American Airlines Employees Federal Credit Union v. Martin

OPINION

TERRIE LIVINGSTON, Justice.

In 1990, Tim Martin, appellee, opened a savings account at American Airlines Employees Federal Credit Union (“Credit Union”). Four years later, the Credit Union adopted a deposit agreement shortening the statutorily prescribed one-year time period in which a customer could assert claims to 60 days.

On June 10, 1995, Molly Blair, Martin’s girlfriend, fraudulently added herself as co-owner of Martin’s savings account. Over the next six months, Blair transferred approximately $49,800 from Martin’s account to her own account.

The Credit Union mailed Martin notices…