Parthenon Federal Credit Union Regulation D
Members are allowed a maximum of 6 electronic transfers and withdrawals a month from their share account to another account of yours or to a third party by means of a preauthorized, automatic or Internet transfer by telephonic order or instructions, or by check, draft, debit card or similar order. If you exceed these limitation, your account will be subject to a fee of $10.00 for each excess transfer.
Parthenon FCU Member Liability
YOU MUST CHECK YOUR ACCOUNT BALANCE EVERY MONTH.
You are responsible for all transactions you authorize using your EFT services under this agreement. If you permit someone else to use an EFT service your card or your access code, you are responsible
for any transaction they authorize.
Tell us at once
if you believe your card or access code has been lost or stolen. If you believe that an electronic fund transfer has been made without your permission using information from your check. If a transaction was made with your card or card number without your permission and was a Visa transaction, you will have no liability for the transaction, unless you were grossly negligent
in the handling of your card or access code. If a transaction was made without your permission and was not a Visa transaction or if you are grossly negligent in the handling of your card or access code, your liability for an authorized transaction is determined as follows.
If you tell us with (2) business days, you can lose no more than $50.00 if someone used your card or access code without your permission. If you DO NOT tell us
within two (2) business days after you learn of the loss or theft of your card or access code and we can prove we could have stopped someone, you could lose as much as $500.00.
Also, if your statement shows transfers that you did not make including those made by card, access code, or other means, TELL US AT ONCE
. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money
lost after the 60 days if we can prove that we could have stopped someone from making the transfers if you had told us in time.