Deposit Account Disclosures

1000 E. Main St. | P.O. Box 119

Lebanon, OH 45036

Phone: (513) 932-3221| (888) 932-3221 Fax: (513) 932-7119

TO OUR CUSTOMERS:

We have prepared this document for your information. It contains disclosures required by federal regulations regarding:
Electronic Fund TransfersFunds AvailabilityPrivacy PolicySubstitute ChecksFee ScheduleAccount & Services Schedule

These regulations concern the terms of our electronic banking services, the availability of deposits you make, the protection of your personal information, and important information regarding substitute checks. Additional terms and conditions for bank services are discussed in the section on Truth-in-Savings. We recommend that you review this document and that you retain it for future reference.

ATM CARD, DEBIT CARD, & ELECTRONIC FUND TRANSFERS DISCLOSURES

Unauthorized Charges. Tell us AT ONCE if you believe your 1st National Bank Debit Card or ATM Card (“Card”) or Personal Identification Number (“PIN”) 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 the time allotted in the Account & Services Schedule after you learn of the loss or theft of your Card or PIN, you can lose no more the amount stated in that same schedule.

If you do NOT timely tell us after you learn of the loss or theft of your Card or PIN, and we can prove we could have stopped someone from using your Card or PIN without your permission if you had told us, you could lose up to the amount stated in the Account & Services Schedule.

Also, if your statement shows transfers that you did not make, including those made by card, code or other means, tell us at once. As provided in the Accounts & Services Schedule, if you do not timely tell us after the statement was sent to you, you may not get back any money.

If you believe your Card or PIN has been lost or stolen, call: (513) 932-3221 or (888) 932-3221 or write: Customer Service Department, 1st National Bank, P.O. Box 119, Lebanon, OH 45036, or email customerservice@bankwith1st.com.

You should also call the number or write to the address listed above if you believe a transfer has been made using the information from your account without your permission.

Business Days. For purposes of these disclosures, our business days are Monday through Friday. Federal holidays are not included.

Account Access. You may use your Card or PIN to (a) withdraw cash from your checking or savings account, (b) make deposits to your checking or savings account, (c) transfer funds between your checking and savings account whenever you request, and (d) pay for purchases at places that have agreed to accept the Card or PIN. Some of these services may not be available at all terminals.

Electronic Check Conversion. You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to (a) pay for purchases, or (b) pay bills.

Limitations on Frequency of Transfers. You may make any number of cash withdrawals from our terminals each day. You can use our point-of-sale transfer service for any number of transactions each day.

Limitations of Dollar Amounts of Transfers. See Account & Services Limitation Schedule.

Per Transfer Charge. There is no charge for transfers you make using our automated teller machines (“ATM”), 1st OnCall, or point-of-sale transfer service.

Fixed Charge. There is no fixed charge for services through our ATMs, 1st OnCall, or point-of-sale transfer service.

Confidentiality. We will disclose information to third parties about your account or the transfers you make (a) where it is necessary for completing of transfers, or (b) in order to verify the 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 give us written permission.

Terminal Transfers. You can get a receipt at the time you make any transfer to or from your account using one of our ATMs or point-of-sale terminals.

Preauthorized Credits. If you have arranged to have direct deposits made to your account at least once every sixty (60) days from the same person or company, you can call us at (513) 932-3221 or (888) 932-3221 to find out whether the deposit was made.

Internet Banking and Mobile Banking Transfers. You may initiate electronic fund transfers through our Online/Mobile banking platform. There is no limit to the frequency or dollar amount of Online/Mobile banking internal transfers, although, some accounts have specific limitations on electronic transfers that could incur a maintenance fee, see Fee Schedule. See Account & Services Schedule for more external transfer daily limits.

Zelle®. You may initiate or receive electronic fund transfers through Zelle®. Refer to Account & Services Schedule for daily limits.

1st OnCall Transfers. You may conduct internal transfers between your accounts with us through the 1st On Call telephone banking platform. There is no limit to the frequency or dollar amount.

Periodic Statements. You will get a monthly account statement unless there are no transfers in a particular month, in which you will get the statement at least quarterly.

Right to Stop Payment. If you have told us in advance to make regular payments out of your account, you can stop any of these payments by request in writing on forms provided by us. To issue a stop payment, call us at (513) 932-3221 or (888) 932-3221, email us at customerservice@bankwith1st.com, or write us at Customer Service Department, 1st National Bank, P.O. Box 119, Lebanon, OH 45036 in time for us to receive your request three (3) 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 fourteen (14) days after you call. See Fee Schedule for fees related to stopping payments.

Notice of Varying Amounts. If regular payments may vary in amount, then ten (10) days before the payment the person you will pay will tell you when the payment will be made and payment amount.

Exceptions to Electronic Transfers. We will not be liable for failing to complete your electronic transfer if, (a) through no fault of ours, you have insufficient available funds in your account, (b) the transfer would go over the credit limit on your overdraft line, (c) the automated teller machine where you are making the transfer does not have enough cash, (d) 1st OnCall or the ATM was not working properly and you knew about the breakdown when you started the transfer, (e) circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken, (f) or other exceptions stated in our agreement with you.

QUESTIONS ABOUT YOUR ELECTRONIC TRANSFERS AND LOSS NOTIFICATIONS

Call the telephone number or write to the address shown at the beginning of this document 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. For non-business accounts, we must hear from you no later than sixty days after we send you the first statement or other notice on which the problem or error appeared. For business accounts, we must be notified within forty-eight hours of the transaction date. You must (a) tell us your name and account number, (b) 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, and (c) tell us the dollar amount of the suspected error.

If you tell us orally, we will require that you send us your complaint or question in writing within ten business days. We will determine whether an error occurred within ten business days after we receive your written notice. If we need more time, we may take up to forty-five days to investigate your complaint or question. We will provisionally credit your account within ten business days after we receive your written notice for the amount you think is in error so that you will have use of the funds during the investigation. If we do not receive your written notice within ten business days, we will not recredit your account.

For errors involving new accounts, point-of-sale, or foreign initiated transactions, we may take up to ninety days to investigate your complaint or questions. For new accounts we may take up to twenty business days to provisionally credit your account for the amount you think is in error.

We will tell you the results of our investigation within three business days of completion. If we decide there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our explanation.

CARD USE AGREEMENT

  1. The signing of an application and/or the request for the use of a Card shall indicate your assent to these terms and conditions and to any modification is mailed or otherwise delivered to you.
  2. In the event that you enter into an agreement with someone other than us to have direct deposits made into your account or to have automatic payments made from your account, we will not be obligated to you to accept such deposits or to make such payments and may at our option reject them unless we have received a pre-notification regarding such deposits or payments.
  3. Final credit of all deposits and payments made by you at a terminal is subject to verification by us of the actual amounts deposited and paid, including conversion rates for foreign currencies, notwithstanding the figure shown on the receipt you received at the time of deposit or payment. Funds from any deposit, cash or check, made by you at an ATM will not actually be made by us to the payee until verification of actual amounts paid, which, along with the time of transmittal to the payee, may take up to three business days.
  4. Certain types of deposits, including but not limited to checks that are not properly endorsed, cannot be accepted at our ATMs. We reserve the right to reject such deposits.
  5. Credit card cash advances from an ATM and other loans made to you as a result of transactions by you at an ATM, such as an advance from your overdraft line of credit if you have one, are repayable, together with all charges due on such advances or loans, as provided in the terms and conditions of your loan agreement as may be amended from time to time.
  6. Each Card issued by us remains our property, is not transferrable, and may be cancelled or revoked by us at any time without notice. In the event of cancellation or revocation, your Card must be surrendered to us upon demand. If you attempt to use your Card after it has been cancelled or revoked it may be retained. At our sole discretion, your Card may be retained.
  7. No electronic fund transfer may be made and no transaction that you attempt to initiate will be completed if your Card is damaged, has expired, has been cancelled, is revoked, or is retained for any reason, or your account has been closed.
  8. We reserve the right at any time and without notice, except as may be required by applicable law, to eliminate any or all of the services that currently are available to you by use of your Card or to add new services.
  9. To the extent applicable, the general terms and conditions governing your accounts with us also apply to your use of your Card and to any electronic fund transfers made from or to your accounts. These terms and conditions will control, however, in the event of any conflict between the rules and regulations governing your accounts and the provisions of these terms and conditions.
  10. These terms and conditions are subject to and governed by all applicable state and federal regulations and, from time to time, shall be deemed automatically amended to the extent necessary to comply therewith.

FUNDS AVAILABLILITY

Our general policy is to allow you to withdraw funds deposited in a transaction account on the first business day after the day we receive your deposit. Electronic deposits will be available on the same day as deposit or next business day. In some cases, we may delay your ability to withdraw funds beyond the first business day.

Determining Availability. For determining the availability of your deposits, a business day is a weekday excluding federal holidays. If you make a deposit before close of a business day, we will consider that day to be the day of your deposit. However, if you make a deposit after the close of a business day, we will consider the deposit to have been made on the next business day.

Same-Day Availability.

  • Cash: Deposited to a teller.
  • Electronic Payments: Direct deposits, ACH, and wire transfers.
  • Cashier’s/Certified Checks: Subject to special rules, generally up to next day.

 

Next-Day Availability. For check deposits, the first $275.00 of a day’s total deposits will be available on the first business day after the day of deposit. The remaining funds will generally be available on the second business day.

Longer Delays May Apply. Funds you deposit by check may be delayed for a longer period under the following circumstances:

  • We believe a check you deposit will not be paid.
  • You deposit checks totaling more than $6,725.00 on any one day.
  • You redeposit a check that has been returned unpaid.
  • You have overdrawn your account repeatedly in the last six months.
  • Funds from any deposits, cash or check, made at any ATMs we do not own or operate.
  • There is an emergency, such as failure of computer or communications equipment.

 

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available (usually within seven business days).

Special Rules for New Accounts. If you are a new customer, the following special rules will apply during the first thirty days your account is open.

Funds from electronic deposits to your account will be available on the day we receive the deposit. Funds from deposits of cash, wire transfers and the first $6,725.00 of a day’s total deposits of cashier’s, certified, state, federal, and local government checks will be available on the first business day of your deposit if the deposit meets certain conditions. For example, the checks must be made payable to you. The excess over $6,725.00 will be available on the sixth business day after the day of your deposit. If your deposit of these checks (other than U.S. Treasury check) is not made in person to one of our employees, the first $6,725.00 will not be available until the second day after the day of your deposit.

Funds from all other check deposits will generally be available no later than the sixth business day after the day of your deposit. However, we may delay the availability of your deposit for a longer period, and we will notify you if we delay your availability to withdraw funds.

TRUTH-IN-SAVINGS

A minimum deposit is required to open any checking or savings account. See Deposit Account Information for amount requirements.

Any indebtedness now or hereafter owing to us by a customer, either individually or jointly, may be charged to a deposit account in the name of the customer or others. You hereby grant a security interest in all accounts owned by you or others, regardless of contribution, for any debt owed by you to us.

We will mail statements to the address provided by you, or will email statements if so authorized to the email provided by you. You agree to carefully examine and reconcile statements. You agree that we will not be liable if you fail to exercise ordinary care in examining statements. You shall notify us of any errors, unauthorized items, forgeries, alterations or any other discrepancies within thirty days of mailing date of the statement. We will have no liability on such items if notification is not received. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we may extend the time period. You assume liability for any unauthorized signature by facsimile, digital or electronic signature, or stamp.

A fee will be imposed for overdrafts created by check, ACH, point-of-sale, ATM withdrawal, in person withdrawal, or by other electronic means. Transactions may not be processed in the order in which they occurred, and the order in which transactions are received and processed may impact the total amount of fees incurred.

The following features apply to savings and checking accounts that earn interest:

(a)We may change the interest rate and Annual Percentage Yield (APY) at any time. Interest rates and annual percentage yields are determined at our discretion.

(b) Interest will be compounded daily and credited quarterly for all savings accounts and interest will be compounded daily and credited monthly for all other accounts.

(c) We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

(d) Interest begins to accrue no later than the business day on which the bank receives the credit for non-cash deposits. If you close your account before interest is credited, you not will receive the accrued interest.

DORMANT ACCOUNTS

We consider a savings account to be dormant after twenty-four months and a checking account to be dormant after six months in which you have generated no activity. A fee will be assessed to your account on a monthly basis for the time period your account remains in a dormant status. Please refer to Fee Schedule for fee amount.

SUBSTITUTE CHECKS AND YOUR RIGHTS

What is a Substitute Check? To make check processing faster, federal law permits banks to replace original checks with “substitute checks.” These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of a substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use a substitute check as proof of payment just like the original check. Some or all of the checks that you receive back from us may be substitute checks. This notice describes rights you have when you receive substitute checks from us. The rights in this notice do not apply to original checks or to electronic debits to your account. However, you have rights under other laws with respect to those transactions.

What Are My Rights Regarding Substitute Checks? In certain cases, federal law provides a special procedure that allows you to request a refund for losses you suffer if a substitute check is posted to your account. The amount of your refund under this procedure is limited to the amount of your loss or the amount of the substitute check, whichever is less. You also are entitled to the interest on the amount of your refund if your account is an interest-bearing account. If your loss exceeds the amount of the substitute check, you may be able to recover additional amounts under other law. If you use this procedure, you may receive up to $2,500.00 of your refund, plus interest if your account earns interest, within ten business days after we received your claim and the remainder of your refund, plus interest if your account earns interest, no later than forty-five calendar days after we received your claim. We may reverse the refund, including any interest on the refund, if we later are able to demonstrate that the substitute check was correctly posted to your account.

How Do I Make a Claim for a Refund? If you believe that you have suffered a loss relating to a substitute check that you received and that was posted to your account, please contact us at: (513) 932-3221 or (888) 932-3221, email customerservice@bankwith1st.com,  or write: Customer Service Department, 1st National Bank, P.O. Box 119, Lebanon, OH 45036. You must contact us within forty calendar days of the date that we mailed (or otherwise delivered by a means to which you agreed) the substitute check in question or the account statement showing that the substitute check was posted on your account, whichever is later. We will extend this time period if you were not able to make a timely claim because of extraordinary circumstances. Your claim must include (a) a description of why you have suffered a loss, for example, you think the amount withdrawn was incorrect, (b) an estimate of the amount of your loss, (c) an explanation of why the substitute check you received is insufficient to confirm that you suffered a loss, and (d) a copy of the substitute check or give us information to help us identify the substitute check.

Privacy Statement

WHAT DOES 1st National Bank DO WITH YOUR PERSONAL INFORMATION?

Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Social Security number and Income
  • Account balances and Payment history
  • Credit history and Credit scores

When you are no longer our customer, we continue to share your information as described in this notice.

How?

All financial companies need to share Customers personal information to run their everyday business. In the section below, we list the reasons financial companies can share their Customers personal information; the reasons 1st National Bank chooses to share; and whether you can limit this sharing.

Reasons we can share your personal informationDoes 1st National Bank Share?Can you limit sharing?
For our everyday business purposes– such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.YesNo
For our marketing purposes– to offer our products and services to you.YesNo
For joint marketing with other companies.NoWe Do Not Share
For our affiliates’ everyday business purposes– information about your transactions and experiences.NoWe Do Not Share
For our affiliates’ everyday business purposes– information about your creditworthiness.NoWe Do Not Share
For non-affiliates to market to you.NoWe Do Not Share

Questions? Call (513) 932-3221 or go to www.bankwith1st.com

Who are we

Who is providing this notice? 1st National Bank

What we do

How does 1st National Bank protect my personal information?To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does 1st National Bank collect my personal information?We collect your personal information, for example, when you
  • Open an Account or Deposit Money
    		•
  • Pay your bills or Apply for Loan
    		•
  • Use your credit or debit card
    		•
    We also collect your personal information from others, such as credit bureaus, affiliates, or other companies
    Why can’t I limit all sharing?Federal law gives you the right to limit only
    • sharing for affiliates’ everyday business purposes – information about your creditworthiness
      		•
    • affiliates from using your information to market to you
      		•
    • sharing for nonaffiliates to market to you.


      • State laws and individual companies may give you additional rights to limit sharing.

      Definitions

      AffiliatesCompanies related by common ownership or control. They can be financial and nonfinancial companies.
      • 1st National Bank has no affiliates.

        		•
        NonaffiliatesCompanies not related by common ownership or control. They can be financial and nonfinancial companies.
        • 1st National Bank does not share with nonaffiliates so they can market to you.

          		•
          Joint marketingA formal agreement between nonaffiliated financial companies that together market financial products or services to you .
          • 1st National Bank does not jointly market.

            		•

            1st National Bank Lebanon – Mobile App Privacy Policy

            To read our 1st National Bank Lebanon Mobile App Privacy Policy, click here.

            Privacy Policy – No Affiliate or opt out questions? Call (513) 932-3221 or go to www.bankwith1st.com

             

            Fee Schedule

            Personal Account closed within six months$50.00
            Business Account closed within six months$100.00
            Collection activities$25.00
            Continuous daily overdraft$10.00
            Copy of checks, 1098s, 1099s$2.00
            Copy of interim statement$2.00
            Copy of previous statement$5.00
            Copy of Statement on USB drive$20.00
            Debit Card dispute denied fee$25.00
            Deposited items returned$15.00
            Dormant account charge per month$5.00
            NSF Item/Overdraft fee Paid*Secure Checking$36.00
            All Other Checking Accounts$38.00
            NSF Item/Overdraft fee Ret*Secure Checking$40.00
            All Other Checking Accounts$42.00
            Reconciliation and research (per hour)$25.00
            Stop Payment Paid/ReturnedSecure Checking$36.00
            All Other Checking Accounts$38.00
            Sweep fee$7.50
            Telephone transfer$5.00
            Money Orders$2.00
            Cashier's Check$7.50
            Wire transfer - incoming$20.00
            Wire transfer - outgoing$30.00
            Wire transfer - international$55.00
            Statement undeliverable$5.00
            Garnishment or levy$80.00
            IRA or HSA rollover to another bank$25.00
            Reissue ATM/Debit Card$7.50
            ATM Fees1st National BankNo Charge
            Other ATM$3.00

            Fees could reduce earnings on your account.

            *This fee may apply even when the bank pays an item drawn against insufficient funds, whether created by check, in-person withdrawal, ATM withdrawal, or other electronic means. Overdrafts include accounts overdrawn and charges presented against uncollected funds. Fees for overdrafts will be charged per item or represented item and will be limited to five items each business day.

            DEPOSIT ACCOUNT INFORMATION

            Checking Account Information

            Personal Checking AccountBusiness Checking Accounts
            Secure Checking1st CheckingSecond Chance CheckingSimple, Student5& Senior CheckingSimple Business CheckingBusiness Interest CheckingBusiness CheckingNon-Profit Checking
            Minimum Opening Deposit$5.00$5.00$5.00$5.00$5.00$5.00$5.00$5.00
            Debit CardYesYesStarting at 90 Days6YesYesYesYesYes
            Account Earns InterestYes1Yes1Yes1NoNoYes1NoNo
            Monthly Maintenance Fee$6.95$5.002$6.95None$5.002$15.00$15.00$5.00
            Paper Statement Fee$5.003$5.003$5.003$5.003$5.003$5.003$5.003$5.003

            Savings Account Information

            Simple SavingsMoney Market SavingsCertificate of Deposit (CD)Health Savings Account (HSA)
            Minimum Opening Deposit$5.00$5.00$1,000.00$5.00
            Debit CardNoNoNoYes
            Withdrawals/TransfersSix Per MonthSix Per MonthNoneUnlimited
            Account Earns InterestYes1Yes1Yes1Yes1
            Monthly Maintenance Fee$5.002$15.004N/AN/A
            Paper Statement Fee$3.003$3.003$0.00$3.003

            1Interest varies and may require a minimum monthly balance. 2Maintain minimum balance of $500.00 to waive monthly maintenance fee. 3 Paper statement fee waived if enrolled in eStatements. 4Monthly fee assesses if balance falls below $2,500.00. 5E-statements only. 6 Minimum opening deposit of $50.00 to order debit card or checks.

            Account & Services Schedule

            AmountFrequency
            LossesUnauthorized use of lost/stolen card or PIN - notified bank within two business days loss limited to$50.00Per occurence
            Unauthorized use of lost/stolen card or PIN - NOT notified bank within two business days loss limited to$500.00Per occurence
            Unauthorized transfer shown on statement - NOT notified within sixty days after statement mailed to youFull amountPer occurence
            Withdrawal/Transfer LimitsPersonalChecking Withdrawal/Transfer LimitsSecure CheckingUnlimitedMonthly
            1st CheckingUnlimitedMonthly
            Simple CheckingUnlimitedMonthly
            Student CheckingUnlimitedMonthly
            Senior CheckingUnlimitedMonthly
            Second Chance CheckingUnlimitedMonthly
            Health Savings Account (HSA) CheckingUnlimitedMonthly
            Savings Withdrawal/Transfer LimitsSimple Savings6Monthly
            Money Market Savings6Monthly
            Health Savings Account (HSA) SavingsUnlimitedMonthly
            Certificate of Deposit (CD)N/AN/A
            BusinessChecking Withdrawal/Transfer LimitsSimple Business Checking100 no charge*Monthly
            Business Interest Checking200 no charge*Monthly
            Business Checking200 no charge*Monthly
            Non-Profit200 no charge*Monthly
            Digital BankingZelle® transfer limit$1,000.00Daily
            Online/Mobile Banking external transfer limit$2,500.00Daily
            CardsATM withdraw limit$310.00Daily
            Point-of-sale purchase or transfer$2,500.00Daily

            *$0.20 per item after limit