Received an email with updated terms from psecu recently. I wonder what "in order to minimize account maintenance costs" means? Though I guess it says those who "violate our membership agreement" in order to minimize account maintenance costs. Here's what the new language says.
"To expel members who violate our membership agreement in order to minimize account maintenance costs and the potential risk of future losses.
A member may be expelled from membership in the Credit Union for cause. Cause includes a monetary loss to the Credit Union of $50 or more and/or violation of the membership agreement. A member who causes the Credit Union to incur monetary loss of $50 or more will be automatically expelled.
