Electronic Funds

If you do NOT tell us within two (2) business days after you learn of the loss or theft of your card, and we can prove we could have stopped someone from using your card without your permission if you had told us, you could lose as much as $500.

Also, if your statement shows transactions that you did not authorize, 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 hospital stay kept you from telling us, we will extend the time periods.

2. If you permit or authorize another person(s) to use your card and PIN, you will be liable for any transactions that person initiates.

3. Our business days are Monday thru Friday. Major holidays not included.

4. You may use your card to (a) Withdraw cash from your Checking or, if you have one, your Statement Savings account; (b) Deposit funds to your Checking, or if you have one, your Statement Savings account; (c) Transfer funds between your Checking and your Statement Savings account; (d) Determine the balance in your Checking, or if you have one, your Statement Savings account; (e) Pay for purchases from your Checking account at places that have agreed to accept the card; (f) Pay bills directly by phone or through the Internet from your Checking account in the amounts and on the days you request.

Fund Transfers. (a) Payments. You can arrange to pay certain bills directly from your checking account. These payments may be made by using your card at a merchant location, by authorizing a payee to debit your account on a regular basis, or by making a payment by a check which is converted to electronic format. (b) Direct Deposits. You can arrange to receive certain automatic deposits from other persons (for example, Social Security payments or payroll payments) to your checking, savings account(s). (c) Community State Bank Internal Transfers. (d) You can arrange to transfer funds between your checking and savings accounts.

Your right to stop payment and procedures for doing so. If you have told us in advance to make regular payments out of your account(s), you can stop any of these payments. Here’s how: call us at (262) 878-3763 or write us at Community State Bank, 1500 Main Street, Union Grove, WI 53182, in time for us to receive your request three (3) business days or more before the payment is scheduled to be made. Give us your name and account number, the name of the person receiving the payment, the amount of the payment and the date on which it was scheduled to be made. If you call, we will require you to put your request in writing and get it to us within 14 days after your call. You may be charged a stop payment fee of $15 to process your stop payment request.

Notice of varying amounts. If these regular payments vary in amount, the person you are going to pay will tell you ten (10) days before each payment, when it will be made and how much it will be.

Our liability for failure to stop payment of preauthorized transactions. If you order us to stop one of these payments three (3) business days or more before the transfer is scheduled, and we do not do so, we will be liable for your actual losses and damages proved.

Point-of Sale (POS) Transactions. You can pay for purchases at businesses displaying the TYME®, Shazam®, Cirrus® or VISA® logo that have agreed to accept the card.
Limitations on Transactions. You are limited in the number of transactions which may be initiated during one calendar day to a total of fifteen (15).

Dollar Limits. You may withdraw up to $350.00 per day (if available in your account) from an ATM. You may use your Community Check Card to buy up to $350.00 worth of goods or services per day for POS transactions (if the funds are available in your account) from merchants who accept the card. These transactions require your PIN. Other merchant transactions made with a VISA Check Card may be made up to the available in your checking account without your PIN. Some restrictions may apply. Savings Accounts may not be used for check card transactions at merchant locations.

5. Community State Bank will charge $0.50 for each ATM (Automatic Teller Machine) withdrawal, inquiry, or transfer, at a non-Community State Bank terminal in Wisconsin. There will be $1.00 charge for each transaction made at a terminal outside of Wisconsin. Fees will be charged to your checking account if it is linked for ATM access. A fee (surcharge) may be imposed by an ATM operator not holding the consumer’s account, or by any national, regional, or local network used to complete the transaction.

There will be a charge of $5.00 per card for the replacement or reissuance of the card, except in the situations involving machine malfunctions or normal deterioration of the plastic card. A Handling Charge of $5.00 will be assessed for each item deposited through an ATM that is returned unpaid. These fees and charges are established by Community State Bank and are subject to change. Community State Bank may amend this disclosure if at some point in the future it determines to charge for other electronic fund transfer items.

6. You shall receive a receipt at the time you initiate an electronic fund transfer at a terminal. You shall receive a monthly account statement unless there are no transactions that particular month. In any case, you shall receive a statement at least quarterly.

7. In case of errors or questions about your electronic transfers, telephone us at (262) 878-3763 or write to us at 1500 Main Street, Union Grove, WI 53182 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 sixty (60) days after we sent you the FIRST statement on which the problem or error appeared. (1) Tell us your name and Community State Bank account number, (2) Describe the error and 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 ten (10) business days.

We will tell you the results of our investigation within ten (10) business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to forty-five (45) days to investigate your complaint or question. If we decide to do this, we will recredit your account within ten (10) business days for the amount you think it is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within ten (10) business days, we may not recredit your account.

(Note: If your complaint or question involves an electronic fund transfer resulting from the use of a Community State Bank plastic card in a point-of-sale transaction, or at a place outside the United States, then the 10-day period will be extended to 20 business days, and the 45-day investigation will be extended to 90 days.)

If we decide there was no error, we will send you a written notice three (3) business days after we finish our investigation. You may ask for copies of the documents that we used in our investigation.

8. If we do not complete the transfer to or from your account on time or in the correct amount according to the agreement with you, we will be liable for your losses and damages. However, there are some exceptions. We will not be liable for instance; (a) if, through no fault of ours, you do not have enough money in your account to make the transfer; (b) if the transfer would go over the credit limit on your overdraft line; (c) if the automated teller machine where you are making the transfer does not have enough cash; (d) if the automated teller machine, point-of-sale terminal or system was not working properly and you knew about the breakdown before you started the transfer; (e) if circumstances beyond our control ( such as fire or flood) prevent the transfer despite reasonable precautions we have taken, (f) if your PIN or card was reported lost/stolen, (g) there may be other exceptions, stated in our agreement with you.

9. Community State Bank will disclose information to third parties about your account or the transfers you make: (a) where it is necessary for completing transfers; or (b) in order to verify existence and condition of your account for a third party, such as a credit bureau or merchant; or (c) in order to comply with government agency or court orders; or (d) if you gave us written permission.

10. You may use your card only in accordance with the terms, conditions, and agreements applicable as amended from time to time to accounts for which the card was issued. All uses of Automated Teller Machines shall be subject to verification and entry by us on actual records within such time as may be necessary for making entries.

Rev. 11/1/04