I/We hereby authorized the Integra First Federal Credit Union (the Credit Union) to establish this Share Draft Account for me/us. The Credit Union is authorized to pay share drafts signed by me (or by any of us) and to change all such payments against the shares in this Account.
It is further agreed that:
(a) Only share draft blanks and other methods approved by the Credit Union may be used to make withdrawals from this Account.
(b) The Credit Union is under no obligation to pay a share draft that exceeds the fully paid and collected share balance in this Account; the Credit Union may, however, pay such share draft and transfer shares to this Account in the amount of the resulting overdraft, plus a service charge, from any other regular share account from which any of the undersigned is then eligible to withdraw shares.
(c) The Credit Union may pay a share draft on whatever day it is presented for payment, notwithstanding the date (or any limitation on the time of payment) appearing on the share draft.
(d) When paid, share drafts become the property of the Credit Union and will not be returned either with the periodic statement of this Account or otherwise.
(e) Except for negligence, the Credit Union is not liable for any action it takes regarding the payment or nonpayment of a share draft.
(f) Any objection respecting any item shown on a periodic statement of this Account is waived unless made in writing to the Credit Union before the end of 60 days after the statement is mailed.
(g) This Account is subject to the Credit Union's right to require advance notice of withdrawal, as provided in its bylaws.
(h) This Account is also subject to other terms, conditions and service charges as the Credit Union may establish from time to time.
(j) If this agreement is signed by more than person, the persons signing below shall be the joint owners of this Account which, in that event, shall be subject to the additional terms and conditions printed below.
I/We hereby acknowledge that the Credit Union has informed me/us of the following: