Effective: January 1, 2023
 
The Save Up for Good Debit Card Round Up Program (“Save Up for Good”) is an add-on feature available on personal checking accounts that “rounds up” the change on qualifying debit card purchases to the nearest dollar to contribute to charity. Save Up for Good is not available on business accounts.
 
Upon enrollment in Save Up for Good, Advancial Federal Credit Union (“Advancial”) will round-up the amount of any debit card non PIN-based purchases (“qualifying debit card purchase”) associated with the designated checking account to the next whole U.S. dollar amount and transfer the amount in excess of the purchase amount to a designated general ledger account associated with the Save Up for Good Program maintained by Advancial. Only transactions posted to your account as a non PIN-based debit card purchase qualify under the Save Up for Good Program. Advancial does not control whether a transaction is processed as a non PIN-based transaction and is not responsible for how the merchant or any network processes a transaction.
 
Members may enroll only one (1) checking account for both the Save Up Program AND the Save Up for Good Program. There is no limit on the number of checking accounts that can be enrolled in the Save Up for Good Program. If a member chooses to enroll their checking account in both programs, Advancial will round-up the amount of any debit card non PIN-based purchases associated with the designated checking account to the next whole dollar amount and transfer the amount in excess of the purchase amount from the designated checking account to a designated regular savings account AND transfer the same amount from the designated checking account to the general ledger account associated with the Save Up for Good Program.
 
Debit card purchases post to your checking account for the exact amount of the purchase. The round up process for qualifying debit card purchases is not completed immediately, on a per-transaction basis and therefore is not reflected in your checking account’s available balance.
 
Advancial will aggregate the rounded up amounts from qualifying debit card purchases that post to the designated checking account each day and make a single transfer (“daily Save Up for Good transfer”) at the end of each calendar day. This transfer will reduce the funds available for future transactions in your checking account. The total amount of the transfer will be identified in your checking account’s transaction history as “Daily Save Up for Good Transfer for Save Up for Good Transactions.” If on a day there are not sufficient available funds in the designated checking account, or if any transaction has overdrawn the designated checking account, Advancial will not round up the qualifying debit card purchases posted on that day and Advancial will cancel the daily Save Up for Good transfer for that day. If the debit card purchase is subsequently cancelled or reversed, such as a returned purchase, the corresponding daily Save Up for Good transfer will remain in the designated general ledger account. Credit transactions or adjustment transactions will not be rounded up.
 
Advancial will contribute $5,000 to the general ledger account associated with the Save Up for Good Program on or soon after January 1 of each calendar year, beginning in January 2023. When aggregate transfers from member round-up transactions to the general ledger account associated with the Save Up for Good Program reach $1,000, Advancial will contribute $1,000 to the account within 10 business days. Advancial’s annual aggregate contributions to the Save Up for Good Debit Card Round-Up Program will not exceed $30,000.
 
During the first quarter of each calendar year, the total amount in the general ledger account associated with the Save Up for Good Debit Card Round-Up Program from the prior year (January 1 – December 31) will be donated to a charity designated by Advancial in January of the prior calendar year. Advancial reserves the right to change the designated charity each year without advance notice.
 
Member donations may be tax deductible. A receipt for tax purposes will be automatically generated and accessible through cuAnywhere^® Online Banking. To access your receipt, login to your account through cuAnywhere Online Banking or the Advancial App then navigate to Accounts > eStatements > Tax Forms.
 
To cancel your enrollment in Save Up for Good, login to your account through cuAnywhere Online Banking or the Advancial App then navigate to Manage > Enrollments > Save Up for Good and select the account number then “Deactivate”.
 
Advancial reserves the right to cancel or modify the Save Up for Good Program at any time. All account owners must be in good standing, as determined by Advancial in its sole discretion, to participate in the program. Each account owner agrees to all decisions of Advancial regarding administration of the program, which shall be final and binding.
 
Form EE555.1