Dear Prospective SFFCU Member,

Transcription

1 Dear Prospective SFFCU Member, We received a request (via mail, phone, event, or online) for your membership to Shamrock Foods Federal Credit Union. Enclosed are the forms for membership. Please fill out the forms paying special attention to the highlighted/shaded areas on the front and back of the forms. Please do not leave any blanks. Our primary account is the Share Account or Savings. In order to establish yourself as a member you must deposit and maintain a minimum balance of $ We will also need a legible copy of a VALID government issued ID (please ENLARGE the copy of your ID so it can be seen clearly). This ID must reflect your current address. If you are unable to provide the proper identification with current residence, please send two (2) additional proofs of residence. We will accept utility bills, pay check stubs or any other form that shows your name and current address. We have also included a Direct Deposit Authorization card (for your full Check amount to be deposited), or use the Payroll Deduction card (for any amount other than your full Check). Use one or the other, but not both. Also included is a PEP Loan application for your convenience, but your Share account must be opened before we can process the PEP loan. A $35.00 application fee for the PEP loan is due at the time the application is submitted. If you are applying for a checking account, please use the form Checking Account Options and choose which account you would like. If you are ordering checks please be sure to fill out the form as you would like your name to appear on your checks. Styles and costs vary, but we ask that you make at least an opening deposit of $35. This should cover the cost of the checks and possibly have money left over depending on your choice. To view check styles go to: located under the tab Order Personal Checks Online and choose your check style. After completion of the forms you may return them via US Postal Service, Inter-Office thru Shamrock Foods Company, , or fax at: Be sure to include your deposit of at least $25.00 via check, money order, or call us to do a cash advance on your current VISA Debit/Credit card, and copy a of your government issued ID. The opening deposit of $25.00 must be received before we can open the account, or proceed with any other services. If you have any questions about the forms or what to fill out, please feel free to call us at Shamrock Foods Company X76429, or dial (602) , or toll free at ext 76429, or visit our Website at: Thank you for your interest in Shamrock Foods Federal Credit Union, we are excited about serving you in the near future! Sincerely, The SFFCU Team of Elizabeth, Gail, Joseph and Shelly Shamrock Foods Federal Credit Union 2926 W Encanto Blvd Phoenix AZ 85009

2

3

4 Overdraft Advance Disclosure Letter Dear Member, At Shamrock Foods Federal Credit Union, we are always looking to find new and better ways to serve you, our member. We would like to offer you a special program called Overdraft Advance for members ages 18 years and older with a personal share draft account open for at least 180 days. Overdraft Advance provides a cushion that will permit you to overdraw your account up to $ By paying your overdraft in this way, you will eliminate the extra expense and potential embarrassment of having a share draft returned. Overdraft Advance is a non-contractual agreement that requires no action on your part for the standard service. Beginning July 1 st 2010, there will be an additional Overdraft Advance opt-in service where ATM and one-time debit card transactions may be covered by Overdraft Advance. Your current overdraft protection arrangements will remain in place exactly as they are now. Overdraft Advance services will only be activated if there are insufficient funds available from your other accounts. This coverage will be extended to you as long as your account remains in good standing. Most transactions (such as checks, on-line bill pay payments, etc.) that overdraw your personal share draft account will be covered up to $ We will apply an insufficient funds fee of $30.00 for each transaction that we honor and will notify you each time your Overdraft Advance service is activated. Once your Overdraft Advance service has been activated, it is your responsibility to correct any balance deficiency as quickly as possible. Shamrock Foods Federal Credit Union expects you to make a deposit covering your overdraft and fees within 30 days. After that time, our normal collection process begins. You are a valued member of Shamrock Foods Federal Credit Union and we hope that you find Overdraft Advance beneficial. At Shamrock Foods Federal Credit Union, we believe Overdraft Advance is one more way we can let you know how much we appreciate your membership. If you do not wish to have this service, complete and sign the Option to Waive on the reverse side of this letter and return to us A.S.A.P. Not all members will be eligible for Overdraft Advance. Please read the disclosure printed on the back of this letter for detailed information on this service and the eligibility restrictions. If you have any questions after reading this disclosure, please feel free to call us at , or x and one of our Member Service Representatives will be able to assist you. Sincerely, Shamrock Foods Federal Credit Union Shelly D. Parrish CEO/Manager

5 Shamrock Foods Federal Credit Union Overdraft Advance Disclosure Effective: December 7, 2009 Shamrock Foods Federal Credit Union s Overdraft Advance is a service offered to our members on their personal share draft account. Shamrock Foods Federal Credit Union may honor overdrafts of individual share draft accounts subject to certain conditions and limitations as set forth in this disclosure. Shamrock Foods Federal Credit Union may subtract an overdraft fee up to $30.00 for each overdraft honored upon presentment. All members that are 18 years of age and older are eligible for Overdraft Advance as long as their account remains in good standing. Good standing is defined as making regular deposits and bringing their account to a positive balance at least once every 30 days; not being more than 10 days past due on a loan with Shamrock Foods Federal Credit Union; not having caused a loss to Shamrock Foods Federal Credit Union and not subject to any legal or administrative order or levy. Accounts must be in good standing to be eligible for the Overdraft Advance program. All existing share draft accounts and/or account that have been opened for a minimum of 180 days may automatically be eligible for the Overdraft Advance program. Members are subject to a maximum overdraft limit, including overdraft fees, of $ Primary and/or joint owners may request and/or remove their account(s) from the Overdraft Advance program at any time. Primary and all other owners shall be jointly and completely responsible for the overdraft including the overdraft fee. Overdraft Advance is a non-contractual agreement between Shamrock Foods Federal Credit Union and its members. Shamrock Foods Federal Credit Union has the right to discontinue the program or withdraw any share draft account from the program based on poor performance of the account, or failure to cover the overdrafts. Shamrock Foods Federal Credit Union also has the right to limit participation to one account per household. Shamrock Foods Federal Credit Union has the option to either honor the overdraft or return the item for insufficient funds even though we may have previously paid overdrafts for the member. There is no interest charged on any overdraft or unpaid overdraft charge. There will be no late charges or other fees other than the overdraft charge. Shamrock Foods Federal Credit Union will notify the member by mail of any overdraft paid or returned; however we have no obligation to notify you before we pay or return an item. The following transactions may be covered under Overdraft Advance without the opt-in: Checks and other debits cashed at a teller s window ACH debits and withdrawals Service or check charges Pre-authorized internal debits Checks issued to a third party Overdraft items will be posted in accordance with Shamrock Foods Federal Credit Union s existing share draft procedures. Members who currently have overdraft transfer protection from savings or overdraft loans will continue to have access to those services prior to accessing Overdraft Advance. It is Shamrock Foods Federal Credit Union s policy to provide members with every opportunity for repayment. The Overdraft Advance opt-in option allows Shamrock Foods Federal Credit Union to authorize ATM and one time debit card transactions when enough funds are not available. Option to Waive All Overdraft Advance Services: Fax, bring or send this form to your nearest branch. I do not wish to have Overdraft Advance services extended to me. By signing this form, I understand that Shamrock Foods Federal Credit Union will not cover overdrafts to my share draft account through the Overdraft Advance service and that any item(s) presented against insufficient funds will be returned unpaid with applicable NON-SUFFICIENT FUNDS fees assessed. Additionally, I understand that if I wish to have Overdraft Advance services extended to me in the future, I must meet the eligibility requirements at that time. Signature: Name: Date: Member Number: Overdraft Advance Opt-In option for ATM and one-time debit card transactions Fax, bring or send this form to your nearest branch. I wish to have Overdraft Advance services extended to me on ATM and one-time debit card transactions. By signing this form, I understand that Shamrock Foods Federal Credit Union will authorize these transactions to my share draft account through the Overdraft Advance service. Additionally, I understand that I may receive up to a $30.00 fee per item. If I wish to have any Overdraft Advance services discontinued in the future, I may do so at any time. Signature: Name: Date: Member Number: Address (for opt-in confirmation response only):

6 Share Draft Authorization to Transfer Funds Member Name: Account Number: Joint Member: Joint Member: Please read below check the appropriate line in the event that I (we) draw share drafts or use my debit card in excess of funds available in my (our) share draft account, please handle as follows: Withdraw from share draft account only, return item if insufficient funds available. Transfer funds from my Master Shares or savings only to cover NSF items. (I understand there may be a $2.00 fee for each automatic transfer) Transfer from other Share account(s) as follows: Acct# Acct# Acct# Use the above checked method to cover overdrafts from the following accounts in addition to my account Acct# Acct# Acct# Online Cross Account Transfer between 2 Accts. Member needs to fill out authorization form. *Advance me a loan to clear draft(s) (Line of Credit Available) (I understand there may be a $2.00 fee for each automatic transfer) *Transfer Master Shares first, then utilize my Line of Credit *Advance Line of Credit first, and only transfer from my Master Shares when loan limit has been reached *For existing Lines of Credit ONLY as new Lines of Credit are no longer available. I hereby authorize Shamrock Foods Federal Credit Union to charge my account for any fees that may occur as a result of any of the above transactions. Member Signature Joint Member Signature Date Date DELUXE CHECKING ACCOUNT Shamrock Foods Federal Credit Union Visa Debit Card Check Order Name All Acct #s: Last 4 SS# Date of Birth: / / Address: City-State-Zip Phone- Home: Work: Cell: I hereby apply for a Shamrock Foods Federal Credit Union ATM or DEBIT card. I have been provided with a copy of Shamrock Foods Federal Credit Union Disclosure Statement and Agreement and agree to its terms. Member Signature Date CU USE ONLY Card Orders/Changes: Input to Fiserv - Update Galaxy- Add Card Galaxy- New Card NO fee Completed by: Date:

7 New Member Account References Member Name: Account Number: Please fill COMPLETELY out. List two References NOT living with you Name: Relationship to Member: Address: Apt #: City: State, and Zip: Phone Number: Name: Relationship to Member: Address: Apt #: City: State, and Zip: Phone Number: Revised

8 PAYROLL DEDUCTION DIRECT DEPOSIT AUTHORIZATION ***SHAMROCK FOODS COMPANY PAYROLL DEDUCTION AUTHORIZATION*** Member: Last 4 of SSN: Home/Cell Phone: Work Phone: Division: Initial Authorization Pre-Note Change in Authorization - From $ I hereby authorize my employer to deduct from my salary the amounts set forth in this Authorization and to deposit these funds at the Credit Union for each payroll period following receipt of this Authorization until further notice from me. I understand that this Authorization is revocable. If this is a change in a previous Authorization, I instruct my employer to cancel my previous Authorization and to follow this Authorization. If I fail to cancel this Authorization upon filing for bankruptcy, my employer and the Credit Union are directed to make and apply deductions in accordance with this Authorization. I grant the Credit Union a power of attorney to increase or decrease the amount of my deduction upon my written or verbal request. This power of attorney only applies to a loan or credit extension for which the payment may vary. I authorize my employer to honor any payment change made under this power of attorney. Deposit Amount: Net Check Must fill out Direct Deposit Authorization Agreement also. OR $ Payroll Period: Monthly 6 th Only Monthly 6 th & 21 st Credit Union R/T No: Bi-Weekly Semi-Monthly 5th & 20th Deposit to: Savings Account No: Checking Account No: X Signature Date ****************** CREDIT UNION DIRECT DEPOSIT AUTHORIZATION ******************* By signing above, I authorize the Credit Union to apply my payroll deduction for each pay period as follows: SFX AMT ACCT SFX AMT Share/Savings # $ # # $ Share/Savings # $ # # $ Money Market # $ IRA# # $ Share Drft/Checking # $ # # $ Loans # $ # # $ Loans # $ # # $ Other # $ # # $ Other # $ # # $ Other # $ # # $ Total $ $ *CREDIT UNION USE ONLY * Teller #: P/R Start Date: Distribution change only-do NOT submit to Payroll

9