Dear Valued Vons Credit Union Member,

As a result of amendments to Federal Regulation E, the following important change in our Courtesy Pay Program went into effect:  You must “opt in” if you wish to continue to utilize this convenient service.

How does this change in our Courtesy Pay Program affect you?

By opting in, we will continue to authorize and pay overdrafts for the following types of transactions:

· ATM transactions
· Everyday debit card transactions

If you would like to continue to utilize this service, or if you want the option of using the service in the future, say “yes” by opting in below.  If you opt in, the above transactions will continue to be covered in the same manner in which they are covered today, with the same qualifications required, and the same $23 fee which is being charged today.

Click Here To Opt-In

If you do not opt in, your ATM and everyday debit transactions will be denied at point of sale, should funds not be available at the time of the transaction.

The Federal Reserve has amended Regulation E to require consumers to opt in to the institution’s overdraft service for ATM and one-time debit card transactions, before any overdraft fees can be assessed.

Without opting in, the regulation allows us to continue to authorize and pay overdrafts for the following types of transactions:
· Checks and other transactions made using your checking account number
· Automatic bill payments

Questions or concerns?  Please call our Courtesy Pay Specialist, Janique Angeles, at 626.444.1972 ext. 228.

Thank you for the opportunity to serve you!

Sincerely,
Donna Young
Executive Vice President/COO