PATRIOT Act Disclosure

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.


Classic VISA
Annual Percentage Rate for Purchases
Annual Percentage Rate for Purchases
Share Secured VISA
Annual Percentage Rate for Purchases
Annual Percentage Rate for Cash Advances 9.90% Classic Visa, 13.9% Gold & Share Secured Visa
Annual Percentage Rate for Balance Transfers 9.90% Classic Visa, 13.9% Gold & Share Secured Visa
Minimum Finance Charge $0.00
Annual Membership Fee $0.00
Grace Period for Repayment of the Balance for Purchases 25 Days to repay your balance for purchases before a finance charge will be imposed under the Classic Visa , Gold Visa and Share Secured Visa.
Late Payment Fee $15.00
Method of computing the balance for Purchases Average Daily Balance including New Purchases.

Schedule of Fees

$3.00 Cashier's Check (in excess of 3 per calendar month)
$2.00 Money Orders (GAC Members limited to 10 free per calendar month)
$27.00 Deposited Checks Returned Unpaid
$27.00 VISA Payments Returned Unpaid
$25.00 Dormant Account Fee (One year or more)
$27.00 EFT Withdrawl Nonsufficent Funds (Saving or Checking)
$5.00 Overdraft Transfer Fee From Savings (Checking, Debit Card, EFTs)
$3.00 Account Activity Statement (Per page)
$3.00 Account Activity History (Per page)
$20.00 Account Balance Assistance (Per hour)
$30.00 Stop Payment On Share Draft (Checking)
$3.00 Copy of Share Draft (Within 12 Month Time Frame/per check)
$10.00 Copy of Share Draft (Older than 12 month time frame/per check
$5.00 Check Cashing Fee
$5.00 Account Closure Fee (First 12 Months of New Account)
$12.00 Wire Transfer
$27.00 Nonsufficent Funds Draft
$50.00 Filing a Debit Card Dispute (Per Item)
$10.00 Visa/ATM/Debit Card Replacement (One free per year)
$27.00 Courtsey Pay Fee
$50.00 Escheat Fee
$50.00 Processing of a Garnishment
$25.00 Regulation D (In process of 6)
$10.00 Starter Checks or Temporary Checks (Per Page)
$10.00 Account Asset Verification of Deposit
$5.00 Bill Pay Fee (Non-Usage of minimum 1 service per month)
$5.00 Returned Mail Fee (Bad Address)
$5.00 VISA Gift Card Purchase (Member Only)
$5.00 Non-Member "On_Us" Check Cashing Fee
$2.00 (1st Page) $.50 (Every Page After) Faxing Documents (Per Page/Local Numbers)
$5.00 (1st Page) $1.00 (Every Page After) Faxing Documents (Per Page/Long Distance)
$0.75 ATM Excess Withdrawal Fee (Per Transaction)

Electronic Funds Transfer Disclosure

A. Point of Sale

We will reverse an EFT Transfer from a point-of-sale transaction and recredit your account if all the following occur: 1) you provide us notice of having made a good-faith attempt to seek redress and made an assurance to us of the return of the goods in dispute, where returnable goods are involved, 2) the amount of the transaction is $50 or more, and 3) within 4 calendar days of the transaction, we receive during normal business hours a written or oral request for the reversal. If notice is given verbally, you must follow the reverse order, providing notice and assurance in writing within 14 calendar days on a form provided by us. If you don't notify us in writing, we will reinstate the original debits and credits.

B. Error or Question about Transaction.

Call us at the telephone number or write us at the address on your account statement as soon as you can if you believe the statement or receipt is wrong or if you need more information about a transaction to assert an error. We must hear from you no later than 60 days after we sent you the FIRST periodic statement on which the error appeared. You must do all of the following: 1) give us your name and account number (if any), 2) describe the error or transaction you are not sure about and explain why you believe it is an error or why you need more information, 3) give us the dollar amount of the suspected error. If you give us oral notice, you must send in your complaint or question in writing within 10 business days.

Except for point-of-scale and foreign country EFT transaction, we will investigate the matter and tell you the results within 10 business days after we hear from you and will correct any error promptly. If the notice of error involves an electronic fund transfer to or from the account within 30 days after the first deposit to the account was made (New Account EFT), we will investigate the matter and tell you the result within 20 business days after we heard from you. If we need more time, we may take up to 45 days (or 90 days for a New Account EFT) to investigate the complaint. If we take either 45 or 90 days to investigate the complaint, we will credit account within 10 business days for the disputed amount, or within 20 business days for a New Account EFT.

If the alleged error involves an EFT from a point-of-sale transaction, or the transaction was made other than in the United States or Puerto Rico, we will determine whether the error occurred within 10 business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 90 days to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation.

If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your account. We will tell you the result within 3 business days after completing our investigations. If we decide that there is no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation.

C. Our liability for failure to complete EFT Transfer

If we do not complete am EFT transfer on time or in the correct amount in accordance with this agreement, we will be liable for your losses or damages. However, we will not be liable for instance: 1. If, through no fault of ours, you don't have enough money in your account to make the transfer, or if you funds are subject to legal encumbrance. 2. If we have terminated this agreement. 3. If any part of the system supporting the terminal was not working properly and you knew that before you began the transaction or during the processing of the transaction. 4. If the terminal where you attempted the transaction did not have enough money to complete the transaction or support the type of transaction you requested. 5. When your card has been reported lost or stolen or we have reason to believe that a transaction has not been properly authorized. 6. When, despite reasonable precautions taken by us, an act of God or other circumstance beyond our control interferes with or prevents the transaction. 7. When we receive inaccurate or incomplete information needed to complete a transaction. 8. If any authorizations for completing the transfers have been revoked by operation of law. 9. There may be other exceptions provided by law.

D. Card Association Limits on your Liability.

MasterCard Debit Cards. For unauthorized use of a MasterCard debit card, you will have the following liability: a) $0 liability if you report the loss or theft of you card to us within 24 hours of discovery of the loss or theft, if you have exercised reasonable care in safeguarding the card from risk of loss or theft, if you have not reported 2 or more incidents of unauthorized use in the immediately preceding 12-month period, and if the account linked to the card is in good standing, or b) if the conditions set forth in Section IV.D.2. Above have not been met, the lesser of $50 or the amount of money, property, labor or services obtained by the unauthorized use before notification to us. "Unauthorized Use" means the use of the MasterCard by a person other than you, who does not have actual, implied, or apparent authority for such use, and from which you receive no benefit.

Regulation D Disclosure

Regulation D is a federal regulation that limits the way withdrawals may be made from a savings account. Regulation D allows a maximum of 6 pre-authorized automatic/electronic transfers or withdrawals per month which includes ACH debits, overdraft transfers, telephone transfers, debit card transactions, wire transfers and online home banking initiated transfers.

Once you have exceeded the limit of 6 during the month, a fee will be deducted from your savings account for each subsequent transaction described above. Excessive use of a savings account as a transaction account (using it like a checking account) is prohibited and will subject the account to closure. To comply with Reg D requirements and avoid fees, please limit the number of withdrawals/transfers from your savings account to those made in person, by mail or by ATM. We recommend making deposits (direct deposit) to your checking account and paying bills from your checking account by check or debit card.

Phone: 989-752-5214 | Fax: 989-752-0203