'It said all of these things you can't use your money on,' | ICCU releases new terms and conditions
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- Опубліковано 7 лип 2024
- A woman stopped and read the new terms and conditions from ICCU and decided she did have a choice after seeing things she disagreed with.
Ahh yes, the old "the customers are confused" gaslighting technique. I hope everybody drops them.
Yeah. We didn’t mean exactly what we said. We would never actually enforce the policy we wrote in plain English and ran through our legal team through multiple drafts. We are very sorry someone actually read this and used it against us before we could use it against them.
Yeah, what a ridiculous non-responsive comment from ICCU. My assumption on things like child support and taxes is that ICCU doesn’t want the liability for consequences if a payment doesn’t go thru. We just paid IRS for our quarterly tax deposit last month from ICCU, but it was done via the IRS system where they then ACH the account, rather than initiating the payment via ICCU. If that’s the cas, why don’t they just say so? And who approved the original language, and have they been fired yet. Watching this closely as we have out account there.
@@jnorman58 "To succeed in other trades, capacity must be shown; in the law, concealment of it will do."
- Mark Twain
In other words, "y'all caught us"
@@chriskirk9708 but we don't care we're going to do it anyways and you'll be shopping at the gov't approved store with your new credits that will affect your social credit score. It's a soft approach to get everyone who thinks they need money to comply to them
A credit union with no members is no longer viable.cancel that CU.
Looks look social overreach.
Not sending money to a Ponzi scheme? OK, good idea, but how do they know what company is actually a Ponzi scheme?
This is nothing, wait until they require a "mark" of approval just to buy food. Don't worry, it's coming.
Any bank can do this. Any money lender can do this. If you give your money to a financial institution that's exactly what you've done. Given it to them. It is theirs now.
What do you do when all the banks and credit unions are doing it? It's just a matter of time.
@@danthemansmailhid it as they did in the pass.
It's MY money. I can use it for whatever legal purpose that I want.
You dobt need the word "legal" in that statement.
Actually once you deposit, it's the banks money! They only have to give it to you in good faith. Not all banks store your money, but use it for other purposes in exchange for a small interest compensation. They sell you the idea that your savings are yours but that not true.
There are no illegal uses of money.
What is to prevent the banks from using ur money to commit illegal acts (if they do commit them)
@@maltonboy1640exactly. If you have more than what’s insured by FDIC, you only get the up to amount covered
Neil Armstrong 1st man on moon
Carla Patterson 1st woman to read the terms & conditions 🏆
No one has ever been to the m o o n!
@@timmywitty1432 🤣…well, yes there’s that awkward little fact…but good comparison though 😈
Yall are joking right? 😮
@@Bambisgf77 sure 😉
@@timmywitty1432 It does seem odd that with no problems we went to the moon in 1969, but with ALL our new technology, we can't make it there in 2024.
Imagine, not being able to use your money on a constitutional right.
or to pay taxes. i mean ponzi scheme.
Once the banking system does away with physical currency and goes over to CBDC, how and when you spend your money will be monitored and controlled in whatever ways the central bank (Fed) decides. This will be true in all countries and the ultimate goal is a global central bank digital currency.
@@sinkinpat or to pay taxes
Well, that all depends on you, and me!!! Taking back the means of curremcy is always simply a gold/silver coin away...
@@betsyj59 I don't believe it will ever happen. The government has too many uses for cash.
I will close my ICCU account my $ my choice !!! Who do people think they are???!
This is the future of banking and not just in the US but globally. I'm a little surprised that a credit union jumped on the Agenda 30/Great Reset train, though.
Hopefully bankrupt after this story ran...The writing is on the wall, folks! Banks consider your $, their $!!! Your parents, parents weren't wrong! The fraud comes/goes in cycles. Take a sizeable amount of $ out of your bank, and bury it somewhere safe...It's not "yours", until it's in your hands...
i might ask at this point to ICCU....who recently moved into the board, and what's their past history?
Hey now, don't speak bad about them, it's illegal
I suspect that they are trying to make it so that they aren't held liable for helping to facilitate criminal activities. There are thousands of court cases you can easily search for showing how people sue companies and institutions who were not directly involved in a particular matter or incident just because a bad actor used their services. We live in a litigious society and everyone has to cover their butts with inch thick titanium, no matter how ridiculous it looks.
No guns or ammo? This happened in Utah. Talk about ignoring your customers.
I'm in Utah, which bank or credit union was it? Im definitely reading all our banking terms.
By and large, yeah, though I understand SLC is pretty granola.
@@amo0707- The OP is wrong. The "I" in ICCU is for Idaho, not Utah.
Idaho
Right! Next, they will say no magic underpants, ridiculous skygod cults, and more than one wife. Know the room, folks!
That is not "confusion" on part of the customer. Businesses use 'Confusion" as a way of casting doubt on anyone who disagrees with them.
It's called 'doublespeak,' and it's common among predatory businesses nowadays.
same as some politicans.
Get your money out.
It's not money. It's phony paper fiat.
It's just a matter of time before it's not your money any more. It's "Their" bank note. Maybe this will wake people up?
@user-pu6le9kk5v they have been and folks tell them to go back to work, get a job or blah blah.... most places require a bank account for anything, especially a mortgage or an apartment, let alone paychecks. People on disabilit or social security aren't even allowed paper checks. Has to be direct deposit or they use your info to open an account in your name and load the funds on a card and send to your listed address.
@@mrsentinel4911 beyond the scope.
YESTERDAY!!!
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 ".
He who has the gold makes the rules. Yes, they have a political agenda as well. One of the 2A channels reported on this several months ago. Mastercard, VISA, AMEX I believe all have the verbiage in their Terms and Conditions. The government is using these big bank systems to track your purchases of guns, ammunition and firearm related materials. I don't know if it has been challenged in court yet.
People are still deeply in denial about the "you will own nothing and be happy" 2030 plan. They're absolutely serious about it.
Globalism
Your Obama / Biden FDIC created this policy….
I thought the exact same thing when I heard that phrasing... are other T&C at other companies along these same lines???? That's terrifying
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.
People really need to understand this. Terms of Use, NDAs, various conditions of employment. They're all frequently, flagrantly illegal. They're just presented with such confidence that nobody lawyers up and presses the issue.
@@Cryptic0013 Most people aren't aware that NDA's become void if you witness something illegal. An NDA does not override law. They'll still threaten you that speaking out violates the NDA, which it does, but it doesn't matter, nothing will happen to you for violating it by reporting a crime.
@@APackOfHungryGhosts well, maybe in some cases but certainly not with military NDAs, unfortunately.
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.
Ms. Patterson, you are a hero. Please wear a cape.
.... and your skivvies on the outside 🤣😆😘
Edna says…..NO CAPES !!
….then get a crown 👑🇺🇸
No, not a cape! Don't you know what capes do to heroes?
In the voice of Edna Mode: No capes! They're dangerous. But yes, this woman is a hero!
This is why we should never become a cashless society. Cash is king!
This is the BEGINNING of GLOBAL HYBRID SOCIALISM which is cashless and a mix between communism and fascism!!!
Exactly.
Cash is only king if it's sound.
I hate to break it to you, but there are businesses that are refusing to accept cash to decrease shrinkage and deter theft. This is where the "cashless" society will come from, not the banks.
@patty4349 banks are pushing it too. Part of the fractional reserve banking means they only keep on hand balance of less than 1% of all total deposits in the bank. Don't believe me? Try to go into a bank and deposit $100,000 cash, they will close the bank down to handle a cash transaction that large not allowing the bank to operate until after that cash is picked up bcos they are afraid it will be stolen. Try to close an account of the same amount and most banks have a stipulation in their terms of service that you MUST give them notification at least 7 or more days in advance. I've had issues recently attempting to withdraw $8,000 in cash from my account that held in excess of that amount by thousands more, not even closing the account. Two times I was sent away with just a portion of the requested money and told to come back in a day or two for the remainder of my requested $8,000 cash withdraw.
I will not transact with any business that refuses cash. They refuse my cash, I refuse them business. Even if I was to use a card for purchasing their products normally.
Going cashless is solely a way for the govt to control where, when, on what, and how much you may spend what you've earned.
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.
The same $25 most CUs require you to keep in your savings account to keep your account open?
@@RickJohnson yes, not required by BECU or any other CU I've ever heard of.
I worked for Boeing Employees Credit Union during the 1990s. BECU is amazing and I always remind their employees when I speak to them. Leaving BECU for what appeared to be greener pastures was a mistake. It's my opinion the majority of their members have above average intelligence.
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.
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.
Communism,that’s what this is!!!
@dimitriberozny3729 it's ((them))
Who determines what’s legal, or appropriate? I have a hard time believing they will follow the law if they are trying to restrict normal transactions.
You have the right to spend your money as you please, whether illegally or not is irrelevant. The government was in control of currency until 1974 when they removed the gold standard. Who has the right to tell you how to use the unbacked wallpaper you earned as a government slave? This right here *DRIVES* unlawful use of funds, just as they intended.
@@user-hu1um2xk5h the legal aspect is important because the business could be held liable for you breaking the law. right and wrong has not so much to do with that aspect of it... a business has every right to not allow illegal activities as it would affect their business. the chances of a credit union being able to propose and pass any sort of legislation are slim to none, so that isn't a factor. If someone wanted to buy illegal drugs or weapons, chances are they'd be taking cash out of the atm, not using their debit card... people selling illegal items generally don't want paper trails leading right to them.. the only person not thinking and going to conspiracy theories here is YOU. might want to try that thinking thing you so adamantly suggest...
This should be illegal.
simply reword the clause to say - "transactions can't be used for criminal or illegal activity." PROBLEM SOLVED! and then there's the problem - how do you ENFORCE such a clause?
FACT - the small print, or "fine print" in contracts is invalid. its designed for people not to read and to hide potentially important aspects of the contract. FULL DISCLOSURE is what makes any contract valid. also, no one can change a contract WITHOUT THE CONSENT of all parties involved. corporations and the rich have been using contracts to scam people for 6000 years. 60% of the u. s. was stolen from the native americans using contracts. european colonization of the world succeded through contract scams.
Encouraged by Democrats
@@cjmacq-vg8umnot legal, by who’s definition…..🇺🇸
And fire that person(s) who came up with these restrictions about what people can do with their money. As some people will say, "Then leave the CU". It is easily done as it isn't difficult to find a CU these days since they aren't as selective with who can sign up.
@@saythankyou111 ... by the definition of THE LAW! THE MOST important aspect of contract law is that all parties act in "good faith." which simply means being HONEST. if any participant in any contract is lying or committing fraud the contract is invalid and unenforceable.
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!
Well outside of, don't buy x justifiably illegal thing.
I will spend my money on whatever the hell I want to. Banks can piss off.
`
Except Credit Unions are not Banks. That's another problem - General Population doesn't know the difference between a Bank and a Credit Union.
A lot of people freaking out about this because they can't think in nuanced terms, or can't even think and can only react.
The credit union doesn't seem to be telling people how they can and can't "spend their money". They're saying how you can and can't "use their electronic payment system". There is a difference.
Those clauses are meant to shield the credit union from liability if their electronic payment system is used in a crime. They don't want to be an accomplice, so they throw in this stuff to limit liability.
Nothing says you couldn't still withdraw cash and buy what you want, or use your credit card, etc, looked like just not their electronic payment system. But idk.
I'd be freaked out, I can only pay rent by check or money order, which is paid with my card, and I'm on a low income, fixed budget, so if I use a large amount of money, it takes a few days to to through, unlike small payments that zip right through. @2stoves1
@@2stoves1 You're right. "ebranch" refers to a "personal computer remote access." I.e., your personal computer at home or on your phone. I think they're not only looking to avoid implication in criminal activities but also liability from fraud the customer might encounter. You have to understand the language when reading a contract--as you do.
@@2stoves1 udk ? so the nuanced terms are beyond you too.
I don't even understand the logic behind not allowing someone to use their money for court-ordered payments.
if you skip town the credit card company is responsible.
@@user-nq8vm2iv9vit’s not a credit card company; it’s a credit union. Same thing as a bank in theory and array of services, but they’re usually collectively owned by the members who hold accounts there and have different (usually less expensive and higher yielding) fee and interest structures.
@@user-nq8vm2iv9vmoney in an account is not a credit card.
@@user-nq8vm2iv9v What credit card company?
Credit cards have nothing to do with it.
controlled substances = the potentially life saving prescription your licensed doctor prescribed. Unbelievable.
Exactly what I was thinking
Yup crazy right. Its not just pain pills that are controled. I take Lyrica and its controlled.
Especially since they already said you can't buy illegal drugs, so the only thing "controlled substances" could be are the ones that *are* legal for you.
@@teh-maxh Like beer!
@@antilogism No stupid...like pain medication or medication for seizures (these are just small examples)...anything that is "controlled" and you have to have a DEA number for in order to prescribe. Have you just discovered you have opposable thumbs?
LOL "People were confused". No, I don't think so. That's pretty straightforward wording. You can't use your money to exercise your 2A rights, nor obey any court-ordered payments. Oh, and don't even THINK about buying a large item with a cashier's check..... I'd be suddenly looking for a new bank too.
yes its straightforward wording, but you still missed the point. The condition was you cant use their E Transfer system for the reasons stated. You could still withdraw cash or use debit etc.
shall NOT be infringed
Let the credit union go broke
What a great idea! Any idea who owns the credit union, and thus would be hurt by that?
In Idaho they might
@@briansomething5987 The credit union isn't owned by the depositers you dingbat. You don't own a stake simply by putting your money into the credit union and if they are going to behave in this manner, restricting purchases on firearms, ammunitions and 'hateful materials' they shouldn't be in business and they made it clear if you want to purchase these things go somewhere else. So people will, gfy.
So unlike you Idaho folks to jump on the cancel culture train...
@Milkmans_Son it's not cancel culture, it's shutting down businesses with illegal practices buried in 900 pages of legal speak, it's shutting down an organization that wants to restrict what you can do with YOUR MONEY. It's doing what's right
Insane! They don't want people to pay their child support??
I heard that to. But it said “court ordered”. So I would assume if its court ordered you can’t. But if it’s NOT court ordered. You should still be able to.
@juelzd7172 when are child support payments not court ordered? Child support is something the mother has to file for to get money from a deadbeat dad IIRC
Edit: or a man filing to get money from a deadbeat mom
@@AKJames762 not always court ordered. Some parents are able to coparent and make financial agreements for the kids without the courts. Very rare tho lol
@@juelzd7172then it’s not the historic definition of child support.
Or the IRS.
THANK YOU, CARLA! Your decision to thoroughly read the User Agreement and take action to address the "sketchy" verbiage. I admire your courage and your amazing leadership. I did agree to those terms without reading thinking, "any other bank, I would probably read, but I trust Idaho Central Credi Union." I'm very disappointed I them and their lack of integrity and ethics. Many thanks to you for stepping up!!!
It won’t be long before they will implement a list of approved purchases. Violations will allow them to seize your money.
Can’t use my money to buy things that I’m legal to buy? Nope - I’ll use my money how I see fit.
Should be able to use your money for illegal stuff too.
Californians moving to Idaho with Biden policies
Standard industry overreach.
Standard overreaction commentary. None has gone and verified what they are saying.
@@tsriftsal2069go get in your box car
At least they did us the favor of disclosing that this problem is much larger than we initially suspected.
Bless this woman. People need to leave ICCU.
I closed my accounts years ago at ICCU when they treated me like a child. Most credit unions offer small loans for short term overdrafts. Their policy instead was to charge me a fee if my account dropped below $5. When I asked why they don’t offer to pull the funds from my savings or offer an overdraft loan, they said they expect their members to manage their money better. Thus the fee to teach me a lesson. No thanks. I manage my money by eliminating unnecessary fees. 😊
The Bank got scared when the news got ahold of this! They knew customers would take their money somewhere else and leave them in a bad situation. We the people still have the power we just need to want to stand up for ourselves.
Some of those 'updated' terms still sound egregious to me. If I was the state Attorney General, I would be opening investigations into this nonsense.
When a lot of people start taking out their cash it can quickly cripple a bank. Think back a few months ago with those couple of banks that was making news. People starting taking their money out. A couple of bigger banks came in and bought them so they're doing okay now. The same thing can easily happen to this CU if a lot people started closing their accounts. It can easily happen since people can easily communicate with each other through social media.
Yes but the updated terms are not much better
It too late this is how they feel
Wow … I would NOT use ICCU for my banking. My money $$$$$ and I’ll spend it how I want … just the fact that I couldn’t spend money on ammunition or firearms (I’m a hunter) I’d tell ICCU to go pound sand 🤮🤬🤮🤬🤮
I’m far more worried and confused about not laying court ordered payments, child support or taxes owed from the balance. The firearms thing is dumb but this is super concerning.
@@Marynicole830It was not the payments but FINES related to payments. Still very intrusive.
Then you should apply that to literally every financial institution under the Sun. Because they're just using the laws it's written. When you deposit your money in a bank that money becomes the banks it's no longer yours. They can deny giving it to you for whatever reason they like.
Just think that bank will tell you couldn't use your money to buy birth control like rubbers and what not which means they'll be in your bedroom life next.
Do you normally log into an app like Venmo, CashApp, or ICCU's app to send payment to the retailer selling guns and ammo, or do you swipe a credit card? Only the former is restricted.
Even more puzzling: From ICCU statement on the matter, "On June 26, we updated our eBranch agreement to include STANDARD INDUSTRY VERBIAGE regarding certain transactions." If it's now "standard industry verbiage," it has infected more than just ICCU. And if it's in the Credit Union fine print, it's for sure either already in banking language, or soon will be. What fresh new hell is this?
When's the last time you paid your friend who's not an FFL for that extra gun using Venmo? Or your ex with Zelle? That's the scope of the restriction - an online electronic payment service attached to the bank.
OMG. They can't stop you from writing a check or paying cash. It would just be related to certain electronic payments. All you credit unions or banks will have something similar. Better pull your money from them all!
@@tibbified Write back in a couple of years, maybe less ... let me know how this works out for you. Meanwhile, have a great day!
Yeah the fine print says the rules are for the “ebranch” feature which appears to be their ACH offering. Reporter could have pointed it out… these are not restrictions on debit cards, checks, cash, etc. But the credit union didn’t do themselves any favors with the evasive statement. Just say these restrictions are standard for direct bank transfers and we invite our customers to use their debit card, etc.
@@neddannenberg100 it's not even all ACH transactions - just a bill-pay or customer-initiated ACH via their eBranch software for person-to-person transactions.
Bless her for reading the terms and thank the station for bringing this to light.
There's a big difference between reading and understanding. She failed to understand what eBranch really is. It's an online banking service that includes electronic transfers and bill payment. Think Venmo, Cash App, Zelle, etc.
Pardon?? It's my damned money, I'll use it how I please!!
Not once you have the digital dollar.
@@FosterTravis1071 Can't digitize gold and silver...
@@FosterTravis1071 If it's in a bank it's already digital.
Except that it's not once you've deposited it in the bank. When you give your money to the bank you give your money to the bank it is now their money. People really need to learn this.
@@NotTheRealRustyShackleford yea but unfortunately it's not standardised as fluctuates daily making it really hard to use to make daily purchases. When gold was used as coinage the price was quite stable as it was what currency's value was based upon. You simply can't reapply that any more. I wouldn't accept payment in gold or silver for every day items, for one the price of the everyday item is largely fixed, but the gold and silver could lose 10% of its value in a day and I'd lose money or it'd gain 10% and you'd lose money. This is why dealers always charge spot based on market adjustments.
What the F*CK is wrong with businesses these days? Who the hell do they think they are telling me what I can and can't spend my hard earned money on ? Agree or leave ? DONE I'M OUTTA HERE !!!!!
Us legislators "sold" everything "overseas", NOW, the owners want their stufff...(i.e. you-look up "blackrock")
If you think THIS is bad, just wait until money is all digital.
It's called, "ESG scores"
I don’t understand how anyone, as claimed by the CU, could be “confused” by a sentence which includes saying one cannot use their money to pay child support…unless that confusion lies with the question, “why the hell not?!?”
Is this credit union against people paying court ordered child support? Or…what?
I am confused by that (and most of the restrictions listed) simply because it makes absolutely no sense.
The only way to fight this is to yank all your money out.
If this became widely known, this bank would probably go out of business. Idaho is not a good state to say "you can't buy guns or ammo" in...
A few credit card companies have already done this, so its not surprising a bank is trying it too...and others will follow suit because consumers have no choice but to bank with a bank or credit union due to so many companies no longer being local to pay your bills in person with cash or a check...many places have no clue what a check even is anymore let alone what to do with them LOL....they don't even like cash it seems.
I've worked in banking and most have similar restrictions. What they are failing to tell you is that eBranch is their non-Zelle money transfer system, not check or debit purchases. The fact it is direct transfers exposes the bank to money laundering issues if they are allowed since all other payment methods have legal risk on the reciever's side. So, for example, if you pay a drug dealer with a check, it's their bank who gets in trouble because the money was dirty. If you send the transfer, it becomes your bank's trouble.
@@txquartz
Yes, it's all about them covering their *** in every way possible in order to keep them from being held responsible in any way.
This way if we use it for these things and there is a problem then they can blame us.
@@wildbill23c The irony is. My card company disputed an ammo purchase after the sale was completed. . I only make in person purchases but they expected to decline the purchase when tagged on line through a data base. My ammo dealer is set up as a pawn shop. "Sporting goods" is the heading. The Card co. noticed 5x5.56 pellets on the monthly audit..thats when they refused to pay the ammo dealer and demanded that I settle the account. The thing they were ignorant of, My account was settled the day I made the purchase so my money was in their bank waiting......They had a conniption fit of phone calls and emails. . It looked like they owed me the money if they refused to pay him and it looked like they were trying to take money from a legit business if they didn't pay him. I called the BBB just to stir the pot. It must have worked. .. He contested their non payment & got his money and I was somehow reimbursed for a purchase they said I never made.... I ended up getting $1200 worth of ammo for free and the next bill cycle showed I had a $2400 available Credit on my "Credit card" that only has a $1500 limit.. XP Those idiots actually sent me a certified check for the $1200 purchase to "settle the account" . I now have a $1500 credit limit again and ammo due to their ineptitude.. That was nearly 2 years ago...XP
This is just bad journalism. It does not prohibit buying any of these things with your money, it prohibits the use of Zelle to pay for these things. You can use your debit card, cash or credit card, just not Zelle. Every bank has this policy.
Any luck the good folks in Idaho will put that credit union out of business.
YES
Don't be so sure. 99.9% of customers will be unaffected by this.
@@cgschow1971
If they hear the report, and know the repercussions, they will. And btw a small percent deeply affects profit in smaller companies.
@@cgschow1971
Idaho people do purchase ammo, people do pay penalties for late child support payments (they often do if the state has support enforcement, and are slow to process paperwork), and will likely be kicked out, etc and there'll be even more ruckus. This affects a larger segment of the population than is convenient for the credit union. DEI and woke ideology policies are goingto be more expensive than 5ne bank cares to admit. DEI is another way to say DiE in the business world. Even the hosts acknowledged it...
@@cgschow1971
Even the hosts disagree.
That part about the guns.. thats called infringement of the 2A constitutional right.
@campbellpaul they are skipping government laws that infringed on their rights, so they ignored unlawful orders. They are fine... it's those who passed the laws that infringed on the rights of the people that need to be focused on. We dont get mad at the folks from the Boston tea party throwing the spice and crates in protest, we won't get mad about buying pieces of a tool, to assemble later bevause uncle Sam overstepped his bounds. Not all heroes wear capes, you know? 🤣
OMFG you gun nuts are outta control... lmfao!!!!!
@suzannen.6403 oh yeah it's us. Right... not the domestic terrorists trying to dissolve the constitution because "feelimgs" 🤣🤣🤣
@@campbellpaul spew some more lies lefty 🤡.
You CAN NOT PURCHASE FULL AUTO weapons in England. Unbelievable the 💩 you lefty 🤡s come up with.
This is not true, much like the first amendment doesn't apply to Twitter, the second amendment doesn't apply to companies either.
Those amendments only apply to what the government is allowed to impose.
There's nothing in the Constitution that says that the people who give you the money aren't allowed to say that you're not allowed to use it for certain things, or they'll fire you if you do because they don't want to associate with people who do that.
The same thing goes with banks, if it's a company it's allowed to deplatform certain things.
That doesn't mean it should be allowed to do that but that's how things are set up
You can load documents like this to an AI like Claude (my favorite) or Chat GPT and ask them to summarize them and point out any unusual terms or conditions. It works great
I just checked the prohibited payment section of the credit union I bank with. It reads the same way with the exception of child support sort of issues. I will be contacting them on this issue today. Clearly it is true that we do not own our money. Thankyou very much for the heads up.
Is it blanket, or just using their online bill-pay? Mine has similar "don't use us for illegal stuff" clauses, but only to limit their liability in the chain of the transaction.
Agreement attempts to take away your legal right to use your own money as you see fit, they are not legally responsible for your actions.
Anyone watching this with an acct there, knows what to do!!! %100 GUARANTEE they will change their terms when the $ starts moving out!!!
Not allowing customers to pay their taxes is the quickest way to get your financial institution. shut down.
When your bank starts telling you how you CAN or CAN'T spend your money, it is time to take YOUR money out of that bank.
It doesn’t sound to me like the updated verbiage caused any confusion. It says very plainly in the text that you can’t use it for firearms what is confusing? The bank is using confusion as an excuse. I don’t think this woman sounds confused at all.
just remember, an illegal contract is unenforceable.
They need to take the ‘Idaho’ out of ICCU. Central Credit Union is more appropriate.
If enough customers pull their money out, it will send a message to the executives. They need the deposits in order to meet reserves for all the outstanding loans. If there is a bank run, it will be the next Silicon Valley Bank..... You don't want to wait for FDIC to give you your money....
NCUA not FDIC
It’s very simple, folks! Nobody at the bank read the agreement either. 😂😂😂
Apparently, Hunter came up with the ‘unicorn’ analogy, and dude tried to steal it. She wasn’t having any of that.
Thank you ma’am! Imagine a bank telling you how to spend your OWN MONEY!! I am so impressed with this lady! Backing up her words with actual action! Brava!
I think we need some legislation on this. No willing transaction should be prevented.
Last time the govt made laws about money we got the Fed
@@stvargas69 the government has made many laws about money. Many of them are very good.
@@stvargas69No, that was the FIRST time.
Democrats support this
Which ones
The reply from ICCU really didn't clarify anything. Are they saying that the current terms and conditions with the illegal Section 13, is still in effect? Illegal in the fact that they are saying that I, as an American, cannot utilize my 2nd Amendment rights, nor can I follow a court's order(s) in paying for alimony or child support. If this is 'Standard Industry Verbiage, then there is something wrong with the industry!
Or pay taxes, buy prescription drugs, cigs or beer---surprised gambling isn't banned too.
Nope, it doesn't say that at all. The TV station is so misquoting what it says, as it keeps saying "Account" instead of "eBranch". eBranch is a service of the account. You can use your ICCU debit card to buy a firearm, pay child support, or pay alimony. You can use a check on their account to buy a firearm, pay child support, or pay alimony. If any of those services use online payment processing, they can initiate a purchase off your ICCU account for any of these things.
What the bank is saying is that you cannot use eBranch to initiate a payment directly from the bank using the eBranch payment system to transfer money to do any of these things, similar to if you were to log into paypal to initiate a transfer to a vendor for any of these things. This is their online version of "Bill Pay" that is initiated on the banks end, not the vendors.
@@shaunbroyhill also, something that always seems to get lost in the outrage mix is the fact that customers actually can use eBranch for literally anything they want. Unless the payment is being sent to "Online Hit Man Services" or some such, it will likely to through. There might be consequences after the fact, but that's always true.
Credit Unions have elections for leadership. Get organized, get elected, and vote the filth out of there.
sounds like somebody let in a few too many californians to the area.
I read them fully, once read them live on stream lol.
If you can't pay the IRS , how about getting your tax returns deposited.
That is why we must never give up our cash.
Keep taking money out of the credit union. Make them go under. Screw this bank.
Screw that bank, pull your money out. There are banks EVERY where. That bank is privileged that you allow them to borrow your money for a penny on the dollar. The audacity of them to think they can dictate what you spend your money on.
The _only_ reason I can think of for why the ToS would prohibit using the electronic banking service for paying official orders is if those orders had specific legal requirements for how they had to be paid that the service does not meet. Otherwise I'm sure the corporate lawyers from the bank would have a blast explaining to a judge why they keep blocking the child support payments he ordered.
Credit card companies(and processors) have been doing this for years. They’ve outright made blacklists and refused to work with 2A companies. You might’ve heard where shipping companies signed on to refuse delivery services of these same companies. Fortunately it appeared to be a social posturing bluff.
KTVP thanks for reporting this.
I'm sorry your honor - I can't pay my child support. My credit union says no.
which is not a good thing at all.
The money in that bank is your money so how can they tell you what you can spend your money on?!?!
Unfortunately, bank deposits are unsecured loans to the bank.
Once you deposit money in the bank you become a creditor to the bank. Good luck getting your money out during a bail-in and your claim is way down the line to more senior creditors.
Tell your bank that and let us know how that works out for you....they don't care, once they have your money, they couldn't care less about what you want to buy, as long as it fits their scheming minds.
@@user-lh5re8jh7u yea that is where the government has a legitimate duty to make sure these fuckers aren't doing whatever they want, unfortunately our government is more out of control than these banks. All the scumbags of society are trying to push their luck with the producers and contributers in society. It will run out eventually.
Since when can a bank or credit union tell you how you can spend your own money???
They can't. Many of these 'terms and conditions' are already illegal by state law if not federal law. They are pushing hoping to 'skware' people into not doing LEGAL transactions that BY THE LAW they cannot interfere in NOR drop people's accounts for.
Since you clicked agree, apparently.
When you agree to let them by agreeing to their terms and conditions.
As soon as you open an account and put money in it, they can do as they please.
It's not about how you spend your MONEY, it's about how you use EBRANCH. Do you need help understanding the difference?
3:58 I tried that. No one there could explain what the lawyer words meant. After over 30 years there, I went some where else.
US Bank tried this with me. I'm no longer with them since they put that I couldn't use my money for a money order which at the time I had to pay rent through a money order as my apartment wouldn't accept any other payments (stupid scammers messing things up and thank God my apartment complex fixed it so we have other ways to pay). After that if it deals with money I'm reading the terms and conditions
Wait a second... You can't use YOUR money to pay CHILD SUPPORT ??? ... HUH ??? ...
Other person noted that it said couldn't use the ICCU ETF system for making those payments. Probably to keep itself from getting blamed for missed payments.
I wanna hear what the courts have to say about that one when someone says they can't pay because their bank won't allow them to....
@@johnwilliams7922 Disclaimers about timeliness would legally protect them. Its like if the Post Office said you can't use the post office to send tax returns, or child support or whatever because there is no guarantee of timely processing.
@@boomergames8094 Probably. Always room for weaseling.
How can any bank ban a customer from the use of their own funds for any lawful purpose?
They can't. If these 'TOS' were challenged in a court of law, the judges would laugh them out of the courts, saying "NOT ENFORCEABLE IN THE DAMNED SLIGHTEST!"
They don't, but every bank has them - not just this one. What they're essentially doing is distancing themselves from the crime.
There's nothing out of the ordinary here. The terms are for use of THE MOBILE APP, not usage of the account itself. There are laws governing what you can do with electronic money re: money laundering. There's nothing to prevent you from withdrawing cash at a branch and spending it however you like, or using a checking-linked debit card for any legal transactions where the card issuer (Visa, MasterCard, etc.) is accepted. People need to read the T's & C's, yes, but they also need to understand what the &^$% they're reading and what it applies to.
Nothing preventing you from withdrawing cash except for caps on how much cash you may withdraw on any given day; a requirement to provide information as to WHY you are withdrawing cash (remember that $600 in/out reporting requirement, if you can even get it ... most banks/CUs have ). It's seems far easier for everyone to stick their noses in and track mobile payments than to ferret out someone squirreling away cash and using it. Seeing as how we're heading to mostly app-based financials, it is problematic.
Thanks News 7 for putting this story out!!
Bud Light this company
And Target plus Tractor Supply.
@@rufusmacck3712plus John Deer too
You guys are getting really good at cancel culture. Keep it up!
@xphiles2345 - Just don't be impulsive about it. Back to that part about standard usage of language. You can pull your money out of credit union A but the other banks and credit unions might very well already have the same stipulations.
@@TheTibetyak yeah, i get it, you cant boycott everything.....i do my best though
"Well sry babe, I'd like to pay my child support, but my bank won't let me (😜)."
someone in marketing thought it would be a good idea to pick up the deadbeat spouse market... ;)
I want to hear what the courts start saying when this starts happening, because we know damn well its gonna become an issue pretty soon. I mean I guess its a great excuse for those who have no intentions of ever paying their child support but those who are doing the right thing, great, let's just allow a bank to make it harder for them to do what they're supposed to be doing.
Good journalism! 👏🏼👏🏼👏🏼
We should all get used to reading T&Cs, even those that change frequently, and fighting back at every opportunity. Stay free, my friends.
They said this is industry standard so I guess I'll be checking my account terms and conditions too!
It might be a good idea for all of us to read our agreements with our own financial institutions.
Probably don't want to, I bet most of them say similar things.
Better yet re-read your DoI and Bill of Rights then ask yourself: do I consent to this kind of corporate governance? The answer should be No and the act should be closing all bank accounts in favor of cash.
I just found out that in New Zealand you are required to tell your bank what you need the money for when you make a withdrawal. There’s a guy going around taking money out of his accounts and claiming it’s for all sorts of embarrassing/funny reasons. They haven’t said that they will deny you for taking the money out, just that they have to know why you’re taking the money out.
Having to pay off his prostitute!
I believe that may be true in u.s. for amount over 10,000.
@@visitingfromsantafe1329 not yet
They also ask where you got the money for deposit if it’s a lot of cash or even a check!
I'm withdrawing my money because I can, its my money, simple as that.
The revisions on the terms of use just mean the bank defines illicit. It is worse because it can be way more than the previous list.
Thank you for real informative and useful NEWS KTVB.
I don't even have an ICCU account and I'm closing it too 😅
I think this is a great heads up for ALL of us, in Idaho & not.
@@suzanneroberge494 yes it is 👌 the best way to not be without money is have money here and there and somewhere else,
@@suzanneroberge494 yes it is 👌 I live in Texas
Thank you for airing this. I hope all the members of the credit union close their accounts. Make better choices and the world will get better.
@@tibbified That is how they will control you. Tow the line or no money.
Firearms are constitutionally protected and lawful to purchase.
I have never been an ICU customer, but with all of their stupid regulations, I would never consider putting money in their institution. "Standard Industry Practices" are riddled with DEI and other "woke" ideas. Such garbage has no place in Idaho and ICU should either change their "Terms and Conditions" or be ready to lose a lot of members.
An Idaho only company did something this stupid? I understand when a national bank does this, but in a state that is this pro-2A? They're almost literally asking to go out of business.
That’s exactly what my first thought was, it was like that “Never go full retard” meme, 😂 especially knowing that a decent amount of 2A supporters have purposefully moved there. Must be a CU run by a SoCal type.
Still managed by leftists, likely from or in California. Remember: A leftist cannot allow anyone else to live in a manner the leftist doesn't approve of. They will use anything at their disposal to enforce their agenda and will on you. NEVER give a leftist a position of authority in ANYTHING.
ICCU hasn't been on my good list for a while in the first place, I guess they want to compete with top place for worst bank along side Wells Fargo.
The managerial class isn't pro 2a.
@@Milkmans_Son Are you an ICCU employee?
Why do you think it matters that these terms were supposedly for "eBranch" services? How does that change any of our complaints? Why did you bring up the FDIC? Are you saying that ICCU is going to fail soon? Are you aware that the FDIC doesn't cover your entire deposit? It only covers up to 250,000 dollars.
So, are you saying that anyone with more than 250,000 dollars in ICCU should immediately remove their money from the Union because you believe that ICCU is on the brink of imminent failure? There's literally no other reason to bring up FDIC. Especially since I didn't bring it up.
Hey look! Idahoans do understand things. We aren't as stupid as ICCU thought we were.
If this is your defense, you might want to rethink it. That's absolutely ridiculous. Bringing up a completely irrelevant fact, and then saying the bank is going to fail is not a good way to instill confidence.
Thanks Patterson !
Good for her. Raising awareness that banks are not neutral. Resist!
That bank won’t be around in a few decades
One person once set up a public wifi access point in a coffee shop where the terms and conditions included "surrendering your first born child to the owner of the access point". It wasn't hidden, he even made a header intended to get your attention if you even skimmed it. Not one person in the coffee shop mentioned it because, obviously, they didn't see it.
Send the new version to the Federal Trade Commission and the F.D.I.C because it sounds like they are trying to make you commit contempt of court.
They don't care, they'll get away with whatever they want because like politicians, doing things legally isn't in their understanding.
Any fresh out of law school attorney can probably get you off a contempt charge that was filed for violating a bank's terms of service... since, it, ah, well, it makes no sense whatsoever.
Ask the IRS if they are fine with banks preventing people from paying their taxes.
Nice to see actual reporters reporting. I will start shopping for a replacement bank today.
Except they're reporting inaccurately by conflating the term eBranch with the customer's entire account. They're not the same.
This credit union seems to think the money you have in their institution belongs to them.
My old job involved reading and understanding the End User Agreement for software, the ones that you either accept or reject when you use their software. If you think that is all there is, there is usually more where additional uses of their software is further defined by their attorneys. It is not available to you until you ask or violated their agreement.....
Imagine telling someone how to spend their hard earned money.
And if you have to carry all your cash around with you, or store it in your home, because all the credit unions and banks have similar policy - Well your cash is now subject to civil forfiture.
I'm another person who read the new terms levied when my smaller bank became absorbed by a much larger bank recently. I live in Nevada, and this has happened to me 4-5 times in a couple of decades. The trouble with opting out of one bank and looking for another (I don't know the situation in Idaho) is that ICCC is correct. This language is in nearly every set of terms from banks these days because they're under more central control. Whereas smaller, local banks and credit unions used to be bastions of more freedom and independence and have close customer relations, the banking system throughout America is tightening, and restrictions like these are included (like not purchasing a gun or ammo) in nearly every agreement. Granted, these restrictions referred to ebranch or your personal computer or smartphone, but such terms usually indicate into which direction they're heading. In other words, you could still purchase a gun by withdrawing money; writing a check; or using a debit card unless restrictions have been placed in these areas, too. Not good unless truly local banks, who serve their customers, continue. Since I'm hoping to relocate to Idaho in the near future, I didn't bother changing banks.
Pull it all out
That's how I ended up with three kids.