6. Limitations on dollar amounts and frequencies of DEBIT CARD 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 access 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 Bank, 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 authorize any transaction that we believe poses 11. Liability for unauthorized transactions: Notify the Credit 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 pin 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 dispute: 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.