KCCU strongly believes in providing you with the tools to prepare for emergencies. One type of emergency you can be ready for is financial. Assuming that your car might break down, or that you will want to buy presents for birthdays, Christmas or other holidays. or that you will have something you want to do or somewhere you need to go unexpectedly is actually LIKELY. So why leave it to chance, and why borrow for things you could save for?
A third party is an individual or entity, other than the account holder or those authorized to give instructions about the account, who directs what happens with the account. For example, if an account were opened in one individual’s name for deposits that are directed by someone else, the other person or entity would be a third party.