The Credit Union is not responsible for any third party hardware or software you may need to use the Services. See current remote deposit capture hardware and software specifications. In order to use the Services, you must obtain and maintain, at your expense, compatible hardware and software as specified by the Credit Union from time to time. We reserve the right to change, suspend or discontinue the Services, in whole or in part, or your use of the Services, in whole or in part, immediately and at any time without prior notice to you.
Some of the Services have qualification requirements, and we reserve the right to change the qualifications at any time without prior notice. We may attempt to notify you of these interruptions in Service, but cannot assume responsibility for any technical or other difficulties or any resulting damages that you may incur. When using the Services, you may experience technical or other difficulties. Your continued use of the Services will indicate your acceptance of any such changes to the Services. Further, we reserve the right, in our sole discretion, to change, modify, add, or remove portions from the Services. Your acceptance of the revised terms and conditions, along with the continued use of the Services, will indicate your consent to be bound by the revised Agreement. You will be prompted to accept or reject any material change to this Agreement the next time you use the Service after we have made the change. We will notify you of any material change. This Agreement is subject to change from time to time. Your use of the Services constitutes your acceptance of this Agreement. Remote deposit capture services ("Service(s)") are designed to allow you to make deposits to your credit union qualifying checking accounts from remote locations by scanning/imaging checks and delivering the images and associated deposit information to the Credit Union or the Credit Union’s designated processor. Other agreements you have entered into with the Credit Union, including your Membership Agreement and/or Business Membership Agreement, as amended from time to time, are incorporated by reference and made a part of this Agreement. This Remote Deposit Capture Agreement ("Agreement") contains the terms and conditions Greenville Federal Credit Union ("Credit Union", "us," "we," or “our”) may provide you ("you," “your”, or "User"). In § 229.21(a), the civil liability amounts of $1,000 and $500,000 will be adjusted to $1,100 and $552,500 respectively.Remote/Mobile Deposit Capture Terms and Conditions Agreement.The new-account amount of $5,000 in § 229.13(a), the large-deposit threshold of $5,000 in § 229.13(b), and the repeatedly overdrawn threshold of $5,000 in § 229.13(d) will each be adjusted to $5,525 and.The cash withdrawal amount of $400, in § 229.12(d), will be adjusted to $450.The minimum amount in § 229.10(c) – the $200 rule (formerly the $100 rule) will be adjusted to $225.The COLA changes are effective July 1, 2020, and impact a number of dollar amounts incorporated into Subpart B of the Regulation including: The effective date for the EGRRCPA changes is September 3, 2019. The amendments coming out of EGRRCPA include extending Regulation CC coverage to American Samoa, the Commonwealth of the Northern Mariana Islands, and Guam.
The final rule includes the COLA changes required by the Dodd-Frank Act as well as certain amendments made by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). On June 24, 2019, the Consumer Financial Protection Bureau (the Bureau) and the Federal Reserve Board (the Board) jointly announced a final rule amending Regulation CC.
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