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First State Bank
DISCLOSURE REQUIRED BY FEDERAL LAW
CONSENT FOR ELECTRONIC DISCLOSURES
UNDER THE ELECTRONIC SIGNATURES IN
GLOBAL AND NATIONAL COMMERCE ACT
Please read this Electronic Records Disclosure carefully and keep a copy for your records. You must click the - accept - button at the end of this Consent and Agreement to continue enrollment.
This Consent and Agreement for Electronic Disclosure contains important information about how we will electronically make available to you disclosures and notices required by applicable law, whether available now or in the future (the "Services"). They may include Online Access Agreements and Regulation E Disclosures. We will also refer to all disclosures and notices, as well as all other communications with you about the Services as a "Notice". This is your copy of the Consent.
If you elect to receive your notices through electronic delivery, available notices will no longer be distributed on paper unless you contact us and request a paper version. To request a paper copy of a particular notice, either submit your request via a secure message available within NetTeller and then "New", or fax your request to the Bank at (815) 538-2327 or call us at (800) 362-9623. As stated in our Schedule of Charges, charges for a particular statement/notice may apply.
We will also request that you demonstrate to us that you are able to electronically access, receive and retain notices as required by law.
Your consent, which will be given by clicking on the "I agree to the listed terms" and "Accept" buttons will authorize First State Bank to electronically make available to you, your notices mentioned above.
To discontinue this electronic delivery service, submit your request directly to First State Bank. You may do so either by a secure message available within NetTeller, by faxing it to the Bank at (815) 538-2327, or by contacting us by telephone at (800) 362-9623. We will not charge a fee to discontinue Electronic Delivery.
To be able to receive and view your notices electronically, you must satisfy the hardware and software requirements detailed below. We will notify you of any change to these hardware and software requirements if the proposed change will adversely affect your ability to access, receive and retain subsequent electronic notices from us.
The minimum hardware and software requirements, which you must satisfy at your own expense, are as follows:
- IBM compatible, Macintosh, or mobile device with Internet connectivity, that uses one of the two most recent versions of the following internet browsers:
- Internet Explorer
- Mozilla Firefox
- Google Chrome
- Safari
- Adequate storage space to download your notice if you so desire
- A monitor capable of displaying Internet Web pages and graphics
- A printer capable of printing graphics if you wish to print your notices.
Your Communication to Us. To the extent permitted by applicable law, any message you send to us will not be effective until we receive it and have had a reasonable opportunity to act on it. We therefore strongly suggest that you report all matters requiring immediate attention to us by calling us at (800) 362-9623. We recommend that you do not use email to communicate confidential information since Internet email may not be secure. As an alternative to email, please use NetTeller's secure message feature to communicate with us. We may, however, require you to provide us with written confirmation regarding any such matter.
IT IS YOUR RESPONSIBILITY TO ENSURE THE VALIDITY OF THE EMAIL ADDRESS YOU REGISTER WHEN ENROLLING FOR ELECTRONIC FUND TRANSFER SERVICES. SELECT THE "OPTIONS" TAB FROM WITHIN NETTELLER IF YOU WISH TO UPDATE AN EMAIL ADDRESS.
Electronic Fund Transfers
Your Rights and Responsibilities
The Electronic Fund Transfers we are capable of handling for consumers are indicated below, some of which may not apply to your account. Some of these may not be available at all terminals. Please read this disclosure carefully because it tells you your rights, and obligations for these transactions. You should keep this notice for future reference.
TYPE OF TRANSFERS, FREQUENCY AND DOLLAR LIMITATIONS
(a) Prearranged Transfers.- Preauthorized credits. You may make arrangements for certain direct deposits to be accepted into your checking and/or savings account(s).
- Preauthorized Payments. You may make arrangements to pay certain recurring bills from your checking and/or savings account(s).
- You may authorize First State Bank to initiate a manual one time ACH.
(b) Telephone Transfers.
You may access your account(s) by telephone at 815.538.7466 or 800.358.9979 using a touch tone phone, your account numbers, and your PIN to:
- Transfer funds from checking to savings
- Transfer funds from savings to checking
- Make payments from checking to loan account(s) with us
- Make payments from savings to loan account(s) with us
- Get checking account(s) information
- Get savings account(s) information
(c) ATM Transfers.
You may access your account(s) by ATM using your ATM/Debit card and personal identification number (PIN) to:
- Make deposits to checking accounts
- Make deposits to savings accounts
- Get cash withdrawals from checking or savings accounts. The standard limit for ATM cash withdrawal is $300 per day.
- Transfer funds from savings to checking
- Transfer funds from checking to savings
- Get checking account(s) information
- Get savings account(s) information
(d) Point-of-Sale Transactions.
Using your card:
- You may access your checking account to:
- Purchase goods in person, by phone, or by computer
- Pay for services in person, by phone, or by computer
- Get cash from a merchant, if the merchant permits, or from a participating financial institution, and do anything that a participating merchant will accept.
The standard limit is $1,000.00 in transactions per day.
(e) Computer Transfers.
You may access your account(s) by computer by using our internet banking solution, NetTeller, and using your login ID and password to:
- Transfer funds from checking to checking
- Transfer funds from checking to savings
- Transfer funds from savings to checking
- Transfer funds from savings to savings
- Make payments from checking to loan account(s) with us
- Make payments from savings to loan account(s) with us
- Make payments from your checking account to pay bills electronically
- Transfer funds to/from your account with us to/from your account with another financial institution.
- Initiate payments to other person(s) using FSB P2P (person to person)
- Get checking account(s) information
- Get savings account(s) information
(f) Mobile Banking Transfers.
You may access your account(s) by web-enabled cell phone by mobile app or browser and using your log in ID and Password to:
- Transfer funds from checking to savings
- Transfer funds from savings to checking
- Transfer funds from checking to checking
- Transfer funds from savings to savings
- Make payments from checking to loan account(s) with us
- Make payments from savings to loan account(s) with us
- Make payments from your checking account to pay bills electronically
- Get checking account information
- Get savings account information
- Transfer funds to/from your account with us to/from your account with another financial institution.
- Initiate payments to other person(s) using FSB P2P (person to person)
- You may be charged access fees by your cell phone provider based on your individual plan. Web access is needed to use this service. Check with your cell phone provider for details on specific fees and charges.
(g) Electronic Fund Transfers Initiated by Third Parties.
You may authorize a third party to initiate electronic fund transfers between your account and the third party account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check to an electronic fund transfer or to electronically pay a returned check charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third party transfers will require you to provide the third party with your account number and financial institution information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your financial institution and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to:
- Electronic check conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to pay for purchases or pay bills.
- Electronic returned check charge. You may authorize a merchant or other payee to initiate an electronic fund transfer to collect a charge in the event a check is returned for insufficient funds.
An OD could result from checks paid, electronic funds transfers, or other withdrawal requests;
payments by you; return of unpaid items deposited; bank service charges; or deposit of items.
GENERAL LIMITATIONS
In addition to those limitations on transfers elsewhere described, if any, the following limitations apply:
- Transfers or withdrawals from a Money Market or Savings account to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party, are limited to 6 per month. If you exceed the transfer limitations set forth above, your account will be subject to closure. Repeated violations require account closure, change of account type, termination of transfer capability or other remedial actions.
FEES
- We charge $25.00 each for manual one time ACH.
- We will charge you a $3 fee for transfers or withdrawals you make using an ATM not owned by our bank.
Except as indicated above, we do not charge for Electronic Fund Transfers.
ATM Operator/Network Fees:
When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).
DOCUMENTATION
(a) Terminal Transfers. You can get a receipt at the time you make a transfer to or from your account using a(n)
- automated teller machine
- point-of-sale terminal.
You may not get a receipt if the amount of the transfer is $15 or less.
(b) Preauthorized Credits. If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, you can call us at the telephone number listed below to find out whether or not the deposit has been made.
(c) In addition, - You will get a monthly account statement from us, unless there are no transfers in a particular month. In any case you will get a statement at least quarterly.
PREAUTHORIZED PAYMENTS
(a) Right to stop payment and procedure for doing so. If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here?s how:
Call or write us at the telephone number or address listed in this disclosure, in time for us to receive your request 3 business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call.
We charge $30 for each stop payment.
(b) Notice of varying amounts. If these regular payments may vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set).
(c) Liability for failure to stop payment of preauthorized transfer. If you order us to stop one of these payments 3 business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.
FINANCIAL INSTITUTION'S LIABILITY
(a) Liability for failure to make transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:
- If, through no fault of ours, you do not have enough money in your account to make the transfer.
- If the transfer would go over the credit limit on your overdraft line.
- If the automated teller machine when you are making the transfer does not have enough cash.
- If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
- If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.
- There may be other exceptions stated in our agreement with you.
CONFIDENTIALITY
We will disclose information to third parties about your account or the transfers you make:
1. where it is necessary for completing transfers; or
2. in order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; or
3. in order to comply with government agency or court orders; or
4. if you give us written permission; or
5. as explained in the separate Privacy Disclosure.
UNAUTHORIZED TRANSFERS
(a) Consumer Liability. Tell us at once if you believe your card and /or code has been lost or stolen, or if you believe that an electronic fund transfer has been made without your permission using information from your check. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within 2 business days after you learn of the loss or theft of your card and/or code, you can lose no more than $50 if someone used your card and/or code without your permission. Also, if you do NOT tell us within 2 business days after you learn of the loss or theft of your card and/or code, and we can prove we could have stopped someone from using your card and/or code without your permission if your had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by card, code or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time.
If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time period.
MasterCard Debit Card. Additional Limits on Liability for your First State Bank Debit Card. You will not be liable for any unauthorized transactions using your MasterCard debit card if: (i) you can demonstrate that you have exercised reasonable card in safeguarding your card from the risk of loss or theft, (ii) upon becoming aware of a loss or theft, you promptly report the loss or theft to us. MasterCard is a registered trademark of MasterCard International Incorporated.
*Please note the term "code" refers to your PIN (Personal Identification Number).
(b) Contact in event of unauthorized transfer. If you believe your card and/or code has been lost or stolen, call or write us at the telephone number or address listed at the end of this disclosure. You should also call the number or write to the address listed at the end of this disclosure if you believe a transfer has been made using the information from your check without your permission.
ERROR RESOLUTION NOTICE
In case of errors or questions about your electronic transfers, call or write us at the telephone number or address listed below, as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared.
1) Tell us your name and account number (if any).
2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information.
3) Tell us the dollar amount of the suspected error.
If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days.
We will determine whether an error occurred within 10 business days (5 business days if involving a Visa point-of-sale transaction processed by Visa or 20 business days if the transfer involved a new account) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days (90 days if the transfer involved a new account, a point-of-sale transaction, or a foreign-initiated transfer) to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days (5 business days of involving a Visa point-of-sale transaction processed by Visa or 20 business days if the transfer involved a new account) for the amount you think is in error, so that you will have use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your account. An account is considered a new account for 30 days after the first deposit is made, if you are a new customer.
We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation.
You may ask for copies of the documents that we used in our investigation.
ADDITIONAL INFORMATION
For error resolution call, write, or contact us through our website:
FIRST STATE BANK
706 WASHINGTON STREET - PO BOX 50
MENDOTA, IL 61342
815.538.2265 OR 800.362.9623
Our business days are Monday - Friday
Holidays not included
You may also send a secure message via the "Contact U"
Form under "About FSB" on our Website: http://www.firststatebank.biz
Or
From the Secure Customer Message Center
On NetTeller via the "Contact" tab.
First State Bank
Bill Pay Terms and Conditions
First State Bank strives to provide you with the highest quality Bill Payment Service ("Bill Pay"). By accepting this Agreement or by using Bill Pay, you acknowledge that you have received and understand the terms of this Agreement and you agree to be bound by this Agreement as it may from time to time be amended by First State Bank.
You may use First State Bank's Bill Pay Service to direct First State Bank to make payments from your designated checking account to the "Payees" you choose in accordance with this agreement. The terms and conditions of this agreement are in addition to the account agreements, disclosures and other documents in effect from time to time governing your account.
You may pay any Payee within the United States. First State Bank is not responsible for payments that cannot be made due to incomplete, incorrect, or outdated information.
Definitions- "Account Documentation" means all terms and conditions, disclosures and documents provided to you in connection with the opening of your Payment Account(s) and any related services.
- "Business Day" means every day except Saturday, Sunday, and legal Federal Holidays.
- "Login credentials" refer to your user identification number ("NetTeller Login ID") and NetTeller Password assigned to you by us or chosen by you for use with NetTeller Online Banking and Bill Pay.
- "Payment Account(s)" means any checking account that you designate to be used for payments made through the Bill Pay Service.
Bill Pay Services and Fees
Bill Pay users are able to give First State Bank an order to:
- Make single or recurring payments to:
- Pay companies - no fee
- Pay individuals - no fee
- Pay banks or credit unions - no fee
- Expedite urgent payments
- Via overnight delivery to check payees - $19.95 each
- Via 2nd Day delivery to check payees - $14.95 each
- Via 2nd Day delivery to electronic payees - $4.95 each
- Issue gift checks - $2.99 each
- Make donations - $1.99 each
Bill Pay also enables users to set up and view eBills from eligible payees.
Bill Pay fees may be incurred and charged to your payment account upon usage of the respective service. You will be notified of any amendments to Bill Pay Fees by written notice at least 21 days in advance of the effective date. Continued use of the service after the fee becomes effective indicates your acceptance and agreement of the fees disclosed.
Bill Pay Provisions
Any payment from your designated checking account made through Bill Pay will be made by either a check drawn on your designated checking account or by an electronic transfer of funds to the payee.
The Bill Pay system calculates an "estimated arrival date" for your payment. Be advised that date is only an estimate, so allow sufficient time for your payments to reach your payees.
You are responsible for submitting any payment order in adequate time to allow it to be processed and the payment sent so that it is received by the designated payee by its due date.
Payment Processing
Single Payments - A single payment will be processed on the business day that you designate as the payment?s processing date, provided the payment is submitted prior to the daily cut-off time on that date. First State Bank?s daily cut-off time is currently 2:00 PM Central Time.
A single payment submitted after the cut-off time on the designated process date will be processed on the next business day. If you designate a non-business date (generally weekends and certain holidays) as the payment?s processing date, the payment will be processed on the first business day following the designated processing date.
Recurring Payments - When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:
- If the recurring payment?s "Pay Before" option is selected, the processing date for the new occurrence of the payment is adjusted to the first business date prior to the calculated processing date.
- If the recurring payment?s - Pay After - option is selected, the processing date for the new occurrence of the payment is adjusted to the first business date after the calculated processing date.
Note: If your frequency settings for the recurring payment specify the 29th, 30th, or 31st as a particular day of the month for processing and that day does not exist in the month of the calculated processing date, then the last calendar day of that month is used as the calculated processing date.
Changing or Cancelling a Payment
You may cancel or change a bill payment at any time prior to the cutoff time on the scheduled processing date.
Funds Availability
- Electronic Payments-Funds must be available in the designated payment account at 2:00 PM Central Time in order to process your payment. If funds are not available on the payment date, the Bill Pay system will attempt to process the payment on the next business day, and every business day thereafter up to a total of 5 business days after the originally scheduled payment date. If funds are still not available after those attempts, the system will cancel the payment, and no funds will be withdrawn from your payment account.
- Check Payments-When payments are made by check, funds are withdrawn from your designated account upon presentation of the check to First State Bank for payment. If funds are not available to pay the check at the time of presentation, First State Bank can either pay the check or return the check unpaid to the payee. In either case, First State Bank may charge your designated payment account either an overdraft fee or an NSF returned item fee. Both fees are currently $30.
Liability
- It is your responsibility to safeguard your login credentials. Notify us at once if you believe your NetTeller Login ID and/or your NetTeller Password have been lost or stolen, compromised, or used without your permission, or if you suspect someone has discovered your NetTeller Password. Telephoning the bank at 800-362-9623 during business hours, or at 855-222-5976 after business hours is the best way to minimize your losses.
- You will be responsible for any bill payment request you make that contains an error or is a duplicate of another bill payment.
- First State Bank is not responsible for a bill payment that is not made if you did not properly follow the instructions for making a bill payment.
- First State Bank is not liable for any failure to make a bill payment if you fail to promptly notify First State Bank after you learn that you have not received credit from a "Payee" for a bill payment.
- First State Bank is not responsible for your acts or omissions or those of any other person, including, without limitation, any transmission or communications facility, and no such party shall be deemed to be First State Bank's agent.
Amendment
First State Bank has the right to change this agreement at any time by notice mailed to you at the last address shown for the account on First State Bank's records, by posting notice in branches of First State Bank, or as otherwise permitted by law.
Termination
First State Bank reserves the right to terminate this agreement at any time.
If you do not schedule or process a payment with the Bill Pay service for six (6) consecutive months, we may terminate your use of Bill Pay without prior notice.
You may terminate this agreement by written notice to First State Bank, Attn: Customer Service, 706 Washington St., Mendota, IL 61342, or by secure message via the "Contact Us" form under "About FSB" on our website: http://www.firststatebank.biz