704 - Notice to members. - Pennsylvania Statutes

§ 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.