Common use of Access Devices Clause in Contracts

Access Devices. We may adopt policies from time to time under which we may issue ATM Cards, Debit cards, personal identification numbers (PINs), log on id, passwords, or codes in connection with Online Banking, or other electronic access devices (collectively, the “access devices”) to persons designated by the Account Owner, at the Account Owner's request. You acknowledge and agree that the issuance of an access device, PIN, log on id, passwords, or codes in connection with a Business Account affords ready access to the Account by the person or persons authorized by the Account Owner, as well as other persons who are provided access to the access device, PIN, log on id, passwords, or codes or who otherwise obtain the access device, PIN, log on id, passwords, or codes whether by way of negligence, theft, collusion or otherwise. As a result, you acknowledge and agree that the Account Owner and the persons authorized by the Account Owner to receive an access device, PIN, log on id, passwords, or codes are solely responsible for their use and that we will not be liable for any loss resulting from the unauthorized use of the access device, PIN, log on id, passwords, or codes unless otherwise provided in any disclosures you may receive. Use of Biometrics / Fingerprints: Credit Union may provide access to your accounts and services through the use of fingerprints or other biometrics. You agree to the use of such biometrics, and will cooperate with the Credit Union in implementing any new technology. Biometric technologies may be used for authentication. A biometric identifier measures an individual’s unique physical characteristics and compares it to a stored digital template for authentication. A physical characteristic can be a thumbprint, fingerprint, facial recognition or iris pattern. A biometric identifier can be used as a single or multifactor process.

Appears in 3 contracts

Sources: Business Membership Account Agreement, Business Membership Account Agreement, Business Membership Account Agreement