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Electronic Banking Disclosure This disclosure contains information about terms, fees, and interest rates for some of the accounts we offer. ELECTRONIC FUNDS TRANSFER AGREEMENT AND DISCLOSURESThis Agreement and Disclosure is made in compliance with federal law regulating electronic funds transfer (EFT) services. Electronic funds transfers are electronically initiated transfers of money involving a deposit account at the Financial Institution. The following disclosures set forth your and our rights and responsibilities concerning the electronic funds transfers. In this Agreement, the words 'you" and "your' mean those who sign as applicants or any authorized user(s). The words "we", "us' and our" mean the Financial Institution. The abbreviation "PIN" or word "code" means a personal identification number. INSTANT CASH/ INSTANT CASH & CHECK CARDBrief Description: What's great for travel and safer than cash? What's quicker and easier to use than checks, and accepted at over 260,000 ATM machines and businesses around the world? An INSTANT CASH (ATM Card) or INSTANT CASH & CHECK CARD (debit card) from Union State Bank! Types of Transactions/Transfers: You may use the card and PIN issued you to pay for purchases from merchants who have agreed to accept the card at Point of Sale (POS) terminals within the network identified on your card and such other terminals as the Bank may designate from time to time. Point of Sale (POS) transactions will be deducted from your Primary Account. Point of Sale (POS) transactions involving a refund will be credited to your Primary Account. You may also use the card to pay for purchases from merchants that accept the POS debit card with a VISA symbol. Unless you specify a different account during Automated Teller Machine (ATM) transactions, your Primary Account will be used for your transactions. Your Primary Account number and information may be obtained from the Combined ATM/POS/Debit Card Request Form. You may use the automated teller machine (ATM) card and personal identification number (PIN) issued to you to initiate transactions at ATMs of ours, ATMs within the networks identified on your card and such other facilities as we may designate from time to time. At present you may use your card to (some of these services may not be available at all ATMs):
Limitations on Frequency and Amount:
Fees and Charges:
ATM Surcharges: If you initiate an ATM transaction from an ATM that is not operated by us, you may be charged a fee by the ATM operator and/or by any automated network used to process the transaction and you may be charged a fee for a balance inquiry. PRE-AUTHORIZED DEBIT SERVICEBrief Description: Automatic Transfers Types of Pre-authorized Transfers: You may arrange for us to complete the following pre-authorized transfers to or from your deposit accounts:
Fees and Charges:
DIRECT DEPOSIT FROM NON-GOVERNMENT SOURCETypes of Pre-authorized Transfers: You may arrange for us to complete the following pre-authorized transfers to your deposit accounts:
Fees and Charges:
GOVERNMENT DIRECT DEPOSITTypes of Pre-authorized Transfers: You may arrange for us to complete the following pre-authorized transfers to your deposit accounts:
Fees and Charges:
24-HOUR DIAL-A-BANKTypes of Audio Response Services: You may access your deposit accounts by using a separate personal identification number (PIN) assigned to you and your account number in our audio response system. At the present time you may use the system to:
Limitations on Frequency and Amount:
Fees and Charges for Audio Response Transactions:
The following limitations may be applicable to your accounts, except as provided by law: Liability for Unauthorized VISA Point of Sale Debit Card Transactions. Tell us AT ONCE if you believe your Visa point of sale debit card has been lost or stolen or of any unauthorized transactions. Your liability for unauthorized Visa point of sale debit card transactions that take place on the Visa system is Zero dollars ($0.00). We may require you to provide a written statement regarding claims of unauthorized Visa point of sale debit card transactions. These provisions limiting your liability do not apply to Visa commercial cards or Visa PLUS ATM transactions; and apply only to cards issued in the United States. With respect to unauthorized transactions, these limits may be exceeded to the extent allowed under applicable law (see Liability for Unauthorized Transfers paragraph below) only if we determine that you were grossly negligent or fraudulent in the handling of your account or point of sale debit card. The same consumer liability limits shall apply to Interlink Transactions. To notify us of lost or stolen cards, or of unauthorized transactions, call or write to us at the telephone number or address set forth below. This will help prevent unauthorized access to your account and minimize any inconvenience. VISA is a registered trademark of Visa International. In addition to the limitations set forth above, the following limitations may be applicable to your accounts: Liability for Unauthorized Transfers: Tell us AT ONCE if you believe your card, ATM PIN, POS card or PIN, or Audio Response PIN has been lost or stolen. 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 two (2) business days, you can lose no more than $50.00 if someone used your card or code without your permission. If you do NOT tell us within two (2) business days after you learn of the loss or theft of your card or code, and we can prove that we could have stopped someone from using your card or code without your permission if you had told us, you could lose as much as $500.00. Also, if your statement shows transfers that you did not make, tell us at once. If you do not tell us within sixty (60) days after the statement was mailed to you, you may not get back any money lost after the sixty (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 periods. If you believe that your card or code has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call (701) 282-4598, or write us at Union State Bank of Fargo, 901-40th Street Southwest, Fargo, ND 58103, Business Days. For purposes of these electronic funds transfer disclosures, our business days are Monday through Friday. Holidays are not included. DocumentationPeriodic Statement. You will get a monthly account statement from us, unless there are no transactions in a particular month. In any case you will get a statement quarterly. You will get a quarterly statement from us on your savings account if this is the only account you maintain and the only possible electronic transfer to or from the account is a pre-authorized deposit. Terminal Receipt. You can get a receipt at the time you make any transfer to or from your account using one of our ATMs or purchase at a POS terminal. Direct Deposits. If you have arranged to have direct deposits made to your
account at least once every sixty (60) days from the same person or company,
you can call us at (701) 282-4598 to find out whether or not the deposit has
been made. Our 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:
In Case of Errors or Questions About Your Electronic Transfers. Telephone us at (701) 282-4598, or write us at 901-40th Street Southwest, Fargo, ND 58103 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 sixty (60) days after we sent the FIRST statement on which the problem or error appeared.
If you tell us orally, we may require that you send us your complaint or question in writing within ten (10) business days. We will determine whether an error occurred within ten (10) business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to forty five (45) days to investigate your complaint or question. If we decide to do this, we will credit your account within ten (10) business days for the amount you think is in error, so that you will have the 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 ten (10) business days, we may not credit your account. We will tell you the results within three (3) 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. If a notice of error involves an electronic fund transfer that occurred within thirty (30) days after the first deposit to the account was made, the applicable time periods for action shall be twenty (20) business days in place of ten (10) business days. If a notice of error involves an electronic fund transfer that was initiated in a foreign country, occurred within thirty (30) days after the first deposit to the account was made, or is a point of sale debit card transaction, the applicable time period for action shall be ninety (90) calendar days in place of forty five (45) calendar days. If a notice of error involves unauthorized use of your point of sale debit card with the Visa logo when it is used as a Visa point of sale debit card, we will provide provisional credit within five (5) business days after you notify us instead of within ten (10) or twenty (20) business days. We may withhold providing this accelerated provisional credit, to the extent allowed under applicable law, if the circumstances or account history warrants the delay. Confidentiality. We will disclose information to third parties about your
account or the transfers you make: Notices. All notices from us will be effective when we have mailed them or delivered them to your last known address on our records. Notices from you will be effective when received by us at the telephone number or the address specified in this Agreement. We reserve the right to change the terms and conditions upon which this service is offered. We will mail notice to you at least twenty one (21) days before the effective date of any change, as required by law. Use of this service is subject to existing regulations governing your account and any future changes to those regulations. Enforcement. In the event either party brings a legal action to enforce this Agreement or collect amounts owing as a result of any Account transaction, the prevailing party shall be entitled to reasonable attorneys' fees and costs, including fees on any appeal, subject to any limits under applicable law. Termination of ATM, POS and Audio Response Services. You agree that we may terminate this Agreement and your use of the ATM Card, POS or Audio Response services, if:
Termination of service will be effective the first business day following receipt of your written notice. Termination of this Agreement will not affect the rights and responsibilities of the parties under this Agreement for transactions initiated before termination. Pre-authorized Electronic Fund TransfersStop Payment Rights. If you have told us in advance to make regular electronic fund transfers out of your account(s), you can stop any of these payments. Here's how: Call us or write to us at the telephone number or address set forth above, in time for us to receive your request three (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 fourteen (14) days after you call. We will charge you $20.00 for each stop payment order you give. Notice of Varying Amounts. If these regular payments may vary in amount, the person you are going to pay will tell you, ten (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. Liability for Failure to Stop Payment of Pre-authorized Transfers. If you order us to stop one of these payments three (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. Other Provisions. There may be a delay between the time a deposit is made
and when it will be available for withdrawal. You should review our Funds Availability
Policy to determine the availability of the funds deposited at ATMs. We reserve
the right to refuse any transaction which would draw upon insufficient funds,
exceed a credit limit, lower an account below a required balance, or otherwise
require us to increase our required reserve on the account. ONLINE BANKINGBank in the comfort of your home - day or night, 365 days a year with Union State Bank's Online Banking Service - free access for our customers! Type of Transactions: You may access certain account(s) you maintain with us by computer using your assigned used ID and password by accessing the online banking service. You may use the online banking service to perform the following functions:
Fees and Charges for Online Service:
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