Membership and eStatement Agreement

Membership Requirement and eStatement Agreement

I acknowledge that I am applying for Membership in the University of Illinois Community Credit Union. I agree to follow its by-laws and amendments, pay any membership or entrance fee and subscribe for at least one share.

By acknowledging I agree to the terms and conditions of the Membership and Account Agreements, Account disclosures, Truth-in Savings, Rate and Fee Schedule, Funds Availability Policy Disclosure, if applicable, and to any amendment the Credit Union makes from time to time which are incorporated herein. I acknowledge receipt of a copy of the Agreement and Disclosures applicable to the accounts and services requested herein.

NOTICE OF EXPULSION POLICY: The Credit Union, in the interest of protecting the assets of the Credit Union and maximizing dividends to members, has adopted the following policy. This policy provides for expulsion of members who cause a loss or who engage in criminal or abusive behavior with the Credit Union. Expulsion may result, upon board action, in the situations described below.

• Member’s failure to pay amounts due under a loan. “Amount due” includes, without limitation: principal; interest; fees and charges; financed insurance premiums; collection agency charges or attorneys’ fees incurred in collecting amounts due under a note or guarantee, in repossessing and liquidating collateral under a security agreement, or in obtaining a deficiency judgment. A member who files for bankruptcy, but signs an enforceable reaffirmation agreement or otherwise voluntarily makes arrangement to repay all amounts due, will remain eligible for membership.
• Member’s failure to provide collected funds to cover any account transaction.
• Member’s failure to provide collected funds to cover Credit Union drafts purchased by the member.
• Member’s failure to pay fees or charges due the Credit Union for any reason.
• Members who have caused a loss due to bankruptcy, but in the sole discretion of the management of the Credit Union, establishes that the loss was unavoidable and the result of extraordinary hardship resulting from loss of job, serious family illness, dissolution of marriage, or death in the immediate family, will remain eligible for membership.
• Members who engage in check kiting, attempted or actual deposits or cashing of counterfeit or stolen checks or other negotiable items, ATM transfers between checking and savings accounts which result in overdrafts of both accounts, attempted or actual theft of credit union or other member’s funds, or similar activities whereby the member illegally attempts to obtain funds not due the member.
• Members threatening staff who deny loan applications or other services, members who engage in inappropriate conduct or language directed at staff based on sex, race, national origin, marital status, sexual orientation, physical or mental impairment, age, or membership in the uniformed services, or similar activity whereby staff are subjected to verbal or physical abuse.
• Members who fail to protect blank personal checks as evidenced by repeated claims of lost checks and unauthorized transactions (particularly when the forgeries are committed by persons living in the member’s household), or fail to protect access cards and security information such as personal identification numbers as evidenced by repeated claims of unauthorized transactions (particularly when the unauthorized transactions are committed by persons living in the member’s household), or engage in similar activities resulting from repeated failure to keep their accounts and records secure.
• Members who use or attempt to use false or forged documents or false information to obtain credit or access to an account.
• Members who use or attempt to use false identities.
• Members who fail to maintain one or more shares at the Credit Union.