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FUNDS AVAILABILITY
DISCLOSURE
This policy statement applies to demand accounts.
Our policy is to make funds from
your deposits available to you on
the first business day after the 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.
Please remember that even after we
have made funds available to you,
and you have withdrawn the funds,
you are still responsible for checks
you deposit that are returned to us
unpaid and for any other problems
involving your deposit.
For determining the availability
of your deposits, every day is a business
day, accept 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 deposit.
However, if you make a deposit after
2:00 P.M. or on a day we are not open,
we will consider that the 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 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. However,
the first $100 of your deposit will
be available on the first business
day after we receive your deposit.
If we are not going to make all of
the funds from your deposit available
on the first business day after we
receive your deposit, we will notify
you at the time you make the 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 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.
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.
FIRST NATIONAL BANK
MAIN BANK – POB 100
Beemer, NE 68716
402-528-3223
OFFICE – POB 369
Homer, NE 68030
402-698-2381
OFFICE – Citizens Bank
POB 99
Bancroft, NE 68004
402-648-3341
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ELECTRONIC FUND TRANSFERS
YOUR RIGHTS AND RESPONSIBILITIES
Indicated below are types of Electronic
Fund Transfers we are capable of handling,
some of which may not apply to your
account. Please read this disclosure
carefully because it tells you your
rights and obligations for the transactions
listed. You should keep this notice
for future reference.
Direct Deposits:
You may make arrangements for certain
direct deposits to be accepted into
your Checking or Savings account.
Preauthorized Withdrawals:
You may make arrangements to pay certain
recurring bills from your Checking
or Money Market accounts.
VISA® Check Card - ATM
Transfers: (Plus, Cirrus
and Nets Networks) You may access
your account(s) by ATM using your
VISA® Check Card and personal
identification number to:
- Make deposits to checking or
savings account(s) with an ATM card.
- Get cash withdrawals from checking
or savings account(s) with an ATM.
- you may withdraw no more
than five withdrawals per day
- you may withdraw no more
than $500.00 per day
- Transfer funds between savings
and checking account(s) with an
ATM card.
- Transfer funds from line of credit
to checking account(s) with an ATM
card.
- Get information about the account
balance of your checking or savings
account(s) with an ATM card
There is a charge of $1.50 per withdrawal,
transfer and inquiry at ATMs we do
not own or operate. (Foreign ATM usage
fee per transaction.)
Some of these services may not be
available to all terminals.
Please also see Limitations on Frequency
of Transfers section regarding limitations
that apply to ATM transfers.
Types of VISA® Check Card
– Point of Sale Transactions:
You may access your Checking accounts
to purchase goods (in person or by
phone), pay for services (in person
or by phone), get cash from a merchant,
if the merchant permits, or from a
participating financial institution
and do anything that you can do with
a credit card that a participating
merchant will accept with a credit
card.
Point of Sale transactions using your
VISA® Check Card
may not exceed $1,500.00 in transactions
per day.
Please also see Limitations on Frequency
of Transfers section regarding limitations
that apply to Point of Sale transactions.
Electronic Checks:
You may access your checking account(s)
to purchase goods, pay for services,
or get cash from a merchant (if the
merchant permits) by writing a check
on your account. Some merchants will
convert your check into an electronic
withdrawal and return the check to
you at the time of purchase.
Limitations on Frequency
of Transfers: In addition
to those limitations on transfers
elsewhere described, if any, transfers
from a Money Market account or savings
account to another account or to third
parties by preauthorized, automatic,
or telephone transfer are limited
to six per statement cycle with no
more than three by check, draft or
similar order to third parties.
CHARGES FOR ELECTRONIC FUND
TRANSFERS
We do not charge for direct deposits
to any type of account. Except as
indicated elsewhere, we do not charge
for electronic fund transfers.
RIGHT TO DOCUMENTATION
Terminal Transfers: You can get
a receipt at the time you make any transfer to
or from your account using one of our automated
teller machines or point of sale terminals.
Direct Deposits: If you have
arranged to have dire ct deposits made to your
account at least once every 60 days from the same
person or company, you can call us at (402) 528-3223
to find out whether or not the deposit has been
made. If the only possible transfers to or from
your account are direct deposits, you will get
a quarterly statement from us.
Periodic Statements:
You will get a monthly account statement
from us for your checking or money
market accounts. For passbook savings
accounts, if the only possible electronic
transfer to or from your account are
preauthorized deposits, we do not
send periodic statements. You may
bring your passbook to us and we will
record any electronic deposits that
were made since the last time you
brought in your passbook.
STOP PAYMENT PROCEDURES
AND NOTICE OF VARYING AMOUNTS
Right to Stop Payment and
Procedures for Doing So:
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 us or write us at the telephone
number or address listed in this disclosure
in time for us to receive your request
three 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 14 days after
you call. We will charge you $15.00
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, 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 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.
OUR LIABILITY
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 transfer would go over
the credit limit on your overdraft
line.
- 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.
- There may be other exceptions
stated in our agreement with you.
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;
- In order to verify the existence
and condition of your account for
a third party, such as a credit
bureau or merchant;
- In order to comply with government
agency or court orders; or
- If you give us your written permission.
UNAUTHORIZED TRANSFERS
Tell us AT ONCE if you believe your
card and/or code 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 business days, you can lose no
more than $50 if someone used your
card and/or code 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/or
code, and we can prove we could have
stopped someone from using your card
and/or code 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
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 a long trip
or a hospital stay) kept you from
telling us, we will extend the time
periods.
If you believe your card and/or code
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 in this brochure.
ERROR RESOLUTION
In case of errors or questions about your electronic
transfers, call or write us at the telephone number
or address listed below, 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.
- Tell us your name and account number (if
any).
- 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 (five (5) business days if the transfer involved a point-of-sale transaction processed by VISA and twenty (20) business days if the transfer involved a new account) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days (90 days if the transfer involved a new account, a point-of-sale transaction, or a foreign-initiated transfer) to investigate your complaint or question. If we decide to do this, we will credit your account within ten (10) business days (five (5) business days if the transfer involved a point-of-sale transaction and twenty (20) business days if the transfer involved a new account) 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. Your account is considered a new account for the first thirty (30) days after the first deposit is made, unless each of you already has an established account with us before the account is opened.
We will tell you the results within three (3) business days after completing our investigation. If we decide that there was no error, we will send you a written explanation.
You may ask for copies of the documents that we used in our investigation.
If you have inquires regarding your account, please contact us at:
First National Bank
Arline Lurz
PO Box 100
Beemer, NE 68716
BUSINESS DAYS: Monday, Tuesday, Wednesday, Thursday, and Friday
Holidays are not included.
PHONE: 800-431-1567
SPECIAL VISA® RULES
Your VISA® Check Card is so secure
that we have reduced your potential
liability for unauthorized transfers
accomplished with your card.
Limits on Liability For
Your VISA® Check Card When Used
for Point-of-Sale Transactions:
Unless you have been grossly negligent
or have engaged in fraud, you will
not be liable for any unauthorized
transactions using your lost or stolen
VISA®-branded card, when used
for point-of-sale transactions, if
you report the loss or theft of your
card within 2 business days of when
you discover the loss or theft of
the card. If you do NOT tell us within
2 business days, your liability is
the lesser of $50 or the amount of
money, property, labor or services
obtained by the unauthorized use before
notification to us.
Special Error Resolution
Procedures For Your VISA® Check
Card When Used for Point-of-Sale Transactions:
In case of errors or questions about point-of-sale
transactions using your VISA®-branded card,
call or write us at the address listed below.
We will tell you the results of our investigation
within 5 business days (20 business days for a
foreign-initiated transfer) after we hear from
you and will correct any error promptly. If we
need more time, however, we may take up to 90
days (if the transfer involved a point-of-sale
transaction) to investigate your complaint or
question. If we decide to do this, we will credit
your account within 5 business days (20 business
days for a foreign-initiated transfer) 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 10 business days,
we may not credit your account.
FIRST NATIONAL BANK
MAIN BANK –
POB 100 * Beemer, NE 68716 * 402-528-3223
OFFICE – POB
369 * Homer, NE 68030 * 402-698-2381
OFFICE – Citizens
Bank * POB 99 * Bancroft, NE 68004
* 402-648-3341
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