Ideal Credit Union
Electronic Disclosure Consent Statement
By clicking on the “I Agree” button at the bottom of this statement, you are consenting to receive information, statements, disclosures and notices along with any additional communications in an electronic format rather than in paper format. For your consent to be effective, your computer and browser will need to meet the hardware and software requirements discussed below.
This statement contains important information that we are required by law to provide to you. You should keep a copy for your records. If you have any questions about E- disclosures that are not answered, feel free to communicate with us using any of the following contacts:
Ideal Credit Union
8499 Tamarack Road
Woodbury MN 55125
651-770-7000 or 800-274-0857
Our Online Banking Service was designed and built to provide records to you in electronic form. You cannot enroll in the Service online without agreeing to receive the Online Banking Agreement and Disclosure in electronic form.
If you consent, we may also provide other disclosures in an electronic format. These disclosures may include but are not limited to the following:
- Updates or Amendments to our Online Banking and Bill Payment Agreement;
- Monthly account statements;
- Notice of change in account terms;
- Transaction alerts;
- Notice of fee changes;
- Responses to any questions you may have about electronic funds transfers;
- Privacy and security notices.
If you wish to receive electronic “only” account statements, we will ask you to complete a separate consent process.
1. How to Obtain Electronic Disclosures (E-Disclosures)
We will always post our most current Online Banking and Bill Pay Agreement on our website. If any amendment(s) to this agreement results in an adverse affect upon our members, we will provide at least 30 days prior notice through a secure online message and/or external email alert.
We may also send you an external email notice and/or secure message through our Online Banking Service to inform you where other important disclosures or account statements can be viewed on our website or within our Online Banking Service.
You may download or print all electronic notices and disclosures from your computer if you have the hardware and software described below. You can also save copies of electronic notices and disclosures to your hard drive or other media for viewing and printing at a later time.
If you have trouble printing or if you need a paper copy for a special situation, you may request a paper copy from us by contacting us through any of the methods listed above. If you need a paper copy of any E-disclosure, we will provide the first copy for free. Charges may apply for additional paper copies.
2. System and Equipment Requirements
Prior to accepting the electronic delivery of disclosures, you should verify that you have the required hardware and software necessary to access the system and retrieve documents and disclosures in an electronic format. You will need:
- An Internet-enabled computer capable of viewing HTML web pages that utilize basic JavaScript.
- A computer and Internet browser that can support 128-bit encryption. For security purposes, we support the most current version of popular browsers, such as Microsoft Internet Explorer or Mozilla/Firefox. The most current browser versions are typically more secure and will support 128 bit encryption. Browser upgrades are accessible on the Online Banking login page.
- A printer for printing E-disclosures and/or sufficient hard-drive space or other media (e.g. CD, DVD) if you plan to save disclosures in an electronic format.
- An external email address. This is necessary so that we can send you notices when E-disclosures are available on our website or within the Online Banking Service.
We may revise hardware and software requirements from time-to-time. If there is a material chance that the changes may impact your ability to access the system or E-disclosures, we will notify you of these changes thirty (30) days in advance. At that time, you will be given an opportunity to change the format of your disclosures (e.g. change from an electronic format to paper format) without the imposition of any fees.
3. Cancellation of E-Disclosures
If you consent to receive E-disclosures and later change your mind, you may withdraw your consent and change to paper delivery format.
You can notify us of your intent to cancel E-disclosures by sending us a secure message through the Online Banking Service, or by contacting us through any of the methods listed above.
If you send us a secure message or write us a letter, please be sure to identify yourself and the applicable accounts.
If you have agreed to receive electronic-only account statements, you can “opt-out” of electronic statement delivery by notifying us using one of the methods identified above. After your opt-out request is processed, you will begin receiving paper copies of account statements and additional charges may apply.
4. Address Changes
In order to provide E-disclosures, we must maintain current member email address at all times. It is your sole responsibility to provide us with your correct contact information, including your email address.
You should notify Ideal Credit Union of any changes to your personal contact information by calling us at: 651-770-7000 or 800-274-0857, or you can update your personal information at any of our branch locations. If you wish to notify us electronically, please update your personal information through the User Services menu within our Online Banking Service.
5. Proceed with Acceptance of E-Disclosures
With your acceptance below, you agree to accept Online Banking and Bill Payment related disclosures in an electronic format. You also agree that you have the necessary equipment for accessing and viewing the disclosures and you agree to notify us if you change your email address or if you no longer want to receive disclosures electronically.
If you enroll for Online Banking services in one of our branch locations, we may send you an email and ask you to confirm your email address, and your ability to access E- disclosures.
If you do not want E-disclosures, select the “cancel” button below. If you do not accept E-disclosures you will not be able to proceed with online enrollment for our Online Banking and Bill Pay Service. However, you can still enroll for Online Banking in any of our branch locations and we will provide the required disclosures for Online Banking services in a paper format. You can still accept electronic “only” delivery of account statements and other disclosures at a later time through the Online Banking Service or by contacting us through any of the methods specified above.
Ideal CU Online Banking E-Sign Disclosure 07/01/2013