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Notice to members - 17 Pa. Cons. Stat. § 704Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 704. Notice to members.
(a) General rule.--All written notices required by this
title to be given to members shall be delivered in person to
each member or mailed to each member at the address for such
member appearing on the records of the credit union.
(b) Notice of changes in fees, charges or policies.--Each
new member to a credit union shall be provided with written
notice by the respective credit union listing any fees, service
charges or policies regarding the transfer of funds to
noninterest bearing accounts. A new member and each existing
member shall subsequently be provided with similar written
notice if there is a change by the credit union in the amount or
type of fees or service charges or a change in the policy
regarding the transfer of funds to noninterest bearing accounts.
The credit union shall also provide such information to any
member upon request by that member.
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Last modified: November 27, 2007 |