Michigan United Credit Union makes available to members various “electronic fund transfer” services, made possible by our advanced electronic data processing system.

We have also provided, and will be providing from time to time, plastic transaction cards to our members. Sometimes two or more persons are furnished such cards relating to a single account in the Credit Union.

When a secret personal identification number (called a “PIN”) is also provided to a member, the transaction card and PIN can be used in any one of a number of automated teller machines (ATMs) or Point-of-Sale (POS) terminals to make “electronic fund transfers” to, from or between one or more accounts in the Credit Union, simply by following the instructions at the machine.

This disclosure is furnished to you as a member of Michigan United Credit Union to meet the requirements of the federal and Michigan statutes relating to “electronic fund transfers,” as well as the requirements of the regulation (Reg. E) issued by the Federal Reserve Board pursuant to the federal statute, whether such “electronic fund transfers” are made by use of an ATM, POS terminal or in any other manner.   This disclosure is a contract.  That is, the terms and conditions set out here are binding on you and on us to the making of such “electronic fund transfers” and the use of the transaction cards and PINs, in the following cases:

  • If you use the account(s) covered by this disclosure after receipt of this agreement.
  • If you already have a transaction card and PIN provided by us and you use them to make such transactions after receipt of this agreement.
  • If you ask us to provide you with a PIN and you thereafter use it, together with your transaction card, to make such transactions.
  • If you receive a transaction card from us without asking for it but then ask us to provide you with a PIN so that you can use the card, and you do thereafter use the card and PIN to make such transactions.

In any such cases, your use of the account(s) or your making of such transactions constitutes your acceptance of the terms and conditions set out in this disclosure.

Although your account(s) may be subject to “electronic fund transfers” and in that regard are subject to the terms and conditions of this disclosure, you may continue to use those account(s) to the same extent and in the same manner that you have in the past insofar as “over-the-counter” and other nonelectronic transactions are concerned.

In this disclosure, “you” and “your” includes the plural in cases where two or more persons have an interest in a single account affected by an “electronic fund transfer” service. “we” or “us” refers to Michigan United Credit Union.


    1. Accounts Affected: Each of the following types of accounts in the Credit Union can be subject to some kind of “electronic fund transfer” service:
      • All share accounts
      • Christmas club shares
      • All deposit accounts
      • Share draft accounts

      Your transaction card will access your primary share account and your share draft account. These types of accounts are sometimes referred to in this disclosure as “asset account(s)” or simply as your “account(s).”

      As is your right, you have previously designated which of your account(s) you want to be subject to any particular type of “electronic fund transfer” service. You may change those instructions in the future, and we will follow your new instructions to the extent our “electronic fund transfer” programs permit at that time.

    2. Limitations On “Electronic Fund Transfers”: There is no limitation on the number or dollar amount of deposit or payment transactions you may make at an ATM during its 24-hour operating cycle. However, to protect against possible losses, the amount of cash and purchases which may be obtained using your transaction card at a POS terminal and an ATM will be limited to a maximum of $375 per transaction card in any one day. Withdrawals are restricted to $100.00 per 24-hour period when the Credit Union is off-line.Dollar limits on MasterMoney transactions are set by the Credit Union on a case by case basis. The Credit Union will notify you of your limit when it is established.We reserve the right to change these limitations and will give you notice of any such change at least 21 days in advance.

      You have the right to require us to program our system so that no more than $50.00 cash can be obtained by use of your transaction card during a single day. Please contact us if you want this option.

    3. Account Agreements: The terms and conditions of the account agreements relating to your accounts with us remain in effect except to the extent modified by this disclosure.
    4. Minimum Balance: You must maintain a minimum of $10.00 in a primary share account to be entitled to make “electronic fund transfers” affecting your account(s). We reserve the right to increase minimum balance requirements or to impose other restrictions in the future, but if we do so we will give you at least 21 days advance written notice.
    5. “Electronic Fund Transfer” Services: At the present time, you can authorize the following types of “electronic fund transfers” to or from your asset account(s) in the Credit Union:Transfers To Your Account(s) (Credits):
      • Direct deposit of various governmental benefits such as Social Security pension, disability and survivorship payments (and S.S.I. benefits); Railroad Retirement board benefits; Army, Navy and Air Force retirement payments; Veterans Administration Compensation payments; Air Force and Marine Corps duty allotments.
      • Deposit(s) from any third party through the facilities of the Michigan Automated Clearing House Association (MACHA), including payroll deduction or net paycheck from various employers who have agreed to send us such deposits through MACHA.

      Automated Teller Machine Transactions:

      If you have a transaction card for which we have issued a PIN, you can use it to make most or all of the following transactions in an ATM–depending upon the servicing network:

      • Deposits to your:
        • Primary share account
        • Share draft account
      • Cash withdrawals from your:
        • Primary share account
        • Share draft account
        • Line of credit
      • Transfers (non-cash) from your primary share account to your share draft account, or from your share draft account to your primary share account
      • Payment on loans*
      • Verify balances in specified share or loan accounts you have with us.*

      *(These are NOT “electronic fund transfers.”)

You have previously told us which of these “electronic fund transfer” services you want to use. You can discontinue use of any such service whenever you want to. If you begin using a different “electronic fund transfer” service after receipt of this disclosure, we must be notified of the account(s) to be affected.

We may make additional types of “electronic fund transfer” services available in the future. We may also discontinue one or more, or all, of our “electronic fund transfer” services, but if we do, we will give you at least 21 days advance notice in writing.

Point-of-Sale Transactions: If you have an automated teller transaction card for which we have issued a PIN, you may use it to pay for goods and services at places that have agreed to accept cards – such as business locations displaying the NYCE™ logo. If you have a MasterMoney card for which we have issued a PIN, you may use it to pay for goods and services from merchants accepting MasterCard network. Payment may only be made from funds in your draft account, access to other accounts is not permitted for POS transactions.

    1. Excluded Transactions: We have developed an elaborate electronic data processing system which makes it possible to offer you many electronic services. However, some of these services do not constitute “electronic fund transfers” for purposes of this disclosure, for example, payroll deduction or net paycheck deposits not made through the facilities of MACHA, automatic transfers from your account(s) to pay your loan(s) owing to us, and automatic transfers between your own asset accounts in the Credit Union. The terms and conditions of this disclosure only apply to those services and transfers which are “electronic fund transfers” as described in Section 5; they do not apply to other transactions which, although electronic in nature, do not constitute “electronic fund transfers” described in that section.
    2. Fees for “Electronic Fund Transfers”: There may be a limitation on the number of withdrawals and/or inquiries you are allowed each month. Fees may be charged for withdrawals, inquiries, replacing your transaction card and/or for PIN replacement. See the Fee Schedule.
    3. Limitations On “Electronic Fund Transfers”: As to transactions other than those made at an ATM or POS terminal, there are, at the present time, no limitations as to how often you can make “electronic fund transfers” described in Section 5. Nor is there any restriction as to the dollar amount of any one “electronic fund transfer.” We reserve the right to impose any such restrictions in the future as we deem reasonable, but we will give you at least 21 days advance written notice before doing so.
    4. Documentation Of Transfers:
      1. You can get a transaction receipt at the time you make any transfer to or from or between your account(s) using an ATM. You will also get a transaction receipt at the time you make any transfer from your checking account using a POS terminal or at a MasterCard merchant.
      2. If you have arranged to have direct deposits (which are “electronic fund transfers” as described in Section 5) made to your asset account(s) at least once every 60 days from the same person or company.
        1. In most cases, the person or company making the deposit will tell you every time they send us the money, but
        2. If that person or company does not give you such notice, then we will let you know if the deposit is not made when scheduled, for example, in the case of Social Security benefits.
      3. You will get a statement every month of each asset account for which you have authorized any “electronic fund transfer” service described in Section 5. For an asset account for which you have authorized no “electronic fund transfers” other than preauthorized credits (for example, Social Security benefits) you will get a statement only quarterly.
    5. Stopping Payments Of Transfers From Your Account(s): The following rules apply only to “electronic fund transfers” as described in Section 5 of this disclosure.If you have told us in advance to make regular payments out of your account, you can stop any of these payments: Here’s how:You MUST call us at (586) 573-4110 or

      Write us at:  Michigan United Credit Union 
      7240 East Twelve Mile Road
      Warren, MI 48092-4006

      in time for us to receive your request three business days or more before the payment is scheduled to be made. If you call, you will be REQUIRED to put your request in writing and get it to us within 14 days after you call.

      We do not currently charge a fee for handling such stop-payment orders. However, we reserve the right to impose a reasonable charge, or to increase such charges, in the future.

      If these regular payments vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment or when the amount would fall outside certain limits that you set; if so, you must make the necessary arrangements with the person you are going to pay.

      If you order us to stop one of these payments three business days or more before the transfer is scheduled and we do not do so, we will be liable for your losses or damages.

      In Section 15 of this disclosure, we will tell you what our business days are.

    6. Reversing “Electronic Fund Transfers”: If an “electronic fund transfer” described in Section 5 was a payment of $50.00 or more for goods or services, you have the right to require us to reverse such transfer and to recredit your account with the full amount of the transfer if (1) you tell us, within four days after the date of the transfer, to make such a reversal, (2) you notify us that you have made a good faith attempt to resolve your dispute with the third party involved, and (3) you assure us that any returnable goods involved in the dispute have been returned.If you notify us in writing, you MUST send the letter to:Michigan United Credit Union
      7240 East Twelve Mile Road
      Warren, MI 48092-4006

      If you phone us, you MUST call at (586) 573-4110.

      If you tell us orally that you want such a transfer reversed, we will send you a form you can use to confirm your reversal request, your notice of attempted resolution of the dispute, and your assurance of the return of any returnable goods involved. You are required to get this form back to us within 14 calendar days after the date of your request for reversal. If written verification is not received, the Credit Union will reinstate the original debits and credits involved in the POS or MasterCard merchant transaction.

    7. Disclosure of Information to Third Parties: The Credit Union will disclose information to third parties about your account(s) or “electronic fund transfers” made to your account(s) only:
      1. Where it is necessary for completing transfers or investigating and resolving errors involving the transfers, or;
      2. In order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant, or the provider of the ATM, or;
      3. In order to comply with government agency or court orders, or;
      4. With your written consent.
    8. In Case Of Errors Or Questions About Your “Electronic Fund Transfers” As Described In Section 5:Telephone us at: (586) 573-4100Write us at: Michigan United Credit Union 
      7240 East Twelve Mile Road
      Warren, MI 48092-4006

      as soon as you can, if you think your statement or an automated teller transaction receipt is wrong or if you need more information about a transaction listed on the statement or receipt. We must hear from you no later than 60 days after we send you the FIRST statement on which the problem or error appeared.

      1. Tell us your name and account number; and
      2. Describe the error or the transaction you are unsure about, and explain as clearly as you can why you believe it is in error or why you need more information; and
      3. Tell us the dollar amount of the suspected error.

      If you tell us orally, we will require that you send us your complaint or question in writing within 10 business days. We will send you a form you can use to make such written confirmation. In Section 15 of this agreement, we list our business days.

      We will tell you the result of our investigation within 10 business days (or 20 business days for POS or MasterMoney merchant transactions) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days (or 90 business days for POS or MasterMoney merchant transactions) to investigate your complaint or question. If we decide to do this, we will recredit your account within 10 business days (or 20 business days for POS or MasterMoney merchant transactions) for the amount you think is in error so that you will have the use of the money during the time it takes us to complete our investigation.

      If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we will be entitled to refuse to recredit your account.

      If we decide that there was no error, we will send you a written explanation no later than the third business day after we finish our investigation.

      You may ask us for copies of the documents that we used in our investigation and we will furnish them to you.

    9. Liability For Failure To Make “Electronic Fund Transfers”: If we do not complete an “electronic fund transfer,” as described in Section 5, to or from your account(s) on time or in the correct amount according to our agreements with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:
      • If, through no fault of ours, your account did not have enough money which was “available for use” to make the transfer. Money may not be available for use when, for example, you deposit funds in the form of a check. The money from the check may not be available for your use until the Credit Union receives the money from the financial institutions on which the check was drawn or for not more than five days.
      • If a malfunction occurs or you improperly use the transaction card, ATM or POS terminal.
      • If the Credit Union has terminated this agreement or the transaction would exceed your established overdraft protection, if applicable.
      • When the Credit Union receives inaccurate or incomplete information needed to complete the transaction.
      • If circumstances beyond our control interferes with or prevents the transaction, despite reasonable precautions that we have taken
      • If the ATM where you are making the transfer does not have enough cash.
    10. The Credit Union’s “Business Days” Are: Monday and Tuesday, 9:00 a.m. to 5:00 p.m. and Wednesday through Friday, 9:00 a.m. to 6:00 p.m.However, the Credit Union is closed on New Year’s Day, President’s Day, Good Friday, Memorial Day, Independence Day (July 4), Labor Day, Columbus Day, Thanksgiving Day, day after Thanksgiving, Christmas Eve, Christmas Day and New Year’s Eve, or any day designated for the observance of any such holiday.We reserve the right to change our business days, hours, and the days we are closed, and if we do so we will notify you in advance.
    11. Regulatory Agency: This disclosure, the ATM services and the POS services provided hereunder are governed in part by federal and Michigan law. You may notify the Federal Trade Commission or the Financial Institutions Bureau of the State of Michigan of any violation of the law at:FEDERAL TRADE COMMISSION
      118 St. Clair Avenue
      500 Mall Bldg.
      Cleveland, OH 44114OR

      Credit Union Division
      P.O. Box 30224
      Lansing, MI 48909

    12. Amendments; Termination: We reserve the right to amend this disclosure (agreement) in any manner and at any time. If we do so, we will give you such advance notice thereof as we deem to be reasonable under the circumstances; however, in the specific cases mentioned earlier, we will give you at least 21 days advance written notice. You agree that we may amend or modify this disclosure without notice if an immediate change is necessary to maintain or restore the security of the system or any account. We also reserve the right to terminate this disclosure (agreement) by sending a notice of such termination by first-class mail to your last known address on our records, which notice shall be effective when mailed.
    13. The effective date of this disclosure (agreement) is July 1, 1996.


  1. Location Of Machines: ATMs and POS terminals are located throughout the State of Michigan. The number and location of the machines is subject to change at any time. If you have a transaction card and PIN, we will keep you informed of their location from time to time.
  2. Card Ownership: All transaction cards and PINS we provide are the property of the Credit Union. If this agreement is terminated, you agree to surrender the card to us.
  3. Secrecy Of PIN: If we have issued a PIN to you, you agree to keep your PIN secret and you also agree that you will not write the PIN on your transaction card or on any item you keep with your card.
  4. Responsibility For Overdraft: If you obtain cash from an ATM or withdraw via a POS transaction which creates an overdraft in your regular share or share draft account, the overdraft amount is due and payable the moment you get it and you agree to pay the full amount of it to us, together with a service charge, if applicable. You also authorize us in such a case, to apply from any other share account, share draft account or line of credit you may have in the Credit Union such amount as may be necessary to pay such overdraft amount and service charge.
  5. Crediting Of Deposits And Payments: Deposits or payments made in an ATM, whether in cash, check, draft, or money order, are subject to verification and the posting of such deposits and payments to share, share draft, or loan accounts may be delayed until they can be collected from the machine, verified, and entered into our accounting system. Further delay may occur if the transaction is made on or immediately prior to a Saturday, Sunday or holiday on which we are closed. If you place a check, draft, or money order in the machine as a deposit or payment, it is subject to collection in accordance with your account agreement with us.
  6. Liability For Unauthorized Use: You should tell the Credit Union AT ONCE if you believe your transaction card has been lost or stolen or if your PIN is compromised or otherwise revealed. Telephoning is the best way of keeping your possible losses down. If you tell the Credit Union within two business days, you can lose no more than $50 if someone uses your transaction card without your permission.If you do not tell the Credit Union within two business days after you learn of the loss or theft of your transaction card and/or PIN and the Credit Union can prove we could have stopped someone from accessing your accounts without your permission if you had given us notice, you could lose as much as $500. Additionally, you will lose all the money that is taken from your account before you notify us that another person no longer has authority to use your transaction card and/or PIN.If your periodic statement shows transfers that you did not make, tell the Credit Union AT ONCE. You must tell the Credit Union within 60 days after the periodic statement was mailed to you. Otherwise, you may lose any money removed from your account after the 60 days if the Credit Union can prove that we could have stopped someone from taking the money if you had given us notice in time. Under these circumstances, you could lose all the money in your account plus your maximum overdraft protection, if applicable.

    If a good reason (such as a long trip or hospital stay) keeps you from giving notice, the Credit Union may extend the time periods.

  7. Notice Of Unauthorized Use: If you believe your transaction card or PIN has been lost or stolen or that someone has transferred the money from your account without your permission, or may be about to do so,call: (586) 573-4110or write: Michigan United Credit Union 
    7240 East Twelve Mile Road
    Warren, MI 48092-4006
  8. Termination Of Prior Agreements: Upon your receipt hereof, this disclosure terminates and takes the place of any earlier “ Michigan United Credit Union Agreement” previously furnished to you.
  9. Use as a Credit Card: If you qualify, you may add on a special credit option for access by use of an ATM or POS terminal. You must specifically request this credit option and approval is subject to the criteria set forth by the Credit Union from time to time. You must enter into an Open-End Overdraft Protection Plan with the Credit Union specifying the terms of credit to be available to you. In the Plan you must also grant us a “consensual” security interest in all of your accounts at the Credit Union.