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<p class=MsoNormal><font size=3 face=Arial><span style='font-size:12.0pt;
font-family:Arial'>This e-mail does not require action on your part. We are
simply notifying you of a change in the terms of the AccelaPay card, which will
be effective August 15, 2010, in case you have questions from employees who
receive notice from U.S. Bank.</span></font> <font face=Arial><span
style='font-family:Arial'>If employees do contact you with questions, please
refer them to the U.S. Bank AccelaPay Visa card <st1:place w:st="on"><st1:PlaceName
w:st="on">Customer</st1:PlaceName> <st1:PlaceName w:st="on">Care</st1:PlaceName>
<st1:PlaceType w:st="on">Center</st1:PlaceType></st1:place> -- 866-363-4134.</span></font><br>
<font face=Arial><span style='font-family:Arial'> </span></font> <br>
<font face=Arial><span style='font-family:Arial'>Recent amendments to Reg E,
the U.S. Electronic Funds Transfer Act, require that financial institutions
have consumers confirm their intent to participate in, or opt in to, overdraft
coverage associated with ATM or one-time point of sale card transactions.</span></font>
<br>
<font face=Arial><span style='font-family:Arial'> </span></font> <br>
<font face=Arial><span style='font-family:Arial'>Currently AccelaPay
cardholders might create an overdraft when they “pay-at-the-pump”
for gas or add a tip to a restaurant signature based purchase. Under the
current regulations, U.S. Bank covers the overdraft and charges the cardholder
a fee of $17.00.</span></font> <br>
<font face=Arial><span style='font-family:Arial'> </span></font> <br>
<font face=Arial><span style='font-family:Arial'>Under the new regulations, the
AccelaPay cardholder must specifically choose to have overdraft coverage, with
the accompanying fee. If the cardholder does not choose overdraft coverage, <st1:country-region
w:st="on"><st1:place w:st="on">US</st1:place></st1:country-region> bank will
not cover the overdraft and <u>cannot</u> charge an overdraft fee on these
transactions. The exception is a recurring transaction, such as a monthly gym
membership debited to a prepaid card account, where the bank can charge an
overdraft fee even if the cardholder chooses not to opt in to overdraft
coverage.</span></font> <br>
<font face=Arial><span style='font-family:Arial'> </span></font> <br>
<font face=Arial><span style='font-family:Arial'>Opting in to overdraft
coverage will now be an <u>optional</u> service. For cardholders that <u>opt in</u>
to overdraft coverage, U.S. Bank may authorize and pay ATM and everyday prepaid
card transactions when there is not enough money in the account, like the
gasoline example above. This way, cardholders may be covered for an unexpected
emergency or avoid the inconvenience of having their transactions declined.
Cardholders may be assessed overdraft fees if US Bank pays any overdraft item. </span></font><br>
<font face=Arial><span style='font-family:Arial'> </span></font> <br>
<font face=Arial><span style='font-family:Arial'>Beginning in August, US Bank
will send AccelaPay cardholders a letter with information regarding the option
to receive overdraft coverage. Cardholders will be able to opt in to overdraft
coverage, which will be effective August 15, by:</span></font> <o:p></o:p></p>
<ul type=disc>
<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
mso-list:l0 level1 lfo1'><font size=3 face=Arial><span style='font-size:
12.0pt;font-family:Arial'>Mailing or faxing an opt in form included with
the letter </span></font><o:p></o:p></li>
<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
mso-list:l0 level1 lfo1'><font size=3 face=Arial><span style='font-size:
12.0pt;font-family:Arial'>Contacting a customer service representative</span></font>
<o:p></o:p></li>
<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
mso-list:l0 level1 lfo1'><font size=3 face=Arial><span style='font-size:
12.0pt;font-family:Arial'>Logging in to their account on </span></font><a
href="http://www.accelapay.com/" title="blocked::http://www.accelapay.com/"><font
face=Arial title="blocked::http://www.accelapay.com/"><span
style='font-family:Arial'>www.accelapay.com</span></font></a><o:p></o:p></li>
</ul>
<p class=MsoNormal><font size=3 face=Arial><span style='font-size:12.0pt;
font-family:Arial'>U.S. Bank will not provide overdraft coverage to any
cardholder unless that cardholder elects to receive such coverage. For cardholders
that decline overdraft coverage (or do not respond to the letter), U.S. Bank
will not authorize and pay ATM or everyday prepaid card transactions if there
is not sufficient funds in the cardholder’s account. Cardholders will not
be assessed an overdraft fee. </span></font><br>
<font size=2 color=navy><span style='font-size:10.0pt;color:navy'> <o:p></o:p></span></font></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'> <br>
</span></font><strong><b><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>Katherine Bremser<br>
Training Coordinator<br>
<st1:State w:st="on"><st1:place w:st="on">Oregon</st1:place></st1:State>
Statewide Payroll Services<br>
State Controller's Division<br>
Department of Administrative Services <br>
503-378-6777 ext. 295 <br>
<st1:place w:st="on"><st1:PlaceName w:st="on">Online</st1:PlaceName> <st1:PlaceName
w:st="on">Resource</st1:PlaceName> <st1:PlaceType w:st="on">Center</st1:PlaceType></st1:place>:
<a href="http://oregon.gov/DAS/SCD/OSPS/"><font color=black><span
style='color:windowtext;text-decoration:none'>http://oregon.gov/DAS/SCD/OSPS/</span></font></a>
<br>
Data Classification: Level 1 - Published</span></font></b></strong><o:p></o:p></p>
<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>
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