DISCLOSURE REQUIRED BY FEDERAL LAW
Please read this ELECTRONIC SIGNATURE ACT DISCLOSURE
The terms "We", "Us", "Our", and "Credit Union" refer to Lutheran Federal Credit Union, and "You", "Your", and "Yourself" refer
to each person applying for electronic delivery. This Electronic Signature Act ("E-Sign Act") Disclosure applies to all electronic
communications between You and Us. When you consent to this disclosure, you agree to the following terms and conditions.
Documents Sent Electronically
We will provide You all documents used by us in the course of business in an electronic format. At any time, You may opt to receive these documents in paper form. The Documents that will be sent electronically include, but are not limited to, the following:
- Account Statements
- Other communication for important Notices, Disclosures, and/or Product and Service announcements from Us
- Loan Documents
- Credit Card Statements
- Auto Loan Statements
- Mortgage Loan Statements
- Secured Loan Statements
You must sign up for Online Home Banking and eStatements to receive the Documents electronically. You must also provide and
maintain a valid email address at all times and You must contact Us when You change your email address. Invalid email
addresses may be grounds for revoking electronic delivery of the Documents.
When We deliver the Documents electronically, We will notify You with the email address We have on file. The notice will
only inform You of its availability. Please login to Lutheran Federal’s Online Home Banking or directly into the eStatement
portal to access the documents.
You may update your email address by speaking to a Lutheran Federal team member at the branch or through Online Home Banking.
We apologize but we are unable to change an email address through an unsecure email correspondence.
Consent to Withdrawal
At any time, You may withdraw Your consent to the electronic delivery of Your Documents. Please contact us at 877-737-3576,
or email us at email@example.com and ask to change your statements back
to paper delivery.
At Our discretion We may consider an invalid email address, even if valid before, as a withdrawal of consent.
We will not charge You a fee to process Your withdrawal of consent, but We may take a reasonable amount of time
to process Your request.
You are solely responsible for providing, maintaining, and updating your contact information and other information pertaining
to this Disclosure current with us. You may contact Us to update this information.
Hardware and Software Requirements
Prior to accepting the electronic delivery of disclosures, you should verify that you have the required hardware and software
necessary to access and retain Documents and Disclosures in and electronic format.
You will need:
- Internet access
- A computer and internet browser that supports 128-bit encryption
- A printer connected to your computer, or
- Sufficient hard drive space or other media (e.g. USB drive or CD) if you plan to download and save documents and disclosures in electronic format
- The most up-to-date version of Adobe Reader, which can be downloaded free from get.adobe.com/reader
We may revise hardware and software requirements from time to time as necessary, and if there is a chance
that the changes may impact your ability to access the documents we will notify you of these changes 30 days in advance
and provide you an opportunity to change your method of receiving disclosures.
We are not obligated to provide You a copy of the Documents authorized to be sent electronically. However, We
reserve the right to send you paper copies at Our discretion. At your request, paper documents can be sent
and a $10.00 cost recovery charge will be assessed.
If you would like paper copies without revoking Your authorization to electronic delivery, You may either print the
Document Yourself, of You may request them directly from Us. We may charge a fee for paper copies. Please see the
account fee disclosure.
Communications in Writing
In accordance with the E-Sign Act, electronic communications of the Documents will be considered "in writing" for the
purposes of other federal and state laws.
Your consent to the electronic delivery of the Documents falls under the jurisdiction of the E-Sign Act, and that
We and You intend to comply to the fullest extent possible.
At Our discretion and if deemed necessary or appropriate, We may terminate Your consent for electronic delivery of the
Documents. If such action is taken We will provide You a notice of termination.