Common use of Online Statements Service Clause in Contracts

Online Statements Service. By electing Online Statements, you agree to receive your Credit Union Share and Share Draft Account statements and all other disclosures and notices included with the paper account statement (collectively, “deposit Account statements”) electronically instead of in paper form. If you elect this Service, you will not receive your deposit Account statements in paper form, and you agree that electronic delivery satisfies our obligation to provide the deposit Account statement to you. Notwithstanding that we will provide your account statements electronically, we may choose to provide paper deposit Account statements by U.S. mail at any time in our sole discretion, but we are under no obligation to do so. The Primary Member agrees to maintain a valid e- mail address on file with us and promptly notify us if the e-mail address changes. We will send a courtesy e-mail notification to the Primary Member’s e-mail address when the Online Statements are available for review. If we send an e-mail notification to the Primary Member and it is returned to us undelivered, you agree that your responsibility to retrieve and review your account statements in a timely manner is in no way diminished. We reserve the right to terminate your Electronic Statements Service if an e-mail notification we send to the Primary Member is returned to us as undelivered within 30 days of our notifying the Primary Member by paper mail that an e-mail notification we have previously sent could not be delivered. If we terminate your enrollment in the Electronic Statements Service, account statements will be sent to the Primary Member’s address of record in paper form. Your Consent to Receive Online Banking Statements includes additional terms and conditions for the Online Statements Service.

Appears in 1 contract

Sources: Online Services and Bill Payment Agreement

Online Statements Service. By electing Online Statements, you agree to receive your Credit Union Share and Share Draft Account statements and all other disclosures and notices included with the paper account statement (collectively, “deposit Account statements”) electronically instead of in paper form. If you elect this Service, you will not receive your deposit Account statements in paper form, and you agree that electronic delivery satisfies our obligation to provide the deposit Account statement to you. Notwithstanding that we will provide your account statements electronically, we may choose to provide paper deposit Account statements by U.S. mail at any time in our sole discretion, but we are under no obligation to do so. The Primary Member agrees to maintain a valid e- e-mail address on file with us and promptly notify us if the e-mail address changes. We will send a courtesy e-mail notification to the Primary Member’s e-mail address when the Online Statements are available for review. If we send an e-mail notification to the Primary Member and it is returned to us undelivered, you agree that your responsibility to retrieve and review your account statements in a timely manner is in no way diminished. We reserve the right to terminate your Electronic Statements Service if an e-mail notification we send to the Primary Member is returned to us as undelivered within 30 days of our notifying the Primary Member by paper mail that an e-e- mail notification we have previously sent could not be delivered. If we terminate your enrollment in the Electronic Statements Service, account statements will be sent to the Primary Member’s address of record in paper form. Your Consent to Receive Online Banking Statements includes additional terms and conditions for the Online Statements Service.

Appears in 1 contract

Sources: Online Banking Services Agreement