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The Electronic Funds Transfer Act, better known as Regulation E, was first enacted in 1978 with the purpose of protecting consumers' financial accounts from liability for unauthorized transactions. Regulation E may limit your liability for unauthorized transfers of funds from a personal, family, or household account initiated by electronic means, including a telephone, computer, cell phone, and ATM/Debit card.

In order to take advantage of the protections under Regulation E, you must notify Lake Trust Credit Union immediately if you believe your ATM/Debit card, Online, Mobile, or Phone Banking login credentials may have been stolen or compromised. Also, review your account activity and periodic statement — promptly report any errors or unauthorized transactions