Terms and Conditions for Super Pensioners Account (S5)

• 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 daily on the 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.
• Your Credit Union may alter or stop payment services to this account, if there are insufficient funds or if there is no authority held to debit the account.
• To alter or stop a payment service the member must notify your Credit Union in writing.
• 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:
  - A superannuation or pension payment must be deposited into the account regularly.
• Access facilities are available on this account and the member will be bound by the Terms and Conditions of these. These facilities include:
  - Personal cheque book,
  - VISA Access Card,
  - a Redicard, and/or
  - a Self Service Overdraft, Line of Credit or Fixed Payment Loan.
• 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.