e-Deposit Terms and Conditions

Service Definitions

"Business Day" is every Monday through Friday, Eastern Time, excluding Federal Reserve holidays.

"Service" refers to Community Choice Credit Union’s e-Deposit Service.

These Services allow you to deposit checks into eligible Community Choice Credit Union accounts from a remote location by scanning the items with a TWAIN compliant flatbed scanner or with a compatible mobile device which then delivers the images and associated deposit information to us electronically. In accordance with this Agreement, you may use this Service for non-business, personal use. Additional Terms and Conditions for Community Choice Credit Union Business Members are included at the end of this document. In order to use this Service, you must obtain and maintain, at your expense, compatible hardware. We are not responsible for the functionality or maintenance of any third party hardware or software you may need to use the Service.

Terms and Conditions Acceptance

The acceptance of these Terms and Conditions and use of the Service means you agree to all terms and conditions in this Agreement. Please read this document carefully and keep a copy for your records.

Eligibility and Qualification Requirements

To qualify for this Service, you must meet eligibility criteria as dictated by us, including having all accounts in good standing.

Eligible Accounts

All consumer checking and savings accounts are eligible for this Service except:

a. Trust Accounts

b. Holiday Savings

c. Estate Accounts

d. Captain Choice Accounts

Limitations of Service

When using this Service, you may experience technical or other difficulties. We do not assume liability for any technical or other difficulties that you may incur. We reserve the right to change, suspend, or revoke services immediately and at any time without prior notice to you. In the event this Service is not available to you, you acknowledge that you can deposit your check at a branch office location, through a participating ATM, or by mail.

Charges or Fees

Community Choice Credit Union does not charge a usage fee for this Service. We reserve the right to start charging for this Service at any time. If an item you transmit for deposit is dishonored, rejected or otherwise returned unpaid, you agree that we may charge back the amount of the return to the account the check was originally deposited to and you will be assessed a fee in the amount shown on Community Choice Credit Union’s current Fee Schedule for a returned check. If there are not sufficient funds in your account to cover the amount of the returned check, the account will be overdrawn and you will be responsible for payment. You agree that Community Choice Credit Union may debit any account maintained by you in order to obtain payment of your obligations under this Agreement. You acknowledge that wireless providers may assess fees, limitations, or restrictions. You agree that you are solely responsible for all such fees, limitations, and restrictions, and that we may contact you via your wireless device for any purpose concerning your accounts at Community Choice Credit Union, including but not limited to account servicing and collection purposes.

Eligible Items

You agree to scan and deposit only checks as that term is defined in Federal Reserve Regulation CC, Availability of Funds and Collection of Checks.

Ineligible Items

You agree that you will not use this Service to scan and deposit any ineligible items including but not limited to the following:

a. Checks or items payable to any person or entity other than you

b. Post-dated checks

c. Checks or items containing an obvious alteration to any of the fields on the front of the check or item which you know or suspect, or should know or suspect to be fraudulent

d. Checks or items drawn or otherwise issued by you or other joint owners on any of your Community Choice Accounts

e. Checks or items not payable in United States currency

f. Items drawn on financial institutions located outside the United States

g. Items previously converted to a substitute check

h. Consumer loans, credit card, and mortgage payments

i. IRA and Share Certificate deposits

j. Travelers checks

l. Amex Gift Cheques

m. Savings bonds

n. Checks that require authorization (e.g. COMCHEKS)

o. State-issued registered warrants

p. Checks from another financial institution to a closed account

Image Quality

The image of the item transmitted to us must be clearly legible. The image being transmitted must comply with all standards for image quality established by ANSI, clearing house, association or any other regulatory agency.

Endorsement Requirements

You agree to endorse all items with your signature and print "For e-Deposit Only at CCCU" on all items. Community Choice Credit Union reserves the right to reject all items that are not endorsed as specified.

Deposit Limits

When using the Service to deposit funds such deposits are limited to $9,999 per business day.

Receipt and Processing of Items

We reserve the right to reject any item transmitted through this Service, at our discretion. We are not liable for items we do not receive or for images that are not transmitted completely. An image is considered received when we transmit to you an e-Deposit receipt. However, such notification does not mean that the transmission was without error.

Provisional Credit and Availability of Funds

Community Choice Credit Union’s deposit cutoff time is 3:00 pm EST. Deposited funds will be available in accordance with Community Choice Credit Union’s Funds Availability Policy Disclosure.Credit given for deposited items is provisional and subject to final approval. You agree to receive all notifications regarding your use of this Service, including but not limited to exception notices as required by Regulation CC via electronic message. With respect to each item you send to Community Choice Credit Union for deposit, you agree to indemnify and reimburse Community Choice Credit Union for and hold Community Choice Credit Union harmless from and against any and all losses, costs, and expenses.

Method of Presentment

The manner in which items are cleared, presented for payment, and collected shall be in Community Choice Credit Union’s sole discretion.

Retention and Disposal of Items

You agree to retain each item no fewer than two business days after your funds have been posted to your account. Upon receipt of these funds, you agree to mark the items prominently as Void and to dispose of the item(s) in a way that prevents representing for payment. You agree to store each retained item in a secured locked container until such proper disposal is performed. You will promptly provide any retained item to Community Choice Credit Union as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any item.

Errors or Discrepancies

Notify Community Choice Credit Union at 1-877-243-2528 as soon as possible if you believe your statement is incorrect, or if you need more information about a transaction listed on the statement. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem appeared. If you do not notify us within 60 days from the date your statement was sent, you may not be compensated for any losses.

Security Requirements

To prevent unauthorized usage of the Service, you agree to ensure the security of the personal computer and/or mobile device you own and use to access the Service. By securing these devices, we specifically mean installing operating system patches, antivirus software, firewall and spyware detection as applicable and keeping this security software current, as well as securing the physical device from theft or unauthorized use. Additionally, Community Choice Credit Union may also request additional information from you.

Authorized Users

If you have designated an authorized user on your account, your Authorized User will also have online access to the e-Deposit Service. You and your Authorized User(s) are equally responsible for adhering to all items disclosed in this Agreement.

Disclaimer of Warranties

Community Choice Credit Union’s representations, warranties, obligations, and liabilities and your rights and remedies, set forth in this Agreement, are exclusive. The software is provided by Community Choice Credit Union and its licensors as is and on an as available basis. We disclaim all warranties of any kind as to the use of the services, whether express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose. We make no warranty that the services (i) will meet your requirements, (ii) will be uninterrupted, timely, secure, or error free, (iii) that the results that may be obtained from the service will be accurate or reliable, and (iv) that any errors in the services or technology will be corrected.

Limitation of Liability

Community Choice Credit Union’s liability for errors or omissions with respect to the data transmitted or printed by Community Choice Credit Union will be limited to correcting the errors or omissions.

User Warranties and Indemnification

You warrant to Community Choice Credit Union that:

a. You will only transmit eligible items that are properly endorsed.

b. Images will meet the image quality standards.

c. You will not transmit duplicate items.

d. You will not deposit or re-present the original item once it has been scanned and sent through this Service, unless specifically requested to do so by Community Choice Credit Union.

e. All information you provide to Community Choice Credit Union is accurate and true.

f. Community Choice Credit Union will not sustain a loss because you have deposited an image.

g. You will comply with this Agreement and all applicable rules, laws, and regulations.

h. Items you transmit do not contain viruses.

You agree to indemnify and hold harmless Community Choice Credit Union from any loss for breach of the warranty provision.

Change in Terms

Community Choice Credit Union reserves the right to change the terms and conditions of this Service or terminate this Agreement without notice at any time.

Governing Law

This Agreement supplements the terms of your Membership Agreement and Disclosures. Together they constitute the entire Agreement between you and Community Choice Credit Union with respect to the services. You may not assign this Agreement. This Agreement is governed by the laws of the State of Michigan and of the United States. A determination that any provision of this Agreement is unenforceable or invalid shall not render any other provision of this Agreement unenforceable or invalid. Unauthorized use of this Service is strictly prohibited.

Additional Terms and Conditions - Business Members

In addition to the above, the following terms and conditions apply to the use of the Services by a business member. In this section, the words “Member,” “you” or “your” refer to the business.

Authority

Member warrants and represents to the Credit Union that it has full and complete authority to enter into this Agreement. We may accept oral or written instructions (including written instructions sent via facsimile or other electronic transmission) from any person who is described as an authorized representative or authorized person of Member (collectively, “Authorized Person”). We may require further written confirmation of instructions given orally or by facsimile. Each Authorized Person is authorized to conduct any transaction within the scope of the Services. We may rely on any written notice containing signatures of an Authorized Person if we believe, in good faith, that the signature is genuine. Each Authorized Person may act alone notwithstanding any instruction to the Credit Union that two or more Authorized Persons must act jointly. If we receive conflicting instructions from Authorized Persons, we may: (1) honor one or more of the instructions received; (2) refuse to honor any of the instructions until the Credit Union receives instructions to which all Authorized Persons agree; or (3) submit to a court all funds which are subject to the conflicting instructions (at which time the Credit Union shall be automatically discharged from any obligations with respect to such funds).

No Litigation

There is no action, suit or proceeding pending or to Member’s knowledge threatened which, if decided adversely, would impair Member’s ability to carry on its business substantially as now conducted or which would adversely affect Members’ financial condition or operations. All information provided by you to us is true and complete and properly reflects the business, financial condition and principal partners, owners, or officers of Member.

Change in Structure

Member shall provide written notice to the Credit Union of any changes to the information provided by Member to the Credit Union, including but not limited to: additional locations, any change in business, any new business, the identity of principals and/or owners, the form of business organization, type of goods and services provided, and method of conducting sales. Such notice must be received by us within five (5) business days of the change. Further, upon our request, you shall provide updated information within (5) business days of such request. We retain the right to: (1) review your business activity from time to time to confirm Member is conducting business as stated by Member; and (2) re-price or terminate the Services based on changes to the facts previously stated by Member.

Statement of Business Purpose

Member agrees that Member has represented to the Credit Union that Member is using the Services for business and/or commercial purposes and that the Services will only be used for business and/or commercial purposes. Member agrees that it will not use the Services for any personal, family or household purposes.

Check Retention and Destruction

For the retention period described above, original checks shall be maintained in a secure fashion under procedures similar to which Member maintains other confidential or proprietary information.

Deposit Limit

Your daily deposit limit will be established by our Business Services Department, whom will notify you of your daily deposit limit.