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Disclosures

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Artwork Copyright © 2008 AAC Credit Union and CU Village. All rights reserved.

Notice of Your Financial Privacy Rights

We, our and us, when used in this notice, mean AAC Credit Union. This is our privacy notice for our
members who have a continuing relationship with us, such as:

  • Deposit Account
  • Loan Account
  • Credit Card
  • Retail installment contract we hold and service
  • Self-directed Individual Retirement Account where we act as custodial or trustee
  • Home mortgage brokerage

We will tell you the sources of nonpublic personal information we collect on our members. We will tell
you what measures we take to secure that information. We first define some terms.
Nonpublic personal information means information about you that we collect in connection with
providing a financial product or service to you. Nonpublic personal information does not include
information that is available from public sources, such as telephone directories or government records.

An affiliate is a company we own or control.

A non-affiliated third party is a company that is not an affiliate of ours

The Information That We Collect


We collect nonpublic personal information about you from the following sources:

*Information we receive from your on applications or other forms

*Information about your transactions with nonaffiliated third parties

*Information from a consumer reporting agency

The Confidentiality Of Your Nonpublic Personal Information


We restrict access to nonpublic personal information about you to those employees who need to
know that information to provide products or services to you. We maintain physical, electronic, and
procedural safeguards that comply with federal regulations to guard your nonpublic personal information.

Nonpublic Personal Information and Nonaffiliated 3rd Parties

We will not disclose your nonpublic personal information to nonaffiliated third parties, except as permitted by law

Nonpublic Personal Information and Former Members

We do not disclose nonpublic personal information about former members, except as permitted by law

Authorized Sharing – Joint Marketing

We may disclose the following information to other financial institutions with whom we have joint marketing agreements:

*Nonpublic personal information we receive from you on an application or other forms such as Name or Address

Federal law allows us to disclose the information listed above with other financial institutions with whom
we have joint marketing agreements. You do not have a right to opt out of the disclosure of this information.
We may also disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law.

Types of Businesses

Here are the types of businesses with whom we may disclose nonpublic personal information under
this section

*Financial service providers, such as Insurance Agents

Reasons for disclosing

Here is why we may disclose nonpublic personal information about you to other financial institutions with
whom we have joint marketing agreements:
*To provide our members with information about additional products and services.

AAC Credit Union Funds Availability Policy Disclosure

Your Ability To Withdraw Funds At AAC Credit Union
Our policy is to make funds from your deposits available to you on the same day we receive your deposit. At that time, you can withdraw the funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 5:00p.m. on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 5:00 p.m. or on a day that we are not open, we will consider that the deposit was made on the next business day we are open.

Reservation of Right To Hold

In some cases, we will not make all of the funds that you deposit by check available to you on the same
business day of your deposit. Depending on the type of check that you deposit, funds may not be available
until the fifth business day after the day of your deposit. However, the first $100 of your deposit will be
available on the first business day after your deposit. If we are not going to make all of the funds from your
deposit available on the same business day, we will notify you at the time you make your deposit. We will
also tell you when the funds will be available. If your deposit is not made directly to one of our employees,
or if we decide to take this action after you have left the premises, we will mail you the notice by the business
day after we receive your deposit. If you need the funds from a deposit right away, you should ask us when the
funds will be available.

Longer Delays May Apply:

We may delay your ability ti withdraw funds deposited by check into your account an additional number of days
for these reasons:

  1. We believe a check you deposit will not be paid
  2. You deposit checks totaling more than $5,000 on any one day
  3. You deposit a check that has been returned unpaid.
  4. You have overdrawn your account repeatedly in the last six months.
  5. There is an emergency, such as failure of communications or computer equipment.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the eleventh business day after the day of your deposit.

Holds on Other Funds
If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it.

If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on
deposit in another account with us. The funds in the other account would then not be available for withdrawal until
the time periods that are described elsewhere in this disclosure for type of check that you deposited.

Patriot Act

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.  What this means for you:  When you open an account, we will ask for your name, address, date of birth, social security number and other information that will allow us to identify you.  We may also ask for your driver's license or other identifying documents.

Schedule of Fees
TypeFee
SERVICE FEES
Account History Printout $1.00
Account Reconcilliation/Research $20.00 per hour
Account Reopen within 90 days $10.00
Address Correction by Post Office/Return Statements $5.00
Check by Phone/Mailed $3.00 - FREE Online
Check Cashing - Member (Payroll & Approved Checks. Waived w/$100 minimum balance.) $3.00/item
Check Cashing - Non Member (Check must be drawn on AAC) $5.00 / item
Christmas Club Early Withdrawal $5.00
Copy/Fax Service $0.25/page
Dormant Account (After 12 months inactivity) $10.00/month
Escheats $50.00
Garnishments (per garnishment) $50.00
IRA transfer to other financial institution (if account closed) $25.00
Minimum Balance Fee (Aggregate balance of less than $100 in all accounts including savings & loans. Members 23 & under exempt. Waived with active checking or Visa account.) $5.00 / month
Money Orders/Cashier's Checks $1.00
NSF/ACH $27.00/item
Return Item $27.00/item
Service Center Transaction $2.50/visit
Statement Copies - current thru 12 months $3.00/month - FREE online
Statement Copies - 13 months & older 6.00 / month
Stop Payment - ACH $30.00
Telephone Transfer (Members 65 and older exempt) $1.00 - FREE online or automated teller
Wire Transfer Domestic $20.00
SHARE DRAFT ACCOUNT FEES (CHECKING)
Courtesy Pay $25.00/item
Draft/Check Copy $2.00
NSF / Check $27.00/item
NSF / Debit $27.00/item
Overdraft Transfer $5.00
Stop Payment / Check $20.00
ATM / DEBIT / VISA CARDS
ATM Transaction Fee (Non Co-op/Jeanie Machine) $2.00
Card Replacement $5.00
PIN Replacement / Mailed $2.00
Visa Late Payment Fee $25.00
ONLINE SERVICES
Online/Mobile/Audio Teller Banking FREE Unlimited
EasyPay Online Bill Pay (FREE w/ direct deposit & e-statements) $4.95 / month
EasyPay Online Bill Pay Inactive (No activity for 30 days) $2.00 / month
LENDING
Fax Mortgage Payoff $15.00
Home Equity Subordination $100.00
Home Equity Rate Modification $125.00
Late Payment $30.00
Loan Subsequent Action $25.00
Loan Processing (Term 12 months or less) $25.00
Loan Reapplication Fee (Reapplication within 3 months of denial. Fee refunded upon approval.) $20.00
Loan Refinance (Less than 6 months) $25.00
Overdraft Line of Credit Advance $1.00

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