online banking enrollmentTo enroll for Online banking, you much first read the following Disclosure and click on "I ACCEPT" below. Internet Banking Service Agreement and Disclosure This agreement and any future amendments to this Agreement, describe your rights and obligations as a user of the On-Line Banking Service or the Bill Payment Service "(Services)". It also describes the rights and obligations of Inland Bank and Trust. Please read this agreement carefully. By pressing the 'I Accept' button below, you agree to comply with the terms and conditions of this agreement. Definitions "On-line Banking" is the internet-based service providing access to your account(s) under the terms set forth in this Electronic Services Agreement. "On-line Account" means any Inland Bank and Trust account from which you will be conducting transactions using a Service. "Password" is the code assigned to you by Inland Bank and Trust for use during the initial sign-on, or the code you select after the initial sign-on, that establishes your connection to the Service. "Time of Day" references are to Central Standard Time or Central Daylight Time, as applicable. "We", "Us", or "Our" refers to Inland Bank and Trust, which offers the Services and which holds the accounts accessed by the Services. "Business Day" is any calendar day other than Saturday, Sunday, or any holidays Inland Bank and Trust chooses to remain closed. Bill payments are processed on all Business Days that the Federal Reserve Bank is operating and open for business. Access to Internet Banking You will gain access to your Online Accounts through the use of your Internet-enable device, your Internet Service Provider, your Access ID and your Password. Inland Bank and Trust Internet Banking consists of an On-line banking web site that provides a complete array of financial services. These services currently include the following: Internet Banking Services Online Banking Services:
Optional Bill Payment Services:
Additional services may be available for Online Banking from time to time. By using these services when they are available, you agree to be bound by the rules made available to you concerning these services. Hours of Operation Inland Bank and Trust Internet Banking is available 24 hours a day, seven days-a-week, except during special maintenance periods, which generally are scheduled between 11:00 p.m. Sunday and 4:00 a.m. Monday morning, For purposes of transactions, Inland Bank and Trust's Business Days are Monday through Friday, excluding holidays as observed by Inland Bank and Trust. All On-line Banking Service transactions executed after 4:00 p.m. on business days, and all transactions, which are requested on Saturdays, Sundays, or holidays on which Inland Bank and Trust chooses to remain closed, will be processed on the next Inland Bank and Trust Business Day. Our Business Day begins at 8:30 a.m. Your Security Password You agree not to allow anyone to gain access to the On-line Banking Services or to let anyone know your Password used with the On-line Banking Services. To help prevent unauthorized access and ensure the security of your accounts, your on-line session may end if there is no activity. This could protect you in case you accidentally leave your computer unattended after you logged on. When you return to your computer, you may be prompted to re-enter your password and your session will continue where you left off. In any event you agree to assume responsibility for all transactions accessed through your account up to the limits allowed by applicable law. Lost or Stolen Password If your Password has been lost or stolen, call Inland Bank and Trust immediately at 708-562-2200 between 8:30 a.m. and 5:00 p.m. or Saturday between 8:30a.m. and 1:00p.m. (Central Time). Telephoning is the best way of minimizing your losses. If you believe your Password has been stolen or lost and you telephone or write us within two Business Days after you learn of the loss or theft, you can lose no more than $50.00 if someone uses your Password without your permission. If you do NOT telephone or write us within two business days after you learn of the loss or write us within two business days after you learn of the loss or theft of your Password, and we can prove that we could have stopped someone from using your Password without your permission if you had told us, you could lose as much as $500.00. If your statement or your computer shows unauthorized transfers that you did not make, notify us at once. If you do not tell us within sixty-days (60) after the statement was mailed to you or viewed on your computer and we can prove that we could have stopped someone from taking the money if we had been told, you may not get back any money from us. (If a good reason such as a long trip or a hospital stay kept you from telling us, we may extend the time periods to a reasonable time.) Accounts You may request access to any account for which are a signer or owner. If you desire On-line Banking Services that allow you to initiate payments or transfers from any account, you will need the required withdrawal authority over the account to be able to complete the transaction. By using the On-line Banking Services, you agree to maintain one or more accounts with us and to keep sufficient balances in any account to cover any transaction and fees that are ultimately approved by or related to the On-line Banking Services. If the accounts added to the On-line Banking Services are jointly held or have multiple signers, you agree that access to the information and all transactions initiated by the use of your Access Code and Password are authorized unless we have been notified to cancel the On-line Banking Service. Internet Banking Fees Inland Bank and Trust offers the benefits and convenience of the On-line Banking Service or Bill Payment Services to you free of charge. Account research and stop payment charges are assessed at the rates published in Inland Bank and Trust's Schedule of Service Fees.
These fees are subject to change Inland Bank and Trust will notify you regarding any fee changes at least thirty (30) days in advance of the effective date of these changes. Cancellation of Internet Banking Inland Bank and Trust may cancel your On-line Banking Service at any time in whole or part without prior notice (due to insufficient funds in one of your accounts or other circumstances that may create an unanticipated liability to us.) You will remain responsible for all transactions executed by the system prior to the cancellation, and for any other fees associated with the On-line Banking Service. Balance Inquiries, Bill Payments and Transfer Limitations You may use the On-line Banking Services to check the balance on your accounts and to transfer funds among your accounts. Current Federal regulations may restrict transactions on specific accounts. Currently, you may not make more than six (6) pre-authorized or automatic transfers or bill payments from your Money Market Deposit Account or Savings Account during a given monthly statement period. There are no restrictions to the number of transfers or bill payments from your Checking Accounts. Inland Bank and Trust currently limits the bill payment service only to checking accounts. Information about Stop Payment requests Stop payment request received from the On-line Banking Service will be processed within one Business Day using the procedures that would handle similar requests received by mail or fax. If urgent action is required, contact Inland Bank and Trust directly by telephone or in person. Additional disclosures and fees may apply on stop payment service and these terms will be disclosed at the time you complete the request. The stop payment feature is designed to submit a request to stop payment on checks or electronic drafts. This service is not available to cancel the payments scheduled through the bill payment service. If you need to cancel a bill payment or have a problem with bill payment, you will need to contact Inland Bank and Trust by telephone or in person. Bill Payment Service The Bill Payment Service permits you to direct payments from your designated account at Inland Bank and Trust to third parties you wish to pay. If you choose to utilize this service, you may begin initiating payments following receipt of your Online User ID and Password. Only a Inland Bank checking account can be used with the Bill Payment Service. You can pay bills to business, merchant or professional entities that generate a bill or invoice for products and services provided to you on your behalf and have an address we can verify. The Payment Initiation Date is the date you enter into Online Banking when setting up a bill payment. The system will allow you to do Single Payments—a payment to be made to a payee once, or Recurring Payments—payments of fixed amounts to a single payee at recurring intervals (i.e., weekly, semi monthly, monthly, quarterly, semi-annually, or annually). All payments you make will be deducted from the account on the Payment Initiation Date. All payments will be payable in U.S. Dollars to a payee located in the continental United States. Maximum payment allowed to one payee is $9,999.99. We reserve the right to restrict types of payees to whom payments may be made using the Bill If your account does not have sufficient available funds to make a payment on the Payment Initiation Date, the payment will be cancelled and no further attempt will be made by Inland Bank and Trust to make the transfer or payment. Inland Bank and Trust will attempt to notify you by telephone, mail or e-mail, but Inland Bank and Trust shall have no obligation or liability if it does not complete a transfer or payment because there are insufficient available funds in your account to process a transaction. In all cases, you are responsible for either making alternate arrangements for the payment or rescheduling the payment through the Bill Payment Service. In the case of Recurring Payments, only the payment currently scheduled will be canceled. Recurring Payments scheduled for future dates will not be affected. You must schedule the Payment Initiation Date at least five (5) business days before any Payment Due Date (that is, the due date shown on your invoice or provided in your agreement with the payee, not taking into account any applicable grace period). If you do not, you will be fully responsible for all late fees, finance charges or other action taken by the payee. Inland Bank and Trust has determined that the end of the business day is 2:00 pm Central Standard Time for payments or transfers for current day transactions. For all entries made using the system, the time is recorded by the On-line Banking service reports. Any request after the end of business day may be considered received the following business day. If you need to cancel or change a payment after it is issued and we agree to do so we will charge a stop payment fee to stop the bill payment. Stop payment requests for Bill Payment Services received by fax or by e-mail are considered to be oral stop payment requests and will be in effect for fourteen days (14). Once Inland Bank and Trust receives written confirmation from you, the stop payment will be in effect for six months. After six months the stop payment will terminate and you must renew this request to remain in effect. Inland Bank and Trust may pay any item that is presented following the lapse of any stop payment order. Inland Bank and Trust is only responsible for exercising ordinary care in processing and sending payments in accordance with this Agreement. Inland Bank and Trust will not be liable if any of the following occurs:
There may be other exceptions stated in this agreement and in other agreements with you. In no event shall we be liable for damages in excess of your actual loss due to our failure to complete a transfer, and we will not be liable for any incidental or monetary damages. If any of the circumstances listed above shall occur, we shall assist you with reasonable efforts in taking appropriate corrective action to reprocess the transactions that may have been completed or to correct incorrect transactions that have been processed. Bill Payment Guarantee We will reimburse you up to $50.00 per payment for any late payment fees or penalties you are charged as a result of the Payee/ Vendor not receiving a payment by the Due Date if all the following apply:
Notice of your rights and Liabilities Notify us at once if your User I.D. and Password has been lost, stolen or used without your consent. Failure to notify us immediately could result in the loss of all your funds accessible by your Password. Telephoning us at the number listed below in the Errors and Questions section is the best way of limiting your possible loss. You could lose all the money in your account (plus your maximum overdraft line of credit, if you have one). If we are notified within two (2) business days after you discover that your User I.D. and Password has been compromised, lost or stolen, you can lose no more than $50.00 if someone used it without your permission. If you do not notify us within two (2) business days, and we can prove we could have prevented someone from using the User I.D. and Password without your permission, you could lose as much as $500.00. If your statement or your computer shows unauthorized transfers that you did not make, notify us at once. If you do not tell us within sixty-days (60) after the statement was mailed to you or viewed on your computer and we can prove that we could have stopped someone from taking the money if we had been told, you may not get back any money from us. (If a good reason such as a long trip or a hospital stay kept you from telling us, we may extend the time periods to a reasonable time.) Errors and Questions In case of errors or questions concerning transactions completed with Online Banking services, call Inland Bank and Trust at 847-726-2265 or write to us at: Inland Bank and Trust You may also e-mail errors or questions to: We must hear from you within sixty days (60) after you receive the first statement or notification in which an error or problem has occurred. We will need to know your name, account number, a description of the error or the transfer in question, and an explanation concerning why you believe it is an error or need more information. We will also need the dollar amount of the suspected error and the date on which it occurred. If your request is made orally, we may require that you send the complaint or question in writing within ten (10) business days from your initial contact, (twenty business days (20) if the transaction involved a new account). We will notify you with the results of the investigation within ten (10) business days and will correct any error promptly. If more time is needed, however, we may, at our sole discretion, take up to forty- five (45) days to investigate a complaint or question, (Ninety business days (90) if the transaction involved a new account). If this occurs, we will give you a provisional credit to your account within ten (10) business days for the amount you think is in error, (twenty business days (20) if the transaction involved a new account). Your account is considered a new account for the first 30 days after the first deposit is made, unless each of you already has an established account with us before the account is opened. If we decide there was no error, we will furnish you a written explanation within three (3) business days after the investigation is complete. Limit of Inland Bank and Trust and other Providers Responsibility Inland Bank and Trust agrees to make reasonable efforts to ensure full performance of Online Banking. Inland Bank and Trust will be responsible for acting only on those instructions sent through Online Banking, which are actually received, and cannot assume responsibility for malfunctions in communication facilities not under our control, which may affect the accuracy or timeliness of messages you send. Inland Bank and Trust is not responsible for any losses should you give incorrect instructions or if your payment instructions are not given sufficiently in advance to allow for timely payment or delays in mail service. Any information you receive from Inland Bank and Trust, is believed to be reliable. However, it can only be provided on a best- efforts basis for your convenience and is not guaranteed. Inland Bank and Trust is not liable for any deficiencies in the accuracy, completeness, availability, or timeliness of such information, or for any investment or other decision made using this information. Inland Bank and Trust is not responsible for any electronic virus or viruses that you may encounter. You are responsible for obtaining, installing, maintaining, and operating all computer hardware and software necessary for performing Online Banking. Inland Bank and Trust will not be responsible for any errors or failures from the malfunction of your hardware or software. The limit of Inland Bank and Trust's liability shall be as expressly set forth herein. Under no circumstances will Inland Bank and Trust be liable in contract or otherwise for any special, incidental, or consequential damages, whether or not foreseeable. By consenting to use the Services, you agree to waive any and all right as aforesaid, and you acknowledge that the limit of your remedy is as otherwise expressly set forth herein. Inland Bank and Trust's Responsibility Inland Bank and Trust will be responsible for your actual losses if they were directly caused by our failure to:
However, we will not be responsible for your losses if:
There may be other exceptions stated in this agreement and in other agreements with you. In no event shall we be liable for damages in excess of your actual monetary loss due to our failure to complete a transfer, and we will not be liable for any incidental or monetary damages. If any of the circumstances listed above shall occur, we shall assist you with reasonable efforts in taking appropriate corrective action to reprocess the transactions that may not have been completed or to correct incorrect transactions that have been processed. Electronic Mail If you send Inland Bank and Trust an electronic mail message, Inland Bank and Trust will be deemed to have received it in the following business day. Inland Bank and Trust will have a reasonable time to act on your e-mail. You should not rely on electronic mail if you need to communicate with Inland Bank and Trust immediately. You agree that Inland Bank and Trust may respond to you be electronic mail with regard to any matter related to the Internet Banking Service. Any such electronic mail sent to you by Inland Bank and Trust shall be considered received within three (3) days of the date sent by Inland Bank and Trust, regardless of whether or not you sign on to the Internet within that time frame. Other Agreements This agreement shall apply to you, your heirs, and successors. In addition to this Agreement, you and Inland Bank and Trust agree to be bound by and comply with the requirements of the agreement applicable to each of your Online Accounts. Your use of the On-line Banking Service is your acknowledgement that you have received these agreements and intend to be bound by them. You should review other disclosures received by you when you opened the account at Inland Bank and Trust, including charges that may be imposed for electronic funds transfers or the right to make transfers listed in the fee schedule section. We will automatically deduct any fees related to Internet Banking from your account monthly as disclosed in Inland Bank and Trust's Service Fee Schedule. The agreement is governed under the laws of the State of Illinois, you and Inland Bank and Trust consent to the personal jurisdiction of the Federal and State courts in the State of Illinois in any action or proceedings brought in connection with this agreement. Modifications to this Agreement Inland Bank and Trust may modify the terms and conditions applicable to either service from time to time upon mailing or delivering a notice of the modifications to you at the address shown on our account records, and the revised terms and conditions shall be effective at the earliest date allowed by applicable law. We may send any notice to you via electronic mail and you will have been deemed to have received it three (3) days after it is sent. We reserve the right to terminate this Agreement and your use of On-line Banking Services in whole or in part at any time without prior notice. Disclosure of information to third parties We will disclosure information to third parties about your account or the transfers you make:
Inactivity / Termination You are responsible at all times for complying with all the terms of this agreement and with the terms of the agreement governing the deposit accounts which you access using electronic banking services. We can terminate your On-line Banking Service at any time without notice if you fail to pay any fee required by this agreement when due, if you do not comply with the agreement governing your deposit or loan accounts, or your accounts are not maintained in good standing. We will notify you if we terminate this agreement or your use of the services for any other reason. We reserve the right to convert your account to inactive status if you do not sign on to the On-line Banking Service or have any transaction scheduled through the On-line Banking Service during any consecutive ninety- day (90) period. If your account is considered inactive, you must contact us to have the On-line Banking Service activated before you will be able to schedule any transaction through the On-line Banking Service. To cancel On-line Banking or Bill Payment, you must notify Inland Bank and Trust and provide your name, address, and account number. You must indicate which service you are canceling and the effective date to stop the service. When Bill Payment is terminated, any pre- scheduled bill payments will also be cancelled. Customers will be bound by the provisions of the Automated Clearing House rules. You may notify Inland Bank and Trust by one of the following methods:
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