Checking/MasterMoney
Debit Card Application Account #________________
Social Security # (tax id #)_____________Primary
Owner Name___________________________
Home
Address_____________________City___________________
State______ Zip__________
Date
of Birth____________ Home Phone_______________________
Employed By (include location)____________________________Work
Phone___________________
Social Security # (tax id #)____________Joint Owner
Name_____________________________
Date
of Birth___________ Home Phone______________________ Work Phone_________________
I/we acknowledge
that I/we will receive a copy of the disclosure statements informing me/us of
my/our rights under
the Electronic Funds Transfer Act and Truth-in-Savings Act, as applicable.
I/we agree to abide by the terms and conditions of agreement for a MasterMoney
Debit card as applied for within
this application.
I/we understand Indiana Lakes FCU may terminate this agreement at any time.
Primary Owner_______________________________________Date_________________
Joint Owner_________________________________________Date_________________
I would like to sign up for [_] Direct Deposit [_] Payroll Deduction [_] Please
send information
Please send me a MasterMoney Debit Card. [_]
INCLUDE INITIAL $25.00 DEPOSIT
The Credit Union is hereby authorized to recognize any of the signatures subscribed
below in the payment of funds orthe transaction of any business for this account.
The joint owners of this account hereby agree with each other and with the Credit
Union that all sums now paid in on shares, or heretofore or hereafter paid in
on shares by any or all of said joint owners to their credit as such joint owners
with all accumulations thereon, are and shall be owned by them jointly, with
right of survivorship and be subject to the withdrawal or receipt of any of
them, and payment to any of them or the survivor shall be valid and discharge
the Credit Union from any liability for such payment. The right or authority
of the Credit Union under this agreement shall not be changed or terminated
by said owners, or any of them except by written notice to the Credit Union
which shall not affect transactions theretofore made.
I/We hereby authorize the Indiana Lakes Federal Credit Union (the Credit Union)
to establish this Checking Account
for me/us. The Credit Union is authorized to pay checks signed by me (or by
any of us) and to charge all such
payments against the shares in this Account. It is further agreed that:
(a) Only share draft blanks and other methods approved by the Credit Union may
be used to make withdrawals from this Account.
(b) The Credit Union is under no obligation to pay a check that exceeds the
fully paid and collected share balance in this Account. However, if any of the
undersigned writes a check that would exceed such balance and result in this
Account being overdrawn, the Credit Union may, nevertheless, pay such checks
and transfer shares to this Account in the amount of the resulting overdraft,
plus a service charge, from any other regular share account from which any of
the undersigned is then eligible to withdraw shares.
(c) The Credit Union may pay a check on whatever day it is presented for payment.
notwithstanding the date (or any limitation on the time of payment) appearing
on the check.
(d) When paid, checks become the property of the Credit Union and will not be
returned either with the periodic
statement of this Account or otherwise.
(e) Except for negligence, the Credit Union is not liable for any action it
takes regarding the payment or nonpayment of a check.
(f) Any objection respecting any item shown on a periodic statement of this
Account is waived unless made in writing to the Credit Union before the end
of 60 days after the statement is mailed.
(g) This Account is subject to the Credit Union's right to require advance notice
of withdrawal, as provided in its
bylaws.
(h) This Account is also subject to such other terms, conditions and service
charges as the Credit Union may establish from time to time.
(i) If this agreement is signed by more than one person, the persons signing
below shall be the joint owners of the
Account which, in that event, shall be subject to all terms and conditions printed
on this application.