Please click "Continue" or you will be logged out.
Online Banking Login
Bill Pay Demo
HSB Credit Card
Save as PDF
Welcome to our Online Enrollment Form for Internet Banking.
* Fields in
District of Columbia
Home Phone Number:
Mobile Phone Number:
At least one phone number is required.
Work Phone Number:
Social Security or Tax ID Number:
Date of Birth:
What is your favorite movie, candy or game?
Requested User ID:
The Harvard State Bank's Online Banking and Mobile Banking Agreement
ONLINE BANKING & MOBILE BANKING AGREEMENT AND DISCLOSURE STATEMENT Please read this entire Online Banking & MOBILE BANKING Agreement and Disclosure Statement (“Agreement”) prior to using The Harvard State Bank’s Online Banking Services. By clicking on the accept button or using any Online Banking Services in connection with your account(s) at The Harvard State Bank, you acknowledge your receipt and understanding of this Agreement and agree to be bound by all of its terms and conditions for using The Harvard State Bank’s Online Banking & Mobile Banking Services, collectively referred to as online banking services within this agreement. As used in the Agreement the terms “you” and “your” refer to the account holder authorized by the Bank to use Online Banking under this Agreement. “Bank,” “we,” “us,” and “our” mean The Harvard State Bank. “Access Service Provider” means any Internet or Online Service Provider providing connection to the Internet. “Accounts” means your account(s) at the Bank that are accessed through Online Banking. “Electronic funds transfers” means transfers to or from your Accounts using Online Banking. “Business days” are Monday through Friday, excluding bank and federal holidays. SECTION 1. WHAT THIS AGREEMENT COVERS This Agreement between you and The Harvard State Bank (“the Bank”) explains the terms and conditions governing the use of The Harvard State Bank’s Online Banking Services, an electronic service that permits The Harvard State Bank customers to access a number of financial services through the use of personal computers, note pads, cellular telephone or similar access devices. Access will be provided through the Internet. All online banking services of any kind whatsoever offered or afforded by the Bank (including, but not limited to funds transfers, bill pay services, wire transfers, and ACH transactions) will be referred to collectively as "Online Banking Services" in this Agreement. This Agreement supplements The Harvard State Bank Deposit Account Agreement and Disclosures and any other agreement (including loan agreements) between you and The Harvard State Bank received by you when you opened your account(s) at the Bank and from time to time sent to you by the Bank. Certain Services provided by The Harvard State Bank that you access through Online Banking are also governed by separate agreement(s) with you. In the event of any conflict with any other agreement, this Agreement will control with respect to the Online Banking Services described herein. If you have further questions regarding these subjects or the Online Banking Services, please contact the Bank by calling 1-815-943-4400 between 9:00 a.m. and 4:00 p.m. (CST) Monday through Friday, excluding bank and federal holidays or by writing us at The Harvard State Bank, P.O. Box 40, Harvard, IL 60033-0040. SECTION 2. ENROLLMENT You must complete and submit the Online Enrollment Form to us for our approval. (Business Customers must complete a Business Online Banking Application.) If you are approved, we will notify you of our acceptance of your enrollment and give you a temporary password. You authorize the Bank to obtain information about you from others (including credit reporting agencies) as part of our review of your enrollment application and from time to time thereafter. You agree to provide us with information as we request, from time to time. Online Banking can only be used to access accounts on which you are an owner or authorized signer. Online Banking can be used to access only the Accounts which you have designated for access on your Enrollment Form. You can add or delete any of your Accounts from this Agreement by completing an Enrollment Change Request Form. SECTION 3. ONLINE BANKING ACCESS AND SECURITY A. ACCESS To access your accounts through Online Banking you must have at least one account at The Harvard State Bank, a User ID and password (which is established at the time internet access is set up), access to the Internet, and accept this Agreement. You must use a recommended version browser in order to meet The Harvard State Bank’s Online security standards. Recommended browsers with 128 bit encryption are listed on the Online Banking Login page under Browser Information. You are responsible for obtaining, installing and maintaining all computer software and hardware necessary for using Online Banking. You agree that we are not responsible for errors or malfunctions or failures of your hardware or software or the Internet. B. PASSWORD For security purposes, you are required to change your password upon your initial login to Online Banking. You determine what password you will use and the identity of your password is not communicated to the Bank. You should carefully select a password that is hard to guess. Your password should not be associated with any commonly know personal identification, such as social security numbers, address, date of birth, names of children, etc. and should be memorized rather than written down. You agree that use of your password constitutes your authorization for all transactions made using your password including all pre-authorized electronic funds transfers. You agree you are liable for all transactions made or authorized using your password. You agree the Bank is entitled to act upon instructions received through any Online Banking Service under your password and has no responsibility for establishing the identity of any person or determining the validity of any transaction. You accept responsibility for the confidentiality and security of your password. You agree that you will not, under any circumstances, give, make available, or disclose your password by telephone or any other means to any person. You acknowledge that no person from the Bank will ever ask for your password, that Bank employees do not need and should not ask for your password. You agree that if you give your password to anyone or fail to safeguard its secrecy, you do so at your own risk since anyone with your password will have access to your accounts. If you believe that your password or computer has been compromised, lost or stolen, or that someone may attempt to use the Online Banking Services without your consent or has transferred money without your permission, you must notify the Bank immediately by calling The Harvard State Bank at 815-943-4400 between the hours and on the days noted in Section 1. C. SECURITY Data transferred via Online Banking is encrypted in an effort to provide transmission security. Notwithstanding our efforts to insure that Online Banking is secure, you acknowledge that the Internet is inherently insecure and that all data transfers (including transfer requests and electronic mail) occur openly on the Internet. This means that the data transfers potentially can be monitored and read by others. The Bank cannot and does not warrant that all data transfers utilizing Online Banking, or email transmitted to and from the Bank, will not be monitored or read by others. Firewalls and anti-virus programs are required to help decrease any potential security breaches. It is your responsibility to protect your information and to maintain your computer with up to date operating system patches, software patches, virus protection, anti-spyware and a firewall. D. VIRUS PROTECTION The Harvard State Bank is not responsible for any electronic virus or malware that you may encounter. Customers are advised to routinely scan their equipment and storage media (hard drives, USB drives, CDs, Diskettes, etc) using a reliable anti-virus product to detect and remove any viruses. In the event that you need assistance detecting or removing a virus, it is the customer’s responsibility to obtain professional assistance at their own expense. Undetected or unrepaired viruses may corrupt and destroy your programs, files, and even your hardware and or share confidential information obtained from your equipment. Additionally, you may unintentionally transmit the virus to other computers. The Bank reserves the right to disable your Online Banking access at any time. SECTION 4. THE HARVARD STATE BANK ONLINE BANKING SERVICES You can manage your accounts using Online Banking. If you are an individual or business account holder you may do the following: • Obtain balance information on eligible accounts • Review transactions on eligible accounts • Make loan payments • View check images • Set up alerts • View statements online • Elect to stop receiving hard copies of deposit account statements • Transfer funds between your eligible accounts at The Harvard State Bank • Pay bills thru The Harvard State Bank Bill Pay Service (has a separate service agreement) In addition, if you are a business account holder you may also be eligible to do the following, if approved by the Bank (separate service agreement(s) may be required and special service fees may apply): • Originate ACH Entries to disburse or collect funds • Deposit checks electronically The Bank reserves the right to eliminate or change any function capabilities at any time without prior notice. If you are an Online Banking business customer, special terms apply to your Online Banking Agreement. You are able to customize your banking relationships with The Harvard State Bank by assigning individual User access for employees or others to your accounts. You may designate which accounts a User may access as well as the level or limits of said access, which may include the ability to view account information only or the ability to transfer funds. You are responsible for the actions of each User, which you assign. Sections14A through D of this Agreement and the provisions of the Federal Electronic Funds Transfer Act, including limitations on liability for unauthorized transfers, do not apply to your business accounts. Please refer to Section 17 for more information on Business accounts. SECTION 5. FUNDS TRANSFERS/ ONLINE BILL PAYMENT SERVICES A. FUNDS TRANSFERS Online Banking enables you to transfer funds between your accounts at The Harvard State Bank with the exception of time accounts, certain loan accounts, and other accounts designated by the Bank as transfers not allowed. If you make electronic funds transfers to or from your accounts which have been established primarily for personal, family or household purposes, then the Electronic Funds Transfer Act and its implementing regulation, Regulation E, provide you with certain rights and responsibilities governing such transfers. When you schedule a funds transfer using Online Banking, you authorize the Bank to withdraw the necessary funds from your account with the Bank. The Bank will debit the amount of your funds transfer on the Business Day you instruct us to process the funds transfer between your accounts. Each instruction to the Bank to withdraw or transfer from an Account is an order to the Bank to pay from that account on the specified processing date. The Bank may charge funds transfers against the account even though the charge creates an overdraft or constitutes a draw against unavailable funds. If you overdraw your account, you agree to immediately pay the Bank the overdrawn amount together with any applicable fees. If the account is maintained in connection with an overdraft credit plan, any overdraft will be made in accordance with the agreement or rules governing that account rather than this agreement. Transfers between your accounts completed through Online Banking before 4:00 p.m. (CST) on a Business day are posted to your Account the same day. Transfers completed after 4:00 p.m. (CST) on a Business day, or on a Saturday, Sunday or a banking holiday will be posted on the next Business day. When doing one time transfers these times may vary due to internal bank processing. B. BILL PAYMENT SERVICE Please see the Terms and Conditions of the Bill Payment Service for details on The Harvard State Bank’s convenient Bill Payment Service. SECTION 6. MAINTAINING YOUR ACCOUNTS You agree to properly maintain any account you have with The Harvard State Bank, to comply with the rules governing the account(s), and to pay any fees associated with the use or maintenance of the account(s). You must have enough money or credit in any account from which you instruct the Bank to make a payment or transfer in amounts sufficient to process the payment or transfer as well as cover any other payment obligations to the Bank. If uncollected funds cause your Account to become overdrawn, you agree to pay for such obligations and any overdraft fees on demand. You further agree that the Bank, at its option, may charge any of your accounts with the Bank to cover such obligations. If any of the account(s) are a savings or money market deposit account, federal law requires that an Account Holder may make no more than six (6) transfers and/or withdrawals (including Online Banking transactions) during any one (1) calendar month or statement cycle (the period from one statement to the next) or similar period of at least four weeks, to another of your accounts with the Bank or to a third party by means of a preauthorized or automatic transfer, or telephonic (including data transmission) agreement, order of instruction by check, draft, debit card, or similar order made by you and payable to third parties. If you repeatedly violate these limitations, federal law would require the Bank to close the account and place the funds in an account you are eligible to maintain, or take away the transfer and draft capabilities of the account. SECTION 7. JOINT ACCOUNTS The provisions of this “Joint Accounts” section apply if your accounts subject to any of the services with the Bank are joint. Each of you is jointly and severally obligated under the terms of this Agreement as well as the original Account Agreement(s) governing your joint accounts. Each of you acting alone may perform transactions, obtain information, terminate your individual Agreement or otherwise transact business, take actions, or perform under this Agreement. We are not required to obtain the consent of, or notify either of you of actions taken by the other. However, each of you will only be permitted to access accounts for which you are an owner or authorized user. Each of you individually releases the Bank from any liability and agrees not to make any claim or bring any action against the Bank for honoring or allowing any actions or transactions where the person performing the action or transaction is one of you or is otherwise authorized to use your Online Banking account. Each of you agrees to indemnify the Bank and hold the Bank harmless from and against any and all liability (including, but not limited to, reasonable attorney fee(s) arising from any such claims or actions. SECTION 8. WHAT ONLINE BANKING WILL COST There are currently no monthly service charges or transaction fees for accessing Online Banking. However, you are responsible for all telephone charges, Internet or other fees incurred by you in accessing or using Online Banking. There may be separate charges for additional services. You will be informed of the cost of each additional service through The Harvard State Bank Deposit Account Agreement and Disclosure or other applicable service agreements. All applicable fee schedules published by the Bank from time to time will apply to the Online Banking Services. You agree that fees and charges may be deducted from any of the Accounts maintained by you at the Bank or any other account of yours. SECTION 9. CHANGES IN TERMS/FEES The Harvard State Bank may change any term set forth in this Agreement at any time upon mailing or delivering a notice of the changes to you at your last known address on our account records and the revised terms and conditions shall be effective at the earliest date allowed by applicable law. We may send any notice to you via electronic mail and you will be deemed to have received it three days after it is sent. You understand that your continued use of any or all of the Online Banking Services indicates your acceptance of the change in terms. SECTION 10. INACTIVITY / TERMINATION You are responsible for complying with all the terms of this Agreement and with the terms of the agreement governing the deposit accounts which you access using the Online Banking Services. If you do not sign on to Online Banking or have any transaction scheduled through Online Banking during any consecutive 90-day period, the Bank may convert your Online Banking Service to inactive status. If your account is considered inactive, you must contact the Bank to have Online Banking activated before you will be able to schedule any transaction through or otherwise use Online Banking. You understand that you may terminate this Agreement at any time by providing the Bank with written notice. To terminate the Online Banking and/or Bill Payment Service, you must provide the Bank with the following information: your name; address; whether you are discontinuing Online Banking, which in turn cancels Bill Payment, or Bill Payment only; and the effective date to stop the service. If you terminate The Harvard State Bank’s Online Banking Service, we reserve the right to continue making previously authorized transfers and other transactions until we have a reasonable opportunity to act upon your termination notice. You will remain responsible for all transactions that occur prior to termination, whether termination by you or by the Bank, and for any fees and charges incurred prior to the date of termination. When Bill Payment is terminated, any scheduled bill payments made through Online Banking that have not been processed will also be terminated. This will not terminate your accounts with The Harvard State Bank. The Harvard State Bank may cancel this Agreement and terminate your use of Online Banking (including the Bill Payment Service) or limit your access for any reason, at any time. We may try to notify you in advance, but we are not obliged to do so. Once your Agreement has been terminated, we will make no further transfers or other transactions you have previously authorized. To cancel any of your Online Banking Services, contact The Harvard State Bank customer service at: The Harvard State Bank Attn: Online Banking Department 35 N Ayer Street P.O. Box 40 Harvard, IL 60033 SECTION 11. BUSINESS DAYS AND HOURS OF OPERATION Our business days are Monday through Friday, excluding bank and Federal holidays. You can access your accounts through Online Banking seven days a week, 24 hours a day. However, some or all Online Banking Services may not be available for certain hours, from time to time, due to bank processing, power outages, hardware or software malfunctions, interruptions in communications, an emergency, system maintenance, or any other issue beyond the Bank’s reasonable control, and the Bank will not be liable for your inability to initiate transactions because of any of the foregoing conditions. We will use reasonable efforts to post notice of any extended periods of non-availability on the Online Banking website. You may access your accounts using the touch-tone service, calling us at 815-943-4400, or visiting one of our branches during these times to conduct transactions. SECTION 12. ACCOUNT STATEMENTS All of your transactions through Online Banking will be shown on your monthly account statements, which the Bank will continue to mail to you, unless you sign an agreement requesting the Bank to stop mailing paper statements. You may also review transaction activity or statements online through Online Banking. SECTION 13. GOVERNING LAW This Agreement shall be governed by and construed in accordance with all applicable federal laws and all applicable substantive laws of the State of Illinois in which we are located and where you opened your account. In addition, we are subject to certain federal and state regulations and local clearing house rules governing the subject matter of the Agreement. You understand that we must comply with these laws, regulations, and rules. You agree that if there is any inconsistency between the terms of the Agreement and any applicable law, regulation, or rule, the terms of the Agreement will prevail to the extent any such law, regulation, or rule may be modified by agreement. SECTION 14. LIABILITY You authorize the Bank to credit or charge your Bill Pay Account or other accounts for all payments and transfers initiated through Online Banking with your password. You are liable for all of these transactions and for all unauthorized transactions to the extent permitted by applicable state and federal law. A. LIABILITY OF THE HARVARD STATE BANK 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 may 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 there is a hold on your account, or if access to your account is blocked, in accordance with banking policy or due to legal process or other encumbrance restricting the transfer. 3. If the transfer would go over the credit limit. 4. If the terminal, software, Browser or system you were using was not working properly. 5. If circumstances beyond our control (such as fire or flood) prevent the transaction, despite reasonable precautions that we have taken. 6. If your transfer authorization terminates by operation of law. 7. If you have not properly followed the scheduling instructions on how to make a transfer included in this Agreement. 8. If we have received incomplete or inaccurate information from you or a third party involving the account or transfer. 9. If we have a reasonable basis for believing that unauthorized use of your password or user ID or account has occurred or may be occurring or if you default under this Agreement, the deposit account agreement, a credit agreement or any other agreement with the Bank, or if we or you terminate this Agreement. 10. Other exceptions stated in this agreement and/or other account agreements. The Harvard State Bank agrees to make reasonable efforts to ensure full performance of Online Banking. Our sole obligation to you arising out of non-availability, interruption, or delay in providing the Online Banking Services, shall be to use commercially responsible efforts to resume the Online Banking Services. The Harvard State Bank will be responsible for acting only on those instructions sent through the Online Banking “message center” customer service channel, which are actually received and cannot assume responsibility for malfunctions in communications facilities not under our control (including the Internet or any Access Service Provider or Browser) that may affect the accuracy or timeliness of messages you send. The Harvard State Bank will not be responsible for any losses or delays in transmission of instructions arising out of the use of any Access Service Provider or caused by any Browser. The Harvard State Bank is not liable for any computer virus or related problems, which may be attributable to the Internet or services provided by any Access Service Provider or any Browser. Because Online Banking utilizes information contained in Bank databases that may not necessarily reflect all current transactions, The Harvard State Bank will not be liable to you for any damages whatsoever arising in connection with the accuracy or completeness of information supplied through Online Banking, regarding your Accounts. The Harvard State Bank is not responsible if you give incorrect instructions, or if your payment instructions are not given sufficiently in advance to allow for timely payments, or if there are delays in mail service. The Harvard State Bank will not be responsible for any loss or penalty that you may incur due to lack of sufficient funds or other conditions that may prevent the withdrawal of funds from your account. The Harvard State Bank may act on instructions received under your password. For security purposes, we recommend that you memorize your password and not write it down. No one from The Harvard State Bank will ever ask you for your password. You agree not to provide your password to anyone and agree to notify the Bank immediately, if you believe your password is lost or stolen. You hereby indemnify and release the Bank from any and all liability and agree not to make any claim against the Bank or bring any action against the Bank for honoring or allowing any actions or transactions where you have authorized the person performing the action or transaction to use your account or when you have provided your password to that person. You agree to reimburse the Bank for any losses it suffers or any damages, injuries, costs or expenses it incurs (including attorney’s fees) as a result of the Bank’s honoring or allowing transactions on the account where the password was used. You will indemnify, defend and hold the Bank harmless from against any and all loss, liability, cost, charges or other expenses (including reasonable attorneys' fees) which we may incur or be subject to, arising out of or related directly or indirectly to any breach by you of your obligations under this Agreement. Except as otherwise provided by law, you agree that The Harvard State Bank is not responsible for any loss, injury or damages, whether direct, indirect, special or consequential, as a result of the use of Online Banking or arising in any way out of the installation, use or maintenance of your personal computer or software. THE HARVARD STATE BANK DOES NOT MAKE ANY WARRANTIES CONCERNING THE HARDWARE, SOFTWARE, SERVICES OR BROWSER OR ANY PART THEREOF INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OR MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. The provisions contained in the preceding paragraphs constitute our entire liability to you and your exclusive remedy. B. CONFIDENTIALITY We will disclose information to third parties about your account or the transfers you make in accordance with The Harvard State Bank’s Privacy Notice. C. UNAUTHORIZED TRANSFERS 1. Consumer Liability. (a) Generally. Tell us AT ONCE if you believe your password 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 after you learn of the loss or theft of your password, you can lose no more than $50.00 if someone used your password without your permission. If you do NOT tell us within two (2) business days after you learn of the loss or theft of your password, and we can prove we could have stopped someone from using your password 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. If you do not tell us within sixty (60) days after the statement was mailed to you, you may not get back any money you 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. 2. Contact in event of unauthorized transfer. If you believe your password has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call or write us at the telephone number or address listed below. D. ERROR RESOLUTION NOTICE In case of errors or questions about your electronic transactions, call us at (815) 943-4400, or write us at The Harvard State Bank, P.O. Box 40, Harvard, IL 60033-0040 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. 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 it 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 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. If a notice of error involves an electronic funds transfer that occurred within thirty (30) days after the first deposit to the account was made, the error involves a new account. For errors involving new accounts, point-of-sale debit card transactions, or foreign-initiated transactions, we may take up to ninety (90) days to investigate your complaint or question. For new accounts, we may take up to twenty (20) business days to credit your account for the amount you think is in error. 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. SECTION 15. ELECTRONIC MESSAGES Normal Internet e mail transmissions may not be secure. Accordingly, if you desire to contact the Bank electronically you agree to do so only through the “message center” provided with the Online Banking product, which provides greater security. We strongly discourage you from sending confidential information to the Bank via e mail. The Harvard State Bank is not responsible for any error or problems of any kind involving your e mail. You also agree to receive communications regarding your account electronically at the e mail address you have furnished to the Bank, and you will not attempt to circumvent receiving any messages. You are deemed to have received any electronic messages sent to you and they shall be considered received within three (3) days of the date sent by the Bank, regardless of whether or not you sign on to the Service within that time frame. You may print a copy of such communications by using the “print” function of your software or you may request that The Harvard State Bank mail you a paper copy of such communication by contacting Customer Service. Requests sent to the Bank are not considered to be effective until the Bank has had a reasonable opportunity to act on the request. You should not rely on electronic messages if you need to communicate with The Harvard State Bank immediately – for example, if you need to report an unauthorized transaction from one of your accounts or if you need to stop a payment that is scheduled to occur. Please call us at 1-815-943-4400 during the hours listed in Section 1 of this Agreement. SECTION 16. CONTACTING THE HARVARD STATE BANK BY PHONE OR MAIL To notify us, call (815) 943-4400 or write us at the following address: The Harvard State Bank Attn: Online Banking Department 35 N Ayer Street P.O. Box 40 Harvard, IL 60033-0040 SECTION 17. BUSINESS ACCOUNTS If you are an Online Banking business customer there are additional special terms that apply to your Online Banking Agreement. A. AUTHORIZATION CONTROLS FOR ONLINE BANKING SERVICES You are responsible for controlling access to Online Banking, for any limitations placed by you on the Online Banking Services that may be used by other persons, and for removing someone’s access in the event that they quit or leave the company. The fact that we are or may be made aware of, or could have discovered, any limitation on access to an Online Banking Service does not make the Bank obligated to enforce or attempt to enforce any limitation. You understand that persons may utilize Online Banking (including inquiries and transfer requests) without regard to any restrictions otherwise applicable to an Account. For example, if a person directs transfers from a given Account, that person can initiate the transfers whether or not he has been authorized to do so according to the signature card applicable to the Account. If a person has signing authority over Account "A" but not over Account "B," but has access to Online Banking, he or she could transfer funds from "B" to "A" and then withdraw funds from "A." You agree that any arrangements with the Bank to require one or more authorized signatures for transactions involving your Accounts do not apply to or limit our obligation to act upon transfer requests received through Online Banking. Online Banking Services may require that you designate an individual (and, where applicable, we recommend that you have at least two individuals) who are authorized to take control of the security procedures inherent in Online Banking. The employee(s) who execute the Business Online Banking Enrollment Form are conclusively presumed to be the Designated Company Contacts ("DCC"). The DCC(s) are authorized to approve and submit the Enrollment Form and any related documents. The DCC(s) are, or can assign to one or more other persons, the role of Administrator and you acknowledge that the Bank will not control (and may not even be aware of) changes in the Administrator. It is the Administrator's responsibility to understand the security capabilities built into Online Banking and to decide which of your Accounts to link to each User ID and what level of activity is appropriate for each Account linked to that User ID, keeping in mind the importance of separation of duties as an important way of protecting your company. Error, negligence or misfeasance by the Administrator or by any user of Online Banking can cause significant losses for which you agree you and not the Bank will be responsible; you agree to maintain insurance in appropriate form and amount to protect you against this risk. Unless you specify otherwise, all persons with access to Online Banking will have the ability to transfer funds. B. COMPLIANCE WITH SECURITY PROCEDURES/PROTECTION OF ONLINE BANKING You assume all risks associated with disclosure or discovery of any password to or by your employees or others. You agree to limit disclosures of passwords to those who you authorize or who have a specific need to know and who have been authorized by you to use the Online Banking Services you desire. You will establish procedures to protect the confidentiality of all information relating to Online Banking, including all passwords, and will promptly notify the Bank if you know or suspect that codes, passwords or other security information is stolen, compromised, or misused. You will require authorized persons to create new passwords at reasonably frequent periods, based on your assessment of the security requirements appropriate for the Online Banking Services utilized by you. You agree to promptly remove an employee's passwords from Online Banking and to promptly notify the Bank whenever an authorized employee leaves your employ or otherwise is no longer authorized to use Online Banking on your behalf. You agree that the Bank will not be responsible for verifying whether a Transfer Request or other communication is originated by you other than through the verification process contained in the security procedures of Online Banking. Thus, when a person is added or deleted by you as a user of Online Banking, we will treat that person as "authorized" if a Transfer Request or other communication is received by the Bank in accordance with the security procedures, without otherwise verifying the persons status with you or investigating whether the person is exercising authority granted by you or is acting consistent with any limitations imposed by you on that person. C. ACH ORIGINATION AND MERCHANT CAPTURE Refer to separate service agreements. SECTION 18. MISCELLANEOUS This Agreement, together with the Enrollment Form, constitutes the entire agreement between you and the Bank with respect to the subject matter hereof and there are no understandings or agreements relative hereto which are not fully expressed herein. The terms and conditions of the deposit agreements and disclosures for each of your Accounts, as well as your other agreements with the Bank (such as for loans or other services), continue to apply except as specifically altered by this Agreement. You represent and warrant that this Agreement, once duly executed and delivered by both parties, will be a valid agreement enforceable against you in accordance with its terms. You agree to cooperate with the Bank in all manner reasonably requested by the Bank, including providing the Bank with information about you and executing and delivering to the Bank any documents reasonably requested by the Bank to further the purposes of this Agreement. If any provision of this Agreement is found to be invalid or unenforceable according to its terms, all remaining provisions will continue in full force and effect. The headings in this Agreement are for convenience or reference only and will not govern the interpretation of the provisions. Any waiver (express or implied) by either party of any default or breach of this Agreement must be in writing and shall not constitute a waiver of any other or subsequent default or breach. You may not assign this Agreement. This Agreement is binding upon your heirs, and the Bank’s successors and assigns. Any of your obligations pursuant to this Agreement that by their nature would continue beyond the termination, cancellation or expiration of this Agreement shall survive termination, cancellation or expiration of this Agreement.
Yes, I have read and agree to the Internet Banking Agreement.
Copyright © 2015 The Harvard State Bank (815) 943-4400. All rights reserved. Member FDIC. Equal Housing Lender. NMLS #704698