View the following account disclosures that apply to our deposit accounts. Viewing or printing of the following account disclosures does not constitute a legal contract with our bank. You will be provided with personalized account disclosures when an account is approved for opening after visiting one of our banking locations or after registering for our Online Banking Services. The disclosure policies are provided for your information only.
Regulation E – Electronic Funds Transfer Agreement
This 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.
Liability for Unauthorized Transfers: Tell us AT ONCE is you believe your card, ATM PIN, POS card or PIN, or CenterVoice PIN has been lost or stolen. Telephoning is the best way to keep 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 (217)792-3216 or (217)544-2950, or write us at The First National Bank of Mt. Pulaski, 205 E. Jefferson Street, P.O. Box 50 Mt. Pulaski, Illinois 62548 or at Capital Community Bank, 2950 South Sixth Street, Springfield, Illinois 62703.
Business Days: For purposes of these electronic funds transfer disclosures, our business days are Monday through Friday. Holidays are not included.
Transfer types and limitations:
ATM Card: You may use your 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): deposit funds to your checking or savings accounts; withdraw funds from your checking or savings accounts; obtain balance information on your deposit accounts; and transfer funds between your accounts (after signing an authorization form at the bank). You may withdraw up to a maximum of $200.00 (if there are sufficient funds in your account) per day. There is no charge for ATM transactions (deposits or withdrawals) performed at ATM machines owned by our bank. There is a $.50 charge for ATM transactions performed at ATM machines that we do not own, plus any charges assessed by the owner of the machine. There is a replacement card fee of $5.00 per card.
VISA Check Card: You may use your VISA Check Card and personal identification number (PIN) to pay for purchases from merchants who have agreed to accept the card at point of sale (POS) terminals within the networks identified on your card and such other terminals at the Bank may designate from time to time. You may make purchases at POS terminals up to your card limit for one business day (if there are sufficient funds in your account). There is a replacement charge of $5.00 per card.
Center Voice Telephone Response System: 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: transfer funds between your deposit accounts (after signing an authorization for at the bank), obtain balance information on your deposit accounts, verify the last date and amount of your deposits, determine if a particular check has cleared your account, and obtain current rates for loans and deposit products. There are no limits on the number or dollar amount of inquiries, transfers, or withdrawals you may make per day. We do not charge for audio response system transactions.
Periodic Statements: 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 our from the account is a preauthorized 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 deposit made to your account at least once every sixty days from the same person or company, you can call us at (217)792-3216 or (217)544-2950 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: (1) If through no fault of ours, you do not have enough money in your account to make the transfer, (2) If the money in your account is subject to legal process or other claim restricting such transfer, (3) If the transfer would go over the credit limit on your overdraft line, (4) If the ATM where you are making the transfer does not have enough cash, (5) If the terminal or system was not working properly and you knew about the breakdown when you started the transfer, (6) If circumstances beyond our control (such as fire or flood) prevent the transaction, despite reasonable precautions that we have taken, or (7) there may be other exceptions stated in our agreement with you.
Confidentiality: We will disclose information to third parties about your account or the transfers you make: To complete transfers as necessary; to verify the existence and condition of your account upon the request of a third party, such as a credit bureau or merchant; to comply with government agency or court orders; or if you give us your written permission.
Personal Identification Number (PIN): The ATM PIN, POS PIN, or Audio Response PIN issued to you is for security purposes. The numbers are confidential and should not be disclosed to third parties or recorded on the card. You are responsible for safekeeping your PIN(s). You agree not to disclose or otherwise make your ATM PIN, POS PIN, or Audio Response PIN available to anyone not authorized to sign on your accounts.
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 attorney fee’s 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 (1) you or any authorized user of your ATM PIN, POS card or PIN, or Audio Response PIN breach this or any other Agreement with us; (2) we have reason to believe that there has been an unauthorized use of your ATM PIN, POS card or PIN, or Audio Response PIN; or (3) we notify you or any other party to your account that we have cancelled or will cancel this Agreement. Your or any other party to your account can terminate this Agreement by notifying us in writing. 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.
PreAuthorized Electronic Fund Transfers:
Stop 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 Preauthorized Transfer. 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.
Regulation E – Electronic Funds Transfer Error Resolution Notice
IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR ELECTRONIC TRANSFERS, Telephone us or write us at the following phone numbers and addresses: Mt. Pulaski location: (217)792-3216, First National Bank of Mt Pulaski, 205 E. Jefferson Street, P.O. Box 50, Mt. Pulaski, IL 62548-0050 Springfield location: (217)544-2950, Capital Community Bank, a branch of The First National Bank of Mt. Pulaski, 2950 South Sixth Street, Springfield, IL 62703; as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer on the statement or receipt. We must hear from you no later that 60 days after we sent you the FIRST statement on which the error or problem appeared. (1) Tell us your name and account number (if any). (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe there is an error, or why you need more information. (3) Tell us the dollar amount of the suspected error. If you tell us orally, we may require that you send us your compliant 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 compliant or question. 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 compliant or question in writing and we do not receive it within 10 business days, we may not credit 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.
Funds Availability Policy Your Ability to Withdraw Funds at The First National Bank of Mt. Pulaski. Our policy is to make funds from your cash and check deposits available to you on the first business day after the day we receive your deposit. However, funds from electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and/or we will use them 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. We have different deposit cut-off hours for different locations. Our cut-off hours are as follows: 3:00 p.m. for our location at 205 E. Jefferson Street, Mt. Pulaski, IL and 5:30 p.m. for our location at 2950 South Sixth Street, Springfield, IL.
If you make a deposit before our cut-off hour on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after our cut-off hour or on a day we are not open, we will consider that the deposit was made on the next business day we are open.
Reservation of Right to Hold. In some cases, we will not make all of the funds that you deposit by check available to you on the first business day after the 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. The first $100 of your deposit, however, may be available on the first business day after the day of your deposit. If we are not going to make all the funds from your deposit available on the first 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 have left the premises, we will mail you the notice by the business day after we receive your deposit. If you need the funds from a deposit right away, you should ask us when the funds will be available.
Longer Delays May Apply. We may delay your ability to withdraw funds deposited by check into your account an additional number of days for these reasons: 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; We believe a check that you deposit will not be paid.; or There is an emergency, such as failure of computer or communications 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.
Holds On Other Funds. If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it. If we accept for a deposit a check that is drawn on another financial institution, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited.
Branch Notice Disclosure Policy
The First National Bank of Mt. Pulaski, with its main office located 205 E. Jefferson Street, Mt. Pulaski, IL, operates a branch bank facility at 2950 South Sixth Street, Springfield, IL, under the name of Capital Community Bank. Capital Community Bank does not operate under a separate banking charter, and is not a separately insured institution under the Federal Deposit Insurance Corporation (FDIC). Deposits held in accounts at each individual location are not separately insured under the rules of the FDIC, and should be treated as if held in one institution.