Visa Mastermoney Disclosure 3

ADDRESS AND TELEPHONE NUMBERS

In case of errors or questions about your electronic transfers, call us at 440-233-4878 or write us at Edco Federal Credit Union, 1165 North Ridge Road E., Lorain, Ohio 44055 as soon as possible, if you think your statement or receipt is wrong or if you believe that your card has been lost or stolen. We will need the following information:

Your name and account number.

Clear description of the error or the transfer you are unsure about, including date of transaction.

The dollar amount of the transaction.

If you tell us the information orally, we may require you to send us your complaint or question in written form from within ten (10) business days.

We will inform you the results of our investigation within ten (10) business days for point of sale transactions after we hear from you and we will correct any error promptly. If we need more time, however, we may take up to forty-five(45) days to investigate your complaint or question (ninety (90) days for point of sale transactions). If we decide to do this, we will recredit your account within ten (10) business days, twenty (20 business days for point of sale transactions) for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within ten (10) business days, we may not recredit your account.

If we decide that there was no error, we will send you a written explanation within three (3) business days after we finish our investigation. You have the right to request copies of the documents that we used in our investigation.

PLEASE NOTE: Edco Federal Credit Union reserves the right to make changes to the terms for these services and amend this disclosure from time to time. You will receive 30 calendar days written notice of any change that adversely affects you, unless an immediate change is necessary to protect the security of your account(s) on our system.

FUNDS AVAILABILITY

It is the policy of Edco to make your funds from your deposits available to you on the first business day after the day we receive your deposit. Electronic direct deposit (such as payroll or Social Security payments) will be available on the day that we receive the deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you may have written. Even after we have made the funds available to you and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit.

Deposits that are made at Edco on a business day after 4:30 p.m. will be considered as a next business day deposit. If you make a deposit at an ATM location before 3:00 p.m., Monday through Friday, not including holidays, that deposit will be considered the day of your deposit. However, if you make a deposit at an ATM location after 3:00 p.m. or on a day that Edco is closed, we will consider that deposit as a next business day deposit.

In some cases we may not make all of the funds that you deposit by check available to you on the first business day after the day of your deposit. If this is the case, we will notify you at the time that you make your deposit and we will tell you when the funds will be available. If your deposit is not made directly to an Edco employee, or if we decide that the funds will be delayed after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you believe that you will need the funds immediately, you should ask when the funds will be available. Your funds you deposit by check may be delayed for a longer period under the following circumstances:

Your account is less than 30 days old.

A check is deposited for an unusually large amount: ($5,000.00 or more).

The check is drawn on an institution out of state.

We believe a check you will deposit will not be paid.

You redeposit a check that has been returned unpaid.

You have overdrawn your account repeatedly in the last six (6) months.

The check that is being deposited is more than six (6) months after the date on the check.

There is an emergency, such as failure of communication or computer equipment.

LIEN ON EDCO ACCOUNTS

Edco has a lien on all funds in your accounts, regardless of the source of the funds unless prohibited by law. This lien secures loans, fees and charges, overdrafts or any amount that you might owe Edco. If Edco does not choose to enforce its lien, we do not waive our right to enforce this lien at a later time.