Disclosures

MEMBERSHIP AND ACCOUNT AGREEMENT

Definition – The words "you" and "your" refer to each and every person who signed the Membership Account Signature Card. The words " FocalPoint" and "Credit Union" refer to FocalPoint Federal Credit Union.

Eligibility – To join FocalPoint Federal Credit Union you must meet the membership requirement of maintaining at least one share as set forth in the Credit Union’s Bylaws. This means you have authorized us to check your account, credit and employment history, and obtain reports from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request.

Agreement – You agree this account will be subject to the terms and conditions set forth on the application, which you have read.

Accounts – If there is more than one owner, all agree with each other and with you that all sums now paid or hereafter paid by any one or all account owner(s), including all dividends therein, if any, are and shall be jointly owned by all account owner(s), regardless of their net contributions, with a right of survivorship and shall be subject to withdrawal or receipt by any of the account owner(s). The owner(s) agree(s) that the credit union may pay out funds or transact any business pertaining to a joint account with the signature of any one of the account owner(s) or the signature of any designated agent(s). Any such payment shall be valid and shall discharge you from any liability.

Further, you may mail all credit union statements and notices – unless otherwise designated in writing to you – to the last known address of the person whose signature appears first on the membership application and this shall constitute notice to all owners.

All joint owners are equally responsible for any debt or loss incurred by you as a result of any mishandling of the account. Collection attempts, should they be necessary, may be made against any account of an owner, or against all the funds in the joint account, regardless of who contributed them.

POD/Trust Accounts – A Payable on Death (POD) account or trust account designation is an instruction to the credit union that a single or multiple party account so designated is payable to the owner(s) during his, her or their lifetimes and, more than on surviving beneficiary/payee are owned jointly by such beneficiaries/payees without rights to survivorship. Any POD or trust beneficiary/payee designation shall not apply to IRA accounts which are governed by a separate beneficiary/payee designation. We are not obligated to notify any beneficiary/payee of the existence of any account or the vesting of the beneficiary/payee’s interest in any account, except as otherwise provided by law.

Uniform Gift to Minors Account – A Uniform Gift to Minors Account is an individual account created by a custodian who deposits funds as an irrevocable gift to a minor. The minor to whom the gift is made is the beneficiary of the custodial property in the account. The custodian has possession and control of the account for the exclusive right and benefit of the minor and barring a court order otherwise, is the only party entitled to make deposits, withdrawals, or close the account. We have no duty to inquire about the use or purpose of any transaction. If the custodial dies, we may suspend the account until we receive instructions from any person authorized in writing by all account owners.

Statements – Unless otherwise designated in writing by you, all statements and notices will mailed to the last known address of person whose signature appears first on the membership application and this shall constitute notice to all owners.

Any objection respecting any items shown on a statement of this account shall be waived unless made on or before the 60th day following the day the statement is mailed, made available or otherwise delivered.

Pledge – You may pledge all or any part of savings as collateral for any loan subject to the current loan policies. Further, a pledge of savings by any one shall be binding. You may not withdraw funds that are pledged as collateral on a loan without the written approval of a loan officer, except to the extent that such fund exceed your total primary and contingent liability. You may not withdraw funds below the amount of your primary or continent liability if you are delinquent as a borrower, or if borrowers for who you are a cosigner, endorser, or guarantor are delinquent, without the written approval of a loan officer.

Right of Offset – If you owe money or cause the credit union a loss, as a borrower, account owner, endorser or otherwise, you understand and agree that the credit union may transfer funds to pay your indebtedness from any account that you have an ownership interest, regardless of the source, unless prohibited by law.

Change of Address – You must notify the Credit Union in writing of any changes in mailing address. All correspondence will be sent to the most recent address on record. Failure to notify the Credit Union of an address change could result in a nominal fee for any returned statement. (see fee schedule)

Stop Payments – You may order us to place a stop payment on your personal share draft verbally. FocalPoint must receive the order in sufficient time to stop payment prior to any action with respect to the item(s). By ordering a stop payment, you agree to hold the Credit Union harmless for all expenses and costs incurred by the Credit Union for refusing payment on the item(s) specified in the stop payment order. A verbal stop payment will remain in effect for 14 days and must be signed in writing. The written stop payment order will stay in force for 6 months, unless not signed. Failure to provide written notification request will result in the removal of the stop payment on the 15th day. You will be charge a nominal fee to your account for this service. Click here to view our Fee Schedule.

Privacy – Information about your account is private. In most instances the Credit Union will not release account information unless requested by an account owner or a legal representative of an account owner. If the Credit Union receives an order for information from a court or an authorized government agency, we will comply by releasing the information.

Changes in Terms – The Credit Union may change these bylaws, rules and regulation and add new bylaws, rules and regulations from time to time. The Credit Union may also change the minimum balance requirements, the service and maintenance fees, and the hours of operation from time to time. If the change is not to your advantage, it will be binding on you and the account 30 days after we provide written notice of change.

Indemnity – If there is conflict between the information stated in any credit union agreement or document (including this one) and something said by one of our employees, the credit union will adhere to the written information.

Interest Reporting – If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service a required percentage of payment of interest, dividends and other payments under certain conditions. Your failure to furnish a correct taxpayer identification number or meet other applicable requirements may result in backup withholding as well as civil or criminal penalties. If you refuse to provide your TIN, the Credit Union may suspend the opening of your account.

UIGEA – The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the ACT) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling.  The Dept of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act.  As defined in Regulation GG, unlawful Internet gambling means to "place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made".  As a member of FocalPoint Credit Union, these restricted transactions are prohibited from being processed through your account or banking relationship with us.  If you do engage in an Internet gambling business and open a new account with us, we will ask that you provide evidence of your legal capacity to do so.

TRUTH IN SAVINGS DISCLOSURE- SAVINGS ACCOUNTS

Accounts described in this Truth-in-Savings Disclosure apply to savings accounts.

• Rate Information – The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For Savings, Holiday Club, Clubs, and Savings IRA, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.
• Balance Information – To open any account, you must deposit or already have on deposit at least the par value of one full share in a Savings Account. The par value amount is $5. Some accounts may have additional minimum opening deposit requirements. The minimum balance requirements applicable to each account are stated in the above chart.
• The Savings and Savings IRA accounts are Tiered Rate accounts. The tiers on the Savings accounts are as follows: $50 to $1,999.99; $2,000 to $4,999.99 and $5,000 and over. The rates applicable for each tier are as stated in the Rate Schedule. The tiers on the Savings IRA accounts are as follows: $1.00 to $4,999.99 and $5,000 and over. Once a particular range is met, the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.
• The Money Market Account is a Tiered Rate account. The tiers established are based on your Average Daily Balance and are as follows: $2,500.00 to $9,999.99; $10,000.00 to $49,999.99; $50,000.00 to $99,999.99 and $100,000.00 and over. The corresponding rates for each tier are stated on the Rate Schedule. Once a particular range is met, the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.
• If the minimum average daily balance is not met, you will not earn the Annual Percentage Yield and the Dividend Rate will revert back to the stated regular savings account rate, as established by the Board of Directors, in effect at that time. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The dividend amount is calculated by applying a daily periodic rate to the balance in the account each day. Dividends on the Money Market will be compounded daily and credited quarterly.
• Dividends are paid from current income and available earnings after the required transfers to reserves at the end of the dividend period. Dividends will begin to accrue on deposits on the business day you make the deposit to your account. Dividends on the Savings, the Savings IRA and the Club Accounts will be compounded daily and credited quarterly. If you close your account before accrued dividends are credited, you will not receive the accrued dividends.
• Account Limitations on Money Market accounts are as follows: No more than six (6) transfers, preauthorized, automatic or telephone transfers may be made from each account to another account or to a third party in any month, and no more than three (3) of these six (6) transfers may be made by check, draft or debit card to a third party. In addition, there is a minimum withdrawal amount of $250 from the Money Market Account. If you exceed these limitations, your account may be subject to a fee or be closed. For Holiday Club accounts, the entire balance will be transferred to another account of yours on or after October 1st and the account will remain open.

If you have any questions or require current rate and fee information on your accounts, please call the credit union at (315) 463-8333 or check online.

TRUTH IN SAVINGS- SHARE CERTIFICATES

Rate Information – The dividend rates and annual percentage yields stated are fixed rates. You will be paid this rate until maturity. Annual percentage yield assumes dividends post to and remain in certificate account. Fees and/or withdrawal of dividends will reduce the earnings on the account.

Compounding and Crediting – Dividends on the Term Share Certificate will be compounded and credited quarterly and may be withdrawn on the anniversary date of the certificate.

Balance Computation Method – Dividends are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day.

Accrual of Dividends – Dividends will begin to accrue on the business day you deposit non-cash items (e.g., checks) to your account.

Fees and Charges – No fees and charges apply exclusively to this account. Refer to our Schedule of Fees and Charges for a comprehensive listing.

Transaction Limitations – After the account is opened, you may not make deposits or withdrawals until the stated maturity date. On the Little Star Savers and the TGFI certificates, you may make additional deposits of $50 or more.

Early Withdrawal Penalties – We may impose a penalty if you withdraw funds or close the account before the stated maturity date. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.

The penalty for the 6 month and 1 year certificate: 3 months dividends and forfeiture of any accrued, unpaid interest. The penalty for the 2, 3 and 5 year certificate: 18 months dividends and forfeiture of any accrued unpaid interest. These penalties apply regardless of the length of time the funds have been on deposit at the Credit Union. The penalty will be taken from the principal balance of your Term Share Certificate.

The penalties will not be imposed if the withdrawal is subsequent to the death of any owner of the account or the withdrawal is a result of the voluntary or involuntary liquidation of the Credit Union. We may waive or reduce this penalty in certain circumstances, such as disability or incompetence of a sole owner.

If this certificate is part of a qualified Traditional IRA, Roth IRA, or Education IRA the early withdrawal penalty does not apply if the withdrawal is made following the owners attainment of not less than 59 ½ years of age or if the withdrawal is made for health/disability emergency, first time home purchase, or higher education expenses. If this certificate is part of a qualified Education IRA, the early withdrawal penalty does not apply if the withdrawals equal the child’s qualified higher education expenses (provided the account has been in existence for 5 years). Otherwise, any withdrawal of earnings from the account is taxable and a 10% penalty may apply.

Renewal Policies - Your certificate account will automatically renew at maturity unless you instruct us not to renew it prior to the maturity date. If you do not choose automatic renewal, we will transfer the certificate's principal and dividends to any share-type account you designate, or to your Regular Share account if you have not so designated. You will have a grace period of 10 business days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. No dividend will be paid should you elect to close your account within the 10 days.

Right of Offset – If you owe us money or cause a loss to the Credit Union, as a borrower, account owner, endorser, or otherwise, the Credit union may transfer funds to pay your indebtedness from any account that you have an ownership interest, regardless of the source, unless prohibited by law.

By-Law Requirements – You must complete and maintain payment of one share ($5) in your Regular Share account as a prerequisite to membership in the credit union.

Nature of Dividends – Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.

National Credit Union Share Insurance Fund – Member accounts are federally insured by the National Credit Union Share Insurance Fund.

ELECTRONIC FUNDS TRANSFER AGREEMENT AND DISCLOSURE

This Electronic Funds Transfer Agreement and Disclosure is the contract, which covers your and our rights and responsibilities concerning the electronic funds transfer ("EFT") services offered to you by FocalPoint Federal Credit Union (credit union). In this agreement, the words "you" and yours" mean those who sign the application or account card as applicants, joint owners, or any authorized users. The words "we", "us", and "our" mean the credit union. The word "account" means any one or more share and checking accounts you have with the credit union.

Electronic funds transfers are electronically initiated transfers of money from your account through the electronic funds transfer services described below. By signing an application or account card for EFT services, signing your card, or using any service, each of you, jointly and severally, agree to the terms and conditions in this agreement and any amendments for the EFT services offered.

ATM Cards – If approved, you may use your card and personal identification number (PIN) in automated teller machines of the credit union, SHARNET! and such other machines or facilities as the credit union may designate. At the present time, you may use your card to Withdraw funds from your share and checking accounts and obtain balance information from your share and checking accounts.

The following limitations on the frequency and amount of ATM transactions may apply:

There is no limit on the number of cash withdrawals you may make in any one day.

You may withdraw up to a maximum of $500 in any one day, if there are sufficient funds in your account.

DEBIT Cards – You may use your card to purchase goods and services from participating merchants. However, you may not use your card to initiate any type of gambling transaction. If you wish to pay for goods or services over the Internet, you may be required to provide card number security information before you will be permitted to complete the transaction. You agree that you will not use your card for any transaction that is illegal under applicable federal, state, or local law. Funds to cover your card purchases will be deducted from your checking account. If the balance in your account is not sufficient to pay the transaction amount, the credit union will pay the amount and treat the transaction as a request to transfer funds from other deposit accounts, approved overdraft protection accounts or loan accounts that you have established with the credit union. If you initiate a transaction that overdraws your account, you agree to make immediate payment of any overdrafts together with any service charges to the credit union. In the event of repeated overdrafts the credit union may terminate all services under this agreement. You may use your card and personal identification number (PIN) in automated teller machines of the credit union, Sharenet! Allpoint, and such other machines or facilities as the credit union may designate. At the present time, you may also use your card to withdraw funds from your share and checking accounts, obtain balance information for your share and checking accounts, make point-of-sale (POS) transactions with your card and PIN personal identification number to purchase goods or services at merchants that accept Visa and you may order foods or services by mail or telephone from places that accept Visa.

The following limitations on the frequency and amount of debit card transactions may apply: There is no limit on the number of debit card purchases you make per day. Purchase amounts are limited to the amount in your account. There is no limit to the number of cash withdrawals you may make in any one day from an ATM machine business location and your withdrawal and purchase amount limits are based on your credit worthiness.

FastTrak – If we approved FastTrak for your accounts, a separate personal identification number (PIN) will be assigned to you. You must use your personal identification number along with your account number to access your accounts. At the present time you may use FastTrak for: Withdraw funds from your share, checking and club account; Transfer funds from your share, checking and club account; Obtain balance information for your share, checking, club, certificate and loan accounts; Make loan payments from your share, checking and club account; Access your Line of Credit account, Determine if a particular item has cleared; Verify the last date and amount of your deposit; cross member transfers and check rates.

Your accounts can be accessed under FastTrak via a touchtone telephone only. FastTrak service will be available for your convenience twenty-four hours per day. This service may be interrupted for a short time each day for data processing.

There is no limit to the number of inquiries, transfers, or withdrawal requests you may make in any one day.

The credit union reserves the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of records. The credit union may set other limits on the amount of any transaction, and you will be notified of those limits. The credit union may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue if no transaction is entered after numerous unsuccessful attempts to enter a transaction, and there may be limits on the duration of each telephone call.

Preauthorized EFTs

• Direct Deposit – Upon instruction of your employer or the Treasury Department or other financial institutions, the credit union will accept direct deposits of your paycheck or of federal recurring payments, such as Social Security, to your share or checking account.
• Preauthorized Debits – Upon instruction, we will pay certain recurring transactions from your share, and checking account.
• Stop Payment Rights – If you have arranged in advance to make regular electronic fund transfers out of your account(s) for money you owe others, you may stop payment of preauthorized transfers from you account. You must notify us orally or in writing at any time up to three business days before the scheduled date of the transfer. We may require written confirmation of the stop payment order to be made within fourteen days of any oral notification. If we do not receive the written confirmation, the oral stop payment order shall cease to be binding fourteen days after it has been made.
• Notice of Varying Amounts – If these regular payments may vary in amount, the person you are going to pay is required to tell you, ten days before each payment, when it will be made and how much it will be. You may choose to get this notice only when the payment would differ by more than a certain amount from the previous payment or when the amount would fall outside certain limits that you set.

Liability for Failure to Stop Payment of Preauthorized Transfers – If you order us to stop payment of a preauthorized transfer three business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

Electronic Check or Draft Conversion/Electronic Returned Check or Draft Fees – If you pay for purchases or bills with a check or draft you may authorize your check or draft to be converted to an electronic transfer. You may also authorize merchant services or other payees to electronically debit your account for returned check or draft fees. You are considered to have authorized these electronic funds transfers if you complete the transaction after being told (orally or by a notice posted or sent to you) that the transfer may be processed electronically or if you sign a written authorization.

Online Banking – Online Banking will be available for your convenience twenty-four hours per day. This service may be interrupted for a short time each day for data processing. We reserve the right to refuse any transaction, which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. We may set other limits on the amount of any transaction, and you will be notified of those limits. We may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will be discontinued if no transaction is entered after numerous unsuccessful attempts to enter a transaction, and there may be limits on the duration of each access. There is no limit to the number of inquiries, transfers, or withdrawal requests you may make in any one day.

Online Bill Payment – We will process bill payment transfer requests only to those creditors the credit union has designated in the User Instructions and such creditors as you authorize and for whom the credit union has the proper vendor code number. We will not process any bill payment transfer if the required transaction information is incomplete.

We will withdraw the designated funds from your checking account for bill payment transfer by the designated cut-off time on the date you schedule for payment. We will process your bill payment transfer within a designated number of days before the date you are scheduled for payment. You must allow sufficient time for vendors to process your payment after they receive a transfer from us. Please allow enough time to transmit the payment similar to sending your payment by mail.

We cannot guarantee the time that any payment will be credited to your account by the vendor.

There is no limit on the number of bill payments per day.

Conditions of EFT Services.

Ownership of Cards – Any card or other device which we supply to you is our property and must be returned to us, or to any person whom we authorize to act as our agent, or to any person who is authorized to honor the card, immediately according to instructions. The card may be repossessed at any time at our sole discretion without demand or notice. You cannot transfer your card or account to another person.

Honoring the card – Neither we nor merchants authorized to honor the card will be responsible for the failure or refusal to honor the card or any other device we supply to you. If a merchant agrees to give you a refund or adjustment, you agree to accept a credit to your account in lieu of a cash refund.

Foreign Transactions – Visa Purchases and cash withdrawals made in foreign currencies will be debited from your account in US dollars. The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from a range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date, in each instance plus an additional 1%. The exchange rate used on the processing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date.

Security of Access Code - You may use one or more access codes with your electronic funds transfers. The access codes issued to you are for your security purposes. Any codes issued to you are confidential and should not be disclosed to third parties or recorded on or with the card. You are responsible for safe keeping your access codes. You agree not to disclose or otherwise make your access codes available to anyone not authorized to sign on your accounts. If you authorize anyone to use your access codes that authority shall continue until you specifically revoke such authority by notifying the credit union. You understand that any joint owner you authorize to use an access code may withdraw or transfer funds from any of your accounts. If you fail to maintain the security of these access codes and the credit union suffers a loss, we may terminate your EFT services immediately.

Joint Accounts - If any of your accounts accessed under this agreement are joint accounts, all joint owners, including any authorized users, shall be bound by this agreement and, alone and together, shall be responsible for all EFT transactions to or from any share and checking or loan accounts as provided in this agreement. Each joint account owner, without the consent of any other account owner, may, and hereby is authorized by every other joint account owner to, make any transaction permitted under this agreement. Each joint account owner is authorized to act for the other account owners, and the credit union may accept orders and instructions regarding and EFT transaction on any account from any joint account owner.

Fees and Charges – There are certain fees and charges for EFT services. From time to time, the charges may be changed. We will notify you as required by applicable law. If you use an ATM not operated by us, you may be charged a fee by the ATM operator and by any national, regional, or local network used in processing the transaction (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer). The ATM surcharge will be debited from your account if you elect to complete the transaction or continue with the balance inquiry.

Member Liability – You are responsible for all EFT transactions you authorize. If you permit someone else to use an EFT service, you card or your access code, you are responsible for any transactions they authorize or conduct on any of your accounts.

Tell us immediately if you believe your card has been lost or stolen or if you believe someone has used your card or access code or otherwise accessed your accounts without your authority or if you believe that an electronic fund transfer has been made without your permission using information from your check or draft. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If a transaction was made with your card or card number without your permission, and was either a Visa or Interlink transaction, you will have no liability for the transaction, unless you were grossly negligent in the handling of your account or card. For all other EFT transactions, including ATM transactions or if you were grossly negligent in the handling of your account or card, your liability for an unauthorized transaction is determined as follows.

If you tell us within two business days you can lose no more than $50 if someone used your card without your permission. If you do not tell us within two business days after you learn of the loss or theft of your card, and we can prove we could have stopped someone from using your card without your permission if you had told us, you could lose as much as $500.

Courtesy Pay Privilege Program

FocalPoint Federal Credit (FocalPoint) is not obligated to pay an item presented for payment if your account does not contain fully-paid and collected sufficient funds, or if there is no available line of credit established in the credit agreement. However, if you meet the criteria listed below, FocalPoint may approve your reasonable overdrafts as a non-contracted courtesy. You will be eligible if all the following are true:

1. FocalPoint has received an authorization form signed by all account holders
2. You are in good standing (defined as someone who has not caused the credit union a loss)
3. Your account has been open at least 90 days
4. There are no legal or administrative orders or levies on the account
5. The account is not for a business or organization
6. You do not have any delinquent loan(s) with the Credit Union
7. You are not a party in a bankruptcy proceeding
8. There is no apparent improper activity on your account
9. You are at least 18 years of age

Accounts are subject to a Courtesy Pay limit of $500, which is approved by the Board of Directors. If you maintain the account in good standing and have need for this "courtesy", we may, at our sole discretion, pay overdrafts up to the established Courtesy Pay limit, including our normal Courtesy Pay fee(s) as set forth in the FocalPoint Fee Schedule. Whether we pay or return an item, your account will be assessed a fee, either a Courtesy Pay fee or a Non-Sufficient Funds fee, but you will not be charged both fees. The amount of any overdraft, plus our Courtesy Pay fees, shall be due and payable within thirty days of the account becoming overdrawn. You are obligated to reimburse FocalPoint and required to deposit sufficient funds to cover the overdrawn check or ACH debit paid by FocalPoint and the Courtesy Pay fees, whether through direct deposit, transfer of funds, or regular deposit. If the account is not brought to a zero or positive balance within forty-five (45) days, the account will be closed, referred to Collections, and reported to Chex Systems.

Overdrafts above and beyond your established Courtesy Pay limit will result in a check/ACH debit being returned to the payee. FocalPoint may refuse to pay an overdraft for you at any time, even though we have previously paid overdrafts for you and even though this Courtesy Pay program exists. FocalPoint has no obligation to notify you before we pay or return any item. If there is an overdraft paid by FocalPoint on an account with more than one owner on the signature card, each owner and agent, if applicable, shall be jointly and severally liable for such overdrafts plus any Courtesy Pay fees. FocalPoint Courtesy Pay will not be available to you at the ATM, for debit point of sale transactions, the audio response system and home banking. It is the policy of FocalPoint to comply with applicable laws and regulations, and to conduct business in accordance with applicable safety and soundness standards. The FocalPoint Courtesy Pay service does not constitute an actual or implied agreement between you and the Credit Union. Nor, does it constitute an actual or implied obligation of, or by, the Credit Union. This represents a purely discretionary courtesy or privilege that the Credit Union may provide from time to time, and which may be withdrawn or withheld by us at any time, without prior notice, reason or cause. FocalPoint always may refuse to pay any overdraft for you at any time.

Limitations: Courtesy Pay is only available to eligible personal checking account holders. Business accounts, savings accounts, minor accounts and other non-personal accounts are not eligible for this service. FocalPoint may limit the number of accounts eligible for Courtesy Pay to one per household.

Loan Terms - All new auto loan terms are limited to members that opt for an automatic payment option.  Members must also hold a new or existing checking account at FocalPoint Federal Credit Union.  Over-the-Counter payment options or members that do not hold a new or existing checking account at FocalPoint are subject to different rates, terms, and conditions.