I understand that these daily limits are in place to limit the potential for loss due to fraud. I further understand that should fraud occur on my card/account I must make immediate notification to Oklahoma Educators Credit Union in order to limit my loss in accordance with the credit union’s Electronic Funds Transfer (EFT) agreement which may be higher than it would have been had the normal daily limits of $1,000 for purchases and $505 for ATM withdrawals stayed in place.