First
National Bank of Ada---Internet Banking
Agreement and Disclosures
The following agreement and disclosures, hereinafter referred to as “Agreement”,
explains the terms and conditions set forth by First National Bank and Trust
Company of Ada concerning online transacting services, hereinafter referred
to as “Internet Banking”. The terms “we,” “us”,
“the bank” and “our” refer to "First National Bank
and Trust Company of Ada". The words “you” and “your”
refer to the person(s) named as applicants on the enrollment form. These terms
are in addition to the terms and conditions included in the Account Agreement
and Disclosures you received upon opening your account and any other documentation
you have been provided governing the banking products and services you may have
with us, hereinafter referred to as “Banking Documents.” The term
business day means Monday through Friday, excluding Federal Holidays.
Your initial login to Internet Banking certifies your acceptance and agreement to be bound by all of the terms and conditions of the Agreement and all Banking Documents. You further agree that future changes in agreements and disclosures can be provided to you electronically.
1. Services
This Agreement covers the Internet Banking services available to you. Internet
Banking currently provides you with the ability to review and download account
information, transfer money between accounts held at First National Bank, add
stop payments to your accounts and communicate with us electronically. The Bank
reserves the right to suspend Internet Banking at its discretion. Account information
is as of the prior evening postings and any electronic postings on the current
day. I.e. Electronic deposits and withdrawals and deposits made through a teller
are electronic posting that are reflected on the current day’s balance.
Checks and ATM transactions are not posted until cut-off time of the current
day and are not reflected in Internet Banking balances until the end of the
next business day.
You are responsible for the equipment you use to access Internet Banking. It is your responsibility to protect your computer from computer viruses. We encourage you to routinely scan your PC and diskettes using a reliable virus product to detect and remove any viruses.
2. Transfers
Transfers between accounts must be made by 7:00 p.m. central time on business
days to be posted that same day. All transfers thereafter will be reflected
in your memo balance but will not be available to you until the end of the following
business day.
3. Email Services
Bank e-mail is available to all customers. Such email is intended for general
communication purposes; therefore, we recommend you contact the bank at (580)
332-5132 or (888) 332-5132 for time sensitive information such as lost or stolen
ATM, debit or credit cards or any other matter which you feel requires immediate
attention.
4. Terminations and Modification
We reserve the right to modify or terminate this agreement at any time. We will
comply with all notice requirements under applicable law for such changes or
termination. In the event of termination, Internet Banking services will cease,
including but not limited to scheduled transfers. If we modify this Agreement,
your continued use of Internet Banking will constitute your acceptance of such
changes in each instance.
5. Transaction Authorization
First National Bank of Ada is entitled to act on instructions received though
Internet Banking under your password and without inquiring as to the identity
of the person using that password. DO NOT DISCLOSE YOUR PASSWORD under any circumstances,
either by telephone or to anyone claiming to represent the Bank. The Bank’s
employees do not need to know and should not ask for your password. You are
liable for all transactions made or authorized using your password. If you give
your password to anyone, you do so at your own risk. Anyone to whom you give
your Internet Banking password will have full access to your accounts even if
you attempt to limit that person’s authority. You must notify the Bank
to disable your password if you become aware that your password has been lost,
stolen or otherwise compromised and that it should not be honored.
You are liable for all transactions that you make or authorize, even if a person you authorize exceeds your authority. You hereby release the Bank from any liability and agree not to make any claim or bring any action against us for honoring or allowing any actions or transactions where you have authorized the person performing the action or transaction to use your account(s) and\or you have given your password to such person, or, in the case of a jointly held account such person is one of the owners of the account. You agree to indemnify the Bank and hold it harmless from and against any and all liability (including but not limited to reasonable attorney fees) arising from any such claims or actions.
6. Enrollment
If two individuals hold a joint checking account, there are two ways to enroll
for Internet Banking. First, both account holders may enroll separately and
each will have his\her own password and Agreement, thus allowing them full access
to that account(s). Second, one holder of a joint account can enroll for Internet
Banking with one password and then can communicate that I.D. and password to
other authorized user(s) which have access to the enrolled account. Please note,
only signers on an existing account will be given access to that account. Signers
have full authority to receive and thereby use Internet Banking. It is the responsibility
of the account holder to update signer information.
7. Errors and Questions
In case of errors or questions concerning transactions completed via Internet
Banking, please contact the bank at (580) 332-5132 or (888) 332-5132 and ask
to speak with the Net Banker professional or write to P.O. Box 669, Ada OK 74821.
The bank must hear from you within 60 days after you receive the first statement
or notification in which the error or problem appeared. Please include the following
information:
• Name
• Account Number
• Description of the error or what you are unsure about, plus an explanation
of why you believe it is an error or why you need information
• The amount of the error
We will tell you the results of our investigation within ten (10) business days
after we hear from you. If the bank need more time the bank may take up to 45
business days to investigate. If the bank chooses to take up to 45 business
days, the bank will give you a provisional credit to your account within ten
(10) business days. If the bank decides there was no error, the bank will furnish
you with a written explanation within three (3) business days after the investigation
is complete.
8. Security
If your Internet Banking ID or PIN is incorrectly entered more than three times,
access to account is automatically locked. This security measure is in place
to prevent unauthorized access to your account via your Internet Banking ID.
You must contact the bank to reactive your Internet Banking account before access
is granted.
9. Dormant Internet ID’s/Termination
If during a consecutive 180 day period you do not access the NetTeller service,
your Internet Banking Account will automatically become Dormant. You must contact
the bank to reactive your Internet Banking account before access is granted.
First National Bank and Trust reserves the right to terminate the user’s
privilege to access their account/accounts via NetTeller.
Revised 01/06/2005