THIS PAGE CONTAINS RULES WHICH GOVERN YOUR ACCOUNT WITH US. PLEASE READ THIS BROCHURE AND IF YOU HAVE ANY QUESTIONS, PLEASE FEEL FREE TO CONTACT US. THROUGHOUT THIS BROCHURE, THE TERM “WE”, “US”, OR “BANK” MEANS OUR FINANCIAL INSTUTION AND THE TERM “YOU” OR “YOUR” MEANS YOU, THE CUSTOMER(S). IF THE TERMS OF THIS BROCHURE CONFLICT WITH THE TERMS OF ANY AGREEMENT OR SIGNATURE CARD YOU HAVE WITH US, THE TERMS OF THIS BROCHURE WILL CONTROL.
APPLICABLE LAW. YOUR ACCOUNTS AND THE PROVISIONS HEREIN ARE GOVERNED BY THE APPLICABLE LAWS AND REGULATIONS OF THE UNITED STATES, AND THE STATE WHERE THE BANK IS LOCATED, BUT NOT LIMITED TO, THE UNIFORM COMMERCIAL CODE; AND LAWS REGULATING TRANSFERS AT DEATH, AND ESTATE AND OTHER TAXES. ALL DEPOSITS TO AND WITHDRAWALS FROM ANY ACCOUNT ARE SUBJECT TO SUCH LAWS AS WELL AS THE TERMS AND PROVISIONS HEREIN AND ANY AGREEMENT EXECUTED IN CONJUNCTION HEREWITH.
DEPOSITS. ANY CUSTOMER MAY MAKE DEPOSITS IN AN ACCOUNT AT ANY TIME BANK IS OPEN FOR BUSINESS. DEPOSITS OTHER THAN CASH SHALL BE GIVEN CREDIT ACCORDING TO BANK’S EXISTING POLICIES PERTAINING TO FUNDS AVAILABILITY. BANK IS AUTHORIZED TO SEND CHECKS OR OTHER ITEMS FOR COLLECTION TO OTHER BANKS, OR THROUGH ANY CHANNEL OR AGENT AT ITS DESCRETION, AND SUCH NONCASH ITEMS AND THEIR PROCEEDS MAY BE FORWARDED TO AND HANDLED BY ANY FEDERAL RESERVE BANK IN ACCORDANCE WITH THE APPLICABLE FEDERAL RESERVE RULES. THE BANK WILL NOT BE LIABLE FOR LOSS IN TRANSIT OR FOR NEGLIGENCE OR DEFAULT OF OTHER BANKS, OR AGENTS OR SUB-AGENTS.
WITHDRAWALS. WITHDRAWALS MAY BE BY WRITTEN ORDER, CHECK, OR ON OTHER FORMS FURNISHED BY BANK. BANK MAY ALSO, AT ITS DISCRETION, ALLOW WITHDRAWALS FROM THIS ACCOUNT BY USE OF AUTOMATED TELLER MACHINES. BANK RESERVES THE RIGHT AT ANY TIME TO REQUIRE AT LEAST SEVEN (7) DAYS WRITTEN NOTICE BEFORE EACH WITHDRAWAL OR TRANSFER FROM A SAVINGS ACCOUNT, MONEY MARKET ACCOUNT OR NOW ACCOUNT.
FEES. YOUR ACCOUNTS MAY BE SUBJECT TO FEES ASSESSED BY BANK FROM TIME TO TIME. EXCEPT AS PROHIBITED BY LAW, BANK MAY CHARGE CUSTOMER ANY AND ALL COSTS OF COLLECTION, INCLUDING BUT NOT LIMITED TO, REASONABLE ATTORNEYS’ FEES PAID OR INCURRED BY BANK ON ACCOUNT OF SUCH COLLECTION, WHETHER OR NOT SUIT IS FILED WITH RESPECT THERETO AND AS A RESULT OF ANY BANKRUPTCY CASE BEING FILED BY OR AGAINST CUSTOMER. SUCH CHARGES MAY BE CHARGED DIRECTLY TO CUSTOMER’S ACCOUNT.
STOP PAYMENT. IF CUSTOMER REQUESTS BANK TO STOP PAYMENT ON ANY ITEM, BANK MUST BE FURNISHED WITH THE ITEM’S EXACT AMOUNT, DATE, NUMBER, NAME OF PAYEE PLUS ANY OTHER INFORMATION BANK MAY REQUEST. FAILURE TO PROVIDE BANK WITH THE SAME SHALL RELIEVE BANK OF ANY LIABILITY IN THE TRANSACTION. CUSTOMER AGREES TO REIMBURSE BANK FOR ANY EXPENSES OR LOSSES THAT MIGHT OCCUR THEREIN. REQUESTS MUST BE MADE WITHIN REGULAR BUSINESS HOURS, AND THESE REQUESTS ARE SUBJECT TO THE TERMS ON THE FORMS USED FOR SUCH PURPOSES.
SET-OFF. BANK MAY CHARGE TO OR OFFSET ANY OF CUSTOMER’S ACCOUNTS OR ANY MULTIPLE PARTY ACCOUNT TO WHICH CUSTOMER IS A PARTY (“MULTIPLE PARTY ACCOUNT”) AGAINST ANY OBLIGATION THEN OWED TO BANK BY CUSTOMER, OR ANY OBLIGATION THEN OWED TO BANK BY ANY OTHER PARTY TO A MULTIPLE PARTY ACCOUNT. (THE TERMS “ACCOUNT” AND “MULTIPLE PARTY ACCOUNT” INCLUDE ANY LIABILITY OR INDEBTEDNESS OF BANK TO ITS CUSTOMER, INCLUDING BUT NOT LIMITED TO TIME, SAVINGS, CHECKING, MONEY MARKET OR “NOW” DEPOSIT ACCOUNTS; CERTIFICATES OF DEPOSIT AND ANY MONEY OWING TO ITS CUSTOMER OR IN BANK’S POSSESSION FOR COLLECTION OR EXCHANGE; AND ANY REPURCHASE AGREEMENT OR OTHER NONDEPOSIT OBLIGATIONS. THE TERM “OBLIGATION” INCLUDES EACH AND EVERY DEBT, LIABILITY AND OBLIGATION OF EVERY TYPE AND DESCRIPTION WHICH A CUSTOMER MAY AT ANY TIME OWE TO BANK, WHETHER SUCH DEBT, LIABILITY OR OBLIGATION NOW EXISTS OR IS HEREAFTER INCURRED, AND WHETHER IT IS OR MAY BE DIRECT OR INDIRECT, DUE OR TO BECOME DUE, ABSOLUTE OR CONTINGENT, PRIMARY OR SECONDARY, LIQUIDATED OR UNLIQUIDATED, JOINT, SEVERAL, OR JOINT AND SEVERAL).
RESOLUTIONS. CORPORATIONS, PARTNERSHIPS, PROPIERTORSHIPS, ASSOCIATIONS, AND OTHER ORGANIZATIONS MUST PROVIDE BANK (AT BANK’S REQUEST) WITH PROPER AND UP-TO-DATE DEPOSIT AND WITHDRAWAL AUTHORIZATIONS/RESOLUTIONS.
BANK’S LIABILITY. BANK’S LIABILITY TO CUSTOMER IS LIMITED TO ANY ACTION OR FAILURE TO ACT IN WHICH BANK DOES NOT PERFORM IN GOOD FAITH AND EXERCISE REASONABLE CARE. EACH OF YOU AGREES, FOR YOURSELF (AND THE PERSON OR ENTITY YOU REPRESENT IF YOU SIGN AS A RESPRESENTATIVE OF ANOTHER) TO THE TERMS OF THE ACCOUNT AND THE SCHEDULE OF THE CHARGES THAT MAY BE IMPOSED. YOU AUTHORIZE US TO DEDUCT THESE CHARGES AS ACCRUED DIRECTLY FROM THE ACCOUNT. YOU ALSO AGREE TO PAY ADDITIONAL REASONABLE CHARGES AS WE MAY IMPOSE FOR SERVICES YOU REQUEST WHICH ARE NOT CONTEMPLATED BY THIS AGREEMENT. EACH OF YOU ALSO AGREES TO BE JOINTLY AND SEVERALLY LIABLE FOR ANY ACCOUNT DEFICIT RESULTING FROM CHARGES OR OVERDRAFTS, WHETHER CAUSED BY YOU OR ANOTHER AUTHORIZED TO WITHDRAW FROM THIS ACCOUNT, AND THE COSTS WE INCUR TO COLLECT THE DEFICIT INCLUDING, TO THE EXTENT PERMITTED BY LAW, OUR REASONALBE ATTORNEY’S FEES.
STATEMENTS. STATEMENTS WILL BE PERIODICALLY PREPARED BY BANK AND MAILED TO CUSTOMER, OR CUSTOMER MAY CALL AND CLAIM THE SAME WITHIN A REASONABLE TIME. LOST STATEMENTS BECOME CUSTOMER’S RESPONSIBILITY. ALSO, UNLESS OTHERWISE NOTED HEREIN, CUSTOMER MUST CONTACT BANK WITHIN SIXTY (60) DAYS OF RECEIPT OF SUCH STATEMENTS SHOULD CUSTOMER FIND ANY ERRORS, DISCREPANCIES, OR FORGERIES THERIN, OR THE STATED BALANCE WILL BE CONSIDERED CORRECT.
CHANGES. BANK MAY CHANGE THE TERMS APPLICABLE TO YOUR ACCOUNT FROM TIME TO TIME. BANK WILL NOTIFY YOU IN WRITING, BY POSTING NOTICE OR BY ANY OTHER METHOD PERMITTED BY LAW IN ADVANCE OF ANY SUCH CHANGE.
TERMINATIONS. BANK MAY CLOSE ANY ACCOUNT AT ANYTIME, IN ITS DISCRETION, BY GIVING CUSTOMER WRITTEN NOTICE MADE PURSUANT TO APPLICABLE LAW AND THE TERMS AND CONDITIONS APPLICABLE TO THE ACCOUNT, AND MAILING THE BALANCE TO CUSTOMER. IF ANY ACCOUNT IS A JOINT ACCOUNT, NOTICE BY BANK TO ANY ONE CUSTOMER SHALL BE CONSIDERED TO BE NOTICE TO ALL CUSTOMERS.
I. ELECTRONIC FUNDS TRANSFERS
THE FOLLOWING DISCLOSURE IS PROVIDED PURSUANT TO THE ELECTRONIC FUNDS TRANSFER ACT AND REGULATIONS E.
1. YOUR LIABILITY FOR UNAUTHORIZED TRANSFERS
TELL US AT ONCE IF YOU BELIEVE YOUR CARD OR PIN 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 OR PIN, YOU CAN LOSE NO MORE THAN $50 IF SOMEONE USED YOUR CARD OR PIN WITHOUT YOUR PERMISSION.
IF YOU DO NOT TELL US WITHIN 2 BUSINESS DAYS AFTER YOU LEARN OF THE LOSS OR THEFT OF YOUR CARD OR PIN, AND WE CAN PROVE WE COULD HAVE STOPPED SOMEONE FROM USING YOUR CARD OR PIN WITHOUT YOUR PERMISSION IF YOU HAD TOLD US, YOU COULD LOSE AS MUCH AS $500.
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 BE LIABLE AS FOLLOWS: YOUR LIABILITY SHALL NOT EXCEED THE SUM OF (1) THE LESSER OF $50 OR THE AMOUNT OF UNAUTHORIZED TRANSFERS THAT APPEAR ON THE STATEMENT OR THAT OCCUR DURING THE SIXTY (60) DAY PERIOD, AND (2) THE AMOUNT OF UNAUTHORIZED TRANSFERS THAT OCCUR AFTER THE CLOSE OF THE SIXTY (60) DAYS AND BEFORE NOTICE TO US AND THAT WE ESTABLISH WOULD NOT HAVE OCCURRED BUT FOR THE FAILURE FOR YOU TO NOTIFY US WITHIN THAT TIME.
IF A GOOD REASON (SUCH AS A LONG TRIP OR HOSPITAL STAY) KEPT YOU FROM TELLING US, WE WILL EXTEND THE TIME PERIODS.
2. TELEPHONE NUMBER AND ADDRESS TO BE NOTIFIED IN EVENT OF UNAUTHORIZED TRANSFER
IF YOU BELIEVE SOMEONE HAS TRANSFERRED OR MAY TRANSFER MONEY FROM YOUR ACCOUNT WITHOUT YOUR PERMISSION, CALL OR WRITE US AT THE NUMBER AND ADDRESS IN PARAGRAPH 10. YOU SHOULD ALSO CALL THE NUMBER OR WRITE TO THE ADDRESS IN PARAGRAPH 10 IF YOU BELIEVE A TRANSFER HAS BEEN MADE USING THE INFORMATION FROM YOUR CHECK WITHOUT YOUR PERMISSION.
3. BUSINESS DAYS OF INSTITUTION
OUR BUSINESS DAYS ARE LISTED IN PARAGRAPH 10. HOLIDAYS ARE NOT INCLUDED.
4. DISCLOSURE OF ACCOUNT INFORMATION TO THIRD PARTIES
WE WILL DISCLOSE INFORMATION TO THIRD PARTIES ABOUT YOUR ACCOUNT OR THE TRANSFERS YOU MAKE: WHERE IT IS NECESSARY FOR COMPLETING TRANSFERS; OR IN ORDER TO VERIFY THE EXISTENCE AND CONDITIONS OF YOUR ACCOUNT FOR A THIRD PARTY, SUCH AS A CREDIT BUREAU OR MERCHANT; OR IN ORDER TO COMPLY WITH GOVERNMENT AGENCY OR COURT ORDERS; OR IF YOU GIVE US YOUR WRITTEN PERMISSION.
5. TYPES OF AVAILABLE TRANSFERS AND LIMTS ON TRANSFERS
WE ARE EQUIPPED TO HANDLE THE FOLLOWING PREAUTHORIZED TRANFERS:
(1) ACCEPT DIRECT DEPOSITS TO CHECKING AND SAVINGS ACCOUNTS.
(2) PAY CERTAIN RECURRING BILLS AND ELECTRONIC CONVERSION TRANSACTIONS FROM CHECKING AND SAVINGS ACCOUNTS.
(3) PAY WITHDRAWALS BY USE OF AUTOMATED TELLER MACHINES FROM YOUR CHECKING OR SAVINGS ACCOUNTS.
(4) TRANSFER FUNDS BETWEEN YOUR CHECKING AND SAVINGS ACCOUNTS WHENEVER YOU REQUEST.
(5) PAY FOR PURCHASES AT PLACES THAT HAVE AGREED TO ACCEPT THE CARD.
(6) PAY BILLS DIRECTLY [BY TELEPHONE] FROM YOUR CHECKING OR SAVINGS ACCOUNT IN THE AMOUNTS AND ON THE DAYS YOU REQUEST. SOME OF THESE SERVICES MAY NOT BE AVAILABLE AT ALL TERMINALS.
(7) 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: (i) PAY FOR PURCHASES. (ii) PAY BILLS.
(8) YOU CAN USE YOUR TELEPHONE BILL-PAYMENT SERVICE TO PAY AN UNLIMITED NUMBER OF BILLS EACH MONTH.
6. RIGHT TO RECEIVE DOCUMENTATION OF TRANSFERS
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 THE NUMBER IN PARAGRAPH 10 TO FIND OUT WHETHER OR NOT THE DEPOIST HAS BEEN MADE. YOU WILL GET A MONTHLY STATEMENT ON CHECKING ACCOUNTS OR A MONTHLY STATEMENT ON SAVINGS ACCOUNTS UNLESS THERE ARE NO TRANSFERS IN A PARTIFULAR MONTH. IN ANY CASE YOU WILL GET THE SAVINGS STATEMENT AT LEAST QUARTERLY.
7. RIGHT TO STOP PAYMENT OF PREQUTHORIZED TRANSFERS, PROCEDURE FOR DOING SO, RIGHT TO RECEIVE NOTICE OF VARYING AMOUNTS, AND FINANCIAL INSTUTION’S LIABILITY FOR FAILURE TO STOP PAYMENT
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 NUMBER AND ADDRESS IN PARAGRAPH 10 IN TIME FOR US TO RECEIVE YOUR REQUEST THREE (3) 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 FOR EACH STOP PAYMENT ORDER YOU GIVE US.
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.)
IF YOU ORDERED 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.
8. FINANCIAL INSTITUTION’S 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 AUTOMATED TELLER MACHINE WHERE 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.
- IF THE TRANSFER WOULD GO OVER THE CREDIT LIMIT ON YOUR OVERDRAFT LINE.
THERE MAY BE OTHER EXCEPTIONS STATED IN OUR AGREEMENT WITH YOU.
9. IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR ELECTRONIC TRANSFER
- TELEPHONE US OR WRITE US AT THE NUMBER AND ADDRESS IN PARAGRAPH 10 AS SOON AS YOU CAN IF YOU THINK YOUR STATEMENT OR RECEIPT IS WRONG OR IF YOU NEED MORE INFORMATIONABOUT 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.
- TELL US YOUR NAME AND ACCOUNT NUMBER.
- 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.
- 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 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 RECREDIT 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 RECREDIT YOUR ACCOUNT.
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.
FOR ERRORS INVOLVING NEW ACCOUNTS, POINT-OF-SALE, OR FOREIGN-INITIATED TRANSACTIONS, WE MAY TAKE UP TO 90 DAYS TO INVESTIGATE YOUR COMPLAINT OR QUESTION. FOR NEW ACCUNTS, WE MAY TAKE UP TO 20 BUSINESS DAYS TO CREDIT YOUR ACCOUNT FOR THE AMOUNT YOU THINK IS IN ERROR.
10. CONTACT US AT:
FARMERS STATE BANK
501 MAIN ST
PO BOX 195
Carroll, NE 68723-0195
PHONE: 402-585-4441
TOLL FREE: 866-585-4441
FAX: 402-585-4410
WEBSITE: www.fsbcarroll.com
EMAIL: fsbcarroll@huntel.net
BANK HOURS:
MONDAY-THURSDAY 9:00 a.m. - 3:00 p.m.
FRIDAY 9:00 a.m. - 5:00 p.m.
SATURDAY 8:30 a.m. - 11:00a.m.
II. ABILITY TO WITHDRAW FUNDS
THE FOLLOWING DISCLOSURE IS PROVIDED PURSUANT TO THE EXPEDITED FUNDS AVAILABILITY ACT AND REGULATION CC.
OUR POLICY IS TO MAKE FUNDS FROM YOUR DEPOSITS AVAILABLE TO YOU ON THE SAME DAY WE RECEIVE YOUR DEPOSIT. ELECTRONIC DIRECT DEPOSITS WILL BE AVAILABLE ON THE DAY WE RECEIVE THE DEPOSIT. ONCE THEY ARE AVAILABLE YOU CAN WITHDRAW THE FUNDS IN CASH AND WE WILL USE THE FUNDS TO PAY CHECKS THAT YOU HAVE WRITTEN.
FOR DETERMINING THE AVAILABILITY OF YOUR DEPOSITS, EVERY DAY IS A BUSINESS DAY, EXCEPT SATURDAYS, SUNDAYS AND FEDERAL HOLIDAYS. IF YOU MAKE A DEPOSIT BEFORE 2:00 P.M. ON A BUSINESS DAY THAT WE ARE OPEN, WE WILL CONSIDER THAT DAY TO BE THE DAY OF YOUR FIRST DEPOSIT. HOWEVER, IF YOU MAKE A DEPOSIT AFTER 2:00 P.M. OR ON A DAY WE ARE NOT OPEN, WE WILL CONSIDER THAT DEPOSIT WAS MADE ON THE NEXT BUSINESS DAY WE ARE OPEN.
LONGER DELAYS MAY APPLY
IN SOME CASES, WE WILL NOT MAKE ALL OF THE FUNDS THAT YOU DEPOSIT BY CHECK AVAILABLE TO YOU ON THE SAME DAY OF YOUR DEPOSIT. DEPENDING ON THE TYPE OF CHECK THAT YOU DEPOSIT, FUNDS MAY NOT BE AVAILABLE UNTIL THE FIFTH BUSINESS DAY AFTER THE DAY OF YOUR DEPOSIT. HOWEVER, THE FIRST $100.00 OF YOUR DEPOSITS WILL BE AVAILABLE ON THE FIRST BUSINESS DAY.
IF WE ARE NOT GOING TO MAKE ALL THE FUNDS FROM YOUR DEPOSIT AVAILABLE ON THE SAME BUSINESS DAY WE WILL NOTIFY YOU AT THE TIME YOU MAKE YOUR DEPOSIT. WE WILL ALSO TELL YOU WHEN THE FUNDS WILL BE AVAILABLE. IF YOUR DEPOSIT IS NOT MADE DIRECTLY TO ONE OF OUR EMPLOYEES, OR IF WE DECIDE TO TAKE THIS ACTION AFTER YOU LEFT THE PREMISES, WE WILL MAIL YOU THE NOTICE BY THE DAY AFTER WE RECEIVE YOUR DEPOSIT.
IF YOU WILL NEED THE FUNDS FROM A DEPOSIT RIGHT AWAY, YOU SHOULD ASK US WHEN THE FUNDS WILL BE MADE AVAILABLE.
IN ADDITION, FUNDS YOU DEPOSIT BY CHECK MAY BE DELAYED FOR A LONGER PERIOD UNDER THE FOLLOWING CIRCUMSTANCES:
- WE BELIEVE A CHECK YOU DEPOSIT WILL NOT BE PAID.
- YOU DEPOSIT CHECKS TOTALING MORE THAN $5,000 ON ANY ONE DAY.
- YOU REDEPOSIT A CHECK THAT HAS BEEN RETURNED UNPAID.
- YOU HAVE OVERDRAWN YOUR ACCOUNT REPEATEDLY IN THE LAST SIX MONTHS.
- THERE IS AN EMERGENCY, SUCH AS FAILURE OF COMMUNICATIONS OR COMPUTER EQUIPMENT.
WE WILL NOTIFY YOU IF WE DELAY YOUR ABILITY TO WITHDRAW FUNDS FOR ANY OF THESE REASONS, AND WE WILL TELL YOU WHEN THE FUNDS WILL BE AVAILABLE. THEY WILL GENERALLY BE AVAILABLE NO LATER THAN THE ELEVENTH BUSINESS DAY AFTER THE DAY OF YOUR DEPOSIT.
SPECIAL RULES FOR NEW ACCOUNTS
IF YOU ARE A NEW CUSTOMER, THE FOLLOWING SPECIAL RULES WILL APPLY DURING THE FIRST THIRTY DAYS YOUR ACCOUNT IS OPEN.
FUNDS FROM ELECTRONIC DIRECT DEPOSITS TO YOUR ACCOUNT WILL BE AVAILABLE ON THE DAY WE RECEIVE THE DEPOSIT. FUNDS FROM DEPOSITS OF CASH, WIRE TRANSFERS AND THE FIRST $5,000 OF A DAY’S TOTAL DEPOSITS OF CASHIER’S CERTIFIED, TELLER’S, TRAVELER’S AND FEDERAL, STATE AND LOCAL GOVERNMENT CHECKS WILL BE AVAILABLE IMMEDIATELY IF THE DEPOSIT MEETS CERTAIN CONDITIONS. FOR EXAMPLE, THE CHECKS MUST BE PAYABLE TO YOU (AND YOU MAY HAVE TO USE A SPECIAL DEPOSIT SLIP.). THE EXCESS OVER $5,000.00 WILL BE AVAILABLE ON THE NINTH BUSINESS DAY AFTER THE DAY OF YOUR DEPOSIT. IF YOUR DEPOSIT OF THESE CHECKS (OTHER THAN A U.S. TREASURY CHECK) IS NOT MADE IN PERSON TO ONE OF OUR EMPLOYEES, THE FIRST $5,000 WILL NOT BE AVAILABLE UNTIL THE SECOND BUSINESS DAY AFTER THE DAY OF YOUR DEPOSIT.
FUNDS FROM ALL OTHER CHECK DEPOSITS WILL BE AVAILABLE ON THE THIRD BUSINESS DAY AFTER THE DAY OF YOUR DEPOSIT.
III. ACCOUNT TERMS
THE FOLLOWING DISCLOSURE IS PROVIDED PURSUANT TO THE TRUTH IN SAVINGS ACT AND REGULATION DD.
THIS DISCLOSURE CONTAINS INFORMATION ABOUT YOUR:
NOW ACCOUNT
- YOUR INTEREST RATE AND ANNUAL PERCENTAGE YIELD MAY CHANGE. WE MAY CHANGE THE INTEREST RATE ON YOUR ACCOUNT AT ANY TIME AT OUR DISCRETION. THE INTEREST RATE FOR YOUR ACCOUNT WILL NEVER CHANGE BY MORE THAN 5% EACH CYCLE.
- INTEREST BEGINS TO ACCRUE ON THE BUSINESS DAY YOU DEPOSIT NONCASH ITEMS (FOR EXAMPLE, CHECKS).
- INTEREST WILL BE COMPOUNDED AND CREDITED TO YOUR ACCOUNT MONTHLY. IF YOU CLOSE YOUR ACCOUNT BEFORE INTEREST IS CREDITED, ACCRUED INTEREST WILL BE PAID TO THE DATE OF CLOSING MINUS A $3 CLOSING FEE.
- WE USE THE DAILY BALANCE METHOD TO CALCULATE THE INTEREST ON YOUR ACCOUNT. THIS METHOD APPLIES A DAILY PERIODIC RATE TO THE PRINCIPAL IN THE ACCOUNT EACH DAY.
SUPER NOW ACCOUNT
- YOUR INTEREST RATE AND ANNUAL PERCENTAGE YIELD MAY CHANGE. WE MAY CHANGE THE INTEREST RATE ON YOUR ACCOUNT AT ANY TIME AT OUR DISCRETION. THE INTEREST RATE FOR YOUR ACCOUNT WILL NEVER CHANGE BY MORE THAN 5% EACH CYCLE.
- THIS IS A TIERED-RATE ACCOUNT. THE INTEREST RATE AND ANNUAL PERCENTAGE YIELD MAY VARY DEPENDING ON THE DAILY BALANCE IN YOUR ACCOUNT. SEE THE RATE AND INFORMATION SHEET FOR THE CURRENT INFORMATION.
- INTEREST BEGINS TO ACCRUE ON THE BUSINESS DAY YOU DEPOSIT NONCASH ITEMS (FOR EXAMPLE, CHECKS).
- INTEREST WILL BE COMPOUNDED AND CREDITED TO YOU ACCOUNT MONTHLY. IF YOU CLOSE YOUR ACCOUNT BEFORE INTEREST IS CREDITED, ACCRUED INTEREST WILL BE PAID TO THE DATE OF CLOSING MINUS A $3 CLOSING FEE.
- WE USE THE DAILY BALANCE METHOD TO CALCULATE THE INTEREST ON YOUR ACCOUNT. THIS METHOD APPLIES A DAILY PERIODIC RATE TO THE PRINCIPAL IN THE ACCOUNT EACH DAY.
PASSBOOK SAVINGS ACCOUNT
- YOUR INTEREST RATE AND ANNUAL PERCENTAGE YIELD MAY CHANGE. WE MAY CHANGE THE INTEREST RATE ON YOUR ACCOUNT AT ANY TIME AT OUR DISCRETION. THE INTEREST RATE FOR YOUR ACCOUNT WILL NEVER CHANGE BY MORE THAN 5% EACH CYCLE.
- YOU MAY MAKE SIX (6) TRANSFERS OR WITHDRAWALS FROM YOUR ACCOUNT EACH CYCLE.
- INTEREST BEGINS TO ACCRUE ON THE BUSINESS DAY YOU DEPOSIT NONCASH ITEMS (FOR EXAMPLE, CHECKS).
- INTERST WILL BE COMPOUNDED QUARTERLY AND CREDITED TO YOUR ACCOUNT QUARTERLY. IF YOU CLOSE YOUR ACCOUNT BEFORE INTEREST IS CREDITED, ACCRUED INTEREST WILL BE PAID TO THE DATE OF CLOSING MINUS A $3 CLOSING FEE.
- WE USE THE DAILY BALANCE METHOD TO CALCULATE THE INTEREST ON YOUR ACCOUNT. THIS METHOD APPLIES A DAILY PERIODIC RATE TO THE PRINCIPAL IN THE ACCOUNT EACH DAY.
MONEY MARKET II ACCOUNT
- YOUR INTEREST RATE AND ANNUAL PERCENTAGLE YIELD MAY CHANGE. WE MAY CHANGE THE INTEREST RATE ON YOUR ACCOUNT AT ANY TIME AT OUR DISCRETION. THE INTEREST RATE FOR YOUR ACCOUNT WILL NEVER CHANGE BY MORE THAN 5% EACH CYCLE.
- THIS IS A TIERED-RATE ACCOUNT. THE INTEREST RATE AND ANNUAL PERCENTAGE YIELD MAY VARY DEPENDING ON THE DAILY BALANCE IN YOUR ACCOUNT. SEE THE RATE AND INFORMATION SHEET FOR THE CURRENT INFORMATION.
- YOU MAY MAKE SIX (6) TRANSFERS OR WITHDRAWALS FROM YOUR ACCOUNT EACH CYCLE.
- INTEREST BEGINS TO ACCRUE ON THE BUSINESS DAY YOU DEPOSIT NONCASH ITEMS (FOR EXAMPLE, CHECKS).
- INTEREST WILL BE COMPOUNDED AND CREDITED TO YOUR ACCOUNT MONTHLY. IF YOU CLOSE YOUR ACCOUNT BEFORE INTEREST IS CREDITED, ACCRUED INTEREST WILL BE PAID TO THE DATE OF CLOSING MINUS A $3 CLOSING FEE.
- WE USE THE DAILY BALANCE METHOD TO CALCULATE THE INTEREST ON YOUR ACCOUNT. THIS METHOD APPLIES A DAILY PERIODIC RATE TO THE PRINCIPAL IN THE ACCOUNT EACH DAY.
CERTIFICATES OF DEPOSIT
- THE INTEREST RATE FOR YOUR ACCOUNT WILL BE PAID UNTIL THE MATURITY DATE OF YOUR CERTIFICATE. THE MATURITY DATE OF YOUR CERTIFICATE IS LISTED ON THE RATE AND INFORMATION SHEET.
- INTEREST WILL BE COMPOUNDED AND CREDITED TO YOUR ACCOUNT AS STATED ON YOUR CERTIFICATE.
- INTEREST BEGINS TO ACCRUE ON THE BUSINESS DAY YOU DEPOSIT NONCASH ITEMS (FOR EXAMPLE, CHECKS).
- THIS ACCOUNT WILL AUTOMATICALLY RENEW AT MATURITY. YOU WILL HAVE TEN (10) CALENDAR DAYS FROM THE MATURITY DATE TO WITHDRAW YOUR FUNDS WITHOUT BEING CHARGED A PENALTY.
- AFTER THE ACCOUNT IS OPENED, YOU MAY NOT MAKE DEPOSITS INTO OR WITHDRAWALS FROM THIS ACCOUNT UNTIL THE MATURITY DATE.
- WE USE THE DAILY BALANCE METHOD TO CALCULATE THE INTEREST ON YOUR ACCOUNT. THIS METHOD APPLIES A DAILY PERIODIC RATE TO THE PRINCIPAL IN THE ACCOUNT.
- IF ANY OF THE DEPOSIT IS WITHDRAWN BEFORE THE MATURITY DATE A PENALTY AS SHOWN BELOW WILL BE IMPOSED:
Term - Early Withdrawal Penalty
- 6 MONTH CD - 1 MONTHS’ INTEREST
- 12 MONTH CD - 3 MONTHS’ INTEREST
- 18 MONTH CD - 3 MONTHS’ INTEREST
- 24 MONTH CD - 3 MONTHS’ INTEREST
- 30 MONTH CD - 3 MONTHS’ INTEREST
- 42 MONTH CD - 3 MONTHS’ INTEREST
- 60 MONTH CD - 3 MONTHS’ INTEREST
ADDITIONAL DISCLOSURES FOR YOUR ACCOUNTS, INCLUDING THE CURRENT INTEREST RATE AND ANNUAL PERCENTAGE YIELD, ARE INCLUDED ON THE ENCLOSED RATE AND INFORMATION SHEET.
FEE SCHEDULE
DEMAND DEPOSIT
- MAINTENANCE CHARGE EACH CYCLE IF THE AVERAGE DAILY (THE AVERAGE DAILY
BALANCE IS CALCULATED BY ADDING THE PRINCIPAL IN THE ACCOUNT FOR
EACH DAY OF THE PERIOD AND DIVIDING THAT FIGURE BY THE NUMBER OF DAYS
IN THE PERIOD) BALANCE FALLS BELOW $500 FOR PERSONAL AND $1000 FOR BUSINESS - $3 - STOP PAYMENT REQUEST (PER REQUEST) - $20
- EACH OVERDRAFT CREATED BY CHECK, IN-PERSON WITHDRAWAL, ATM
WITHDRAWAL, OR OTHER ELECTRONIC MEANS, AS APPLICABLE - $12
- EACH DEPOSITED CHECK RETURNED - $5
- EACH DEPOSITED CHECK PROCESSED - $3
- EACH WIRE TRANSFER (INCOMING AND OUTGOING) - $15
- RE-ISSUE OF DEBIT CARD - $5
- YOU ARE ALLOWED 20 DEBITS PER CYCLE; EACH SUBSEQUENT DEBIT - $.10
- YOUR DEBIT RETURNED FOR INSUFFICIENT FUNDS- $20
- FEE TO CLOSE ACCOUNT - $3
- LARGE EXTENDED OVERDRAFT FEE:
IF ACCOUNT IS OVERDRAWN $5,000 OR MORE FOR MORE THAN TWO (2) DAYS
$1 PER THOUSAND PER DAY WILL BE ASSESSED IN ADDITION TO REGULAR FEES.
NOW ACCOUNT
- MAINTENANCE CHARGE EACH CYCLE IF THE DAILY BALANCE FALLS BELOW $1,000 ANY DAY OF THE CYCLE - $4
- STOP PAYMENT REQUEST (PER REQUEST) - $20
- EACH OVERDRAFT CREATED BY CHECK, IN-PERSON WITHDRAWAL, ATM WITHDRAWAL, OR OTHER ELECTRONIC MEANS, AS APPLICABLE - $12
- EACH DEPOSITED CHECK RETURNED - $5
- EACH DEPOSITED CHECK REPROCESSED - $3
- EACH WIRE TRANSFER (INCOMING OR OUTGOING) - $15
- RE-ISSUE OF A DEBIT CARD - $5
- YOU ARE ALLOWED 20 DEBITS PER CYCLE; EACH SUBSEQUENT DEBIT $.10
- YOUR DEBIT RETURNED FOR INSUFFICIENT FUNDS - $20
- FEE TO CLOSE ACCOUNT - $3
- LARGE EXTENED OVERDRAFT FEE:
IF ACCOUNT IS OVERDRAWN $5,000 OR MORE FOR MORE THAN TWO (2) DAYS
$1 PER THOUSAND PER DAY WILL BE ASSESSED IN ADDITION TO REGULAR FEES.
SUPER NOW ACCOUNT
- MAINTENANCE CHARGE EACH CYCLE IF THE DAILY BALANCE FALLS BELOW $1,000 ANY DAY OF THE CYCLE - $4
- STOP PAYMENT REQUEST (PER REQUEST) - $20
- EACH OVERDRAFT CREATED BY CHECK, IN-PERSON WITHDRAWAL, ATM WITHDRAWAL, OR OTHER ELECTRONIC MEANS, AS APPLICABLE - $12
- EACH DEPOSITED CHECK RETURNED - $5
- EACH DEPOSITED CHECK REPROCESSED - $3
- EACH WIRE TRANSFER (INCOMING AND OUTGOING) - $15
- RE-ISSUE OF A DEBIT CARD - $5
- YOU ARE ALLOWED 20 DEBITS PER CYCLE; EACH SUBSEQUENT DEBIT $.10
- YOUR DEBIT RETURNED FOR INSUFFICIENT FUNDS - $20
- FEE TO CLOSE ACCOUNT - $3
- LARGE EXTENDED OVERDRAFT FEE:
IF ACCOUNT IS OVERDRAWN $5,000 OR MORE FOR MORE THAN TWO (2) DAYS
$1 PER THOUSAND PER DAY WILL BE ASSESSED IN ADDITION TO REGULAR FEES.
MONEY MARKET II ACCOUNT
- MAINTENANCE CHARGE EACH CYCLE IF THE DAILY BALANCE FALLS BELOW $1,000 ANY DAY OF THE CYCLE - $4
- STOP PAYMENT REQUEST (PER REQUEST) - $20
- EACH OVERDRAFT CREATED BY CHECK, IN-PERSON WITHDRAWAL, ATM WITHDRAWAL, OR OTHER ELECTRONIC MEANS, AS APPLICABLE - $12
- EACH DEPOSITED CHECK RETURNED - $5
- EACH DEPOSITED CHECK REPROCESSED - $3
- EACH WIRE TRANSFER (INCOMING AND OUTGOING) - $15
- RE-ISSUE OF A DEBIT CARD - $5
- YOU ARE ALLOWED 6 DEBITS PER CYCLE; EACH SUBSEQUENT DEBIT $4
- YOUR DEBIT RETURNED FOR INSUFFICIENT FUNDS - $20
- FEE TO CLOSE ACCOUNT - $3
- LARGE EXTENDED OVERDRAFT FEE:
IF ACCOUNT IS OVERDRAWN $5,000 OR MORE FOR MORE THAN TWO (2) DAYS
$1 PER THOUSAND PER DAY WILL BE ASSESSED IN ADDITION TO REGULAR FEES.
PASSBOOK SAVINGS ACCOUNT
- MAINTENANCE CHARGE EACH CYCLE IF THE DAILY BALANCE FALLS BELOW $25 ANY DAY OF THE CYCLE - $2
- EACH DEPOSITED CHECK RETURNED - $5
- EACH DEPOSITED CHECK REPROCESSED - $3
- RE-ISSUE OF A DEBIT CARD - $5
- YOU ARE ALLOWED 6 DEBITS PER CYCLE; EACH SUBSEQUENT DEBIT $4
- FEE TO CLOSE ACCOUNT - $3
OTHER FEES
- ACCOUNTS INFORMATION PRINTOUT - $1
- MONEY ORDER FEES UP TO $1,000 - $.75
- OVER $1,000 - EACH ADDITIONAL THOUSAND - $1
- MAXIMUM MONEY ORDER FEE - $7
- SAFE DEPOSIT BOX RENT - SCHEDULE UPON REQUEST.
Credit and Debit Card Disclosures
FARMERS STATE BANK – CARROLL NEBRASKA
DEBIT MASTERCARD DISCLOSURE
The following disclosures apply to your card:
1. Use of Your Card.
a. Account Access. Some of these services may not be available
at all terminals. You may use your card to:
i. Withdraw cash from the account(s) you have selected.
ii. Transfer funds between the accounts you have selected.
iii. Inquire for balances of the account(s) you have selected.
iv. Pay for purchases at places that have agreed to accept the MasterCard.
Your Debit MasterCard may not be used to engage in illegal activity and online gambling where illegal in your jurisdiction.
b. Limitations on Frequency of Transfers.
i. You may withdraw cash up to 9 times per day with your Debit MasterCard.
ii. For security reasons, there are other limits on the number of transactions you can make using ATM terminals and point of sale transfer service.
c. Limitations on Dollar Amount of Transfers
i. You may withdraw up to a total of $200.00 per day from ATM terminals; however, the amount will not exceed your available balance.
ii. You may buy goods and services worth up to $500 per day with your Debit MasterCard each banking day, however, the amount may not exceed your available balance.
2. Documentation of Transfers.
a. Terminal Transfers. You can get a receipt at the time you make any transfer to or from your account using one of our terminals.
b. Periodic Statements. You will get a monthly account statement unless there no transfers in a particular month. In any case you will get the statement at least quarterly.
3. 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:
a. If, through no fault of ours, you do not have enough money in your account to make the transfer.
b. If the funds are subject to legal process or other encumbrances restricting a transfer.
c. If the terminal where you are making the transfer does not have enough cash.
d. If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
e. If circumstances beyond our control (such as fire or flood) prevent the transfer despite reasonable precautions that we have taken.
f. There may be other exceptions stated in our agreement with you. In no event will we be liable for more than actual damages proved if any failure of our unintentional, and
resulted from a bona fide error, notwithstanding the maintenance of procedures reasonably adopted to avoid such an error.
4. Charges:
a. You will not be charged for transactions conducted at the
Farmers State Bank ATM terminal.
b. For transactions conducted at other ATM terminals, Farmers State Bank will assess a $1.50 charge. Farmers State Bank’s replacement card fee is $5.00.
c. NOTICE REGARDING ATM FEES BY OTHERS. If you use an automated teller machine that is not operated by us, you may be charged a fee by the operator of the machine and/ or by an automated transfer network.
d. NON U.S. TRANSACTIONS. Transactions made in currencies other than U.S. Dollars will be converted to U.S. Dollars under the then current regulations of MasterCard and Visa.
Those regulations currently provide that the conversion rate may be either the wholesale market rate or government mandated rate in effect the day MasterCard or Visa processes the transaction. Conversion may occur on a date other than the date of the transaction, which may affect the conversion rate used. Transactions made in a country other than the United States will be assessed a 0% percent foreign transaction fee by us. The foreign transaction fee will be assessed on all foreign
transactions, even transactions that do not require the currency to be converted.
5. Account Information Disclosure. We will disclose information to third parties about your account or the transfers you make:
a. Where it is necessary for completing transfers, or
b. In order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant, or in order to comply with government agency or court orders, or
c. If you give us your written permission.
6. Liability for Unauthorized Use.
a. Notification Requirement. Tell us AT ONCE if you believe your card 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. If you tell us within two business days,
you can lose no more than $50.00 if someone used your card without your permission. If you do NOT tell us within two business days after you learn of the loss or theft of your card and we can prove we could have stopped someone from using your card without your permission if you had told us, you could lose as much
as $500. Also, if your statement shows transfers that you did not make, tell us at once.
b. 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 long trip or hospital stay) kept you from telling us, we will extend
time periods.
c. Address and Telephone Number. If you believe your card has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call us at
(402) 585-4441 or write us at Farmers State Bank 501 Main St., PO Box 195 Carroll, NE 68723-0195
d. Business Day Disclosure. Our days include everyday other than Saturday, Sunday or one of the Federal Holidays.
7. Liability for Unauthorized Debit MasterCard Point of Sale Debit Card Transaction.
a. Tell us AT ONCE if you believe your Debit MasterCard has been lost or stolen or of any unauthorized transaction. Your liability for unauthorized use of your Debit card with the MasterCard logo when it is used as a MasterCard point of sale Debit card will not exceed zero dollars (0.00) liability. We may require you to provide a written statement regarding claims of unauthorized Debit MasterCard point of sale debit card transactions.
b. These provisions limiting your liability do not apply to MasterCard Commercial Cards 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 Use paragraph above) only if determined that you were grossly negligent or fraudulent in handling your account or point of sale debit card. To notify us of lost or stolen card, 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.
In case of errors or questions about your Electronic transfers, call us at
(402) 585-4441 or write us at Farmers State Bank, 501 Main St.,
PO Box 195, Carroll NE 68723-0195, 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.
i. Tell us your name and account number
ii. 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.
iii. 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 after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or questions. If we decide to do this, we will credit your account within 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 questions in writing and we do not receive it within 10 business days, we may not credit your account. For errors involving new accounts, point of sale, or foreign-initiated transaction, we may take up to 90 days to investigate your complaint or questions. For new accounts, we may take up to 20 business days to credit your account for the amount you think is in error. We will tell you the results within 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.
