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This could occur for any number of reasons and is usually done in a bid to get your attention and to prompt you to contact them. It may be because an account is overdrawn, a loan is in arrears, a card has been compromised, your address is incorrect and they have had returned mail, etc. So, many reasons but it's done so you will contact the CU and rectify the issue.

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15y ago

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Related Questions

What is a checking account at a credit union called?

what is a chekcing account at a credit union


What is savings account called at a credit union?

A savings account at a credit union is generally called a share account.


Can a credit union in Arizona through which you had a credit card freeze your bank account?

If the bank is the one that has the credit card, they can associate the card with the account. This might be a violation of regulation E. However if the bank and the card issuer are not the same, they have to get a judgment and then go to the bank with that.


What is a savings account at a credits union?

A savings account at a credit union is generally called a share account.


Where can one obtain an AA Credit Union account?

There really is only one way for a person to obtain an AA Credit Union account. They can go on the AA Credit Union website or visit a local AA Credit Union and fill out the forms.


How do I access my personal account at Virginia Educator's Credit Union?

You need to check with the credit union and see if they offer online access to your account.


Credit union are owned by who?

The account holders


How can i withdraw my money from my safeway credit union account?

Go to the credit union and tell them that you want to withdraw money.


Can a federal credit union garnish disability?

Banks do not place liens or garnish your paychecks (your employer would have to do that). However, if a garnishment is received by your credit union, they have to freeze any liquid funds in your account at the time the garnishment is received and send the funds to the court (by law). This is regardless of the source of the funds.


Can you close your credit card account and continue to make payments?

No, what usaully takes place is that the credit card company freeze your credit card account and you continue to make payments


What is Account type of credit Union account?

At a credit union, you can have checking, savings, money market, etc. just like you would have at a bank. One difference is that credit unions are owned by its members (account holders), rather than stockholders.


Can a credit card company freeze your account with them without notice?

yes they can, if is up to them

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