Info: Disclosures

CIP Disclosure

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

CU Anywhere Disclosure

MidWest America Federal Credit Union (MWAFCU or we) and the below named member(s) (member or you) hereby agree as follows:

1. CU Anywhere Services. Member hereby applies to MWAFCU for CU Anywhere services. In order to remain eligible for CU Anywhere, member must remain a member of MWAFCU in good standing. The following transactions may be performed by the member through CU Anywhere: (a) Transfers. You may transfer funds among your MWAFCU Share or Loan Accounts. Transfers from any share except Checking Shares are limited to six (6) per month in any combination of transfers to other MWAFCU accounts, overdraft transfers, over the phone or CU Anywhere transactions. You may transfer funds between different MWAFCU accounts. These transactions are subject to prior approval of the other account holder. (b) Additional Services. From time to time, MWAFCU will announce additional services which are available through CU Anywhere. Your use of these services will constitute acceptance of the terms and conditions presented at the time they are announced. (c) Access Limitations. MWAFCU reserves the right to limit the amount of on-line access per month or per session.

2. Operating Systems. CU Anywhere is designed to work with most commonly used Internet browsers such as Internet Explorer or Netscape.

3. CU Anywhere Password. You hereby acknowledge that you have reviewed and read the appropriate disclosure pertaining to CU Anywhere and agree to the terms of the disclosure. You agree that use of CU Anywhere by other persons will give them access to any of your share, IRA, Certificate and loan accounts. Access to a member account will be by means of a member's PIN and a password. You agree not to make your PIN available to any other person. If you believe that your password has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call (800) 348-4738 between 9 a.m. and 5 p.m., Monday through Thursday and from 9 a.m. to 6:30 p.m. on Friday, or write us at 1104 Medical Park Drive, Fort Wayne IN 46825.

4. Liability for Unauthorized Transfers. (a) Liability disclosure. Tell us AT ONCE if you believe your PIN and password have been lost or stolen and immediately change your password. Telephoning is the best way of limiting your potential losses. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within two (2) business days, you can lose no more than $50 if someone used your password without your permission. If you do NOT tell us within two (2) business days after you learn of the loss or theft of your PIN and password, and we can prove we could have stopped someone from using them without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason kept you from telling us, we may extend the time periods. (b) Address and telephone number. If you believe your pin or password have been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call: (800) 348-4738 (nationwide) (260) 482-3334 (in Fort Wayne) or write: MidWest America Federal Credit Union 1104 Medical Park Drive Fort Wayne, IN 46825

5. Charges. MWAFCU does not intend to charge a fee for this service. We do, however, reserve the right to do so in the future and will provide 30 days advance notice to all users through the system.

6. Statements. All transactions generated by you through CU Anywhere and any CU Anywhere fees will appear on your monthly or quarterly statement.

7. Our Liability. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance: if, through no fault of ours, you do not have enough money in your account to make the transfer; if the transfer would go over the credit limit on your overdraft credit line; if the CU Anywhere equipment or software was not working properly and you knew about the breakdown when you started the transfer; if circumstances beyond our control (such as fire or flood) prevent the transfer despite reasonable precautions that we have taken. We shall not be responsible for any other loss, damage or injury whether caused by the equipment, software and/or the CU Anywhere service, nor shall we be responsible for any direct, indirect, special or consequential damages arising in any way out of the installation, use or maintenance of your equipment, software and/or CU Anywhere, except where the law requires a different standard. We do not make any warranties concerning the equipment, the software or any part thereof, including, without limitations, any warranties of fitness for a particular purpose or warranties of merchantability.

8. Errors and Questions .In case of errors or questions about your electronic transfers, telephone us at (800) 348-4738 or write us at 1104 Medical Park Drive, Fort Wayne IN 46825 as soon as you can. We must hear from you no later than sixty (60) days after you learn of the error. You will need to tell us: your name and account number; why you believe there is an error and the dollar amount involved; approximately when the error took place. If you tell us orally, we may require that you send us your complaint or question in writing within ten (10) business days. We will tell you the results of our investigation within ten (10) business days and correct any error promptly. If we need more time, we may take up to forty-five (45) days to investigate the complaint, but you will have the use of the funds in question after the ten (10) business days. 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 credit your account during the investigation. 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 may ask for copies of the documents that we used in our investigation. If you need more information about our error resolution procedures, call us at the telephone number shown above.

9. Business Day. Our business hours are 9:00 a.m. - 5:00 p.m. Monday through Thursday and 9:00 a.m. - 6:30 p.m. Friday. Holidays not included.

10. Governing Law. This agreement shall be governed by and constructed in accordance with the laws of the State of Indiana

Regulation "E" Disclosure

1. Notify us at once if you believe your ATM card is lost or stolen. Contacting the credit union by telephone is the best way to keep your possible losses down. If you notify us within (two) 2 business days, you can lose no more than $50.00 if someone used your ATM card without your permission (see exception below #3). Failure to notify us within 2 business days could result in your being liable for up to $500.00 of the unauthorized transactions. Also, notify us at once if your statement shows transactions that you did not make. If you do not notify us within 60 days after the statement was mailed to you and we can prove that your failure to do so kept us from stopping the unauthorized usage, you may not get back any of the money you lost.

2. If you believe that your ATM card has been lost or stolen or someone has knowledge of your pin, call or notify us in writing:

MidWest America Federal Credit Union
Attn: ATM Department
1104 Medical Park Drive
Fort Wayne, IN 46825-5826
(260) 482-3334 or (800) 348-4738

3. Your Personal Identification Number is to be kept secret. If you allow any other person to know your P.I.N., your ATM privileges can be terminated and you will be held responsible for any transactions that they complete using your ATM card. If you write the P.I.N. on any item kept with the ATM card, such as in a wallet, purse, or address book, your ATM privileges can be terminated, and you can be held liable for transactions done with your ATM card.

4. Your ATM card can be used at any MidWest America ATM machine to complete any of the following transactions at no cost: a. inquire about account balances (share draft and savings only), b. deposit to your savings or share draft accounts, c. transfer between share draft and savings accounts, d. withdraw cash from either your savings, share draft or signature line of credit, e. make loan payments, f. change your Personal Identification Number.

5. Your ATM card can be used at any MAC ATM not showing the MidWest America logo to complete any of the following: Transactions b through d will result in a $1.00 fee for each completed and attempted transaction. The fee will be taken at the time of the transaction. If the funds are not available to complete a withdrawal and take the fee, the transaction will abort and the ATM machine will tell you to enter a lesser amount. a. inquire about account balances (share draft and savings only), b. deposit to your savings or share draft accounts, c. transfer between share draft and savings accounts, d. withdraw cash from either your savings, share draft or signature line of credit, e. make loan payments, f. change your Personal Identification Number.

6. Your ATM card can be used at any Cirrus ATM machine to complete any of the following transactions: Transaction b will result in a $1.00 fee for each completed and attempted transaction. The fee will be taken at the time of the transaction. If the funds are not available to complete a withdrawal and take the fee, the transaction will abort and the ATM machine will ask you to enter a lesser amount. a. inquire about account balances (share draft and savings only), b. withdraw cash from either your savings, share draft or signature line of credit.

7. Withdrawals from the ATM machines will be limited to $200.00 each business day. Higher limits can be requested through the ATM Department and will be based on your account standing with the credit union.

8. You will receive a receipt at the time you conduct any transaction on your account using the ATM machine. Also, you will receive a monthly statement showing your transactions.

9. We will disclose information to third parties about your account or the transfers you make: a. where it is necessary for completing transfers, or b. in order to verify the existence and condition of your account for a third party, such as a credit bureau, a merchant, or another financial institution or c. in order to comply with a government agency or court orders, or d. if you give us your written permission.

10. In case of errors or questions about your electronic transfers, telephone us at: (260) 482-3334 or (800) 348-4738 or write us at:

MidWest America Federal Credit Union
1104 Medical Park Drive
Fort Wayne, IN 46825-5826

as soon as you can if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we send you the FIRST statement on which the problem or error appeared. This letter must contain the following: a. your name and account number b. description of the error or the transaction you are unsure about and explain as clearly as you can, why you believe it is an error and why you need more information c. the dollar amount of the suspected error.

If you tell us orally, we require that you also send us your complaint or question in writing within 10 business days.

TERMS AND CONDITIONS
1. An ATM disclosure/card request must be signed before an ATM card and personal identification number (PIN) can be issued.

2. The signing of a MidWest America Federal Credit Union ATM disclosure/card request form shall indicate your assent to these terms and conditions and to any modification thereof. Any modification shall become effective and be binding 21 days after notice of the modification is posted in the office of the credit union and our Hotline Newsletter except where the Federal Electronic Fund Transfer Act provides otherwise.

3. Personal Identification Numbers must not be carried with the ATM card, in any form, at any time. (See section #3 in disclosure.)

4. All ATM cards must be surrendered prior to closing the primary account.

5. All correspondence will be mailed to the address shown on the permanent files of the credit union. It is the responsibility of the member to keep this information current.

6. ATM card activity may be suspended or canceled permanently if any one of the following conditions exists: a. card is lost, stolen, or misplaced, b. past due loan account, c. unsatisfactory account relationship, d. closure of the share draft account due to NSF activity, e. abuse of ATM privileges, f. if the P.I.N. is kept with the ATM card.

7. We reserve the right to charge you for any and all expenses incurred while attempting to collect any outstanding funds owed to the credit union associated with the ATM transactions.

8. Members who lose or damage their ATM cards and request a replacement card will be charged a $5.00 replacement fee.

9. Deposits and loan payments are subject to verification by authorized personnel. The actual amounts deposited and paid may vary from the figure shown on the receipt you receive at the time of deposit or payment.

10. We reserve the right at any time and without notice (except as may be required by the Federal Electronic Fund Transfer Act) to eliminate any or all of the services that currently are available to you by use of your ATM card or to add new services.

11. To the extent applicable, the rules and regulations governing your account with us also apply to your use of your ATM card.

12. These terms and conditions are subject to and governed by all applicable present and future provisions of state and federal laws and Federal Reserve Board regulations, and from time to time, shall be deemed automatically amended to the extent necessary to comply therewith.

13. Members who use ATM machines not owned by MidWest America Federal Credit Union will be charged a $1.00 fee according to the disclosure sections 5 and 6.

14. When you use an ATM not owned by us, you may be charged a fee by the ATM operator and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer.
Terms & Conditions of Electronic Fund Transfers

This notice, which is required by federal law, describes important terms and conditions under which MidWest America Federal Credit Union provides certain preauthorized transfer services to you. This disclosure pertains to Federal Reserve Bank and Automated Clearinghouse (ACH) transactions only. (See specific disclosures for other services offered.)

Our EFT service allows you to designate the type of transaction, such as social security, payroll deposits, insurance premiums, or mort­gage payments.

This service is provided to you at no charge.

When utilizing our ACH/Electronic Fund Transfers for bill paying services, funds must be available for withdrawal prior to 8:00 a.m. on Mondays and Fridays and 9:00 a.m. Tuesdays through Thursdays, depending upon the day your scheduled ACH withdrawal is to occur.

There are NO limitations on the dollar amounts of EFTs. Share (savings) accounts are allowed 6 transfers per month. Share draft (checking) accounts have no frequency limitations.

We will disclose information to third parties about your account or the transfer you make: (1) where it is necessary for completing such transfers; (2) in order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; (3) in order to comply with government agency or court orders; (4) if you give us your written permission.

RIGHT TO RECEIVE DOCUMENTATION OF TRANSFERS
(a) If you have arranged to have transfers made to or from your account at least once every sixty days from the same person or company, you can call (260) 482-3334 to find out whether or not the transfer has been made. (b) Periodic statements. You will receive a monthly account statement.

STOP PAYMENTS ON PRE-AUTHORIZED TRANSFERS
If you have made arrangements to make regular payments from your account, you can stop any of these payments. Here's how: Call us at (260) 482-3334, or write us at 1104 Medical Park Drive; Fort Wayne, IN 46825, in time for us to receive your request three business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within fourteen days after you call. We will charge you fifteen dollars ($15) for each stop payment order you give.

If these regular payments vary in amount, the company you are going to pay will notify you, ten days before each payment, when it will be made and how much it will be.

If you order us to stop one of these payments 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.

Pre-authorized transfers that are returned to the Federal Reserve Bank due to insufficient funds in your account, will be assessed a twenty five ($25) dollar fee for each item returned.

CHOICE OF LAW
We may accept on your behalf payments to your account which have been transmitted through one or more Automated Clearing House ("ACH") Operators and which are not subject to the Electronic Fund Transfer Act and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the State of New York as provided by the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account.

NOTICE OF RECEIPT OF ACH ENTRIES
Under the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account, MidWest America is not required to give next day notice to you of receipts of an ACH entry and we will not do so. However, we will continue to notify you of the receipt of payments in the periodic statements we provide to you.

PROVISIONAL PAYMENT
Credit given by MidWest America to you with respect to an automated clearing house credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you via such entry [i.e., the originator of the entry] shall not be deemed to have paid you the amount of such entry.

MIDWEST AMERICA FEDERAL CREDIT UNION'S LIABILITY FOR FAILURE TO MAKE TRANSFERS
If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for losses or damages. However, there are some exceptions. We will NOT be liable, for instance:

• If, through no fault of ours, you do not have enough money in your account to make the transfer
• If the transfer would go over the credit limit on your overdraft line.
• If circumstances beyond our control (such as fire, flood, or mechanical failures) prevent the transfer, despite reasonable precautions that we have taken. There may be other exceptions stated in our agreement with you.

In case of Errors or Questions About Your Electronic Transfers, telephone us at (260) 482-3334, or write us at 1104 Medical Park Dr; Fort Wayne, IN 46825, as soon as you can, if you think your statement or receipt is wrong, or if you need more information about the transfer listed on the statement or receipt. We must hear from you no later than sixty days after we sent the first statement on which the problem or error appeared. (1) Tell us your name and account number. (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. (3) Tell us the dollar amount of the suspected error.

If you tell us orally, we may require that you send us your complaint or question in writing within ten business days.

We will tell you the results of our investigation within ten business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to forty-five days to investigate your complaint or question. If we decided to do this, we will credit your account within 10 business days 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 business days we may not credit your account. If we decide that there was no error we will send you a written explanation within three business days after we finish our investigation. You may ask for copies of the documents that we used in our investigation.

Our business hours are:
Mon - Thurs; 9 am to 5 pm Fri 9 am to 6:30 pm
Holidays are not included.