DISCLOSURES
Privacy Policy
NOTICE OF YOUR FINANCIAL PRIVACY RIGHTS
This is our privacy notice for our customers. When we use the words "you" and
"your" we mean the following types of customers:
ALL of our consumer customers who have a continuing relationship with us, such
as:
- Deposit account
- Loan Account
- Safe Deposit box
- Self-directed Individual Retirement Account where we act as custodian or
trustee
All Persons (individuals) who do not have a continuing relationship with us but
who may use a financial product or service we provide is isolated transactions.
This includes, for example, someone who:
- Uses our ATM machine
- Applies for a loan that does not get completed
We will tell you the sources for nonpublic personal information we collect on
our customers. We will tell you what measures we take to secure that
information.
We first define some terms.
- We, our, and us means F&M Bank.
- Nonpublic personal information means information about you that we collect in
connection with providing a financial product or service to you. Nonpublic
personal information does not include information that is available from public
sources, such as telephone directories or government records.
- An affiliate is a company we own or control, a company that owns or controls us,
and a company that is owned or controlled by the same company that owns or
controls us. Ownership does not mean complete ownership, but means owning enough
to have control.
- A nonaffiliated third party is a company that is not an affiliate of ours.
THE INFORMATION THAT WE COLLECT
We collect nonpublic personal information about you from the following sources:
- Information we receive from you on applications or other forms.
- Information about your transactions with us.
- Information about your transactions with nonaffiliated third parties.
- Information from a consumer reporting agency.
- We do not disclose any nonpublic personal information about you to anyone,
except as authorized by law.
THE CONFIDENTIALITY, SECURITY AND INTEGRITY
OF YOUR NONPUBLIC PERSONAL INFORMATION
We restrict access to nonpublic personal information about you to those
employees who need to know that information to provide products or services to
you. We maintain physical, electronic, and procedural safeguards that comply
with federal regulations to guard your nonpublic personal information.
NONPUBLIC PERSONAL INFORMATION
AND NONAFFILIATED THIRD PARTIES
Since we value our customer relationship with you, we will not disclose your
nonpublic personal information to nonaffiliated third parties, except as
permitted by law.
NONPUBLIC PERSONAL INFORMATION
AND FORMER CUSTOMERS
We do not disclose nonpublic personal information about former customers.
Back to top of page
Patriot Act (Oct. 2003)
Important Information About Procedures for Opening
a New Account:
To Help the government fight the funding of terrorism and money laundering
activities, Federal Law requires all financial institutions to obtain, verify,
and record information that identifies each person who opens an account.
What this means for you:
When you open an account, we will ask for your name, address, date of birth, tax
ID number, and other information that will allow us to identify you. We may also
ask to see your drivers license or other identifying documents.
Back to top of page
Equal Housing Lender
We do business in accordance with Federal Fair Lending laws. Under the Federal Fair Housing Act,
it is illegal, on the basis of race, color, national origin, religion, sex, handicap, or familial
status (having children under the age of 18) to:
Deny a loan for the purpose of purchasing, constructing, improving, repairing or maintaining a
dwelling, or deny any loan secured by a dwelling; or Discriminate in fixing the amount, interest rate,
duration, application procedures or other terms or conditions of such a loan, or in appraising property.
IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST, YOU SHOULD SEND A COMPLAINT TO:
Assistant Secretary for Fair Housing and Equal Opportunity
Department of Housing & Urban Development
Washington, D.C. 20410
(For processing under the Federal Fair Housing Act.)
and to:
Office of Consumer Affairs
Federal Deposit Insurance Corporation
Washington, DC 20429-9990
(For processing under the Comptroller of Currency regulations.)
Under the Equal Credit Opportunity Act, it Illegal to
discriminate in any Credit Transaction:
On the basis of race, color, national origin, religion, sex, marital status,
or age because income is from public assistance, or because a right was exercised
under the Consumer Credit Protection Act.
IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST,
YOU SHOULD SEND A COMPLAINT TO:
Office of Consumer Affairs
Federal Deposit Insurance Corporation
Washington, DC 20429-9990
Back to top of page
Community Reinvestment Act
Community Reinvestment Act Notice (CRA)
Under the Federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our
record of helping to meet the credit needs of this community consistent with safe and sound operations. The FDIC
also takes this record into account when deciding on certain applications submitted by us.
Your involvement is encouraged.
You are entitled to certain information about our operations and our performance under the CRA, including, for example,
information about our branches, such as their location and services provided at them; the public section of our most recent
CRA Performance Evaluation prepared by the Federal Deposit Insurance Corporation; and comments received from the public
relating to our performance in helping to meet community credit needs, as well as our responses to those comments. You may
review this information today.
At least 30 days before the beginning of each quarter, the Federal Reserve System publishes a nationwide list of the
banks that are scheduled for CRA examination by the Reserve Bank in that quarter. This list is available from the
Regional Director (Attn: Thomas P. Anderson), Division of Compliance & Consumer Affairs, Federal Deposit Insurance
Corporation, 1910 Pacific Ave., 20th Floor, Dallas, Texas 75201. You may send written comments about our performance
in helping to meet community credit needs to Chad Johnson, Senior Vice President, F&M Bank P.O. Box 295, Crescent,
OK 73028 , and Thomas P. Anderson, Regional Director, FDIC, Dallas, Texas. Your letter, together with any response by
us, will be considered by the FDIC in evaluation our CRA performance and may be made public.
You may ask to look at any comments received by the FDIC Regional Manager. You may also request from the FDIC Regional
Manager an announcement of our applications covered by the CRA filed with the FDIC. We are an affiliate of Farmers
and Merchants Bancshares, a bank holding company. You may request from the Officer in charge of Supervision, Federal
Reserve Bank of Kansas City, 925 Grand Blvd., Kansas City, Mo., 64190, an announcement of applications covered by the
CRA filed by bank holding companies.
Back to top of page
Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending are available for review. The data show geographic distribution of
loans and applications, race, gender, income of applicants and borrowers, and information about loan approvals and denials.
Inquire at the branches regarding the locations where HMDA data may be inspected.
Back to top of page
Website Terms of Use
BEFORE USING THIS WEBSITE, PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY.
We require that all visitors to our site adhere to the following terms and conditions. If you do not
agree to the terms and conditions below, you should not access this site, or any pages therein.
Illegal Use
Unauthorized use of F&M Bank’s website and systems including but not limited to unauthorized
entry into our Internet banking system, internal network, misuse of passwords, or misuse of any
information posted on our website is strictly prohibited.
Website Content
Any and all information, materials, product offerings, services, terms and conditions are subject to change without notice.
Not all products and services advertised on this website are available in all geographic areas. We reserve the right to
determine your eligibility for any product or service.
This website is not directed to children, although we may periodically advertise special accounts that may be appropriate for
children. Parents of children interested in any of our online services should contact us at one of our many office locations.
Linked 3rd Party Sites
Famp;M Bank maintains this website to provide you with information about our products and services. For your convenience,
we may also provide links to various third parties websites that may be of interest to you. F&M Bank does not control
linked third party sites. When you click on links to third party sites, you will leave our website and will be redirected to
another site. Linking to other third party sites is at your own risk. The content on linked sites may change without notice.
WE MAKE NO REPRESENTATION OR WARRANTY REGARDING THE ACCURACY OF THE INFORMATION CONTAINED IN LINKED THIRD PARTY SITES.
We suggest that you always verify the information obtained from linked sites before acting upon this information. F&M Bank
is not an agent for linked third parties nor do we endorse or guarantee their products and services. The products and services
offered by linked third parties are not products of F&M Bank and are not insured by any governmental agency such as the FDIC.
Also, please be aware that the security and privacy policies on linked sites may be different from our policies, so please read
third party privacy and security policies closely. If you have any questions or concerns about the products and services offered
on linked third party sites, please contact the third party directly.
Investment Products
We may provide links to Investment or Securities companies, which offer products such as stocks, bonds, mutual funds, and annuities.
These investment companies are affiliated with this institution. Furthermore, investment products offered through this website:
- Are NOT F&M Bank deposits.
- Are NOT insured by any governmental agency such as the FDIC.
- Are NOT obligations of or guaranteed by F&M Bank.
- Involve investment risks, including the possible loss of some or the entire principal amount invested.
Use of Information Submitted Through the Website
Any communication or material that you transmit to us through this website or through electronic mail may be used only by F&M Bank
for the purposes described in our privacy policy. All information submitted to our website shall be considered and shall remain the
property of F&M Bank; this information will only be used internally for the purpose intended or as allowed by law.
F&M Bank shall be free to use, for any purpose, any idea, concept, know-how or technique contained in information submitted by a
visitor to us through this website and F&M Bank shall not be subject to any obligations of confidentiality regarding submitted
information except as agreed by direct customer relationship, or as otherwise specifically agreed or required by law. Nothing contained
herein shall be construed as limiting or reducing F&M Bank responsibilities and obligations to customers in accordance with our
privacy policy.
If you need to communicate personal or confidential information, please do not use the email feature on this website, it is not a secure
email service. Instead contact us by telephone, or you may use the secure mail feature within our Internet Banking Service.
No Warranties
Any dated information on this site is "As Of" its date only. We will use every reasonable effort to include accurate and up to date
information on the site, but we make no warranties or representations as to the accuracy of the information, DATED OR OTHERWISE, AND
WE EXPRESSLY DISCLAIM ANY AND ALL LIABILITY FOR ERRORS OR OMISSIONS IN THIS INFORMATION AND MATERIALS.
All information, materials AND services contained in this site, including graphics, links, AND ANY other items are provided "AS IS",
“AS AVAILABLE” to the user without express or implied warranties of any kind including the warranties of merchantability, non-infringement
of intellectual property, fitness for any particular purpose, AND FREEDOM FROM COMPUTER VIRUS.
Trademark Notices
All registered and unregistered trademarks are the sole property of their respective owners. Unauthorized reproduction in whole or part is
prohibited. F&M Bank and the F&M Bank logo are property of F&M Bank and my not be used without express written consent.
Copyright Notices
F&M Bank owns copyright in the pages, screens, text, sound recordings, and images appearing at this site unless otherwise indicated.
Limitation of Liability
F&M Bank will under no circumstances be liable to you and/or any third party for any damages including without limitation direct or
any indirect, special, consequential, incidental or punitive damages whatsoever, arising in connection with this website or use thereof or
inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation
or transmission, computer virus, line or system failure, even if F&M BANK has been advised of the possibility of such damages.
FURTHERMORE, F&M Bank will not be liable for any difficulty in use, or for the incompatibility between this website and YOUR WEB
BROWSER OR OTHER site accessing program. F&M Bank WILL ALSO NOT be liable for any other problems you experience due to causes
beyond our control.
No license to you is implied in these disclaimers, except as may be otherwise expressly provided by written agreement between you and
F&M Bank.
Governing Law
This agreement shall be governed by and construed in accordance with federal statutes and the laws of the State of Oklahoma.
This website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation.
Additional Terms
Certain services or pages on this website may contain separate terms and conditions, which are in addition to these terms and conditions.
In the event of a conflict, the additional terms and conditions will govern for those services or pages.
Sept 27, 2007
Limitation of Liability
F&M Bank will under no circumstances be liable to you and/or any third party for any damages including without limitation direct or
any indirect, special, consequential, incidental or punitive damages whatsoever, arising in connection with this website or use thereof
or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in
operation or transmission, computer virus, line or system failure, even if F&M Bank has been advised of the possibility of such damages.
FURTHERMORE, F&M Bank will not be liable for any difficulty in use, or for the incompatibility between this website and YOUR WEB BROWSER
OR OTHER site accessing program. F&M Bank WILL ALSO NOT be liable for any other problems you experience due to causes beyond our control.
No license to you is implied in these disclaimers, except as may be otherwise expressly provided by written agreement between you and
F&M Bank.
Governing Law
This agreement shall be governed by and construed in accordance with federal statutes and the laws of the State of Oklahoma.
This website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such
distribution or use would be contrary to local law or regulation.
Additional Terms
Certain services or pages on this website may contain separate terms and conditions, which are in addition to these terms
and conditions. In the event of a conflict, the additional terms and conditions will govern for those services or pages.
Back to top of page
Internet Privacy Policy
This Internet Privacy Policy explains how we may collect information from you when you visit our web site or when you use
our online financial services.
We recognize the importance our customers place on the privacy and security of their personal information. Our goal is to
protect your personal information in every way that we interact with you, whether it's on the telephone, in our lobby, at
one of our ATMs, or on the Internet.
We think it is important for you to be informed of the policies, procedures, and security measures that we have in place
to safeguard your personal and confidential information. With that in mind, we have developed this Internet Privacy Policy
to help you to understand the steps we take to protect your personal information when you utilize our online financial services.
In addition to the protections discussed within this Internet Privacy Policy, your online financial activities may also be
protected by our general
privacy policy.
Below are several definitions of terms used within this policy:
Customer Information - Customer Information refers to personally identifiable information about a consumer, customer or
former customer of this Institution.
Internet Protocol (IP) Address - an IP address is a unique address that devices use in order to identify and communicate with
each other on a computer network. An IP address can be thought of as a street address or a phone number for a computer or other
network device on the Internet. Just as each street address and phone number uniquely identifies a building or telephone, an IP address can
uniquely identify a specific computer or other network device on a network. We may use IP addresses to monitor login activity and for
identification purposes when necessary for security investigations.
Cookie - a Cookie is a very small text file sent by a web server and stored on your hard drive, your computer’s memory, or in your
browser so that it can be read back later. Cookies are a basic way for a server to identify the computer you happen to be using at
the time. Cookies are used for many things from personalizing start up pages to facilitating online purchases. Cookies help sites recognize
return visitors and they perform a very important function in secure Internet banking.
"Session" Cookies are used to monitor session activity within our Internet banking product. These Cookies are encrypted and only
our Service Provider can read the information in these Cookies. The session Cookie facilitates the processing of multiple transactions during
a session without requiring you to reenter your password for each individual transaction. Session Cookies used within our Internet banking
product do not pass to your computer’s hard drive. Instead, the Cookie is stored in your computer’s memory, identifying only your
computer while you are logged on. When you log off, or close your browser, the Cookie is destroyed. A new Cookie is used for each session;
that way, no one can use the prior Cookie to access your account. For additional security, the Cookie expires after 10 minutes of inactivity.
It must then be renewed by reentering your password. We do not use this Cookie to collect or obtain personal information about you.
An encrypted, non-expiring Cookie is also used within our Internet banking product for the identification of this Institution.
Service Provider - In order to provide a full range of online financial services, we may use various third party providers. These third
parties provide services such as: website hosting, Internet banking, bill payment, and account aggregation. Third party providers are
referred to within this policy as “Service Providers”.
Information Collected on the Internet
If you are just browsing through our website, we do not request any personally identifiable Customer Information, nor do we collect
unique identifying information about you unless you voluntarily and knowingly provide us that information, such as when you send us an
email or complete an application online. If you provide us this information, it is only used internally and in furtherance of the purpose
for which it was provided.
As part of providing online financial products or services, we may obtain information about our customers and website visitors from the
following sources:
- Information we receive from you on applications, emails, or other forms;
- Information about your transactions with this Institution and our affiliates;
- Information we receive from a consumer-reporting agency; and
- Information that is generated electronically when you visit our website or use our online financial services.
Service Providers hosting our website and Internet banking service may collect
general information on our website visitors for security and statistical
purposes. Such information may include:
- The Internet address (referral site) which brought you to our web site;
- The date and time you access our site;
- The name and version of your web browser;
- Your Internet Protocol (IP) address;
- The pages visited in our website; and
- The duration of your online session.
Our Service Providers may use Cookies to collect some the above information. In some cases you must accept cookies in order to view our
website.
When you click on advertisements in our website or advertisements on linked 3rd party web sites, you may receive another Cookie; however,
you do not have to accept any Cookies from third party advertisements.
As mentioned previously, our Service Provider(s) may also use Cookies within our Internet banking and bill payment products. You must
accept these Cookies in order to utilize the service. These Cookies do not store any personally identifiable information; they simply
provide another level of security.
Use of Information Collected
We may disclose the information that we collect, as described above, with Service Providers acting on our behalf to provide online
financial services such as: Internet banking and bill payment.
We may also disclose Customer Information when required or permitted by law. For example, Customer Information may be disclosed in
connection with a subpoena or similar legal process, fraud prevention, or security investigation.
We may also share Customer Information outside this Institution when we have your consent, such as when you request a specific product
like insurance or an investment product from a third party financial services provider.
We may also disclose aggregate (not personally identifiable) Customer Information with Service Providers or financial institutions
that perform marketing and research services on our behalf and with whom we have joint marketing agreements. Our contracts require
all such Service Providers/or financial institutions to protect the confidentiality of your Customer Information to the same extent
that we must do.
We do not disclose any Customer Information about our customers, former customers, website visitors to anyone, except as permitted or
required by law.
We do not sell any of your personal information.
Account Aggregation
Account aggregation sites allow you to consolidate account information from several sources into one online location. In order to provide
this service, an aggregation provider may request your passcode and login information. You should ensure that the aggregation provider
has appropriate policies to protect the privacy and security of any information that you provide.
If you provide information about your F&M Bank accounts to an aggregation provider, we will consider all transactions initiated by an
aggregator using the access or login credentials that you provide, to be authorized whether or not you were aware of a specific transaction.
If you decide to revoke the authority given to an aggregation provider, we strongly recommend that you also change your online password
with this Institution. This will help ensure that the aggregation company cannot continue to access your account(s) with us.
We do offer aggregation services through our online banking product. Aggregation allows you to consolidate your accounts from other
providers so that you can view all of your accounts in one location. We do not disclose any of the information consolidated through this
service. We may use aggregate information, which is not personally identifiable, to better understand the types of account(s) or services
which may be most beneficial to you.
Email Policies
When you enroll for our online services, we will send you a welcome email. We may also send emails marketing various products and services
offered by this Institution. We will always provide you an opportunity to opt-in or opt-out of marketing related emails.
We will also send security related email notices when you sign-up for email (“notify me”) alerts on your account(s) or whenever you change
your password, security question, or email address.
If you agree to accept electronic disclosures and/or online account statements, we may also send you notices of important account updates
through email. For example, if you have agreed to accept disclosures electronically, we may send you an email with updates to this privacy
policy and/or we may send you a notice that your account statement is available for viewing on our website. For more information on how to
enroll for electronic disclosures, please contact us at 405-348-1500.
Beware of Phishing Attempts and Internet Scams
While email is convenient and has a good business use, it can also be misused by criminals for scams and various other fraudulent
purposes. “Phishing emails” are frequently used by criminals to entice the recipient to visit a fraudulent website where they try
to convince the recipient to provide personal information, such as ATM card numbers, account numbers, Social Security numbers,
access Ids and passwords. Some of these fraudulent websites may also be virus laden and can be used to download mal-ware to your
computer. Fraudulent websites often look identical to a legitimate site, so it’s important to look very closely at the website address.
Below we have listed a few tips to help protect your personal information on the Internet:
- Always be wary of links in emails, especially any links in emails purporting to be from this Institution.
- Please remember that if we send you an email, we will never ask for personal information such as your account number,
ATM card number, PIN number, or social security number.
- Bookmark financial websites and use these bookmarks every time you visit the website.
- Whenever you enter personal information like your Login ID or password, always look for the lock symbol, or https: in
the address bar. Always click on the lock symbol and review the certificate details.
- Update your Internet browser! Most browsers now offer free anti-phishing tool bars that can help alert you of fraudulent websites.
- If you send us an email, please do not include any confidential, personal or sensitive information in the email message,
as email messages are generally not secure. We do offer secure messaging through our Internet Banking product and you may use this
secure messaging feature if you need to send us sensitive or confidential information.
- Make sure that your computer always has up-to-date versions of both anti-spyware and anti-virus software.
- If you receive an e-mail that you think could be a scam, delete it immediately or forward the email to spam@uce.gov.
- If you have any questions about the legitimacy of an email, especially an email from this Institution, you can also call us at
this number 405-348-1500 or forward the email to ebanking@fmbankok.com.
External 3rd Party Links
Our website may include links to other 3rd party web sites. These links to external 3rd parties are offered as a courtesy and a
convenience to our customers. When you visit these sites, you will leave our website and will be redirected to another site.
This Institution does not control linked 3rd party web sites. We are not an agent for these third parties nor do we endorse or guarantee
their products. We make no representation or warranty regarding the accuracy of the information contained in linked sites. We suggest
that you always verify the information obtained from linked websites before acting upon this information. Also, please be aware that the
security and privacy policies on these sites may be different from our policies, so please read third party privacy and security policies
closely.
While using our website, you may still see our logo when linking to a 3rd party site. A technique called “Framing” allows us to display
our logo and look and feel while allowing you to browse another site at the same time. It’s important to note that while you may still
see our logo and frame, any information you provide to a 3rd party is not covered by our privacy or security policies.
If you have questions or concerns about the privacy policies and practices of linked 3rd parties, please review their websites and
contact them directly. This privacy policy applies solely to the Customer Information collected by this Institution.
Security
This Institution and our Service Providers have developed strict policies and procedures to safeguard your Customer Information.
Our policies require confidential treatment of your personal information. We restrict employee access to your personal information
on a "need to know" basis and we take appropriate disciplinary measures to enforce employee privacy and confidentiality responsibilities.
We have established training programs to educate our employees about the importance of customer privacy and to help ensure compliance
with our policy requirements.
Furthermore, this Institution and our Service Providers maintain strong physical, electronic and procedural controls to protect
against unauthorized access to customer information. Our computer systems are protected in the following ways:
- Computer anti-virus protection detects and prevents viruses from entering our website, email, and computer network systems.
- Firewalls and intrusion prevention systems block unauthorized access by individuals or networks.
- We use encryption technology, such as Secure Socket Layer (SSL), to protect the transmission of your confidential information.
Whenever you login to our Internet banking product or schedule an online transaction through our system, the communication is
encrypted. Encryption scrambles transferred data so it cannot be read by unauthorized parties.
- We use strong multi-level authentication and behavior analysis to help prevent unauthorized access to your accounts. Multi-level
authentication can help prevent access by someone who may have stolen your login credentials.
- We provide secure email through our Internet Banking product to help ensure that your communications with us are confidential.
- We continually monitor technological advances and upgrade our systems to ensure your information remains secure.
Privacy of Children
COPPA, the Children's Online Privacy Protection Act, protects children under the age of 13 from the collection of personal information
on the Internet. This financial institution respects the privacy of children. We do not knowingly collect names, emails addresses, or
any other personally identifiable
information from children. We do not knowingly market to children, nor do we allow children under 13 to open online accounts.
Our website may include linked 3rd party sites that would be of interest to children. We are not responsible for the privacy and
security practices of these sites. Parents should review the privacy policies of these sites closely before allowing children to provide
any personally identifiable information. Parents can also be proactive by installing filtering software that provides more control over
the family's Internet experience.
Privacy Updates
This policy maybe updated from time-to-time as new products and features may require changes to our Internet Privacy Policy. The
effective date of our policy will always be clearly displayed. If we make any changes regarding the use or disclosure of your personal
information, we will provide you prior notice and the opportunity to opt-out of such disclosure if required by law.
Questions
If you have any questions about our privacy policy or concerns about our privacy practices, please contact us at 405-348-1500 or
ebanking@fmbankok.com
Effective: May 2010
Back to top of page
Overdraft Protection Policy
It is the policy of F&M Bank to comply with applicable laws, rules and
regulations, and to conduct business in accordance with strict safety and
soundness standards. A non-sufficient funds (negative balance) may result from:
a) The payment of checks, in-person withdrawals, ATM withdrawals or other
electronic funds transfers, or other withdrawal requests you initiate;
b) Payments authorized by you;
c) The return, unpaid, of items deposited by you;
d) Charging your account for our applicable service charges and fees;
e) The deposit of items to your account which, according to our Funds
Availability Policy, are treated as not yet "available" or "finally paid."
We are not obligated to pay any item initiated for payment against your account
if your account does not contain sufficient collected funds. Rather than
automatically returning, unpaid, all non-sufficient funds items that you may
have, if your eligible account type has been open for at least (30) days and
thereafter you maintain your account in good standing, which includes at least:
a)Continuing to make deposits consistent with your past practices.
b)You are not default on any loan obligation to us,
c)We reserve the right to require you to pay your outstanding negative balance,
including our fees, immediately or on demand, and
d)Your account is not the subject of any legal or administrative order or levy,
such as bankruptcy or a tax lien,
we will consider, without obligation on our part, approving your reasonable
overdrafts up to your assigned Overdraft Privilege Limit, including our fees.
This discretionary service will generally be limited to a $400 overdraft
(negative) balance for free checking account types; or a $700 overdraft
(negative) balance for other eligible checking account types. Our normal fees
and charges including, without limitation, our non-sufficient funds (NSF) or
overdraft (OD) fees; Authorized Overdraft Charge, $30.00; Daily Overdraft
Charge, NSF Check Charge– Paying Item, $30.00; and NSF Check Charge – Returning
Item, $30.00, as set forth in our Schedule of Fees, will be charged for each
transaction initiated for payment from your checking account that does not have
sufficient collected funds. Typically, we will charge our normal NSF/OD fee
whether we approve an overdraft item for payment or return it unpaid. In
addition, we will charge your account a $5.00 per day "daily overdraft charge"
for each day that it is overdrawn after five (5) business days.
Our NSF/OD and daily overdraft fees will be included in and count against your
assigned Overdraft Privilege Limit of $400 or $700. Whether your overdrafts will
be paid or not is at our sole discretion and we reserve the right not to pay.
For example, we typically do not pay overdrafts if your account is not in good
standing as described above, or if you have too many overdrafts.
We may refuse to
pay an overdraft for you at any time, even though your account is in good
standing and even though we may have previously paid overdrafts for you.
You will
be notified by mail of any non-sufficient funds items paid or returned that you
may have; however, we have no obligation to notify you before we pay or return
any item. The amount of any overdrafts, including our fees that you owe us,
shall be due and payable immediately, but no later than 30 days.
- Optional Overdraft Protection Services:
We offer an additional overdraft protection service that you may request. This other service is an automatic
transfer from another account of your with us. If approved for this optional
service, you may save money on the total fees you pay us for overdraft
protection services. The fee for this service is $12.00 per transfer.
- Limitations:
We may, in our sole option and discretion, limit the number of your
accounts eligible for Overdraft Protection to one account per household and/or
one account per taxpayer identification number.
- Processing Order:
Transactions may not be processed in the order in which you
conducted them. Transactions will be processed at the discretion of the Banking
Officer.
- You May Opt-Out:
You may choose at any time to not participate in the Overdraft
Protection Program by notifying one of our Customer Service Representatives.
- If You Need Help:
Please contact a Customer Service Representative at (405)
969-2814 for further assistance.
- ALWAYS A DISCRETIONARY SERVICE:
This discretionary service is intended to assist
customers in the event of an unintended overdraft and should not be considered a
source of additional funds.
Back to top of page
Schedule of Fees
|
Account Activity Printout |
$5.00 |
Photocopies (each) |
$1.00 |
|
Account Closed Within 90 Days of Opening |
$30.00 |
Postdated Check Fee (per check) |
$30.00 |
|
Account Research (1 hr min plus $.50 per
copy) |
$30.00 |
Returned Item Fee (per item) |
$30.00 |
|
Account Sent for Collection |
$20.00 |
Returned Mail Fee (After two) |
$11.00 |
|
Visa Check Card - New or Replacement
(per card) |
$5.00 |
Rolled/Sorted Coins -Non-Customer
(per hr) |
$20.00 |
|
ATM -Cash Withdrawal & Inquiry Fee
(F&M-FREE) |
$1.00 |
*Safe Deposit Boxes 3 x 5 |
$26.00/$31.00 |
|
ATM - Pin Replacement (each) |
$5.00 |
*Safe Deposit Boxes 3 x 10 |
$40.00/$45.00 |
|
Authorized Overdraft Charge (per debit/check) |
$30.00 |
*Safe Deposit Boxes 4 x 10 |
$45.00/$50.00 |
|
Automatic Overdraft Transfer Fee
(per daily transfer) |
$10.00 |
*Safe Deposit Boxes 5 x 10 |
$50.00/$55.00 |
|
Cashier's Checks (ea.) |
$5.00 |
*Safe Deposit Boxes 8 x 10 |
$57.50/$62.50 |
|
Check Cashing - Non-Customer ($5.00 Min) |
5.00% |
*Safe Deposit Boxes 10 x 10 |
$76.00/$81.00 |
|
Check Printing |
Varies
by Style |
*Safe Deposit Boxes 15 x 10 |
$86.00/$91.00 |
|
Collections (incoming/outgoing) |
$20.00 |
Safe Deposit Box - Late Payment Fee |
$15.00 |
|
Daily Overdraft Charge After 5 Bus. Days
(Per
Day) |
$5.00 |
Safe Deposit Box - Lost Keys |
$30.00 |
|
Deposit Bags - Locking |
$20.00 |
Safe Deposit Box - Drill Safe |
$125.00 |
|
Deposit Bags - Zipper |
$5.00 |
Stop Payment Fee (per item) |
$30.00 |
|
Deposited Checks Returned Unpaid/Chargeback Fee
(per
item) |
$5.00 |
Telephone Transfer Fee |
$5.00 |
|
Dormant Account Fee (Monthly) |
$10.00 |
Temporary Checks (ea) |
$0.25 |
|
Fax - per page |
$1.00 |
Verification of Deposit |
$20.00 |
|
Garnishments/Levies |
$50.00 |
Wire Transfers - Incoming |
$10.00 |
|
Notary Fee (Fee for NON-Customers Only) |
$5.00 |
Wire Transfers - Outgoing Domestic |
$20.00 |
|
Overdraft Fee (Per Item) |
$30.00 |
Wire Transfers - Outgoing Foreign |
$40.00 |
*Safe Deposit Box Prices - with auto debit/without auto debit (Annually)
Back to top of page