Thank you for your interest in the State Bank
of Wapello Internet Banking service. This Agreement and
Disclosure Statement provides information about the State Bank
of Wapello internet banking service and contains the disclosures
required by the Electronic Funds Transfer Act. Please review the
following disclosure information.
Once you have completely reviewed the information, click “I
Understand and Accept” to indicate your agreement and to begin
the process of Internet banking.
The undersigned ("I" or "we"), in consideration of The State
Bank of Wapello ("you" or "your") issuing me Login Codes for access to Internet
Banking, hereby agrees to be legally bound by the following terms and
conditions.
1. Internet Banking Services
I have the Checking and/or Savings account(s) with you set forth
on my application form. I hereby request that you issue to me Login Codes to be
used in connection with such accounts as described in the Agreement. I
understand I may use Internet Banking to
a) transfer funds between accounts
b)
obtain available balances on accounts
c)
obtain the current balances on accounts
d)
obtain transaction history on accounts
2.
Identification Number and Password
I understand that access
requires the use of unique Login Codes assigned by you. I agree that electronic
copies of communications are valid and I will not contest the validity of the
originals absent proof of data or tampering. I understand that accessing
Internet Banking with my Login Codes will authenticate and validate the
directions given just as my actual signature will authenticate and validate my
direction given to you. I acknowledge that my Login Codes are identification
codes that are personal and confidential and that the use of the Login Codes is
a security method by which you are helping me to maintain the security of my
account(s). Therefore, I AGREE TO TAKE ALL REASONABLE PRECAUTIONS THAT NO ONE
ELSE LEARNS MY LOGIN CODES. I AGREE THAT IF I GIVE MY LOGIN CODES TO SOMEONE
ELSE TO USE, I AM AUTHORIZING THEM TO ACT ON MY BEHALF AND I WILL BE RESPONSIBLE
FOR ANY USE OF THE CODES BY THEM AT ANYTIME.
3.
Personal Computer Security
I understand that I am responsible for the security of the
computer(s) used to connect with your online services. I agree to
•
Install security patches for my operating system
and browser as soon as they become available.
•
Use up-to-date anti-virus/anti-spyware software.
•
Use a firewall that blocks external access to my
computer.
•
Take other security precautions recommended by
the publisher(s) of my operating system and web browser.
•
Change my password and security questions soon
after using the online banking service from a computer other than my own.
4.
Liability for Unauthorized Transactions
I agree to contact you at once if I believe the Login Codes
issued to me have been lost or stolen. I also agree that if my monthly statement
shows transactions which I did not make, and I do not contact you within 60 days
after the statement was mailed to me, I risk the return of lost funds. I
understand that if I believe an unauthorized transfer from any of my accounts
has occurred, I will contact you by writing, calling or e-mailing you at:
Address:
State Bank of Wapello
306 North Second Street
Wapello, Iowa 52653-1204
Phone
319-523-2131
Fax
319-523-2141
Email
5.
Charges
I agree to pay the charges or transaction fees which are charged
by you for these services or for services which may later be offered as such
fees or charges may be imposed or changed from time to time.
6.
Amendment of this Agreement
I agree that from time to time you may amend or change the terms
of this Agreement including amendments or changes to add further Internet
Banking services or to amend or change the charges for these services. You may
do so by notifying me in writing of such amendments or changes and my use of
Internet Banking after the effective date of any such amendment or change shall
constitute my acceptance of and agreement to such amendment or change.
7.
Disclosure
I also acknowledge that I have reviewed the following Internet Banking Disclosure Statement,
informing me of my rights under the Electronic Funds Transfer Act.
Internet Banking Disclosure Statement
The purpose of this Disclosure Statement is to inform you of
certain rights that you have under the Electronic Funds Transfer Act.
Please Note: In this statement, the words "you" and "your" each
refer to the person who uses or is authorized to use Internet Banking services.
The words "we", "our" and "us" refer to The State Bank of Wapello.
1.
Internet
Banking Services
You may access our Internet Banking service using the personal
Login Codes that we issue to you and conduct the following transactions:
a)
Transfer funds between:
•
Checking account(s)
•
Savings account(s)
b)
Make payments to:
•
Loans
•
Check Lines
c)
Obtain the available balance(s) in:
•
Checking account(s)
•
Savings account(s)
•
Loans
•
Certificates of Deposit/IRAs
d)
Obtain the current balance(s) in:
•
Checking account(s)
•
Savings account(s)
•
Loans
•
Certificates of Deposit/IRAs
e)
Obtain transaction history from:
•
Checking account(s)
•
Savings account(s)
•
Loans
•
Certificates of Deposit/IRAs
2.
Banking Services
Our Internet Banking Service is normally available 24 hours a
day, 7 days a week. However, we only process transactions and update information
on business days. Our online transfer business days are Monday through Friday,
7:00 pm. Transfers made on weekends, holidays, scheduled in advance or after
7:00 pm, will be processed on the next business day. The service may occasionally be
unavailable due to technical difficulties or routine maintenance.
3.
Identification Number and Password
Access to Internet Banking may be made by personal computer.
Access requires the use of a unique Login and Personal Identification Number
(collectively, the "Login Codes") assigned by us. Your use of Internet Banking
with the Login Code authorized by us will be deemed by us to be valid and
authentic, and you agree that any communications to us under your Login Code
will be given the same legal effect as written and signed paper communications.
You agree that electronic copies of communications are valid and you will not
contest the validity of the originals, absent proof of altered data or
tampering.
4.
Lost or Stolen Login Codes
If you believe your Password or other means of access have been
lost or stolen or that someone has used them without your authorization,
immediately change your Internet Banking Password. This is done by accessing the
Change Password option. To change the Access ID you will have to contact us by
writing, calling or E-mailing us at:
Address:
State Bank of Wapello
306 North Second Street
Wapello, Iowa 52653-1204
Phone 319-523-2131
Fax
319-523-2141
Email
Include in the message your name, address, telephone number and
a brief description of the problem. All E-mail requests will be answered by
close of the next business day.
Do not include your social security number, password, or account numbers
in emails that you send us.
5.
Charges for Transactions
Depending on which service you subscribe to, you will be charged
the applicable internet banking monthly fee. For a listing of fees contact us.
We reserve the right to change our fee schedule from time to time and to charge
your account, in accordance with the fee schedule that will be provided to you,
prior to assessment.
6.
Record of Transaction
You will receive a monthly statement showing the status of your
account(s), transactions made during the past month, and any charges, which we
may impose for such services or transactions.
7.
Liability for Unauthorized Transfers/Transactions
CONTACT THE BANK IMMEDIATELY if you believe your Login Codes
have been lost or stolen. Change your password and contact us.
If you notify us of a loss, your liability for unauthorized
transfers or payments will be as follows:
a)
If you contact us within two business days of the
loss or your discovery of the loss, you can lose no more than $50.00 if someone
used your Login Codes without your permission.
b)
If someone used your Login Codes without your permission, you could lose as much
as $500 if you do not contact us within two business days after you learn of the
loss and we can prove that we could have prevented the loss if you had contacted
us.
c)
If your monthly statement shows transfers or payments that you did not make and
you do not contact us within 60 days after the statement was mailed to you, you
may not get back any funds lost after the 60 days, if we can prove that your
contacting us would have prevented those losses.
8.
Your Liability
You agree to the terms of this Internet Banking Disclosure and
the schedule of fees that may be imposed. You authorize us to deduct these fees
as accrued directly from your account balance. You are liable for all
transactions that you authorize. If you have given someone your Internet Banking
Login Codes or other means of access and want to terminate that person's
authority you must change your identification number and password and make the
Bank aware of your intentions in writing.
9.
Account Restrictions
Your name must appear in the legal title to make transfers
between accounts. You may not transfer between accounts with legal or signature
restrictions. However, an account(s) may be viewed if you are an authorized
signer on the account(s).
10.
Limits on Internet Banking Transactions
All transactions performed through our Internet Banking Service
will be considered a Pre-authorized Electronic Funds Transfer.
11.
Our Liability for Failure to Complete Payments or Transfers
If we fail to complete a transaction on time or in the correct
amount, when properly instructed by you, we will be liable for damages caused by
our failure unless:
a)
The account has been closed or is not in good
standing.
b)
Your equipment or ours was not working properly and the breakdown should have
been apparent to you when you attempted to conduct the transaction.
c)
You have not given us complete, correct or current account numbers or other
identifying information so that we can properly credit your account or otherwise
complete the transaction.
d)
You do not properly follow our instructions or if you provide us with wrong or
inaccurate information or fail to correct or tell us about any inaccuracy of
which you are aware.
e)
You do not instruct us soon enough for your payment or transfer to be received
and credited by the time it's due.
f)
The funds in the account from which a payment or transfer is to be made is
subject to legal process or other claims restrict the transaction.
g)
Circumstances or persons beyond our control prevent, delay, intercept or alter
the transaction, despite reasonable precautions that we have taken.
h)
There are insufficient funds in your account to complete the transaction.
i)
We have reason to believe that the transaction
requested is unauthorized.
j)
The failure was caused by an act of God, fire, or
other catastrophe, or by an electrical or computer failure or by other causes
beyond our control.
In any case, we shall only be liable for actual proven damages
if the failure to make the transactions resulted from a bona fide error despite
our procedures to avoid such error.
12.
Change of Terms
We reserve the right to amend or terminate the services offered
from time to time and we will notify you in writing at least 30 days prior to
any change.
13.
Waiver of Agreement
Any waiver of any term of this Agreement by us on occasion will
not prevent us from asserting our rights to these terms in the future.
14.
Termination
We reserve the right to terminate the service at any time.
15.
Privacy
We will disclose information about your account or the
transactions you make to third parties:
a)
Where it is necessary to complete transactions.
b)
To verify the existence and standing of your
account with us upon the request of a third party, such as a credit bureau.
c)
In accordance with your written permission.
d)
In order to comply with court orders or
government or administrative agency summonses, subpoenas, orders, examinations
and escheat reports.
e)
And/or on receipt of certification from a federal
agency or department that a request for information is in compliance with the
Right to Financial Privacy Act of 1978.
Although State Bank of Wapello works hard to maintain the
security of your account information, the nature of personal computers and the
Internet make it possible that your information could be compromised despite our
best efforts. Therefore, we cannot
and do not warrant that your online banking transactions or email will not be
monitored or read by others.
16.
Terms, Conditions, and Pricing for Deposit
Accounts
Our Policy and Pricing Guide and Terms and Conditions on Deposit
Accounts are available at our banking office upon request.
A FULL SERVICE BANK -
ACCOUNTS INSURED TO $100,000.00 BY FDIC
