| Privacy Policy
| Security Statement | Funds Availability Disclosure
| Electronic Funds Transfers
The information presented below pertains to Carlinville National
Bank's M.A.T.E.Y. automated teller machine service and any other
electronic funds transfer services provided through Carlinville
National Bank.
Indicated below are types of Electronic Fund Transfers we are capable
of handling, some of which may 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.
Health Savings Accounts (HSA) - Health
Savings Accounts (HSA). We permit you (as described below) to access
your HSA with a card. This service is offered for the convenience
of managing your HSA. However, electronically accessing your HSA
- for example, getting additional cash back on an HSA debit card
transaction - can raise a variety of tax concerns. As a result,
before electronically accessing your HSA make sure you are using
the correct card. Also, it is your responsibility to ensure the
contributions, distributions, and other actions related to your
HSA, comply with the law, including federal tax law. As always,
we recommend consulting a legal or tax professional if you have
any questions about managing your HSA. The terms of this disclosure
are intended to work in conjunction with the HSA Agreement provided
to you earlier. In the event of a conflict, the terms of the HSA
Agreement control. You understand that your HSA is intended to be
used for payment of qualified medical expenses. It is your responsibility
to satisfy any tax liability resulting from use of your HSA for
any purpose other than payment or reimbursement of qualified medical
expenses. We do not monitor the purpose of any transaction to or
from your HSA. Nor are we responsible for ensuring your eligibility
for making contributions or ensuring withdrawals are used for payment
or reimbursement of qualified medical expenses. Refer to your HSA
Agreement for more information relating to the use of your HSA
Electronic Funds Transfers Initiated By Third
Parties. You may authorize a third party to initiate electronic
fund transfers between your account and the third party's account.
These transfers to make or receive payment may be one-time occurrences
or may recur as directed by you. These transfers may use the Automated
Clearing House (ACH) or other payments network. Your authorization
to the third party to make these transfers can occur in a number
of ways. For example, your authorization to convert a check to an
electronic fund transfer or to electronically pay a returned check
charge can occur when a merchant provides you with notice and you
go forward with the transaction (typically, at the point of purchase,
a merchant will post a sign and print the notice on a receipt).
In all cases, these third party transfers will require you to provide
the third party with your account number and financial institution
information. This information can be found on your check as well
as on a deposit or withdrawal slip. Thus, you should only provide
your financial institution and account information (whether over
the phone, the Internet, or via some other method) to trusted third
parties to whom you have authorized to initiate these electronic
fund transfers. Examples of the transfers include, but are not limited
to:
· Preauthorized credits - You
may make arrangements for certain direct deposits to be accepted
into your checking or savings.
· Preauthorized payments - You
may make arrangements to pay certain recurring bills from your checking
or savings.
· Electronic check conversion
- You may authorize a merchant or other payee to make a one-time
electronic payment from your checking account using information
for your check to pay for purchases or pay bills.
· Electronic returned check charge -
You may authorize a merchant or other payee to initiate an
electronic funds transfer to collect a charge in the event a check
is returned for insufficient funds.
INFOLINE transactions - types of transactions
- You may access your account by telephone using your account number(s),
personal identification number (PIN) and touch tone phone to:
· transfer funds from checking to savings
· transfer funds from checking to checking
· transfer funds from savings to checking
· transfer funds from savings to savings
· make payments from checking to loan payments
· make payments from savings to loan payments
· get balance information about checking, savings, certificates
of deposit, line of credit or loans
· get withdrawal history about checking or savings
· get deposit history about checking or savings
· get transaction history about checking or savings
You may access your account for telephone transactions at the following
number(s) and during the following hours:
· (217)854-2620 (24 HOURS)
· (800)342-2620 (24 HOURS)
M.A.T.E.Y. ATM transactions - types
of transactions - You may access your account(s) by ATM using your
M.A.T.E.Y. and your personal identification number (PIN) (as applicable)
to:
· deposit funds to checking or savings
· withdraw cash from checking or savings
· transfer funds from checking to savings
· transfer funds from savings to checking
· get balance information about checking or savings
· dollar limitations on ATM or Debit Card:
$300 per day - ATM withdrawal limit
$3,000 per day - Point of Sale (purchases) limit
Some of these services may not be available at all terminals.
M.A.T.E.Y. point-of-sale transactions
- types of transactions - You may access your checking or your savings
account(s) by debit card to do transactions that participating merchants
will accept, including:
· purchase goods in person, by phone, or online
· pay for services in person, by phone, or online
· get cash from a participating merchant or financial institution
Foreign Currency Conversion and
Cross-Border Transactions - If you effect a transaction with
your Card in a currency other than US Dollars, MasterCard will convert
the charge into a US Dollar amount. The MasterCard currency conversion
procedure includes use of either a government-mandated exchange
rate, or a wholesale exchange rate selected by MasterCard. The exchange
rate MasterCard uses will be a rate in effect on the day the transaction
is processed. This rate may differ from the rate in effect on the
date of purchase or the date the transaction was posted to your
account. MasterCard charges us a Currency Conversion Assessment
of 20 basis points (.2% of the transaction) for performing the currency
conversion. In addition, MasterCard charges us an Issuer Cross-Border
Assessment of 80 basis points (.8% of the transaction) on all cross-border
transactions regardless of whether there is a currency conversion.
As a result, we charge you a corresponding fee as disclosed separately.
The Cross-Border Transaction fee is charged on all cross-border
transactions regardless of whether there is a currency conversion.
A cross-border transaction is a transaction processed through the
Global Clearing Management System or the MasterCard Debit Switch
in which the country of the merchant is different than the country
of the cardholder.
E-Banking - types of transfers - You
may access your accounts by computer at www.cnbil.com and using
your password/user name to:
· transfer funds from checking to checking
· transfer funds from checking to savings
· transfer funds from savings to checking
· transfer funds from savings to savings
· transfer funds from checking to line of credit
· transfer funds from savings to line of credit
· make payments from checking to line of credit
· make payments from savings to line of credit
· make payments from checking to loan
· make payments from savings to loan
· get balance information about checking, savings, certificates
of deposit, line of credit or loans
· get withdrawal history about checking, savings, line of
credit or loans
· get deposit history about checking, savings, line of credit
or loans
· get transaction history about checking, savings, line of
credit or loans
Limits and fees - Please refer to our
fee disclosure for information about fees and limitations that may
apply to these electronic fund transfers.
ATM Operator/Network Fees - When you
use an ATM not owned by us, you may be charged a fee by the ATM
operator or any network used (and you may be charged a fee for a
balance inquiry even if you do not complete a fund transfer).
Security limitations - For security
reasons, there are other limits on the number of transfers you can
make using our terminals and point-of-sale transfer service.
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.
Preauthorized credits - If you have
arranged to have direct deposits made to your account at least once
every 60 days from the same person or company:
· the person or company making the deposit will tell you
every time they send us the money.
· you can call us at (217)854-2674 to find out whether or
not the deposit has been made.
Periodic statements - You will get
a monthly account statement from us for your checking account(s).
You will get a monthly account statement from us for your savings
account(s), unless there are not transfers in a particular month.
In any case, you get a statement at least quarterly.
If you have a checking and savings account you will receive your
statements monthly. If you have a regular savings account only you
will receive your statement quarterly. The Progressive Savings Account
will receive statements monthly.
If you
have told us in advance to make regular payments out of your account,
you can stop any of the payments. Here is how:
Call 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.
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
three business days or more before the transfer is scheduled, and
we do not do so, we will be liable for your losses or damages.
Liability for failure to make transfers
- If we do not complete a transfer to or from your account on time
or in the correct amount according to our agreement with you, we
will be liable for your losses or damages. However, there are some
exceptions. We will not be liable, for instance:
(1) If, through no fault of ours, you do not have enough money
in your account to make the transfer.
(2) If you have an overdraft line and the transfer would go over
the credit limit.
(3) If the automated teller machine where you are making the transfer
does not have enough cash.
(4) If the terminal or system was not working properly and you
knew about the breakdown when you started the transfer.
(5) If circumstances beyond our control (such as fire or flood)
prevent the transfer, despite reasonable precautions that we have
taken.
(6) There may be other exceptions stated in our agreement with
you.
We will disclose information to third parties about your account
or the transfers you make:
(1) where it is necessary for completing transfers; or
(2) in order to verify the existence and condition of your account
for a third party, such as a credit bureau or merchant; or
(3) in order to comply with government agency or court orders;
or
(4) if you give us written permission.
(a) Consumer liability. (1) Generally.
Tell us AT ONCE if you believe your card and/or code has been lost
or stolen, or if you believe that an electronic fund transfer has
been made without your permission using information from your check.
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
after you learn of the loss or theft of your card and/or code, 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,
including those made by card, code or other means, 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 period.
(2) Additional Limits on Liability for MASTERCARD® debit card,
when used for point-of-sale transactions. You will not be liable
for any unauthorized transactions using your MASTERCARD® debit
card, when used for point-of-sale transactions, if (i) you can demonstrate
that you have exercised reasonable care in safeguarding your card
from the risk of loss or theft, (ii) you have not reported to us
two or more incidents of unauthorized use within the prior twelve-month
period, and (iii) your account is in good standing. If any of these
conditions are not met, 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. "Unauthorized use" means
the use of your debit card by a person, other than you, who does
not have actual, implied, or apparent authority for such use, and
from which you receive no benefit. This additional limit on liability
does not apply to ATM transactions using your personal identification
number which are not processed by MASTERCARD®.
CONTACT IN EVENT OF UNAUTHORIZED TRANSFER
If you believe your card and/or code has been lost or stolen, call:
866-342-2620 or 217-854-2674
Or write:
Carlinville National Bank
450 West Side Square
Carlinville, IL 62626
(b) Contact in event of unauthorized transfer: If you believe your
card and/or code has been lost or stolen, call or write us at the
telephone number or address listed in this disclosure. You should
also call the number or write to the address listed in this disclosure
if you believe a transfer has been made using the information from
your check without your permission.
In case of errors or questions about your electronic transfers,
call or write us at the telephone number or address listed in this
disclosure, 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.
(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 10 business days.
We will determine whether an error occurred within 10 business
days (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 in 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 10 business days
(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 10 business days, we may not credit your
account. Your account is considered a new account for the first
30 days after the first deposit is made, unless each of you has
an established account with us before the account is opened.
We will tell you the results within three business days after completing
our investigation. If we decide that there was no error, we will
send you a written explanation.
You may ask for copies of the documents that we used in our investigation.
If you have inquiries regarding your account, please contact us
at:
CARLINVILLE NATIONAL BANK
Arlene Heyen
PO BOX 350
CARLINVILLE, IL 62626
BUSINESS DAYS: Monday, Tuesday, Wednesday, Thursday and Friday
Holidays are not included.
PHONE: (217)854-2674
As with all financial transactions, please exercise discretion
when using an automated teller machine (ATM) or night deposit facility.
For your own safety, be careful. The following suggestions may be
helpful:
(1) Prepare for your transactions at home (for instance, by filling
out a deposit slip) to minimize your time at the ATM or night
deposit facility.
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