union 111, PO Box flood) prevent the transfer, despite reasonable 114, Geneseo, NY 14454 immediately if you think your statement or precautions that we have taken; receipt is incorrect, or if you need more information about a transaction Contact: Barbara Dillon, CEO E) If your account is subject to legal process other than listed on the statement or receipt. We must hear from you no later than 60 claim; days after we sent the FIRST statement on which the problem or error F) If you use a damaged or expired access device or an appeared. access device that has been reported lost or stolen;

G) If the Credit Union believes that something is wrong, E) Tell us your name and account number. for example, that your card has been stolen; F) Describe the error or the transaction you are unsure about, H) For preauthorized transfers, if through no fault of the Office: 585-245-5700 and explain as clearly as you can why you believe it is in Credit Union, the payment information for a error, or why you need more information. Fax: 585-245-5701 preauthorized transfer is not received. G) Tell us the dollar amount of the suspected error. If you tell us Email: [email protected] 19. Rules of account: All transactions covered by this agreement are orally, we require that you send us your complaint or question also subject to all rules and agreements that govern the account(s) being in writing within ten (10) business days. debited or credited in connection with a transaction, except as modified by this agreement.

20. Foreign transaction: Transactions that are initiated in foreign We will tell you the results of our investigation within ten (10) business Web address: countries and foreign currencies will be charged to your account in U.S. days (20 business days for POS transactions, or if the transaction is dollars. The conversion rate to dollars will be at: initiated outside the United States) after we hear from you, we will www.geneseo.edu/sgfcu A) The wholesale market rate, or; investigate and correct any error promptly. If we need more time, B) The government mandated rate, whichever is however, we may take up to forty-five (45) days (90 days POS applicable, in effect one (1) day prior to the transactions, or if the transaction is initiated outside of the United States) processing date, increased by one percent (1%) to investigate your complaint or question. If we decide to do this, we will 21. Effect of agreement: Even though the sales, cash advances, or re-credit your account within ten (10) business days (20 business days for other slips that you sign or receive when using the or the POS transactions, or if the transaction was initiated outside of the United Hours: Monday-Friday account number on the card may contain different terms, this agreement States) for the amount you believe is in error, so that you will have use of the money during the time it takes us to complete our investigation. If we 9:00am-4:30pm is the sole agreement that applies to all transactions involving the card. ask you to put your complaint or question in writing and we do not receive 22. Additional benefits/card enhancements: The credit Union it within ten (10) business days, we may not re-credit your account. may from time to time offer additional services to your account. Some may be at no additional cost to you and other may involve a specified If we decide that there was no error, we will send you a written fee. You understand that the Credit Union is not obligated to offer such explanation within three (3) business days after we finish our services and may withdraw or change them at any time. investigation. You may ask for copies of the documents that we used in our investigation. 7/15/2014