Common use of Phone Banking Clause in Contracts

Phone Banking. You may access your accounts via our touch-tone telephone system. We will assign you a PIN to use this service. You may use telephone access to: • Transfer funds between your savings, checking, money market, and club accounts; • Obtain balance, account activity, and other information on your savings, checking, money market, and club accounts; • Verify whether a check or other item has cleared your account; • Make loan payments from your savings, checking, money market, and club accounts; • Take advances from your line-of-credit loan account; • Change your PIN number on the telephone access service; The telephone access service is available twenty-four (24) hours a day, but may be inaccessible for a short period each day for data processing. Limitations. The following limitations will apply to the Telephone/Audio Response Service: • The maximum dollar amount of transfers per day is $50,000.00.