When should a Letter of Indemnification From be filled out?

A Letter of Indemnification form is required for any approved cash withdrawal over $10,000.

The Letter of Indemnification must be signed by the member at the time the cash is picked up, and should also be completed if the withdrawal is considered unusual or unexpected activity for the member.

Branch Managers may approve cash withdrawals up to $15,000, while any amount over $15,000 requires approval from Operations.





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