On-line Banking Service Agreement
(please read and print this document before submitting by clicking on the "I Understand and Agree" Button below.)
Thank you for your interest in the Community First Bank
Internet Banking service. This Agreement and Disclosure
Statement provides information about the Community First Bank
online 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
online banking.
On-line Banking Agreement
The undersigned ("I" or "we"), in consideration of The
Community First Bank ("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 (1) transfer funds between accounts; (2)
obtain available balances on accounts; (3) obtain the current
balances on accounts ; and (4) obtain transaction history on
accounts.
3. 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
4. Liability for Unauthorized Transactions
I agree to contact you at once if I believe the Login Codes
issued to me has been lost or stolen. I also agree that
if my monthly statement shows transaction 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:
The Community First Bank
Internet Banking
555 NW 3rd St.
Prineville, OR 97754
Phone: (541)447-8003
CustomerService@mycommunityfirst.com
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 On-line 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 hereby acknowledge that I reviewed the online Banking
Disclosure & Agreement, informing me of my rights under the
Electronic Fund Transfer Act.
ONLINE BANKING DISCLOSURE STATEMENT
The purpose of this Disclosure Statement is to inform you of
certain rights that you have under the Electronic Fund 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 Community First Bank.
1. Internet Banking Services
You may access our Internet Banking services using the personal
Login Codes that we issue to you and conduct the following
transactions:
Transfer funds between:
- your Checking account(s);
- you Savings account(s);
Make payments to:
- your Loans
Obtain the available balance(s) in:
- your Checking account(s);
- your Savings account(s);
- your Loans;
- your Certificates of Deposit/IRA's
Obtain the current balance(s):
- your Checking account(s);
- your Savings account(s);
- your Loans;
- your Certificates of Deposit/IRA's
Obtain transaction history from:
- your Checking account(s);
- your Savings account(s);
- your Loans;
- your Certificates of Deposit/IRA's
2. Banking Services
Our On-line banking service is available 24 hours a day, 7 days
a week. However, we only process transactions and update
information on business days. Our on-line transfer
business days are Monday through Friday, 6:00 pm Pacific
Time. Transfers made on weekends, holidays, scheduled in
advance or after 6:00 pm Pacific Time, will be processed on the
next business day.
4. 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.
5. 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 immediately by writing, calling or E-mailing us at:
555 NW 3rd St.
Prineville, OR 97754
Phone: (541)447-8003
CustomerService@mycommunityfirst.com
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.
6. Charges for Transactions
Depending on which service you subscribe to, you will be
charged the applicable On-line 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.
7. Record for Transactions
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.
8. 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:
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.
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.
Also, 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.
9. Your Liability
You agree to the terms of this On-line 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.
10. Account Restrictions
Your name must appear in the legal title to make transfers
between accounts or to initiate bill payments. 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).
11. Limits on On-line Banking Transactions
All transactions performed through out On-line Service will be
considered a Pre-authorized Electronic Funds Transfer.
12. Our Liability of 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:
the account has been closed or is not in good standing
your equipment or ours was not working properly and the
breakdown should have been apparent to you when you attempted
to conduct the transaction.
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.
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. You
do not instruct us soon enough for your payment or transfer to
be received and credited by the time it's due.
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.
circumstances or persons beyond our control prevent, delay,
intercept or alter the transaction, despite reasonable
precautions that we have taken.
there are insufficient funds in your account to complete the
transaction.
we have reason to believe that the transaction requested is
unauthorized. 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.
13. Change of Terms
We reserve the right to amend or terminate the services offered
from time to time and we will notify you a minimum of 30 days
prior to any change by written notice to your last known
address.
14. 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.
15. Termination
You may terminate the Agreement and your On-line Banking
Service at any time upon giving written notice of the
termination to us. If you terminate, you authorize us to
continue making transfers and bill payments you have previously
authorized until we have had a reasonable opportunity to act
upon your termination notice. Once we have acted upon
your termination notice, we will make no further transfers or
payments from your account if we terminate your use of your
subscribed On-line Service, we reserve the right to make no
further transfers or payments from your account, including any
transaction you have previously authorized.
16. Disclosure of Account Information
We will disclose information about your account or the
transactions you make to third parties:
where it is necessary to complete transactions;
to verify the existence and standing of your account with us
upon the request of a third party, such as a credit bureau;
in accordance with your written permission;
in order to comply with court orders or government or
administrative agency summonses, subpoenas, orders, examination
and escheat reports; 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.
17. Our Policy and Pricing Guide and Terms and Conditions and Condition on Deposit Accounts are available at our banking office upon request.
A FULL SERVICE BANK - ACCOUNTS INSURED TO $100,000.00 BY FDIC
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