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Bill Payer Service Electronic Funds Transfer Agreement and Disclosure

This disclosure statement sets forth certain rights and responsibilities which you as a member and we, the credit union, have under the Electronic Fund Transfer Act. The provisions of this act apply whenever you use our Bill Payer Service.

An electronic fund transfer occurs when you use electronic means to make deposits, payments or withdrawals from your share or sharedraft account. A personal computer is considered an electronic means.

If you do not accept the terms of this agreement and disclosure, you will not have access to GHS Federal Credit Union's Bill Payer Service. Use of the Bill Payer Service constitutes agreement with the terms and conditions of this electronic disclosure statement. We strongly suggest that you print out this electronic disclosure statement and file it for future reference. You may request a copy of this disclosure from the credit union by calling us, writing to us or sending us a request via our secure online form.

KINDS OF EFT TRANSACTIONS
You may use your personal computer plus your password do the following in the Bill Payer Service mode:

make payments on your behalf to third parties, private or public, such as utilities, department stores and mortgage companies

CONDITIONS OF USE
Accounts that are subject to the usual ownership conditions will be accessible for Bill Payer Service. Any account with special ownership conditions such as, but not limited to: guardianship, trust accounts, multiple signature accounts, UGTMA, UTTMA or other fiduciary relationships, will not be accessible through remote banking services. If your account falls below the required minimums, or is continually insufficient because of Bill Payer maintenance fees, we may revoke your Bill Payer privileges. If so, we will notify you; however, we reserve the right to do so without prior notification to you. We may revoke all remote banking services as a result.

LIABILITY FOR USE
You are responsible for any EFT transactions that you make with Bill Payer Service. Your responsibility includes giving the third party vendor the correct payment account information. If you give your Remote Banking password to another person who is not authorized on the account and that person accesses your account, you are responsible for the transactions. If you believe that someone unauthorized has access to your Remote Banking password, and you notify the credit union within two business days after you learn of the breach of access, your liability may be limited to $50.00. If you do NOT tell us within two business days of the breach of access, and we can prove that we could have prevented the loss if you had told us, you could lose as much as $500.00. In cases of intentional fraud, you are liable for the entire amount.

If your statement shows transactions or transfers that you did not make, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get any money back, if we can prove that we could have stopped someone from accessing your account if you had told us in time.

LIMITATIONS
Per Regulation D, for share savings accounts you may make up to 6 (six) pre-authorized, automatic, telephonic, audio response or PC home banking transfers to another account of yours, or to a third party during any calendar month. A pre-authorized transfer includes any arrangement with us to pay a third party from your account by oral or written request through the automated clearing house electronic fund transfer system. You may make unlimited transfers or payments from your checking account. We may refuse to make any transfer that exceeds these limitations.

IN CASE OF ERRORS OR QUESTIONS REGARDING GHS@HOME BANKING TRANSACTIONS - WHERE TO CALL
If you believe someone has access to your GHS@Home Banking or STAR password, immediately call: 607.723.7962 or 1.800.732.4447 If you believe a transaction on your statement is wrong, contact us as soon as you can or if you need more information. We must hear from you no later than 60 days after we mailed the FIRST statement on which the problem or error appeared.

Tell us your name and account number, a description (including dollar amount) of the transfer you are unsure about, and explain why you believe it is in error. If you tell us verbally, we may require that you send us your complaint or questions in writing within 10 business days. We will tell you the results of our investigation within 10 business days after we hear from you and will correct any error promptly. If we decide there is no error, we will send you a written explanation within 3 business days after we finish our investigation. You may ask for copies of the document that we used in our investigation.

RIGHT TO RECEIVE RECEIPTS AND STATEMENTS
When you pay bills through GHS Bill Payer Service, the transactions will appear in your statement history. You have the option to print out the transaction history through GHS@Home , PC home banking, electronically. If you have a sharedraft account, you will receive a monthly account statement. If you do not have a sharedraft account, you will receive a statement for any month in which you have electronic transactions, including bill payments, posted.

FEES

Bill Payer Service is free of charge.
$20.00 Non-Sufficient Funds Charge. If your account has insufficient funds when we attempt to deduct funds to pay a bill that you have requested be paid, you will be charged a $20.00 non-sufficient funds fee for each occurrence.
$5.00 Check Copy Fee
$20.00 Stop Payment Fee
$20.00 per hour Research Fee, $5.00 minimum

DISCLOSURE OF ACCOUNT INFORMATION
We may disclose information about your account to third parties only as needed:

to complete any electronic transfer
to verify the existence of your account
if required by proper request from a government agency or judicial subpoena
whenever you give us your written permission to do so

CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS/PAYMENTS
If we do not complete a Bill Payer Service payment on your account on time or in the correct amount according to our agreement, we may be liable for any losses or damages that may occur as a result. However; there are some exceptions:

if, through no fault of ours, you do not have enough money in your account to complete the payment
if the computer on which you access the Bill Payer Service was not functioning properly and you knew about it, or should have known about it
if circumstances beyond our control or that of any component of the bill payer third party vendor, prevent the transaction, despite reasonable precautions that have been taken if the payee (private or public) accepting the bill payment on your behalf does not post the payment properly or in a timely manner
if you exceed a combined total of 6 Regulation D withdrawals from a share account other than a sharedraft account in the same month
if the transaction would exceed security limitations on the use of your account
if the funds in your accounts are subject to or frozen due to legal process or other claim
if we have a bona fide reason to suspect fraud or other problems In any case, we may only be liable for actual proven damages if the failure to make the transaction resulted from a bona fide error despite our procedures to avoid such errors.