General Terms:

The following terms and conditions are agreed to by you and us with respect to your deposit account(s) with us.  In this agreement references to "you" and "your" mean that accountholder(s) and anyone who has authority to utiize the account(s).  "We", "us" and "our" mean the financial institution which holds your account(s).  To the extent that any of the following terms are void or unenforceable under applicable law, this agreement shall be treated as if such term did no exist and all of the other terms shall continue in full force and effect. 

All of the terms set forth in any Disclosure Statement given to you in connection with your account(s) are hereby made a part of this agreement and shall govern the use of your account(s).  In the event of any conflict, the terms set forth in the Disclosure Statement shall control.  By signing a signature card with respect to your account(s) you agree to all of the term set forth herein.

This agreement shall be subject to the laws of the United States of America and the state in which the office of the financial institution at which you maintain your account is located.

 BYLAWS

The bylaws of our Credit Union and determine basic rules of operations and policies associated with your accounts and membership.  These bylaws are subject to change and maybe amended from time to time.  A copy of the bylaws will be made available to you at your request.

 TYPE of ACCOUNTS.

The following terms apply with respect to each type of account described below:

 (a) Individual Account- An account standing in the name of one accountholder.

 (b) Joint Account - With Survivorship (And Not As Tenants In Common) -

 Joint Account - An account in the name of two or more accountholders.  Each of you may exercise any rights with respect to the account, including the right to withdraw funds from the account singly, unless we agree to the contrary.  All joint accounts shall be treated as accounts with the right of survivorship which means that when one of the accountholders dies, the surviving accountholder(s) will own the account and will have all of the rights with respect to the account.

 (c) Revocable Trust Account - An account which is opened by a trustee for the benefit of another person.  Only the trustee may withdraw funds from such account. In the event of teh death of the last trustee on the account, payment may be made to the beneficiary of the account or the person's legal representative.

RULES RELATING TO FUNDS DEPOSITED IN YOUR ACCOUNT(S).  Any deposit which you make into your account(s) will be treated as having been received on the date of deposit unless it ismade after our cut-off time.  Our cut-off time may not be earlier than 2:00 pm on any business day that we are open.  Any deposits we receive after our cut-off time on any business day we are open, or that are received on a date we are not open will be treated as if received on the next business day that we are open.  We will give provisional credit with respect to items deposited to your account(s) and may revoke any provisional credit that we have given if the item is not finally paid.  We will give final credit for any cash that is deposited into your account(s).  Any item that is payable in foreign currency will be credited to your account(s) at the exchange rate in effect when we receive final payment in United States dollars.

Funds that are deposited into your account(s) will be made available for withdrawal or the payment of checks drawn on your account in accordance with our Funds Availability Policy.

 Direct Deposit - If you have an agreement with us by which funds may be directly deposited in to your account(s), any amount which must be returned to the United States of America, or any agency thereof, for any reason will be automatically deducted from your account(s) or from any other account you may have with us, to the extent prohibited by law. We may also pursue any other remedy available to us to recover any funds that have been deposited into your account(s) and which we are required to return to the United States of America, or any agency thereof.

Right of Set-Off - To the extent permitted by applicable law, we may set-off any funds in your account(s) against any obligation that you owe to us now or in the future.  This right of set-off does not apply if (I) your account(s) is an IRA or other tax qualified retirement account. (II) the identity of the obligor to us and the accountholder are not the same or (III) the obligation to us arose in a consumer credit transaction where a credit card was used to create the obligation.  You should be aware that if we exercise our right of set-off, there may not be sufficient funds in your account(s) to cover any check that is presented to us after we exercise our right of set-off.  We will have no liability for the dishonor of any such check.

Fees and Changes - We will provide you with a schedule of fees and charges which may be applied against your account(s).  You authorize us to charge your account(s) for these fees and charges as applicable.  To the extent that there are insufficient funds in your account(s) to cover such fees and charges, you agree to pay us such fees and charges forthwith.  We may assess a reasonable charge against your account(s) when we dishonor any item that is presented for payment from your account(s) and which  is dishonored because of insufficient funds.  The amount of all fees and charges that we may assess against your account(s) is set forth in our schedule of fees and charges.

Withdrawals from Account(s) - Unless we have agreed with you otherwise and have indicated our agreement on your account(s) records, each of you, acting singly, may withdraw funds from your account(s) by signing as the maker of any check, signing any withdrawal order, or otherwise as we may permit.  Any of you may endorse any item payable to you or your order for deposit into your account(s).  You agree not to postdate any check  or other order of withdrawal.  If you do postdate any item, you agree that we may charge your account(s) for the item even though payment is made before the date on the check.  We will not do this if we have received written notice from you with respect to such postdating which notice must be delivered in time for us to have a reasonable opportunity to act on it and must identify the check by date, number, amount of payee.

We are not obligated to honor any item presented for payment against your account(s) unless there are sufficient available funds to pay such item.  If we do pay any such item and, as a result, an overdraft occurs in your account(s), you agree to immediately deposit sufficient funds in your account(s) to eliminate such overdraft.

We may require that you provide us notice in writing at least 7 days prior to each withdrawal from any account you have with us that bears interest (other than a time deposit) or from any savings account as defined by Regulation D issued by the Federal Reserve Board.  You may be subject to a penalty in the event that you withdraw funds from  a time account priot to its maturity or prior to the expiration of any notice period.  The existence and amount of any such penalty will be set forth in your truth-in-savings Disclosure Statement.

Wire Transfers - If you originate a wire transfer for which FedWire is used, you understand that said transfer is subject to Article 4A of the Uniform Commercial Code.  If you originate a fund transfer by wire and you do not property identify the name of the beneficiary, the beneficiary's account  number, the beneficairy's financial institution, any intermediary financial institution, or provide any other necessary information, you shall bear the loss (if any) caused by such failure to properly provide the required information.  We shall have no liability to you for any such loss even though we could have prevented such loss by conforming the accuracy of the information which you provided.

Automated Clearing Houses - In the event that any transaction related to your account(s) utilizes the services of an automated clearing house, you agree to be bound by the rules of such automated clearing house or any association to which it belongs. These rules may provide, among other things, that payment made to you, or originated by you, will be provisional until final settlement is made through a Federal Reserve Bank or payment of the same is otherwise finally made as provided in Article 4A-403 (a) of the Uniform Commercial Code.  In the event that any amount is credited to your account(s) and we do not receive final payment with respect to the same, we shall be entitled to a refund from you of the amount so credited to your account(s).

Stop Payment Orders - You may stop payment on any item that you have drawn against funds in your account(s).  We must receive your stop payment order in time for us to have a reasonable opportunity to act upon it.  Our cut-off time for stop payment orders is one hour after our opening of the next banking day after the banking day on which we received your check.  If you request us to stop payment on an item orally, we may request that you confirm your stop payment order in writing.  If we do not receive your written confirmation of the stop payment order within 14 days, your stop payment order will no longer be effective.  Any written stop payment order will only be effective for six months and if you wish to renew the stop payment order at the end of said six months, you must so advise us in writing.

Any stop payment order must accurately identify the item to which it applies, including any check number, the amount of the check, your account number, the date of the check and the payee of the check.  Any stop payment order received by us will be effective even though it is signed by an accoutholder other than the accountholder who initially signed the item to which it applies.  However, if you wish to cancel a stop payment order, the person who initiated/signed the stop payment order must also intiated/ sign the cancellation.

Use of Restrictive Legends - We are not obligated to honor any restrictive legend you place on any item you write unless we have agreed in advance in writing to honor such restriction.

Order of Payment of Items Drawn on Your Account(s)

We may pay items presented on your account in any order which we choose.  Typically we will attempt to pay items presented against your account to the extent possible, but if you do not have sufficient available funds in your account(s) to pay all of the items presented against your account on a single banking day, we may select which items to pay and which items to dishonor.  We will have no liability to you as a consequence of any such selection.

Telephone Transfers - If you have a telephone transfer agreement with us, accountholders who are entitled to withdraw funds from your account(s) may authorize a transfer from your account(s) via telephone.  Telephone transfers from a savings account to another account or to a third party are not permitted if they would exceed six such tranfers per month (less other transfers limited by the terms of Regulation D of the Federal Reserve Board.) Telephone transfers priviledges are not permitted unelss you have an express written agreement with us authorizing such transfers.

Periodic Statements -  If you have a statement account(s), we will deliver to you a statement of your account periodically.  You must examine your statement promptly.  If you discover or shoud have have discovered any unauthorized withdrawal from funds in your account(s), you must immediately notify us of your discovery and provide us with all information necessary for us to determine whether the withdrawal was unauthorized.  To the extent that you do not promptly notify us of any such unauthorized withdrawal, you may be liable for any loss which is thereafter sustained which we could have prevented had you promptly notified us of the unauthorized withdrawal.  You agree that you will not have acted promptly if you fail to examine your statement and report any unauthorized withdrawal to us within 30 calendar days of the date that the statement was sent to you or made available for your examination.

You agree that if you fail to provide notice to us of any unauthorized signature, alteration, forgery, or other error with respect to your account within 60 days of when we sent you the statement or made it available to you , you will not be able to assert claim against us with respect to any item(s) reflected in such statement.

Non-Assignability of Account(s) - You may not transfer or assign your account(s) to any third party without our prior written consent.  Any such attempted transfer or assignment shall be void with respect to us.

Credit Reports -  In connection with your account(s), you hereby authorize us to obtain a consumer credit report on you from any credit reporting agency.

Abandoned Accoutns - If an account has been deemed abandoned under Massachusetts law because there has been no account activity (for example, some form of customer initiated transaction or communication) for a period of three years, we must turn the funds in the account over to the Commonwealth of Massachusetts.  We will attempt to notify you in writing before this takes place.  Funds which have been turned to the Commonwealth can be reclaimed from the Commonwealth, but proof of ownership will be required before payment will be made by the Commonwealth.

Change of Address - You agree to notify us in writing of any permanent change of address.  Any notice or statement mailed to the last address appearing on our records will be deemed delivered and binding for all purposes.

Unlawful Use- You agree not to use any of your accounts, access devices or services for unlawful internet gambling or other illegal activities.