
Regulation E Loyola Credit Union would like to inform you of some recent changes set forth by the Federal Reserve regarding your ATM and one-time debit card transactions. Effective August 15, 2010, the Federal Reserve is requiring that all financial institutions no longer charge overdraft fees on automated teller machine (ATM) transactions and one-time debit card transactions without prior member consent. An opt-in form has been sent to every member with an active debit card. You may mail or fax the consent form back to our office. Our fax number is 708-216-6546.
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