AUTHORIZATION AND AGREEMENT FOR DIRECT DEPOSITS (ACH CREDITS) AND DIRECT PAYMENTS (ACH DEBITS)

I hereby authorize SchoolsFirst Federal Credit Union (SchoolsFirst FCU) to transfer funds between my accounts at SchoolsFirst FCU and another financial institution I designate. With respect to transfers related to a credit card payment, I authorize SchoolsFirst FCU to transfer funds from my accounts at SchoolsFirst FCU to my SchoolsFirst FCU credit card. SchoolsFirst FCU will be responsible for the transfer of funds in accordance with this authorization. Once a transfer is made to or from another financial institution, SchoolsFirst FCU will have no further responsibility or liability for the deposit or withdrawal of such funds at the other financial institution. I agree that I have received SchoolsFirst FCU’s Disclosure and Agreement of Terms and Conditions Applying to SchoolsFirst FCU Member Accounts, which discloses the terms and conditions that apply to electronic funds transfers and contains SchoolsFirst FCU’s Funds Transfer Agreement and Notice.

I acknowledge that the transfer of funds may be in the form of an ACH (Automated Clearing House) entry and I further acknowledge that the origination of ACH entries to or from my accounts must comply with the provisions of U. S. law. I certify that I am authorized to transact on all accounts involved in the transfer.

This authorization is to remain in full force and effect until: (1) I delete the account from my Account Transfers list (under the "PAY & TRANSFER — PAYEES" page); or (2) I notify SchoolsFirst FCU prior to the transfer being processed. I understand that I can notify SchoolsFirst FCU by calling (714) 258-4000 or (800) 462-8328, or by writing to P.O. Box 11547, Santa Ana, CA, 92711-1547. If I call, you may also require me to put my request in writing and send to SchoolsFirst FCU within 14 days after my call.

SchoolsFirst FCU reserves the right to cancel pre-authorized or one-time transfers at any time.

With respect to transfers made on a credit card or line of credit account, I understand the amount transferred to satisfy the payment may vary and I can review the amount due on my monthly credit card or loan statement. In addition, should the current balance of a credit card be less than the scheduled payment at the time of processing, only the current balance amount will be taken to avoid overpayments. I further acknowledge that credit card payments set up through AutoPay are discontinued when I set up recurring payments.

I understand that SchoolsFirst FCU recommends that I print this disclosure and keep it for my records.