Terms and Conditions for Christmas Savers Account (S3)

• H.M.C. Staff Credit Union Ltd ("your Credit Union") reserves the right to vary these Terms and Conditions without prior consent.
• When changes of Terms and Conditions, interest rates or Fees and Charges occur, your Credit Union will provide written notice of the change to each affected member at least 30 days before it takes effect except where the variation will result in a reduction, then the member will be advised the next time your Credit Union corresponds.
• General descriptive information is available for all products and services.
• Interest is calculated on the minimum monthly balance of the account and will be credited to the account in March and September.
• Debit interest is calculated daily on any overdrawn balance and debited to the account in March and September.
• Your Credit Union may appropriate the credit balance of the account towards repayment of any debt, the member owes to your Credit Union.
• Restrictions apply to this account, as follows:
  - Withdrawals from the Christmas Savers account outside the month of December are discouraged by being subject to a fee.
  Statements will be sent each six (6) months (at least).
• Fees and charges are payable on this account.
• Current interest rates, fees and charges are available on request.