Important Information Regarding the BECU
Account Agreements
This notice is an addendum to BECU's Account
Agreements. Except as described below all other
terms and conditions of our Account Agreements
remain the same. The following changes are
effective as of May 7, 2012.
Section II FUNDS AVAILABILITY POLICY
The section titled 2. Delays May Apply, (b) Account
Status, is revised by removing “New Member in last
three (3) months” from the third sentence and
including a new first sentence, as indicated in bold
font below:
b. Account Status. New Members’
accounts will be subjected to sections
2(a), 3, 4, and Specific Funds Availability
as indicated in section 2(c), for up to 90
days. …
… However, if your account history with
BECU meets any of the following conditions,
your account will be subjected to sections
2(a), 3, 4, and Specific Funds Availability as
indicated in section 2(c), for one (1) year:
Past Due status on a loan in a twelve (12)
months period; six (6) or more NSFs in a
twelve (12) month period; two (2) or more
ATM deposits with empty envelopes in a
thirty (30) day period; ...
Section III ELECTRONIC FUNDS TRANSFER
SERVICES
The section titled 2. Limits on Services (a) and (b)
are revised as indicated in bold font below:
a. ATM Transactions – The maximum
combined amount that you and any joint
account holder(s) may withdraw from
your account(s) via ATM will be at least
Five Hundred Dollars ($500) per day.
…..
b. Debit Card Transactions - The
maximum combined amount that you
and any joint account holder(s) may
purchase
through
POS
based
transactions will be at least Fifteen
Hundred Dollars ($1500) per day. …
BECU Funds Availability Policy and EFT Services May 7, 2012