'It said all of these things you can't use your money on,' | ICCU releases new terms and conditions

A credit union with no members is no longer viable.cancel that CU.

Ahh yes, the old "the customers are confused" gaslighting technique. I hope everybody drops them.

It's MY money. I can use it for whatever legal purpose that I want.

Neil Armstrong 1st man on moon Carla Patterson 1st woman to read the terms & conditions 🏆

Imagine, not being able to use your money on a constitutional right.

Get your money out.

No guns or ammo? This happened in Utah. Talk about ignoring your customers.

That is not "confusion" on part of the customer. Businesses use 'Confusion" as a way of casting doubt on anyone who disagrees with them.

I will close my ICCU account my $ my choice !!! Who do people think they are???!

The phrase "standard industry usage" should scare the hell out of everybody, and people should be asking how those terms and conditions became "standard industry usage ".

Read all terms for anything you agree to. I didn't once. It was a rental agreement at an apartment complex. We moved out because they were letting pest control in without notice or being accompanied by an employee. Nothing like waking up to a strange man standing over your bed. They sued us. Then we read the agreement. We fought it. The only ones of about 15 cases that day alone. Turns out, their lease was illegal 7 ways to Sunday. They hadn't had anyone fight before, so the judge had never read the lease. Once he did, he chewed their butts and dismissed all cases that day, telling them he'd do the same with every case until their lease was a legal one. We found out they lost a lot of cases until their legal team came up with a rental agreement the judge would accept.

How the hell is it even legal for them to force you not to pay, your court ordered payments. That be like it having a clause that said you couldn't use any of the money that is stored there to pay your IRS taxes.

This is why we should never become a cashless society. Cash is king!

This should be illegal.

So glad she caught this, and even happier she was brave enough to share it. Thank you also for giving her a more prolific voice.

I was going to be an ICCU member a few years back switching over from my Boeing CU account after moving out of WA state thinking that their close proximity would be better, but after I sat down with one of their reps to open an account and read their T&C's all I could think was, "why would anyone agree to this?!" I explained to her all the benefits I already had that I was expecting and that ICCU offered none of them (and their rules rules even stated some funds in my account would NEVER be accessible unless I closed the account because it was their "insurance against fraud" so in effect telling me I couldn't ever use my own money") I was so appalled I didn't even bother thanking her for her time. I just said, "not a chance" and walked out.

When the bank making money off your money restricts your use of your own money for legal items and services they're basically begging you to close your account and take your business elsewhere. It's YOUR money, not theirs... You have every right to spend your money how you want to as long as it's legal.

Let the credit union go broke

I don’t think any financial institution should tell their customers how to spend their money. I’m glad I came across this video. Note to self - never open an account with ICCU!

I will spend my money on whatever the hell I want to. Banks can piss off.