Response Needed by 4/30/10 Complete Enclosed Form

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1 Response Needed by 4/30/10 Complete Enclosed Form TALK TO US ABOUT YOUR PLUS4 DEBIT CARD OVERDRAFT COVERAGE We must receive a response regarding your options for Plus4 Debit Card Overdraft Coverage. If we do not hear from you, this may effect the way your debit card currently works. For question, visit or call a Plus4 representative at today!

2 9998 Almeda Genoa Rd. Houston, TX (713) (800) What You Need to Know about Overdrafts and Overdrawn Fees If you have not previously elected to participate in or out of the overdraft protection program, please use this form to indicate your preference. If you have indicated your election, please disregard this document. An overdraft occurs when you do not have enough money in your checking account to cover a transaction, but we pay it anyway. We conveniently cover your overdrafts in two different ways: 1. We have standard overdraft practices that come with your checking account. 2. We also offer overdraft protection plans, such as a link to a savings account, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans. This notice explains our standard overdraft practices. What are the standard overdraft practices that come with my account? We do authorize and pay overdrafts for the following types of transactions with overdraft protection: Checks and other transactions made using your checking account number Automatic bill payments, preauthorized ACH Debits and ACH Debit Card transactions ATM We do not authorize and pay overdrafts for the following types of transactions without overdraft protection: Non ACH Debit Card transactions Checks We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined. What fees will I be charged if Plus4 pays my overdraft? Under our standard overdraft practices: We will charge you a fee of up to $35 each time we pay an overdraft. There is no limit on the total fees we can charge you for overdrawing your account. What if I want Plus4 to authorize and pay overdrafts on my ATM and everyday debit card transactions? If you want to authorize and pay overdrafts on ATM and everyday debit card transactions, call , visit or complete the form below and present it at any branch or mail it to 9998 Almeda Genoa Rd. Houston, TX You may also fax the form to You have the right to revoke this authorization at any time by using these same methods. Please select one of the following options: I do not want Plus4 Credit Union to authorize and pay overdrafts on my ATM and everyday debit card transactions. I want Plus4 Credit Union to authorize and pay overdrafts on my ATM and everyday debit card transactions. If you have authorized Plus4 Credit Union to pay overdrafts, please select all that apply: Standard Overdraft Practices Overdraft Protection Shares Overdraft Protection Loan (pending approval) Printed Name: Date: Account No. Signature: This credit union is federally insured by the National Credit Union Administration.

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5 Change In Terms to our Funds Availability Policy The move to a single paper check-processing region means there will no longer be non-local checks as that term is used in Regulation CC. Specifically, financial institutions with delayed funds availability policies can no longer delay the availability of a non-local check for 5 days. The longest standard delay that can be used will be the 2-day availability period that is currently allowed for local checks. Additionally, institutions with immediate, same day, or next day funds availability policies typically provide for the ability to hold checks on either a case-by-case basis or by using a special exception hold. An exception hold may be issued on the funds you deposit by check, generally not to exceed 7 days, if the following conditions exist: We believe a check you deposit will not be paid You redeposit a check that has been returned unpaid You have overdrawn your account repeatedly in the last six months. There is an emergency, such as failure of computer for communications equipment Almeda Genoa Rd. Houston, TX (713) Toll-Free (800) This credit union is federally insured by the National Credit Union Administration