Uneasy about getting started? Not to worry. SageLink Credit Union has trained employees to help you every step of the way.

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Uneasy about getting started? Not to worry. SageLink Credit Union has trained employees to help you every step of the way."

Transcription

1 Checking If you re like most young adults, you spend a lot of time thinking about money. How to get money? What to spend your money on? Where to keep your money in between? A MoneyLink Checking account is a perfect fit for you. A checking account is a transactional account that gives you flexibility in how and when you access your money. What?!? That was a mouthful. Here it is in plain English. A MoneyLink Checking account is a place where you can park your money and use it when you need to, without the risk of carrying cash. MoneyLink Checking accounts can be accessed by: Writing a check; Using SageLink s Online Bill Pay Service; Initiating an Electronic (ACH) Transaction; Using an ATM or Debit Card; or Coming into the Credit Union. MoneyLink Checking accounts also teach you important skills about money management that you will need as you gain more and more adult responsibilities. Ever wonder where that $20 in your wallet went? With a MoneyLink checking account you ll be able to find out. All of your deposits and purchases can be easily tracked through (online banking), Mobile Banking, and Telephone Teller (automated phone system). Uneasy about getting started? Not to worry. SageLink Credit Union has trained employees to help you every step of the way. Let s start with some important checking account terminology: Check - A paper instrument used to make purchases and pay bills from your checking account. ACH - An electronic transaction into or out of your account. ATM - Automated Teller Machine is a machine that is used to get access to cash by using an ATM card or Debit card. POS - Point of Sale transactions are transactions done at a store using your ATM card or Debit card and your personalized PIN number. Debit - A transaction done at a store using your Debit card and your personalized PIN number. Debit card transactions are deducted from your account immediately. Credit - A purchase done at a store using your Debit card as a Credit Card anywhere that MasterCard is accepted. Credit transactions require a signature. These transactions do not get deducted from your balance immediately. Instead an authorized hold is placed on the money in your account until the purchase is settled by the store. Page 1

2 Authorization Hold - A money hold on your account created by Credit purchases. This will create a difference between your balance and available balance. - FREE online banking system used to monitor your account and initiate transactions between credit union accounts. Telephone Teller - FREE automated telephone system used to monitor your account and initiate transactions between your balance and available balance. Mobile Banking - FREE mobile banking system used to monitor your account and initiate transactions between credit union accounts. Direct Deposit - An electronic deposit of your payroll check. NSF - Insufficient funds. This is what happens when you write a check and there is not enough money in your account. Okay, now that we have that out of the way, let s review how a checking account works. Remember, a checking account is a place to park your money until you decide to spend it. This is where you will put the money you want or need to spend. When you want to save money, which you should do, you should put it into a savings account. When you decide to spend the money in your checking account you: Write a check; Use SageLink s Online Bill Pay Service; Initiate an Electronic (ACH) Transaction; Use an ATM or Debit Card; or Come into the Credit Union. Writing a Check Checks can be ordered through the credit union or through other vendors. Checks typically come in boxes of 150 checks that will be broken into 6 books of 25 checks. Every box of checks will come with a checkbook register. You will record all your purchases and deposits in the checkbook register. Checks can be written to anyone or to anyplace where checks are excepted, although that is getting more and more rare. These days if a store accepts checks, they either check your name through a check verification system such as Telecheck or ChexSystems, or they will convert your check into an electronic check transaction. See below for information about completing a check. After the check has been written and presented to a person or store than the payee (the person you wrote the check to) has to cash it. When a check is cashed that means that it is presented to a financial institution (bank, credit union or other retail banking institution) for payment. It may take several days for the check to clear (the money is deducted from your account and the check is paid to the financial institution where it was presented) your account. That means you must monitor your account and keep accurate records of your purchases and deposits to ensure good money management. Poor money management can result in returned checks (NSF) and additional fees from the credit union and the person or store to whom you wrote the check. See your list of fees and charges for any fees that may be associated with your account. Page 2

3 Write the recipients name on the line that says "Pay to the Order of." If it's to an individual, include both their first and last names. If the check is going to an organization, write out its full name Write in the Date Joe Sample 1234 Main St Anytown, MI Sally Smith May 29, One dollar and 99/100s Write the amount of the check in word form on the line under the "Pay to the Order of" line, but with cents expressed as a fraction of 100. For security reasons, it's good practice to include the word "only" after you write the amount and to draw a line to fill up the rest of the space. Continuing our example from above, you can write: "One Dollar And 99/ ". Sign the check on the line in the bottom right corner. Your check will be invalid if it is not personally signed. Routing and Transit Number Your account number Write the amount of the check in the box to the right of the "Pay to the Order of" line. For example, if you want to write a check for the amount of one dollar and ninety-nine cents, write $1.99. Record and track your transactions using one of the following: Paper Check Book Register Computer spread sheet Check book App on your phone or mobile device. Page 3

4 Electronic (ACH) Transaction An ACH can be initiated by giving your routing number and account number to a store. The store will request the money from your account electronically and the money will be taken right away. A detail of the transaction can be viewed in your account history on Home, Mobile Banking or Telephone Teller. Just like a check, the ACH transaction will be rejected if the money is not available in your account and you be charged fees. ATM and Debit Cards ATM and Debit cards are the two types of cards offered at the credit union to allow you instant access to your account 24/7. Why have two types of cards? Great question. Debit cards can do everything an ATM can do, plus it can be used anywhere MasterCard is accepted. Debit cards offer more flexibility and even more access to your account. How do ATM and Debit Cards work? ATM and Debit card can be used in several different ways: 1. ATM - You can use your ATM or Debit at an ATM machine to: 1. Take out cash; 2. Deposit cash or checks; 3. Make balance inquiries; and 4. Transfer money between credit union accounts. 2. POS or Debit - You can use your ATM or Debit card at many retail locations by swiping your card at the machine and entering your PIN number. The money from a POS/Debit transaction is deducted from your account immediately. The transaction will be denied if you do not have enough money available. 3. Credit - Credit purchases can only be done using your Debit card and can be done anywhere MasterCard is accepted. You cannot get cash back on a credit transaction and unlike a POS/Debit you must sign your name on the receipt instead of entering your PIN number. It s important to note that even though it looks like a credit card and has a MasterCard logo, the money for the purchase is taken from your account immediately in the form of an authorization hold. When the money is on hold, it will not be available for you to spend. When the store sends their credit card transactions the money is taken from your account. This can take up to 3 business days. It is very important to write down your purchases and cash withdrawals. Failure to write down transactions could result in additional fees and embarrassment when your card transactions are declined. Pay special attention to balance and available balance in your account. Remember: Available balance means you can spend it. But, if you ve written a check you better make sure it has been deducted from your account balance by looking in the transaction history of your account. The credit union doesn t know when you ve written a check until it has been presented for payment so any outstanding (un-cashed) checks will not be deducted from your available balance. To assist you with balancing your checkbook you can: Page 4

5 Use the checkbook register that comes with your box of checks; Get a checkbook register from the credit union when you open your account; Use a spreadsheet program on your computer or tablet; or Download a checkbook app on your mobile device. Overdraft Protection SageLink Credit Union offers you an extra layer of protection against NSF fees. If you have money saved in your savings account, we can set it up to automatically move the money from your savings account to your checking account when you do not have enough money available to pay your check or approve your ATM or Debit card transaction. There is small fee for this service. See the list of fees and charges for fees associated with your checking account. Checking Account Safety Checking accounts are a great alternative to carrying cash; however, you must still protect your account information just like you would protect the cash in your wallet. Follow these precautions to safeguard your money: Never give your account information to someone on the phone unless you initiated the call and are confident of who you are talking to; Only use your Debit card or pay by check feature online when visiting secure websites. One way to tell if the site is secure is that URL will be https instead of http. Be cautious when setting up recurring payments. It is often difficult to stop these companies from taking money out of your account once you have given them the information. Never allow someone else to use your Debit or ATM card; Never give your PIN number to anyone; Your card will come with a PIN number which can be changed to something that is easier to remember. When choosing the PIN number: Make it something you can easily remember; Don t write it down and if you do don t leave it with the card; Don t choose an obvious PIN like your birthday. If you can t find your card contact the credit union right away to get your card blocked so that no one else can use it. Monitor your account activity on Mobile Banking and Telephone Teller. Compare your transactions in your checkbook register to the transactions listed on one of these convenient services. Notify the credit union right away of any transactions that are unfamiliar. Checking account overload or checking account expert? Take this quick financial literacy quiz to test your checking account knowledge. (quiz link) Upon completion of this test print the results, grab $5 bucks and bring that and two pieces of identification to your closest credit union branch to open your MoneyLink Checking account today! Remember: our trained Member Service staff is available to assist you every step of the way. Page 5

6 Online bill pay is simply a better way to pay. Why do so many people choose online bill pay? Because they know it means more freedom, control, savings and security. Now it s easy to pay a friend, take care of a utility bill, and keep track of every payment. Convenience and control in just a few clicks Online bill pay makes it easy to control your payments and manage your account. Schedule single or recurring payments in just a few steps, and you ll never worry about missing a bill or late fees Track your payments history at a glance and follow all past, present and future scheduled transactions Receive helpful e-notifications that let you know when payments are due or a bill has been paid Use the convenient online bill pay messaging center to keep tabs on account activity or inquire about your online payments Save time and money every single month. You ll start saving right away with online bill pay. Save money on stamps and trips to the post office because payments are online Save money on checks by submitting your payments electronically Save time by setting up payees to organize the people and places you pay each month Pay all your bills anywhere, anytime Safety and security with every transaction. Online bill pay delivers peace of mind to you. Protect against check fraud with electronic payments instead of unsecured mail Guard against identity theft from lost or stolen checkbooks, bills and statements Increase your privacy because only you can access your account information, account numbers and payment history Maintain tighter control of your account with real time access to your payments activity Sign up for online bill pay in 3 easy steps 1. Login to your Online Banking at 2. Use the bill payment link to access the enrollment form. 3. Complete the enrollment form and you re all set. Page 6

Banking Basics 101. How to Manage Your Finances and Still Have Money Left Over For Pizza. Course objectives learn about:

Banking Basics 101. How to Manage Your Finances and Still Have Money Left Over For Pizza. Course objectives learn about: Banking Basics 101 Course objectives learn about: Using a checking account Various types of payment vehicles Benefits of a savings account How to Manage Your Finances and Still Have Money Left Over For

More information

Share Draft/Checking Account Basics

Share Draft/Checking Account Basics Goals Share Draft/Checking Account Basics By the end of this session, students will be able to explain and understand: How and why checks are used What factors to compare when shopping for an account How

More information

CHECKING BASICS101. 701.255.0042 www.capcu.org

CHECKING BASICS101. 701.255.0042 www.capcu.org CHECKING BASICS101 701.255.0042 www.capcu.org This book is intended as a general guide to the topics discussed, and it does not deliver accounting, personal finance, or legal advice. It is not intended,

More information

How to manage manage your your checking checking account. account.

How to manage manage your your checking checking account. account. How How to manage to manage your your checking checking account. account. Introduction Welcome to Desert Schools Federal Credit Union. Congratulations on your first checking account! It s the perfect time

More information

Personal Banking 101 Interested in learning about how to manage your money? Personal Banking 101 will help you understand the financial fundamentals.

Personal Banking 101 Interested in learning about how to manage your money? Personal Banking 101 will help you understand the financial fundamentals. Personal Banking 101 Interested in learning about how to manage your money? Personal Banking 101 will help you understand the financial fundamentals. Checking Account If you need a safe place to keep your

More information

Anytime Adviser Checking Account Coach

Anytime Adviser Checking Account Coach Anytime Adviser Checking Account Coach Welcome. This interactive guide coaches you in managing your checking account. You may move from chapter to chapter by selecting headings from the left. Click on

More information

PAYROLL CARD FREQUENTLY ASKED QUESTIONS

PAYROLL CARD FREQUENTLY ASKED QUESTIONS The following document provides answers to frequently asked questions regarding the Umpqua Bank Payroll Card. Contact Customer Care at 800-650-7141 with questions. Card Basics Q. How does the Payroll Card

More information

Choosing and Using a Checking Account

Choosing and Using a Checking Account LESSON 8 Choosing and Using a Checking Account LESSON DESCRIPTION AND BACKGROUND The students learn the fundamentals of maintaining a checking account. They examine electronic banking methods, the writing

More information

TABLE OF CONTENTS. Introduction 3. General Guidelines for Successful Account Management 3. Managing Your Checking Account. 1.

TABLE OF CONTENTS. Introduction 3. General Guidelines for Successful Account Management 3. Managing Your Checking Account. 1. TABLE OF CONTENTS Introduction 3 General Guidelines for Successful Account Management 3 Managing Your Checking Account 1. Check Register 2. Planning 3. Recording Your Transactions 4. Balancing Your Account

More information

TABLE OF CONTENTS. Introduction 3. General Guidelines for Successful Account Management 3. Managing Your Checking Account. 1.

TABLE OF CONTENTS. Introduction 3. General Guidelines for Successful Account Management 3. Managing Your Checking Account. 1. TABLE OF CONTENTS Introduction 3 General Guidelines for Successful Account Management 3 Managing Your Checking Account 1. Check Register 2. Planning 3. Recording Your Transactions 4. Balancing Your Account

More information

Using my PAYCHEK PLUS!

Using my PAYCHEK PLUS! Using my PAYCHEK PLUS! Saving Money Pay day 300 Cost 7.50 2.5% of check 1.75* per visit * Or, get my entire paycheck cashed free by using my first free transaction per pay period to purchase a US Post

More information

Checking 101. Property of Penn State Federal Credit Union

Checking 101. Property of Penn State Federal Credit Union Checking 101 Checking 101 Checking Account Basics A check is a written order that represents cash Credit Union checking accounts are also called SHARE DRAFT accounts A share draft is equivalent to a check,

More information

Checking 101. Checking Out Checking Accounts

Checking 101. Checking Out Checking Accounts Checking 101 Checking Out Checking Accounts Checking Account Basics A check is a written order that represents cash Credit Union checking accounts are also called SHARE DRAFT accounts A share draft is

More information

Standard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4.

Standard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4. STUDENT MODULE 4.1 MANAGING A BANK ACCOUNT PAGE 1 Standard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4. Tracking Your Money Alexis stops

More information

Independent Bank 230 W Main St Ionia, MI 48846 800.300.3193 www.independentbank.com ELECTRONIC FUND TRANSFER AGREEMENT AND DISCLOSURE

Independent Bank 230 W Main St Ionia, MI 48846 800.300.3193 www.independentbank.com ELECTRONIC FUND TRANSFER AGREEMENT AND DISCLOSURE 230 W Main St Ionia, MI 48846 800.300.3193 www.independentbank.com ELECTRONIC FUND TRANSFER AGREEMENT AND DISCLOSURE For purposes of this disclosure and agreement the terms "we", "us" and "our" refer to

More information

Savings and Bank Accounts

Savings and Bank Accounts LESSON 2 Savings Savings and Bank Accounts Quick Write Suppose a relative gives you a generous gift of $1,000 for your sixteenth birthday. Your parent or guardian says that you can spend $50 on things

More information

WELCOME Follow this easy checklist to start your account off right!

WELCOME Follow this easy checklist to start your account off right! WELCOME Follow this easy checklist to start your account off right! Enroll in online banking services Enroll in Online Banking at (click on Enroll on the top red bar and enter your information) - Required

More information

Standard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4.

Standard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4. TEACHER GUIDE 4.1 MANAGING A BANK ACCOUNT PAGE 1 Standard 4: The student will demonstrate the ability to balance a checkbook and reconcile financial accounts. Standard 4. Tracking Your Money Priority Academic

More information

Checking Account & Debit Card Simulation and Student Worksheet. Understanding Checking Accounts and Debit Card Transactions

Checking Account & Debit Card Simulation and Student Worksheet. Understanding Checking Accounts and Debit Card Transactions Checking Account & Debit Card Simulation and Student Worksheet Understanding Checking Accounts and Debit Card Transactions What is a Checking Account? Common financial service used by many consumers Funds

More information

What is a Checking Account? Checking Account & Debit Card Simulation. What is a Check? Bouncing a Check. Other Checking Components

What is a Checking Account? Checking Account & Debit Card Simulation. What is a Check? Bouncing a Check. Other Checking Components Checking Account & Debit Card Simulation Understanding Checking Accounts and Debit Card Transactions What is a Checking Account? Common financial service used by many consumers Funds are easily accessed

More information

Prairie State Bank & Trust ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES

Prairie State Bank & Trust ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES Prairie State Bank & Trust ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES The Electronic Fund Transfers Prairie State Bank & Trust (referred to as Bank, we, our, or us ) is capable of handling

More information

Checking Accounts. Open, Manage, and Reconcile

Checking Accounts. Open, Manage, and Reconcile Checking Accounts Open, Manage, and Reconcile 1. What is a checking account? A checking account is opened at a bank or other financial institution. Banks offer several different types of checking accounts.

More information

Checking Account & Debit Card Simulation. Understanding Checking Accounts and Debit Card Transactions

Checking Account & Debit Card Simulation. Understanding Checking Accounts and Debit Card Transactions Checking Account & Debit Card Simulation Understanding Checking Accounts and Debit Card Transactions What is a Checking Account? Common financial service used by many consumers Funds are easily accessed

More information

Basic Banking. 2) Money that a bank allows you to borrow and pay back with interest

Basic Banking. 2) Money that a bank allows you to borrow and pay back with interest Basic Banking When choosing a bank, you should look for a bank that offers the type of accounts and services you are looking for. You might look for convenience of branch locations, great customer service,

More information

Need to pay the babysitter? Popmoney! Pay your friend for concert tickets? Popmoney! Pay your rent? Popmoney!

Need to pay the babysitter? Popmoney! Pay your friend for concert tickets? Popmoney! Pay your rent? Popmoney! Popmoney Popmoney is an innovative personal payment service that allows you to send and receive electronic payments, eliminating the hassles of checks and cash. Now, sending and receiving money is as easy

More information

BENEFITS GUIDE. BMO Prepaid Travel. MasterCard. Your travel payment card

BENEFITS GUIDE. BMO Prepaid Travel. MasterCard. Your travel payment card BENEFITS GUIDE BMO Prepaid Travel * MasterCard Your travel payment card WELCOME! GET READY TO USE YOUR CARD WITH COMPLETE PEACE OF MIND. You ve just received your new BMO Prepaid Travel MasterCard the

More information

PRACTICAL MONEY GUIDES DEBIT CARD BASICS. What you need to know about using your debit card

PRACTICAL MONEY GUIDES DEBIT CARD BASICS. What you need to know about using your debit card PRACTICAL MONEY GUIDES DEBIT CARD BASICS What you need to know about using your debit card MONEY IN THE BANK If credit cards mean pay later, debit cards mean pay now. These cards are issued by your bank,

More information

Getting and Keeping A Checking Account

Getting and Keeping A Checking Account Getting and Keeping A Checking Account You've decided to get a checking account. That's a good idea. Your money will be safe and you'll have a record of what you've paid for. You'll know how much you have

More information

Banking Guide for International Students usbank.com/northwestern

Banking Guide for International Students usbank.com/northwestern Banking Guide for International Students usbank.com/northwestern Member FDIC Opening a U.S. Bank Checking Account Q. What form of identification will I need to open a U.S. Bank checking account? A. International

More information

I don t know my Employee Identification Number. How do I get it? Contact LAUSD Personnel, Human Resources, or your Supervisor.

I don t know my Employee Identification Number. How do I get it? Contact LAUSD Personnel, Human Resources, or your Supervisor. FAQ What is California Credit Union s Pay Card? CCU s Pay Card is a Visa -branded reusable debit card created exclusively for LAUSD employees. The employee has access to their pay 24 hours a day, 7 days

More information

Checking Account. Money Smarts for Kids. Money Skills for Life. Member FDIC. Welcome! What Is a Checking Account? Why Is a Checking Account So Great?

Checking Account. Money Smarts for Kids. Money Skills for Life. Member FDIC. Welcome! What Is a Checking Account? Why Is a Checking Account So Great? Checking Account Welcome! Welcome to Young Americans Bank, the only bank in the world designed specifically for young people! Mr. Bill Daniels started Young Americans Bank in 1987 because he thought it

More information

E-SERVICES. Chicago Municipal Employees Credit Union

E-SERVICES. Chicago Municipal Employees Credit Union E-SERVICES Chicago Municipal Employees Credit Union CME@Home Chicago Municipal Employees Credit Union offers 24/7/365 access to your account information from your personal computer. Our online banking

More information

ELECTRONIC NOTICES DISCLOSURE AND CONSENT. Please read this document before accessing Online Banking Services.

ELECTRONIC NOTICES DISCLOSURE AND CONSENT. Please read this document before accessing Online Banking Services. ELECTRONIC NOTICES DISCLOSURE AND CONSENT Please read this document before accessing Online Banking Services. YOU UNDERSTAND AND INTEND THAT YOUR CLICKING ON THE I AGREE BUTTON BELOW SHALL OPERATE AS AN

More information

Learn about. How to deposit money. How to make withdrawals and write checks. How to keep track of your money

Learn about. How to deposit money. How to make withdrawals and write checks. How to keep track of your money Cumberland Security Bank s Checking School Learn about How to deposit money How to make withdrawals and write checks How to keep track of your money Depositing Money You can deposit cash and/or checks

More information

EZ-SWITCH. Introducing an EASIER way for you to switch banks!

EZ-SWITCH. Introducing an EASIER way for you to switch banks! EZ-SWITCH Introducing an EASIER way for you to switch banks! Inside this guide, you will find the tools necessary to: Close your existing account and transfer any remaining funds Change your automatic

More information

1.4. Will my Social Security and Supplemental Security Income benefits be safe?

1.4. Will my Social Security and Supplemental Security Income benefits be safe? 1. OVERVIEW 1.1. What is the Direct Express card? The Direct Express card is a prepaid debit card available to Social Security and Supplemental Security Income check recipients who wish to receive their

More information

WELCOME Follow this easy checklist to start your account off right!

WELCOME Follow this easy checklist to start your account off right! WELCOME Follow this easy checklist to start your account off right! Enroll in online banking services Enroll in Online Banking at (click on Enroll on the top red bar and enter your information) - Required

More information

DEBIT MASTERCARD APPLICATION

DEBIT MASTERCARD APPLICATION DEBIT MASTERCARD APPLICATION Hickory Point Bank s Debit MasterCard - the only card you need Our Debit MasterCard gives you a fast, economical and convenient way to purchase the products and services you

More information

Checking Account. Check writing ability. ATM/Debit Card. Direct Deposit capabilities. Online Banking & Bill Pay

Checking Account. Check writing ability. ATM/Debit Card. Direct Deposit capabilities. Online Banking & Bill Pay Banking 101 Banking 101 Contents Checking Accounts Savings Accounts Balancing Checkbook Clearing Transactions Overdrawn Accounts ATM/Debit Card Direct Deposit Online Banking 2 Checking Account Check writing

More information

ELECTRONIC FUNDS TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES

ELECTRONIC FUNDS TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES ELECTRONIC FUNDS TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES Indicated below are types of Electronic Fund Transfers we are capable of handling, some of which may not apply to your account. Please read this

More information

Important Update to Your Deposit Account

Important Update to Your Deposit Account Important Update to Your Deposit Account Beginning February 12, 2012, U.S. Bank changed the way we post transactions to your deposit account to better align with the way you actually make those transactions.

More information

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from First Security Bank of Deer Lodge 311 Milwaukee Ave P.O. Box 629 Deer Lodge, MT 59722 (406)846-2300 ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES

More information

ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES

ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES The Electronic Fund Transfers we are capable of handling are indicated below, some of which may not apply to your account. Direct Deposits you

More information

DEBIT/ATM CARD APPLICATION

DEBIT/ATM CARD APPLICATION DEBIT/ATM CARD APPLICATION APPLICANT: Last Name: First Name: M.I. Street Address: Apt. # / PO Box: City: State: Zip: Day Telephone #: Evening Telephone # Debit Card ATM Card SECOND APPLICANT: Last Name:

More information

Introductions. Student Introductions. Purpose. Objectives (Continued) Objectives

Introductions. Student Introductions. Purpose. Objectives (Continued) Objectives Introductions Instructor and student introductions Module overview 1 2 Your name Student Introductions Your expectations, questions, and concerns about checking accounts Purpose will teach you how to use

More information

What options does Besser Credit Union offer for Overdraft Protection? How is my Share (savings) account used as Overdraft Protection?

What options does Besser Credit Union offer for Overdraft Protection? How is my Share (savings) account used as Overdraft Protection? BESSER CREDIT UNION OPT-IN Notice Overdraft Protection FAQ s By now, you ve probably heard about the new Overdraft Protection rules that will be effective on July 1, 2010. To help you decide if you would

More information

Using Banking Services

Using Banking Services Teacher's Guide $ Lesson Six Using Banking Services 04/09 using banking services websites websites for banking services The internet is probably the most extensive and dynamic source of information in

More information

ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES

ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES Indicated below are types of Electronic Fund Transfers we are capable of handling, some of which may not apply to your account. Please read this

More information

Banking 101 guide Banking can be confusing!

Banking 101 guide Banking can be confusing! Banking 101 Guide Banking can be confusing! To make it easier, we ve compiled this guide and a list of common banking terms and definitions associated with Higher One and your Higher One checking account.

More information

ELECTRONIC FUND TRANSFERS DISCLOSURE AND AGREEMENT

ELECTRONIC FUND TRANSFERS DISCLOSURE AND AGREEMENT ELECTRONIC FUND TRANSFERS DISCLOSURE AND AGREEMENT AGREEMENT 1. Issuance of ATM Card or MasterCard Debit Card or Personal Identification Number. In this Disclosure and Agreement, the words you, your and

More information

Managing your checking account.

Managing your checking account. We re here for you We hope you have found this guide helpful. In the future, anytime you have a question about your account, visit a Webster branch or call us. You can rely on Webster for whatever assistance

More information

Tips on Managing Your Checking Account

Tips on Managing Your Checking Account Tips on Managing Your Checking Account How to Successfully Manage Your Checking Account By Liberty Check Printers Credit Union members have access to one of the most powerful checking account management

More information

What does the First Mobile app do for me? What else can I do with the mobile banking app beyond the basics? Why should I use the mobile banking app?

What does the First Mobile app do for me? What else can I do with the mobile banking app beyond the basics? Why should I use the mobile banking app? What does the First Mobile app do for me? What else can I do with the mobile banking app beyond the basics? Why should I use the mobile banking app? How do I sign up to use mobile banking? What type of

More information

Debit MasterCard Electronic Funds Disclosure and Agreement

Debit MasterCard Electronic Funds Disclosure and Agreement Debit MasterCard Electronic Funds Disclosure and Agreement This Disclosure/Agreement governs the use of electronic funds transfer services (EFT services) available to you from the Canton School Employees

More information

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from. First National Bank 729 W 7th (Home Office) SPEARMAN, TX 79081 (806)659-5544

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from. First National Bank 729 W 7th (Home Office) SPEARMAN, TX 79081 (806)659-5544 IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from First National Bank 729 W 7th (Home Office) SPEARMAN, TX 79081 (806)659-5544 ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES Indicated below

More information

New Direction. Within Your Reach! A Financial Literacy Training Presentation for our Members by:

New Direction. Within Your Reach! A Financial Literacy Training Presentation for our Members by: New Direction Within Your Reach! A Financial Literacy Training Presentation for our Members by: Maintaining a Checking Account Keeping track of Deposits and Withdrawals Why Should I Keep a Check Register?

More information

DEBIT MASTERCARD AGREEMENT Revision 10-27-10

DEBIT MASTERCARD AGREEMENT Revision 10-27-10 Please read this disclosure carefully because it tells you your rights and obligation concerning Electronic Fund Transfers and your Debit MasterCard. You should keep this disclosure for further reference.

More information

HOW IT WORKS GET STARTED ACCESS FROST MOBILE VIEW ACCOUNT BALANCE VIEW ACCOUNT ACTIVITY MAKE TRANSFERS PAY BILLS LOG OUT SAFETY & SECURITY CONTACT US

HOW IT WORKS GET STARTED ACCESS FROST MOBILE VIEW ACCOUNT BALANCE VIEW ACCOUNT ACTIVITY MAKE TRANSFERS PAY BILLS LOG OUT SAFETY & SECURITY CONTACT US WHAT IS FROST MOBILE? HOW IT WORKS GET STARTED ACCESS FROST MOBILE VIEW ACCOUNT BALANCE VIEW ACCOUNT ACTIVITY MAKE TRANSFERS PAY BILLS LOG OUT SAFETY & SECURITY CONTACT US MEMBER FDIC WHAT IS FROST MOBILE?

More information

Personal Banking Switch Kit. Getting Started

Personal Banking Switch Kit. Getting Started Personal Banking Switch Kit We understand that switching bank accounts can be a hassle; but at Congressional Bank we make it easy. Following the steps below will make the process straightforward and trouble-free.

More information

Date Here. Welcome University of Michigan International Students

Date Here. Welcome University of Michigan International Students Date Here Welcome University of Michigan International Students U.S. Banking System Overview Banking is regulated by federal and state governments Privacy Disclosure Fraud protection Protection against

More information

Know Your Rights and Responsibilities Electronic Funds Transfer Disclosure

Know Your Rights and Responsibilities Electronic Funds Transfer Disclosure Know Your Rights and Responsibilities Electronic Funds Transfer Disclosure 100 East Water Street Sandusky, OH 44870 ELECTRONIC FUND TRANSFERS Your Rights and Responsibilities Indicated below are types

More information

Consumer Bill Pay. Quick Step User Guide

Consumer Bill Pay. Quick Step User Guide Consumer Bill Pay Quick Step User Guide Overview Consumer Bill Pay is a service that allows you to pay virtually anyone or any company through your online banking account. You determine who you want to

More information

International Travel Tips. Get the most from your Visa card

International Travel Tips. Get the most from your Visa card International Travel Tips Get the most from your Visa card Using Your Visa Card to Make Purchases Abroad Your Visa card is accepted at millions of places worldwide, making it a safe and convenient way

More information

Electronic Fund Transfers Disclosure

Electronic Fund Transfers Disclosure CHIEF FINANCIAL CREDIT UNION 200 DIVERSION ST ROCHESTER HILLS, MI 48307 800-844-5440 Electronic Fund Transfers Disclosure Chief Financial Credit Union offers a number of services to its customers, which

More information

Putting You and Your Business First

Putting You and Your Business First Putting You and Your Business First A guide to your new business accounts and services FirstMerit puts you and your business first. FirstMerit can make a true difference when it comes to helping you build

More information

Frequently Asked. Questions. Cash Solution TM PIN Prepaid Debit Card

Frequently Asked. Questions. Cash Solution TM PIN Prepaid Debit Card 0 Frequently Asked Questions TM Cash Solution TM PIN Prepaid Debit Card Frequently Asked Questions About this booklet Moneytree has compiled the information in this booklet to help you understand and use

More information

u.s. bank focus card Frequently Asked Questions The Focus Card What is the Focus Card? How does the Focus Card work?

u.s. bank focus card Frequently Asked Questions The Focus Card What is the Focus Card? How does the Focus Card work? Frequently Asked Questions What is the Focus Card? The Focus Card is a reloadable, prepaid debit card issued by U.S. Bank. It provides an electronic option for receiving your pay. It is not a credit card,

More information

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from The First National Bank of Throckmorton 210 N. Minter Ave. P.O. Box 399 Throckmorton, TX 76483-0399 (940)849-2561 ELECTRONIC FUND TRANSFERS YOUR RIGHTS

More information

Putting You First. A guide to your new accounts and services

Putting You First. A guide to your new accounts and services Putting You First A guide to your new accounts and services FirstMerit is committed to putting you first. For more than 165 years, we ve delivered solutions that help our customers finance homes, pay for

More information

Prairie State Bank & Trust ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES

Prairie State Bank & Trust ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES Prairie State Bank & Trust ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES The Electronic Fund Transfers Prairie State Bank & Trust (referred to as Bank, we, our, or us ) is capable of handling

More information

Checking Account Management

Checking Account Management Checking Account Management 595 Market Street, 16th Floor San Francisco, CA 94105 888.456.2227 www.balancepro.net Whether you have a history of overdraft or nonsufficient funds charges or you just want

More information

Participant Guide Building: Knowledge, Security, Confidence FDIC Financial Education Curriculum

Participant Guide Building: Knowledge, Security, Confidence FDIC Financial Education Curriculum Check It Out Building: Knowledge, Security, Confidence FDIC Financial Education Curriculum TABLE OF CONTENTS Page Determining Your Checking Account Needs 1 Checking Account Fees 2 Practice Exercise: Choosing

More information

Access your bank account anywhere, anytime

Access your bank account anywhere, anytime Access your bank account anywhere, anytime The Butterfield Visa Debit Card offers the ultimate in convenience, whether you re shopping or need to access cash at home or abroad. Use it wherever Visa is

More information

General. Q. Where do I send a pay-off? A. Payoffs can be given to a Member Service Representative at the branch or mailed to:

General. Q. Where do I send a pay-off? A. Payoffs can be given to a Member Service Representative at the branch or mailed to: General Q. What is a credit union? A. A credit union is a not-for-profit organization that is owned by its members. The primary function of the credit union is to serve its members. Credit unions focus

More information

Pulaski Bank. www.pulaskibankstl.com. Electronic Funds Transfer ELECTRONIC FUND TRANSFER AGREEMENT AND DISCLOSURE

Pulaski Bank. www.pulaskibankstl.com. Electronic Funds Transfer ELECTRONIC FUND TRANSFER AGREEMENT AND DISCLOSURE www.pulaskibankstl.com Electronic Funds Transfer ELECTRONIC FUND TRANSFER AGREEMENT AND DISCLOSURE For purposes of this disclosure and agreement the terms "we", "us" and "our" refer to. The terms "you"

More information

FREQUENTLY ASKED QUESTIONS GENERAL

FREQUENTLY ASKED QUESTIONS GENERAL FREQUENTLY ASKED QUESTIONS GENERAL What does electronic payment mean to me? What options do I have? What is the best option for me? Can I choose to receive a paper check instead of an electronic payment?

More information

Checking Account and Debit Card Simulation

Checking Account and Debit Card Simulation Checking Account and Debit Card Simulation Student Instructions and Worksheets Introductory Level Take Charge Today May 2006 Checking Account & Debit Card Simulation Page 1 Checking Account Student Instructions

More information

Electronic Funds Transfer Disclosure Electronic Fund Transfers

Electronic Funds Transfer Disclosure Electronic Fund Transfers Electronic Funds Transfer Disclosure Electronic Fund Transfers Your Rights and Responsibilities 4040 42nd St. SW, Suite O Fargo, ND 58104 PHONE: (701) 364-9050 Indicated below are the types of Electronic

More information

ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE

ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE This Electronic Fund Transfers Agreement and Disclosure is the contract which covers your and our rights and responsibilities concerning the electronic

More information

Electronic Fund Transfers Disclosure

Electronic Fund Transfers Disclosure Electronic Fund Transfers Disclosure The Electronic Fund Transfers we are capable of handling for consumers are indicated below, some of which may not apply to your account. Some of these may not be available

More information

Your new checking account

Your new checking account Your new checking account Getting started guide The information in this disclosure may not be entirely accessible to screen readers. Please call the Phone Bank at 1-800-TO-WELLS if you would like to obtain

More information

ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE

ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE This Electronic Fund Transfers Agreement and Disclosure is the contract which covers your and our rights and responsibilities concerning the electronic

More information

Payroll Cards. Payroll Cards: the Basics

Payroll Cards. Payroll Cards: the Basics Payroll Cards Payroll debit cards (usually referred to as payroll cards or paycards) are another form of direct deposit. Instead of depositing pay in a checking or savings account, this method uses a reloadable

More information

Checking Account and Debit Card Simulation

Checking Account and Debit Card Simulation Checking Account and Debit Card Simulation Student Instructions and Worksheets Get Ready to Take Charge of Your Finances Family Economics & Financial Education May 2006 Get Ready to Take Charge of Your

More information

Choose Alaska USA and save!

Choose Alaska USA and save! Choose Alaska USA and save! Open a new personal checking account with Alaska USA and get your first box of checks FREE. Alaska USA doesn t charge per-check fees regardless of how many you write per month.

More information

Getting started with your checking account

Getting started with your checking account Getting started with your checking account Thank you for checking with UICCU Thank you for choosing University of Iowa Community Credit Union for your checking account needs. We would like to take a moment

More information

Take Charge of Your Own Checking Account ASSESSMENT ONE: Assessment #1

Take Charge of Your Own Checking Account ASSESSMENT ONE: Assessment #1 Assessment #1 ASSESSMENT ONE: Knowledge ο T / F You can only deposit checks into a checking account. ο T / F When using a debit card to make a purchase, the money will immediately be be withdrawn from

More information

TEENS & GRADS: FREQUENTLY ASKED BANKING QUESTIONS

TEENS & GRADS: FREQUENTLY ASKED BANKING QUESTIONS TEENS & GRADS: FREQUENTLY ASKED BANKING QUESTIONS CREDIT AND LOANS What is a credit score and why is it so important? A credit score is a number that strongly indicates to lenders and creditors how likely

More information

ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE

ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE ELECTRONIC FUND TRANSFERS AGREEMENT AND DISCLOSURE This Electronic Fund Transfers Agreement and Disclosure is the contract which covers your and our rights and responsibilities concerning the electronic

More information

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from. First National Bank of Dublin 825 N Patrick St Dublin, TX 76446 (254)445-4400

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from. First National Bank of Dublin 825 N Patrick St Dublin, TX 76446 (254)445-4400 IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from First National Bank of Dublin 825 N Patrick St Dublin, TX 76446 (254)445-4400 REGULAR CHECKING ACCOUNT Minimum balance to open - The minimum balance

More information

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from. The Roscoe State Bank 117 Cypress St. Roscoe, TX 79545 (325)766-3311

IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from. The Roscoe State Bank 117 Cypress St. Roscoe, TX 79545 (325)766-3311 IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS from The Roscoe State Bank 117 Cypress St. Roscoe, TX 79545 (325)766-3311 ELECTRONIC FUND TRANSFERS YOUR RIGHTS AND RESPONSIBILITIES Indicated below are

More information

Electronic Funds Transfer Disclosures

Electronic Funds Transfer Disclosures Electronic Funds Transfer Disclosures BRIDGEPORT SAGINAW CHESANING FREELAND AUBURN 800-772-8728 www.unitedfinancialcu.org The following disclosures set forth your and our rights and responsibilities concerning

More information

First Citizens' Federal Credit Union 200 Mill Road, Suite 100 PO Box 270 Fairhaven, MA 02719 508-999-1341 www.firstcitizens.org

First Citizens' Federal Credit Union 200 Mill Road, Suite 100 PO Box 270 Fairhaven, MA 02719 508-999-1341 www.firstcitizens.org First Citizens' Federal Credit Union 200 Mill Road, Suite 100 PO Box 270 508-999-1341 www.firstcitizens.org YOUR RIGHTS AND RESPONSIBILITIES ELECTRONIC FUND TRANSFER DISCLOSURE For purposes of this disclosure

More information

H. ELECTRONIC FUNDS TRANSFERS

H. ELECTRONIC FUNDS TRANSFERS H. ELECTRONIC FUNDS TRANSFERS This part of this Agreement contains important information about some of our electronic banking services. The terms of this part include the instructions and other material

More information

Business Banking Switch Kit. Getting Started

Business Banking Switch Kit. Getting Started Business Banking Switch Kit We understand that switching bank accounts can be a hassle; but at Congressional Bank we make it easy. Following the steps below will make the process straightforward and trouble-free.

More information

ELECTRONIC FUNDS TRANSFER AGREEMENT AND DISCLOSURE

ELECTRONIC FUNDS TRANSFER AGREEMENT AND DISCLOSURE ELECTRONIC FUNDS TRANSFER AGREEMENT AND DISCLOSURE This Electronic Funds Transfer Agreement is the contract which covers your and our rights and responsibilities concerning the electronic funds transfer

More information

FUNDS AVAILABILITY POLICY DISCLOSURE

FUNDS AVAILABILITY POLICY DISCLOSURE FUNDS AVAILABILITY POLICY DISCLOSURE YOUR ABILITY TO WITHDRAW FUNDS AT BLUE RIDGE BANK AND TRUST CO. Our policy is to make funds from your cash and check deposits available to you on the same business

More information

REGULATION E DISCLOSURE

REGULATION E DISCLOSURE MIDLAND NATIONAL BANK 527 N MAIN STREET PO BOX 427 NEWTON KS 67114 (316)283 1700 REGULATION E DISCLOSURE ELECTRONIC FUND TRANSFER AGREEMENT AND DISCLOSURE For purposes of this disclosure and agreement

More information

Bill Payment and Electronic Funds Transfer Service Agreement

Bill Payment and Electronic Funds Transfer Service Agreement ab Bill Payment and Electronic Funds Transfer Service Agreement For more information Call ResourceLine, our interactive voice response telephone unit, 24 hours a day, 7 days a week at 800-762-1000, Option

More information

Regulation E Disclosure

Regulation E Disclosure Regulation E Disclosure Electronic fund Transfers Your rights and Responsibilities The Electronic Fund Transfers we are capable of handling for consumers are indicated below, some of which may not apply

More information