To participate in the "Round Up" savings program you will need each of the following North Iowa Community Credit Union products to qualify: share draft checking account, debit card, and membership share account.
Upon enrollment you agree that the credit union will round up your North Iowa Community Credit Union debit card purchases to the nearest dollar and transfer the difference from your share draft checking account into your savings account of your choosing. Each round up transaction is processed seperately and will be noted as such on your monthly statement.
If on a business day you do not have sufficient funds in your share draft checking account, or if any transaction has overdrawn your share draft checking account, we will not round up the overdraft purchase and will cancel the round up for that transaction. If your debit card transaction is subsequently cancelled or reversed, the corresponding round up transfer will remain in your designated share savings account.
We may cancel or modify the "Round Up" to savings service at any time without prior notice. "Round Up" is available only on a debit card linked to your North Iowa Community Credit Union share draft checking account. If you have a joint account each debit card holder will need to enroll and/or cancel seperatly.