Credit Card Agreement
Check Holds Information
New amendment could make free checking accounts disappear.
Important Information for Community Choice Credit Union Cardholders!
Financial institutions may send checks to each other electronically rather than presenting checks physically for payment. This change in the law, Check Clearing for the 21st Century Act or Check 21, may cut down the time it takes for a check to clear from days to hours.
So if you do not have the money in your checking account to cover the check, do not write it. You may no longer have the luxury of a few days float time between the time you write the check and the time it clears your account.
To protect yourself you may want to consider putting an overdraft line of credit on your checking account. It is quick, simple and it protects you. To add an overdraft line of credit protection to your account Contact Us. We are working for you!
||Alloya Corporate Federal Credit Union
4450 Weaver Parkway, Ste 100
Warrenville, IL 60555
|For Further Credit To:
||Community Choice Credit Union
6921 E. 72nd Ave.
Commerce City, CO 80022
|For Final Credit To:
Member Account #