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Business
Checking
Purpose - The Business Checking
is a transaction account that allows members maintain
their funds at TFCU with no monthly service cost. This
product does not come with any optional features availiable
to the TFCU Plus Checking Accounts.
• Minimum Balance - $0.00
• Maximum Balance - Unlimited
• ePay/Fee - ePay is accessible through Home Banking
on this account (applicable fees may apply)
• Age - Members must be 18 yrs old to qualify
for this account
• Debit Card - Authorized per members request
(applicable fees may apply)
• ATM Access/Fees - Unlimited (applicable fees
may apply).
• Branch Access - Unlimited (applicable fees may
apply)
• Checks - Authorized per members request (applicable
fees may apply)
• Fees - All applicable service fees apply
• Restrictions - This is not a Reg. D account
• Negative Closure - 45 days from first day of
negativity
• Right to Offset - This account may be offset
for loan and share negativity per this membership ID
or any others attached by a primary or joining social
security number
• Account Verification - All account holders screened
through Chex Systems
Terms and Conditions:
1. TFCU reserves the right to cancel or eliminate this
product at any time considering that a 30 day notice
has been mailed to the member at the address on file.
A) In the event of product cancellation this product
will reform to the most basic checking account available
at the time of cancellation.
2. TFCU rates and fees are subject to change at anytime
per the approval from the Board of Directors.
3. In the event of negativity this account may be closed
and any membership rights may be revoked.
4. If the account is closed prior to the last day of
the month dividends will be forfeited.
5. TFCU Management reserves the right to deny qualification
of this account to a members posing as a risk to the
Credit Union or do not meet the minimum requirements
per Chex Systems, previous history with TFCU, CIP and
State and Federal Regulatory standards.
6. Members must maintain a Prime Savings account in
positive standards to qualify for this account. |
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