ONLINE DEPOSIT SERVICE AGREEMENT

This disclosure provides important information required by the Electronic Fund Transfer Act. By clicking the “I Agree” button, you consent to sign up for the Online Deposit service, agree to receive electronic communications, and accept the terms and conditions of this service using your electronic signature. Read both parts of this agreement carefully and keep a copy for your records.

Part I: Agreement to Receive Electronic Communications
You will receive important information required by the Electronic Fund Transfer Act electronically. Read this notice carefully and keep a copy for your records.

The following information will be provided electronically: Online Deposit Terms and Conditions. Immediate use of Online Deposit Service is available to you only if you accept the electronic terms and conditions. To receive this information electronically, you will need Microsoft Internet Explorer 5.5 or greater (with 128 bit encryption), Netscape Navigator 4.76 or greater (with 128 bit encryption), or AOL 5.0 or greater (128 bit encryption). You must have access to a computer that satisfies these requirements. You must have access to a printer, or the ability to download information, in order to keep copies of the electronic agreement and terms and conditions for your records.

Right to Withdraw Electronic Disclosure Consent- You have the right to withdraw your consent to receive electronic disclosures. To terminate Online Deposits or to update your information (e.g. change of Internet e-mail address), you should call CECUCECU’s toll free number 888-897-2323 or you may e-mail us at cecu@mdc.mo.gov.

Paper copies of Service Agreement – If at anytime you wish to receive a paper copy of the Agreement for this service, please print the agreement located on the Online Deposit screen or you may request a copy from one of our Member Service Representatives by calling 888-897-2323, or by writing to CECU, PO Box 180, Jefferson City, MO 65102

By selecting the “I Agree” button, you are requesting that the following Online Deposit Terms and Conditions be provided to you in an electronic format. In addition, you are acknowledging that you are able to access the information in electronic form through the Internet and that you are able to retain this information by printing it or by downloading it.

Part II: Online Deposit Terms and Conditions
CECU Online Deposit Service is available, as an additional service to CECU Virtual Branch product, to members in good standing. Use of this service will constitute acceptance of the terms and conditions presented specifically for this service. All other Regulation E, and Regulation CC (check hold) disclosures and Terms of Agreement previously set forth for CECU Virtual Branch will remain in effect.

Deposit of Funds
As a member, you may deposit up to $10,000.00 (ten thousand dollars) into your savings and share draft by key-entering required information during each deposit batch. A Deposit Batch occurs when you select the Online Deposit option in Virtual Branch, select appropriate account number, key-enter a deposit item or multiple deposit items, and then post the total amount to your account. You may complete more than one Deposit Batch as long as the $10,000 maximum deposit limit is not exceeded. You may not deposit cash through this service. The total amount posted during each Deposit Batch will be credited to your account on the same date your deposit entry is made. Your deposit will be available immediately for use.

In exchange for availability of funds using our Online Deposit Service, you agree to:

Record a Deposit Confirmation Number that will be assigned by CECU on your mailing envelope;

Not include any other correspondence or material of any type with the deposit items mailed to CECU;

Use the pre-addressed envelopes provided to you ONLY for mailing the contents of each Deposit Batch to CECU;

Promptly mail the contents of each Deposit Batch no later than one day after the date that you completed your Deposit Batch;

Mail the contents of each Deposit Batch (the items being deposited) in a single envelope to CECU and agree not to mail the contents of more than one Deposit Batch in a single envelope; For example, if Joe Member deposits three checks to his account during one Deposit Batch, those same three checks must be mailed together in one envelope. If Joe completes a second Deposit Batch, the contents of that Deposit Batch must be mailed together in a second deposit envelope.

Fully cooperate with CECU in any investigation involving lost mail or missing deposit items from your deposit envelope. For example, we may require you to validate any missing deposit items by providing documentation that includes but is not limited to payroll statements, check stubs, information about the maker of the deposit item, etc.

Deposit items received and processed by CECU within the 10-day grace period will refresh the available deposit limit on the account. For example, a single $1,500 deposit will restrict additional Deposit Batches to the account until the deposit item is processed by CECU. CECU will not be liable for negative balances on accounts caused by the non-payment of checks due to insufficient funds, delays in the mail service, lost mail or for any action by you or anyone you authorize to use the service that results in the reversal of a deposit on the account.

Deposits Not Received or Missing Deposit Items
The deposit items that make up the total deposit in each Deposit Batch must be received by CECU within a 10-calendar-day period that begins the day after the date of each Deposit Batch. If the deposit items are not received by CECU within the 10-calendar-day period, the deposit total may be reversed on your account. This may result in a negative Share balance on your account. If you think you made an error during a Deposit Batch, or if you omitted a deposit item from your deposit envelope, or you have a question about your deposit, you may e-mail us at cecu@mdc.mo.gov, call us at 888-897-2323, or write us at: CECU, PO Box 180, Jefferson City, MO 65102.

If you notify us that you mailed the deposit item(s) that made up the total deposit in a Deposit Batch, and CECU determines that your deposit envelope is lost in the mail or a deposit item is missing from your deposit envelope, CECU will begin an investigation. You agree to fully cooperate with CECU in the investigation by performing the following steps:

You agree to contact the maker of any missing deposit item(s) within two days of the start of the investigation to obtain replacements for the missing deposit items.

You agree to validate each missing deposit item by providing us with documentation that includes but is not limited to payroll stubs, check stubs, information about the maker of the deposit item or any other documentation that supports the validity of each missing deposit item that will be used by you to obtain a replacement item from the maker of each original missing deposit item.

We will credit your account for the amount of each missing deposit item validated by you, from the Deposit Batch under investigation, for a period of no longer than 30 days, so that you have full use of the money and to give you sufficient time to obtain a replacement item(s). CECU will not credit your account for any missing deposit item you fail to validate. If additional time is required to obtain a replacement deposit item(s), we may decide, at our option, to extend the temporary credit on your account for the amount of the deposit item(s), so long as you provide us with written documentation from the maker(s) of the deposit item(s) that supports the need to extend the time frame. CECU will not be liable for negative balances on accounts caused by the non-payment of checks due to insufficient funds, delays in the mail service, lost mail or for any action by you or anyone you authorize to use the service that results in the reversal of a deposit on the account.

Unacceptable Deposits
You agree that the following items will not be considered an acceptable deposit under the Online Deposit Service Agreement. Deposits of the nature described below will result in the immediate reversal of the deposit to your account and may result in the suspension of this service. A deposit reversal means the amount of the item deposited will be removed from your account and will reduce your account balance. The reversal may also result in a negative Share balance on your account and may subject you to collection efforts.

Unacceptable deposits include the following:

Deposit of CECU Check Drawn on Personal Account - The deposit of a personal check that is drawn on the account holder’s personal checking account at CECU is PROHIBITED. Deposits of this nature will result in the immediate revocation of this service.

Non-Negotiable Items - The deposit of any item stamped with a “non-negotiable” watermark is PROHIBITED. Deposits of this nature will result in the immediate revocation of this service.

Altered Checks - An altered check is any check that contains evidence of a change (correction fluid, crossed out amounts, etc.) to information on the face of the check. Members with altered checks MUST get a replacement check from the maker before CECU will accept the deposit.

Foreign Checks - A foreign check is any check that is issued to you by a financial institution in another country (Canada, France, etc.).

Incomplete Items - An incomplete item is any item that does not contain signatures of the maker, endorsement signatures, or is missing any of the information required during key-entry in a Deposit Batch.

Stale Dated Checks - Certain checks contain instructions such as: “Void 90 days after issue date” or “Must be cashed within six months of issue date.” Members with stale dated checks MUST get a replacement check from the maker before CECU will accept the deposit.

You authorize CECU to obtain and evalutate your credit report. This condition applies only if you do not have a current loan, debit card line, or credit card with CECU.

Upon acceptance of both parts of the Online Deposit Service Agreement, you agree to abide by specific terms and conditions put in place to ensure the timely processing of the Online Deposits. Any action by you or anyone you authorize to use this service that results in the violation of the terms and conditions set forth in this Agreement, will result in termination of this service.

CECU reserves the right to reduce deposit limits, discontinue this service or to suspend account access at any time due to a change in business conditions or the failure of any member to abide by the Terms and Conditions of this service, or any other applicable CECU Agreements and Disclosures.