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This agreement states the terms and conditions that apply when you use AbbyBank eBanking. These terms and conditions are in addition to those that apply to any accounts you have with us or any other services you obtain from us. By signing an application form or by your initial access to AbbyBank eBanking service you agree to the terms and conditions of this Agreement.
DEFINITIONS. "Bank", "AbbyBank", "we", "us", or "our" refers to AbbyBank, and "you" and "your" refers to each depositor, borrower, authorized signer, or authorized user for an account with AbbyBank. "AbbyBank eBanking" refers to AbbyBank's offering of internet banking.
SECURITY. AbbyBank eBanking transmits data using SSL (Secure Socket Layer) technology that supports 128-bit key encryption. If your browser does not support 128-bit encryption, you will not be able to access eBanking. The AbbyBank web server does not connect directly to the Internet. It is buffered from the Internet through the use of firewalls and a service provider interface. All access from outside the bank must go through these firewalls, which screens the requests and allows only valid http traffic to reach the server.
1. Hardware and Software Requirements To be able to use AbbyBank eBanking, you must provide your own personal computer with Internet access. AbbyBank eBanking can be accessed through a basic web browser like Microsoft Internet Explorer or Google Chrome. (See Security above for encryption requirements.) You are and will remain solely responsible for the purchase, hook-up, installation, loading, operation, and maintenance of your own personal computer and for all related costs. You are solely responsible for scanning the Hardware and the Software for computer viruses and other related problems before you use them.
2. The Accounts You agree to use AbbyBank eBanking solely for the services described in this Agreement. You may designate multiple accounts in conjunction with your internet banking access. Accounts that require 2 or more signatures for withdrawal may not have transfer privileges through eBanking. You may add any account for which you, or all of you if more than one, are depositor, borrower, authorized signer, or authorized user by notifying the Bank or by visiting any Bank branch office. If you close or delete all accounts designated for AbbyBank eBanking, you will no longer be able to use the AbbyBank eBanking service.
3. ID and PASSWORD Confidentiality of Password. All AbbyBank eBanking transactions or inquiries must be initiated by use of your AbbyBank eBanking Identification (ID) and personal identification number (Password). We will assign you an ID and Password after we have accepted your Application. The first time you sign on AbbyBank eBanking, you will be required to select a new Password. Your new Password must be 8 to 24 characters and contain alpha, numeric, and mixed-case characters. You will be required to change your Password every 360 days and may change your Password more frequently. It is recommended that you do not use your social security number, birthdays, names, or other codes that may be easy for others to determine as your Password. No Bank employee will ever ask for your Password, nor should you provide it to anyone unless you intend to allow that person access to your accounts. You agree to keep your password confidential. Use of the password by you or by any other person with your authorization will be considered the same as your written signature authorizing us to complete any transaction or request communicated through AbbyBank eBanking.
If you authorize another person to use your Password, that person can use AbbyBank eBanking to view any information or initiate any transaction on any of the accounts to the same extent as you, including viewing information or initiating transactions on accounts to which that person does not otherwise have access. As such, your sharing of your Password is strongly discouraged by the Bank, and done at your own risk.
If a third party should gain access to your Password, you alone are responsible for changing the Password so as to deny the third party's access to your banking information. You may change your Password any time through the Options menu in AbbyBank eBanking. Given the electronic nature of these transactions, the Bank shall have no liability to you in the event a third party should gain access to your Password through no fault of the Bank.
You should always exit AbbyBank eBanking after you finish viewing your accounts. Never leave your computer unattended while accessing AbbyBank eBanking. If you do, a third party may be able to access your accounts from your terminal, without ever needing to use your Password.
4. Business Days Business days for the Bank and for AbbyBank eBanking are Monday through Friday, excluding holidays. You may access the accounts through AbbyBank eBanking 24 hours a day, seven days a week. AbbyBank may perform regular maintenance on our systems or equipment, which may result in interrupted service. We will attempt to provide notification in advance of interrupted service.
5. Online Services You may use AbbyBank eBanking to perform any of the following services designated by you in the Application or subsequently added by you as provided below:
- View account information;
- View current transactions;
- View range of transactions between dates;
- Transfer funds from one account to another;
- Download transactions to financial software on your computer;
- Enter and/or view stop payments;
- View previous statements, and
- View check images.
You may perform management functions for your internet banking service, including changing your Password and personal ID (Alias), resetting the login count, changing your email address, changing your internet banking account pseudo names and changing display options. You may also set Alerts to notify you when you log into AbbyBank eBanking for balance fluctuations, specific item or event alerts such as when a check is cashed or a Certificate of Deposit matures and personal alerts such as specifics dates you want to remember.
You may download information about your accounts to certain financial programs like Microsoft Money or other spreadsheets. You are responsible for setup of this download in order for your financial program or spreadsheet program to accept it.
You may enroll in the internet banking service by completing the auto-enrollment process on the login page, filling out the internet banking application on our website or by stopping at our bank. To terminate internet banking, contact AbbyBank in writing at P.O. Box 648, Abbotsford, WI 54405-0648, by fax at (715) 223-6385.
6. Transfers to and from Accounts Internet banking transfers between accounts are considered ‘electronic funds transfers' as defined in Regulation E. Some accounts have transfer limitations, as described in the account disclosure provided to you at the time the account was opened. Any limitations that apply to your account(s) regarding deposits, transfers and withdrawals also apply through internet banking. You may use AbbyBank eBanking to initiate electronic fund transfers from deposit accounts (checking or savings) to other deposit accounts and some loan accounts. Transfers may not be made from certain loan accounts or time accounts (certificates of deposit).
- Limitations Your ability to initiate bank transfers between accounts may be limited by federal law or by the terms of your agreement with us as described on each account's disclosure statement you received when that account was opened. You may obtain a new disclosure statement by contacting our bank. Bank transfers from deposit accounts that are savings or money market deposit accounts are limited as required by federal regulation to no more than 6 preauthorized transfers in any specified period. The specified period for transfers are tracked from the 25th to the 25th of each month for non-statement accounts to accommodate varying days in a month and weekends, and by statement cycle for monthly statement accounts. Internet banking transfers are considered preauthorized transfers and must comply with the 6 per month limitation. Your account must have sufficient funds in order for transfers to be completed. You can not post-date a transfer.
- Time of bank transfers, posting If you initiate a bank transfer of available funds on or before 7:00 p.m. Central Time on a business day, the bank transfer will be posted on the same business day. If you initiate a bank transfer later than 7:00 p.m. Central Time on a business day, the bank transfer will be posted on the next business day.
7. Account Information You may use AbbyBank eBanking to receive, download, and store or print information regarding an account that is routinely set forth in the statement for the Account, debits and credits made to the account, amounts and item numbers for items drawn on the account (if applicable), and the daily account balance (including interest credited to a Deposit Account and finance charges accrued on a Credit Account). Because the information made available to you is ‘posted data', it may not include transactions that have not yet been posted to your account for that business day. You will still receive your usual periodic statement of account.
8. Electronic Mail Service You may use AbbyBank eBanking to send electronic mail ("e-mail") to us. The e-mail service may not be used to make bank transfers between accounts. E-mail transmitted by you to us via AbbyBank eBanking may not be delivered to us immediately. If you need to contact us immediately to report an unauthorized use of your Password, to report unauthorized access to an account, or for any other reason, you should call us at 1-800-288-2229. We will not be responsible for acting on or responding to any e-mail request made through AbbyBank eBanking until we actually receive your e-mail message and have a reasonable opportunity to act. You should check your e-mail regularly; we will attempt to notify you by e-mail in the event of any technical difficulties or other occurrence that my affect your use of AbbyBank eBanking.
9. Additional Service We may, from time to time, make additional services available through AbbyBank eBanking. We will notify you of the availability and terms of these new services. By using these additional services when they become available, you agree to be bound by this Agreement and any additional instructions, procedures and terms provided to you with respect to each of these new services.
10. Fees and Charges In consideration of our making the AbbyBank eBanking services available to you, you agree to pay, and you authorize us to automatically debit to the applicable account for the following fees:
Access to the AbbyBank website is furnished at no charge to the customer. Access to AbbyBank eBanking is furnished at no charge to the customer. This includes viewing your accounts, current transactions, viewing a range of transactions between dates, transferring funds from one account to another, downloading transactions to financial software on your computer, viewing check images and viewing previous statements.
Stop payments for issued checks may be added online through AbbyBank eBanking. A one time fee of $25.00 will automatically be assessed from the account the stop payment order is being placed on. This fee will be assessed on the same business date that the request is processed.
Stop payments are effective for six months. Stop payment fees may change from time to time and notification of these fee changes will be provided through the AbbyBank Schedule of Fees provided to each customer 30 days in advance of fee changes.
You will be solely responsible for all tariffs, duties, or taxes imposed by any government or governmental agency in connection with any transfer made pursuant to this Agreement and for all telephone charges, Internet access service charges, tools tariffs, and other costs for online sessions initiated by you. There may be other costs and charges associated with your accounts, such as overdraft charges. Please ask an AbbyBank personal banker for a copy of the Schedule of Fees for details.
11. Errors and Adjustments We agree to correct any error made in crediting or debiting any account by making the appropriate adjustment to your account balance. You agree to repay promptly any amount credited to your account in error, and you authorize us to initiate a debit transfer to any account to obtain payment of any erroneous credit.
If you become aware of any errors on your accounts, notify the bank immediately by calling 1-800-288-2229 or writing to the bank through our Contact Us form or mail to us at P.O. Box 648, Abbotsford, WI 54405-0648. Your bank deposit account statement contains information on the specific timelines in which electronic transfer errors must be reported.
12. Bank's Liability for Failure to Make or Stop Certain Electronic Fund Transfers If we do not complete an electronic fund transfer to or from an account in a reasonable amount of time or in the correct amount according to our agreement with you, we will only be liable for your direct losses or actual damages, except in the following instances:
- If, through no fault of ours, you do not have enough money in the account (or any linked account) to make the electronic fund transfer or the electronic fund transfer would go over the credit limit on the account.
- If you have not completely and properly followed the terms of this Agreement or instructions provided regarding how to make an electronic fund transfer or the data or instruction transmitted via AbbyBank eBanking are inaccurate or incomplete.
- If any part of the AbbyBank eBanking system was not working properly and you knew about the breakdown when you started your electronic fund transfer.
- If circumstances beyond our control prevent or delay the electronic fund transfer, despite reasonable precautions that we have taken.
- If your funds are subject to legal proceeding or if any other claim restricts the transaction.
- If your Password has been reported lost or stolen or if we have any other reason to believe that an electronic fund transfer may be erroneous or unauthorized.
- If you, any joint holder, or an authorized cosigner on a Deposit Account has requested that we stop payment of the electronic fund transfer.
- If you have exceeded the limitations on the number of withdrawals or transfers allowed during the statement period for the type of Deposit Account you have with us (e.g., certain types of savings accounts, including money market deposit accounts).
- If the Deposit Account has been closed.
13. Limits on Bank's Liability Our liability for electronic fund transfer made to or from accounts is also governed by Sections 12 and 14. If any provision herein is inconsistent with any provision of Section 12 or Section 14 or any provision of applicable law that cannot be varied or waived by agreement, the provisions of those Sections or applicable law shall control. To the fullest extent permitted by applicable law, you agree that we will have no liability whatsoever for any loss, damage, or claim arising out of any delay or failure in the performance of any AbbyBank eBanking service in accordance with the terms of this Agreement, including but not limited to, that resulting from our negligence. Our duties and responsibilities to you are strictly limited to those described in this Agreement, except with respect to any provisions of the law applying to electronic fund transfers that cannot be varied or waived by agreement. In no event will the Bank be liable for any consequential, special, or punitive damages or for any indirect loss that you may incur or suffer in connection with the service (even if the Bank has been informed of the possibility of such damages), including, without limitation, attorney's fees. The Service Provider is an independent contractor and not the Bank's agent. The Bank's sole duty shall be to exercise reasonable care in the initial selection of the Service Provider. You acknowledge that no express or implied warranty, including, without limitation, any warranty of merchantability or fitness or a particular purpose, is made by the bank with respect to any AbbyBank eBanking service or the software, and the bank hereby disclaims all such warranties. The only warranties are those provided by the licensor of the Software and set forth on the Software package. To the fullest extent permitted by applicable law, and without limiting the generality of the foregoing, the Bank shall not be liable at any time to you or any other person for any loss, charge, fee, penalty, expense or other damage resulting from any failure or delay of the performance of the bank's responsibilities under this Agreement which is caused or occasioned by any act or thing beyond the Bank's reasonable control, including, without limitation, legal restraint, interruption of transmission or communication facilities, equipment failure, electrical or computer failure, war, emergency conditions, acts of God, fire, storm, or other catastrophe, or inability to obtain or delay in obtaining wire services or Internet access, or refusal or delay by the Service Provider or another bank or financial institution to execute any bank transfer or stop payment. In addition, the Bank shall be excused from any failure or delay in executing a bank transfer or stop payment, if such execution would result in the violation of any applicable state or federal law, rule, regulation or guideline. To the fullest extent permitted by applicable law, you agree that the Bank shall not have any liability whatsoever for any loss caused by the act, error, or omission of you or any other person, including, without limitation, the Service provider, any Internet access service provider, any federal reserve bank or transmission or communications facility or any intermediary or receiving financial institution, and no such person shall be deemed the Bank's agent.
14. Your Liability for Unauthorized or Erroneous Transfers You have the obligation to immediately notify the Bank if your Password has been lost or stolen, or if someone has transferred funds from your account through AbbyBank eBanking without your permission (or is contemplating to do so). We may require that the notice be in writing. You could lose all the money in your Deposit Account, some or all of the money in any linked account, or up to your maximum overdraft line of credit if you have a check overdraft protection line of credit, if you fail or refuse to immediately advise the Bank of the unauthorized use of your Password. Refer to your bank statement for the time limitations for reporting unauthorized electronic transfers.
If you believe your Password has been lost or stolen or that someone has transferred or may transfer money from an account without your permission contact our bank immediately by calling 1-800-288-2229 or faxing 1-715-223-6385.
On AbbyBank's website Contact Us form
Attn: eBanking Dept.
P.O. Box 648
Abbotsford, WI 54405-0648
Attn: eBanking Dept.
P.O. Box 648
Abbotsford, WI 54405-0648
15. Rejection of Transfers or Stop Payments; Overdrafts You acknowledge that the Bank may from time to time, in its sole discretion, reject any bank transfer or stop payment request or return any bank transfer or stop payment
- if there are insufficient or unavailable funds in the Deposit Account or the Deposit Account has been closed or is frozen,
- if the payment order does not conform to the terms of this Agreement,
- if the information provided is insufficient to complete the request or
- if the payment order appears to be a duplicate, but neither the Bank nor the Service Provider is under any obligation to recognize that a payment is a duplicate and you should not rely on the Bank or the Service Provider to do so.
If a payment order is rejected or a bank transfer or stop payment is returned, the Bank will notify you and you will have the sole obligation to remake the payment order in accordance with the terms of this Agreement and the Software. The Bank may from time to time, in its sole discretion and without any obligation to do so, execute any payment order or make any bank transfer or stop payment even though an overdraft to the account results. To the extent permitted by applicable law, you agree that the Bank will not have any liability whatsoever for refusing to accept or rejecting or returning any bank transfer or stop payment. If an overdraft occurs in a Deposit Account, you agree to cause sufficient available funds to pay the amount of the overdraft to be deposited into or credited to the Deposit Account before the end of that business day. Any overdraft existing at the close of a business day is immediately due and payable without notice or demand.
16. Disclosure of Deposit Account Information to Third Parties You agree that we may from time to time disclose to third parties information about your accounts or the transactions that you make through AbbyBank eBanking. We will disclose information to third parties about your accounts or the transfers you make:
- Where it is necessary for completing bank transfers or stop payment or providing any other service in connection with AbbyBank eBanking; or
- In order to verify the existence and condition of your Deposit 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.
17. Amendment. We reserve the right to amend this agreement from time to time as necessary to include, but not limited to, changes in fees, liability, services, etc. Amendments to this agreement will be delivered to you and posted in our offices at least 30 days prior to effect, unless it is necessary to make immediate changes for security purposes, to comply with law, changes made by our service provider or as otherwise expressly provided in this Agreement.
18. Termination You agree that we may cancel or restrict your use of AbbyBank eBanking or any AbbyBank eBanking service at any time upon such notice (including e-mail) as is reasonable under the circumstances. You may cancel AbbyBank eBanking by contacting AbbyBank in writing at P.O. Box 648, Abbotsford, WI 54405-0648, AbbyBank's Contact Us form, or by fax at (715) 223-6385.
19. Other Agreements; Severability; Governing Law In the event of any conflicts between this Agreement and the content of the software or any related materials regarding the bank's obligations to you, the terms of this Agreement will control. If any provision of this Agreement is unlawful or unenforceable, each such provision or writing will be without force and effect without thereby affecting any other provision hereof. This Agreement will be governed by the substantive laws of the United States, applicable federal regulations, and to the extent not inconsistent therewith, the laws of the State of Wisconsin, without regard to such States' rules regarding conflicts of laws. In the event of any conflicts between this Agreement and the content of the software or any related materials regarding the bank's obligations to you, the terms of this Agreement will control.
20. Assignment You may not assign all or any part of your rights or obligations under this Agreement without our prior express consent, which may be withheld in our sole discretion. We may assign or delegate all or any part of our rights or obligations under this Agreement, including without limitation, the performance of the services described herein. This Agreement will be binding on and inure to the benefit of the successors and/or assigns of any party.
21. No Third Party Beneficiaries This Agreement is for the benefit of you and the Bank and is not intended to grant, and shall not be construed as granting any rights to or otherwise benefiting any other person, except as expressly otherwise provided in this Agreement.
22. Choice of Forum In the event any litigation is instituted to enforce or interpret the terms of this Agreement, you agree that the exclusive forum therefore shall be the Circuit Court for Marathon County, Wisconsin. In the event that the Bank is the prevailing party, the Bank shall be entitled to reimbursement for all reasonable attorney fees and costs incurred including, but not limited to, those incurred incident to any appeal.
Complete the eBanking Application.