Common use of ARBITRATION AND WAIVER OF CLASS ACTION Clause in Contracts

ARBITRATION AND WAIVER OF CLASS ACTION. You and Greater Iowa Credit Union agree that we shall attempt to informally settle any and all disputes arising out of, affecting, or relating to your accounts, or the products or services the credit union has provided, will provide or has offered to provide to you, and/or any aspect of your relationship with the credit union (hereafter referred to as the “Claims”) before either of us initiates a formal proceeding to resolve the Claim. If that cannot be done after good faith efforts, then you agree that any and all Claims that are threatened, made, filed or initiated after the Effective Date (defined below) of this Arbitration and Waiver of Class Action provision (“Arbitration Agreement”), even if the Claims arise out of, affect or relate to conduct that occurred prior to the Effective Date, shall, at the election of either you or us, be resolved by binding arbitration administered by the American Arbitration Association (“AAA”) in accordance with its applicable rules and procedures for consumer disputes (“Rules”), whether such Claims are in contract, tort, statute, or otherwise. The Rules can be obtained on the AAA website free of charge at ▇▇▇.▇▇▇.▇▇▇; or, a copy of the Rules can be obtained at any of our branches upon request. Either you or we may elect to resolve a particular Claim through arbitration, even if one of us has already initiated litigation in court related to the Claim, by:

ARBITRATION AND WAIVER OF CLASS ACTION. You and Greater Iowa the Credit Union agree that we both parties shall attempt to informally settle any and all disputes arising out of, affecting, or relating to your accounts, or the products or services the credit union Credit Union has provided, will provide or has offered to provide to you, and/or any aspect of your relationship with the credit union Credit Union (hereafter referred to as the “Claims”) before either of us initiates a formal proceeding to resolve the Claim). If that cannot be done after good faith effortsdone, then you agree that any and all Claims that are threatened, made, filed or initiated after the Effective Date (defined below) of this Arbitration and Waiver of Class Action provision (“Arbitration Agreement”), even if the Claims arise out of, affect or relate to conduct that occurred prior to the Effective Date, shall, at the election of either you or us, be resolved by binding arbitration administered by the American Arbitration Association (“AAA”) in accordance with its applicable rules and procedures for consumer disputes (“Rules”), whether such Claims are in contract, tort, statute, or otherwise. The Rules can be obtained on the AAA website free of charge at ▇▇▇.▇▇▇.▇▇▇; or, a copy of the Rules can be obtained at any of our branches Credit Union branch upon request. Either you or we may elect to resolve a particular Claim through arbitration, even if one of us has already initiated litigation in court related to the Claim, by:

ARBITRATION AND WAIVER OF CLASS ACTION. You and Greater Iowa the Credit Union agree that we shall attempt to informally settle any and all disputes arising out of, affecting, or relating to your accounts, accounts or the products or services the credit union Credit Union has provided, will provide provide, or has offered to provide to you, and/or any aspect of your relationship with the credit union Credit Union (hereafter referred to as the “Claims”) before either of us initiates a formal proceeding to resolve the Claim). If that cannot be done after good faith effortsdone, then you agree that any and all Claims that are threatened, made, filed or initiated after the Effective Date (defined below) of this Arbitration and Waiver of Class Action provision (“Arbitration Agreement”), even if the Claims arise out of, affect or relate to conduct that occurred prior to the Effective Date, shall, at the election of either you or us, be resolved by non- binding arbitration administered by the American Arbitration Association (“AAA”) in accordance with its applicable rules and procedures for consumer disputes (“Rules”), whether such Claims are in contract, tort, statute, or otherwise. The Rules can be obtained on the AAA website free of charge at ▇▇▇.▇▇▇.▇▇▇; or, or a copy of the Rules can be obtained at any of our branches Credit Union branch upon request. Either you or we may elect to resolve a particular Claim through arbitration, even if one of us has already initiated litigation in court related to the ClaimClaim by: (a) making written demand for arbitration upon the other party, by:(b) initiating arbitration against the other party, or (c) filing a motion to compel arbitration in court.