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Overdraft Protection Notification

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ADDITIONAL BENEFITS NOW AVAILABLE WITH YOUR GLCU CHECKING ACCOUNT

GREAT LAKES CREDIT UNION (GLCU) has always been committed to helping our members when they need it. Our SafetyNet Overdraft Protection Program, attached to your GLCU Checking Account, was designed with your protection and convenience in mind. In the past, GLCU’s SafetyNet Program authorized and paid overdrafts for all the checks you wrote.

Well, great news! GLCU is pleased to announce that ADDITIONAL OPTIONS have been added to our SafetyNet Program just in case you NEED it.

PREVIOUSLY:
GLCU did not offer SafetyNet Overdraft Protection on ATM or Debit card transactions. If you did not have enough funds in your Checking account to cover either an ATM cash withdrawal or a Debit Card transaction at a store, gas station etc. your transaction may have been denied.

NOW:
We are happy to tell you that GLCU’s SafetyNet Overdraft Protection NOW covers you for those types of transactions, up to a pre-determined amount, just like it has covered your written checks in the past. This service can save you from being embarrassed or inconvenienced by a rejected ATM or Debit Card transaction.

For CONTINUED PEACE OF MIND, be sure to OPT IN so we can continue to provide you with these ADDITIONAL WORRY FREE checking account benefits in the future. And of course, you are free to change your mind and reverse your decision at any time and there are NO FEES if you don’t use the service.

New banking regulations require that we obtain your consent to provide this valuable service for all ATM withdrawals and everyday Debit Card transactions by August 15, 2010. Without your consent we will not be able to offer you this new service. Our SafetyNet Overdraft Protection will continue to cover checks, bill payments and recurring charges, but not ATM withdrawals or everyday Debit Card transactions.

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