Online Bill Pay Demo

Click the above image for an Online Bill Pay Demo

Gift Cards and Travel Cards

Gift Cards cost $3.00 and can put any amount from $10.00 to $500.00. See CU for details.

Travel Cards cost $5.00. Minimum load $100.00 - Maximum load $5,000.00. Cards can be reloaded up to 4 times by logging on to www.cumoney.com. See CU for details.

What exactly are Prepaid Debit Cards? Prepaid Debit Cards carry the VISA logo on the front of the card and cardholders can add value to the card at anytime. In addition to the 20 million VISA locations worldwide where the cards are accepted, the reloadable cards also work at ATM’s and merchants anywhere your members see the Plus or Interlink(pinned based pos) networks.

Credit Card Application & Disclosure

Click the link for the

• Visa Credit Card Application & Agreement.
• Privacy Model Disclosure.

$250,000 NCUA Share Insurance
Now Permanent

Federally insured credit union member accounts are insured to at least $250,000 by National Union Share Insurance Fund, a federal insurance fund backed by the full faith and credit of the Government. A temporary increase from $100,000 to $250,000 was effective from October 3, 2008 through December 31. 2009. On May 20, 2009 , the temporary increase was extended through December 31, 2013, and now the $250,000 federal insurance protection becomes permanent.

Funds Availability Policy

Click the link to read our Funds Availability Policy.

Electronic Funds Transfer
Agreement and Disclosure
Reg E Amendment
Effective 7/1/2010

Our financial institution may decline to Authorize and pay any ATM or one-time debit card transactions when the institution has a reasonable belief at the time of the authorization request that the member does not have sufficient funds available to cover the transaction. We may apply this exception on an account-by-account basis.

Unlawful Internet Gambling Enforcement Act Disclosure
Reg GG Amendment
Effective 6/1/2010

Unlawful internet gambling transactions are prohibited by the Unlawful Internet Gambling Enforcement Act and should not be processed through your account.

Share Account

	A member must maintain a minimum balance of $25.00 in their account each day to obtain the disclosed annual percentage yield (APY).
	Dividends are compounded and credited quarterly.
	The dividend rate and APY may change every quarter.
	The dividend rates are determined by the credit union board of directors.
	Quarterly statements are mailed out for share accounts.
	Monthly statements are mailed out for share draft accounts and money market accounts.
	During the month, member may not make more than six withdrawals or transfers to another credit union account by means of a preauthorized transfer or telephone order. No more than three of these six transfers may be made by draft to a third party. If member exceeds the transfer limitations, their account will be subject to being closed.
	This account can act as an overdraft option for share draft accounts.

Special Share Account

	Compounding, accruals, and crediting of dividends are of the same relation as the share account.
	There is no minimum balance for this account.
	The transaction limitations are the same as the share account.

Share Draft Accounts

	The dividend rate and annual percentage yield may change every month.
	The dividend rate is determined by the board of directors.
	Dividends are compounded and credited to member accounts every month.
	There is no minimum balance for this account.
	Overdraft options for this account are available for this account at no charge.
	Dividends are calculated the same as the share accounts by the daily balance method which applies a daily periodic rate to the balance in the account each day.
	No transaction limitations apply to this account.
	Members are responsible for ordering share draft checks with the credit union or third party at members' expense. Reorder Checks Online!
	A stop payment charge is $5.00.
	A microfilm copy charge is $5.00 (effective January 1, 2005).
	Each insufficient fund or return check is $30.00 (effective May 15, 2011).

Christmas Club Accounts

	Dividend rate and annual percentage yield may change each quarter.
	Board of Directors determine dividend rate.
	Dividends are compounded and credited every quarter.
	If share account is closed before dividends are paid quarterly, member will not receive the accrued dividends.
	No minimum balance required.
	Dividends are calculated by the daily balance method.
	Member may not make any withdrawals or transfers to another credit union account by means of a preauthorized transfer or telephone order.
	On November 10 of each year, all funds on deposit in members Christmas Club account will be mailed to member for that account.

6 & 12 Month
Share Certificate Accounts

	Dividend rates are determined by managements discretion weekly.
	When account is opened, member will be paid current rate set until first maturity.
	On 6-month Share Certificate accounts, dividends are compounded daily and paid at maturity unless the member requests a monthly dividend check.
	On 12-month Share Certificate accounts, dividends accrue daily and are compounded and paid quarterly unless the member requests a monthly dividend check.
	The minimum balance required is $5,000.
	This amount must be maintained daily to obtain the disclosed annual percentage yield.
	Dividends are calculated by the daily balance method.
	After the account is opened, member may not make additions into the account until the maturity date.
	Member may make withdrawals of principal from this account before the maturity only if credit union agrees at the time withdrawal is requested. Principal withdrawals before maturity may be subject to an early withdrawal penalty. A withdrawal of this type will reduce dividend earnings.
	This account will not automatically renew at maturity. If member does not renew the account at maturity, the funds will be placed in a dividend-bearing account.

Money Market Accounts

	The dividend rate and annual percentage yield may change every week at managements discretion.
	Dividends are compounded and credited to members account every month.
	Minimum balance required to open and maintain the account is $2,500.
	Dividends are calculated by the daily balance method.
	Minimum deposit allowed is $100.00 per deposit and withdrawal. If balance falls below $2500.00, members' account will be closed.
	Transaction limitations will not be more than six withdrawals or transfers per month. No more than three of the six transfers may be made by draft to a third party. If account exceeds transfer limitations, the account will be subject to closure.
	This account may be used as an overdraft option.

IRA Accumulation Accounts

	Lakeside offers regular IRA accounts, ROTH accounts, and education IRA accounts.
	The dividend rate and annual percentage yield may change every quarter.
	IRA rates are determined by management.
	Dividends are compounded and credited to your account every quarter.
	No minimum balance is required.
	Dividends are calculated by the daily method.
	Member may not make any withdrawals or transfers to another account or third party by means of preauthorized or automatic transfer, or telephone order.

*Member accounts of Lakeside are federally insured by the NCUSIF (National Credit Union Share Insurance Fund) up to $250,000 against loss due to the failure of the credit union for any reason. This insurance is provided by NCUA (National Credit Union Administration) which is a regulator of federal credit unions.

*Lakeside pays a premium for life savings insurance on share accounts up to $4,000 payable upon death of member through Cuna Mutual Insurance Society. We consider this a benefit to the member as well as a benefit to the credit union.

Important Disclosure Statement:
The NEW CHECK 21 Regulation

Substitute Checks and Your Rights

What is a substitute check?
To make check processing faster, federal law permits financial institutions to replace original checks with "substitute checks." These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of a substitute check states: "This is a legal copy of your check. You can use it the same way you would use the original check." You may use a substitute check as proof of payment just like the original check.

Some or all of the checks that you receive back from us may be substitute checks. This notice describes rights you have when you receive substitute checks from us. The rights in this notice do not apply to original checks or to electronic debits to your account. However, you have rights under other law with respect to those transactions.


What are my rights regarding substitute checks?
In certain cases, federal law provides a special procedure that allows you to request a refund for losses you suffer if a substitute check is posted to your account (for example, if you think that we withdrew the wrong amount from your account or that we withdrew money from your account more than once for the same check). The losses you may attempt to recover under this procedure may include the amount that was withdrawn from your account and fees that were charged as a result of the withdrawal (for example, bounced check fees).

The amount of your refund under this procedure is limited to the amount of your loss or the amount of the substitute check, whichever is less. You also are entitled to interest on the amount of your refund if your account is an interest-bearing account. If your loss exceeds the amount of the substitute check, you may be able to recover additional amounts under other laws.

If you use this procedure, you may receive up to $2,500 of your refund (plus interest if your account earns interest) within 10 business days after we received your claim and the remainder of your refund (plus interest if your account earns interest) not later than 45 calendar days after we received your claim.

We may reverse the refund (including any interest on the refund) if we later are able to demonstrate that the substitute check was correctly posted to your account.


How do I make a claim for a refund?
If you believe that you have suffered a loss relating to a substitute check that you received and that was posted to your account, please contact us by mail: Lakeside Employees Credit Union, P.O. Box 418, New Johnsonville, TN 37134; by phone: (931) 535-7269.

You must contact us within 40 calendar days of the date that we mailed (or otherwise delivered by a means to which you agreed) the substitute check in question or the account statement showing that the substitute check was posted to your account, whichever is later. We will extend this time period if you were not able to make a timely claim because of extraordinary circumstances.

Your claim must include:

• A description of why you have suffered a loss (for example, you think the amount withdrawn was incorrect);
• An estimate of the amount of your loss;
• An explanation of why the substitute check you received is insufficient to confirm that you suffered a loss; and
• A copy of the substitute check and the following information to help us identify the substitute check: for example the check number, the name of the person to whom you wrote the check, the amount of the check.

Lending Services

There is no loan fee charged for processing a loan. Members can be pre-approved for a line of credit up to $6000.00. Lakeside offers viewing of several NADA guides to help member with purchases. A $30.00 late fee (effective May 15, 2011) is charged if payment is not received within 15 days of due date. Payroll deductions and automatic transfers are available to all members.

Types of Loans include:

	Signature
	Line of Credit
	Farm Equipment
	4 Wheelers
	Motorcycles
	Boats
	Jet Ski's
	R. V.'s
	Cars
	Trucks
	Student Loans
	Term Loans
	Share Loans
	Certificate Loans
	Comaker Loans
	Mobile Home Loans
	Real Estate Loans

Collateral Protection Insurance

As you know, when you apply for a collateral loan at Lakeside, you are required to carry full coverage insurance. If coverage is not provided by you, we will provide this for you at a cost to you. This is provided by our company called Insurance Systems and is for collateral protection only.

If you are concerned about your insurance coverage and would like to check your policy, Insurance Systems now has a web site that will let you enter your personal and insurance information. Insurance Systems will then have the ability to check with your insurance company and verify your coverage. By doing this, you can prevent a costly collateral protection only policy from being added
to your loan.

You can do this by going online to: www.mycoverageonline.com and completing the inquiries, or by calling our office at 931-535-7208 if you need assistance.

Other Services

	Debit Cards
	Visa Cards
	Audio Response/Tellerline
	Travelers Checks
	Cashier's Checks/Certified Checks
	Gift Cards & Travel Cards
	Incoming & Outgoing Wire Transfers
	Cash Advances
	Notary Services
	Direct Deposit
	Payroll Deduction
	NADA Guidebook for Cars, Trucks, etc.
	"On Plant" mail available
	Share/Death Benefit Ins./Maximum $4000
	Credit Life/Disability, Gap Insurance available on most all loans
	Night Depository at each location
	Home Banking
	Electronic Bill Pay
	eStatements

Online Resources

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