Polices

Website Terms of Use

revised/approved 04-01-2008

The Erie Times Federal Credit Union Website is offered to you conditioned on your acceptance without modification of the terms, conditions, and notices contained herein. Your use of the Erie Times FCU Website constitutes your agreement to all such terms, conditions, and notices.

Modifications of These Terms of Use:
Erie Times FCU reserves the right to change the terms, conditions, and notices under which the Erie Times FCU Website/Services are offered. You are responsible for regularly reviewing these terms and conditions and additional terms. Your continued use of the Erie Times FCU Site/Services constitutes your agreement to all such terms, conditions, and notices.

Personal and Non-Commercial Use Limitation:
Unless otherwise specified, the Erie Times FCU Site is for your personal and non-commercial use. You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information, software, products or services obtained from the Erie Times FCU Site.

Links To Third Party Sites:
The Erie Times FCU Site/Services may contain links to third party Web Sites ("Linked Sites"). The Linked Sites are not under the control of the Erie Times FCU and the Erie Times FCU is not responsible for the contents of any Linked Site, including without limitation any link contained in a Linked Site, or any changes or updates to a Linked Site. The Erie Times FCU is not responsible for any webcasting or any other form of transmission received from any Linked Site nor is Erie Times FCU responsible for if the Linked Site is not working appropriately. Erie Times FCU is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement by Erie Times FCU of the site or any association with its operators. You are responsible for viewing and abiding by the privacy statements and terms of use posted at the Linked Sites. Any dealings with third parties (including advertisers) included within the Erie Times FCU Site/Services or participation in promotions, including the delivery of and the payment of goods and services, and any other terms, conditions, warranties or representations associated with such dealings or promotions, are solely between you and the advertiser or other third party. Erie Times FCU shall not be responsible or liable for any part of any such dealings or promotions.

No Unlawful Or Prohibited Use:
As a condition of your use of the Erie Times FCU Site/Services, you will not use the Erie Times FCU Site/Services for any purpose that is unlawful or prohibited by these terms, conditions, and notices. You may not use the Erie Times FCU Site/Services in any manner which could damage, disable, overburden, or impair any Erie Times FCU Site/Service(s) (or the network(s) connected to any Erie Times FCU Site/Service(s)) or interfere with any other party's use and enjoyment of any Erie Times FCU Service(s). You may not attempt to gain unauthorized access to any Erie Times FCU Site/Service, other accounts, computer systems or networks connected to any Erie Times FCU Site/Service, through hacking, password mining or any other means. You may not obtain or attempt to obtain any materials or information through any means not intentionally made available through the Erie Times FCU Services.

Termination/Access Restriction:
The Erie Times FCU reserves the right, at its sole discretion, to terminate your access to the Erie Times FCU Services and the related services or any portions thereof at any time, without notice. The Erie Times FCU may also terminate or suspend your access to Erie Times FCU Service(s) for inactivity, which is defined as failing to log into a particular service for an extended period of time, as determined by the Erie Times FCU. Upon termination of the Erie Times FCU Service, your right to use the Erie Times FCU Service immediately ceases. The Erie Times FCU shall have no obligation to maintain any content or to forward any unread or unsent messages to you or any third party.

Copyright and Trademark Notices:
All contents of the Erie Times Federal Credit Union Website are the property of Erie Times Federal Credit Union. All Rights Reserved.

Any rights not expressly granted herein are reserved. 2008 Erie Times Federal Credit Union

Third Party Links Disclosure

revised/approved 04-01-2008

Our site contains hyperlinks to other websites operated by third parties. These links will take you away from our site. The Erie Times Federal Credit Union does not guarantee the accuracy or completeness of any information presented on these sites. Erie Times FCU does not represent either the third party or our member if the two enter into a transaction. The third party's privacy and security policies may differ from those of the Credit Union.

Funds Availability Policy

revised/approved 08-30-2010

Our policy is to make funds deposited at our office, and also any of the Shared Service Center branches nationwide, available to you as soon as possible. However, under certain circumstances, some deposits may be held 2 - 5 business days before becoming available.

The following types of deposits will be made available on the same day as the deposit, or the following business day if they have been deposited after hours at a shared branch office:

Cash deposited in person at the credit union or shared branch office.
Electronic payments received by the credit union for deposit in an account.
U.S. Treasury checks deposited in an account held by a payee of the check.
U.S. Postal Service money orders deposited in person at our office or a shared branch office.
Federal Reserve Bank and Federal Home Loan Bank checks deposited in person at our credit union office or a shared branch office into an account held by a payee of the check.
State or local government checks deposited in person at our credit union or a shared branch office into an account held by the payee of the check.
Cashier's, certified, or teller's checks deposited in person at our credit union office or a shared branch office.
Checks drawn on an account held by the credit union ("on-us" checks) deposited in person at our credit union office.
Deposits that include some checks of types not listed above - The first $200 (or the total amount of the deposit if it is less than $200) of non-"next-day" checks will be available the next business day.

For checks of types not listed above, funds generally must be made available in accordance with a schedule specified in Regulation CC. That schedule varies depending on whether a check is considered "local" or "non-local."

A check is considered "local" if our institution is located in the same check processing region as the paying institution. Funds from local checks will be made available by the second business day following the day of deposit.
A check is considered "non-local" if our institution is not located in the same check processing region as the paying institution. Funds from non-local checks will be made available by the fifth business day following the day of deposit.

The credit union will provide a copy of all "local" routing number prefixes to front end staff that were copied from Appendix A to Part 229-Routing Number Guide to Next-Day Availability Checks and Local Checks of the Federal Register Regulation CC.

Deposits of cash and electronic payments are not eligible for exception holds. The six types of deposits that are eligible are:

Large Deposits (greater than $5,000.00) - Any amount exceeding $5,000.00 may be held. The first $5,000 of the deposit will be made available for withdrawal immediately and the rest within the "reasonable" time frames discussed above.
Re-deposited Checks - May be held unless the check was returned because an endorsement was missing or because the check was post dated. In such a case, if the deficiency has been corrected, the check may not be held as a re-deposited check.
Deposits to accounts that are repeatedly overdrawn - An account may be considered repeatedly overdrawn and items may be held if
1. On six or more banking days during the previous six months the account had a negative balance, or would have had a negative balance had checks and charges been paid, or
2. On two or more banking days during the previous six months the account balance was negative in the amount of $5,000.00 or more, or would have been had checks and charges been paid.
Reasonable cause to doubt the collectability of a check - Doubtful collectability may exist for postdated checks, checks dated more than six months earlier, and checks that the paying institution has said it will not honor. The general criterion for doubting collectability is "the existence of facts that would cause a well-grounded belief in the mind of a reasonable person" that the check is uncollectible. The reason for our belief that the check is uncollectible must be included in the notice to the member.
Checks deposited during emergency conditions that are beyond the control of our institution - Such checks may be held until conditions permit us to provide availability of funds. Examples of emergency conditions are natural disasters, communication malfunctions, and other situations that prevent us from processing checks as we normally do.
Deposits into accounts of new members (opened for less than 30 days) - Next-day availability applies only to cash, electronic payments, and the first $5,000.00 of any other next-day items; the remaining amount from next-day items will be available by the ninth business day.

This policy is subject to review and revision by the Board of Directors. Terms and conditions may be altered in whole or in part by the action of the Board of Directors, following government guidelines.