Sawyer Savings Bank

Access Agreement

Please read the Access Agreement below.

When finished, click on the 'Agree' button at the bottom to sign up for @Home Banking.

eCommerce Banker

Online Banking
Access Agreement

I. Introduction

II. Accessing Your Sawyer Savings Bank Accounts through Online Banking
A. Requirements
B. Electronic Mail (E-mail)
C. Fees
D. New Services
E. Benefits of Using Online Banking

III. Terms and Conditions
A. Your Online Password
B. Payment Account
C. Our Liability
D. Overdrafts: Order of Payments, Transfers, Other Withdrawals
E. Hours of Accessibility
F. Additional Terms and Conditions

IV. General Terms
A. Changes to Charges, Fees or Other Terms
B. Disclosure of Account Information
C. Questions or Error Correction on @Home Banking Transactions
D. Other General Terms

V. Protecting Your Account
A. Preventing Misuse of Your Account
B. Unauthorized Transactions in Your Sawyer Savings Bank Accounts

I. Introduction

This Online Access Agreement ("Access Agreement") for accessing your Sawyer Savings Bank accounts through Online Banking explains the terms and conditions governing the Online banking services and bill pay offered through Online Banking. By using the Online Banking Services, you agree to the terms and conditions of this Access Agreement. This Online Access Agreement will be governed by and interpreted in accordance with Federal law and regulation, and to the extent there is no applicable Federal law or regulation, by the laws of the State of New York. The terms "we," "us," "our," "Sawyer Savings Bank," and "Bank" refer to Sawyer Savings Bank. "You" refers to each signer on an account. The term "business days" means Monday through Friday, excluding Saturday, Sunday and Federal holidays.

Online Banking can be used to access Sawyer Savings Bank accounts. Each of your accounts at Sawyer Savings Bank is also governed by the applicable account disclosure statement ("Deposit Agreement and Disclosure").

II. Accessing Your Sawyer Savings Bank Accounts through Online Banking

A. Requirements

To access your accounts through Online Banking, you must have a Sawyer Savings Bank account and an Online password.

A business must be operating under a tax payer identification number which may be the owner's Social Security Number or Employer Identification Number to have access to these accounts.

B. Electronic Mail (E-mail)

Sending electronic mail (E-mail) through Online Banking is a way to communicate with the Bank. E-mail is provided for you to ask questions about your account(s) and provide general feedback. E-mail is accessible after you sign on with your password to a session of Online Banking. To ensure the security of your account information, we recommend that you use E-mail when asking specific questions about your account(s).

You cannot use E-mail to initiate transactions on your account(s). For banking transactions, please use the appropriate functions within Online Banking or call 1-888-SSB-1871.

C. Fees

There are no monthly or transaction fees for accessing your account(s) through Online Banking. Please click the below link for Bill Pay specific terms and conditions

https://cw411-cert.checkfreeweb.com/cw411/wps?rq=vtc&sp=18036

Please note that fees may be assessed by your Online service provider.

D. New Services

Sawyer Savings Bank may, from time to time, introduce new Online services. We will notify you of any new services. By using these services when they become available, you agree to be bound by the rules communicated to you concerning these services.

E. Benefits of Using Online Banking

With Online Banking, you can manage your personal or small business accounts from your home or office on your personal computer. You can use Online Banking to:

View account balances and review transaction history.

Transfer money between accounts. (As noted in the applicable account Deposit Agreement and Disclosure Statement).

Pay bills to any merchant, institution or individual.

Communicate directly with Sawyer Savings Bank through E-mail.

III. Terms and Conditions

The first time you access your Sawyer Savings Bank accounts through Online Banking you agree to be bound by all the terms and conditions of this Agreement and acknowledge your receipt and understanding of this disclosure.

A. Your Online Password

You will be given an Online Password that will give you access to your Sawyer Savings Bank accounts for Online Banking access. This password can be changed within Online Banking using the options button. We recommend that you change your password regularly. Sawyer Savings Bank will act on instructions received under your password. For security purposes, it is recommended that you memorize this Online password and do not write it down. You are responsible for keeping your password, account numbers and other account data confidential.

B. Payment Account

Although there are no fees for accessing your accounts through Online Banking, you may be asked to designate a payment account for selected services such as Bill Pay. You agree to pay promptly all fees and charges for services provided under this Agreement, and authorize us to charge the account that you have designated as the payment account or any other account for the fees.

If you close the payment account, you must notify Sawyer Savings Bank and identify a new payment account for the selected services. Additionally, if you close all Sawyer Savings Bank accounts, you must notify Sawyer Savings Bank Customer Service to cancel the Online Banking services.

Your Online access may be canceled at any time without prior notice due to insufficient funds in one of your accounts. After cancellation, Online Banking services may be reinstated, once sufficient funds are available in your accounts to cover any fees and other pending transfers or debits. In order to reinstate your services, you must call Sawyer Savings Bank Customer Service at 1-888-SSB-1871.

If you do not access your Sawyer Savings Bank accounts through Online Banking for any (1) one year period, Sawyer Savings Bank reserves the right to disconnect your service without notice. Please note that your bill payment information will be lost if you are disconnected.

You agree to be responsible for any telephone charges incurred by accessing your Sawyer Savings Bank accounts through Online Banking.

If you wish to cancel any of the online banking services offered through Online Banking, please contact Sawyer Savings Bank Customer Service at 1-888-SSB-1871 or send us cancellation instructions in writing to Sawyer Savings Bank, PO Box 59, Saugerties, New York 12477.

Except as specifically provided in this Agreement or where the law requires a different standard, you agree that neither we nor the service providers shall be responsible for any loss, property damage or bodily injury, whether caused by the equipment, software, Sawyer Savings Bank, OR by Internet browser providers such as Netscape (Netscape Navigator browser) and Microsoft (Microsoft Explorer browser), OR by Internet access providers OR by Online service providers OR by an agent or subcontractor of any of the foregoing. Nor shall we or the service providers be responsible for any direct, indirect, special or consequential, economic or other damages arising in any way out of the installation, use or maintenance of the equipment, software, the Online Financial Services, or Internet browser or access software.

D. Overdrafts: Order of Payments, Transfers, Other Withdrawals

If your account has insufficient funds to perform all electronic funds transfers (ATM withdrawals, pre-authorized transactions, Online Banking transfers and bill payments, etc.) that you have requested for a given business day, then:

1. Certain electronic funds transfers involving currency disbursement, like ATM withdrawals, will have priority, and

2. The electronic funds transfers initiated through Online Banking may result in an overdraft of your account and may, at Sawyer Savings Bank's discretion, be canceled.

In addition, you will be charged the same overdraft charges that apply to your account.

E. Hours of Accessibility

You can access your Sawyer Savings Bank accounts through Online Banking seven days a week, 24 hours a day. However, at certain times, some or all of Online Banking may not be available due to system maintenance. You will be notified Online when this occurs.

A transfer initiated through Online Banking before 5 pm eastern standard time on a business day is posted to your account the same day. All transfers completed after 5 pm eastern standard time on a business day or on a Saturday, Sunday or banking holiday, will be posted on the next business day.

Our business days are Monday through Friday. Saturday, Sunday and Federal holidays are not included as a business day.

F. Additional Terms and Conditions

Obtaining Account Balance and Transaction History - You can obtain balance and transaction history on all eligible accounts. Current balance and activity information is available as of the close of the previous business day.

Transferring Funds - The number of transfers from a savings account is limited as described in the applicable Deposit Agreement and Disclosure. If a hold has been placed on deposits made to an account from which you wish to transfer funds, you cannot transfer the portion of the funds held until the hold expires.

IV. General Terms

A. Changes to Charges, Fees or Other Terms

We reserve the right to change the charges, fees or other terms described in this Agreement. However, when changes are made to any fees or charges, we will notify you Online, or send a notice to you at the address shown on our records, or send you an electronic mail message (E-mail). The notice will be posted or sent at least thirty (30) days in advance of the effective date of any additional fees for Online transactions, or of any stricter limits on the type, amount or frequency of transactions or any increase in your responsibility for unauthorized transactions, unless an immediate change is necessary to maintain the security of the system. If such a change is made, and it can be disclosed without jeopardizing the security of the system, we will provide you with electronic or written notice within thirty (30) days after the change. As always, you may choose to accept or decline changes by continuing or discontinuing the accounts or services to which these changes relate. We also reserve the option, in our business judgment, to waive, reduce or reverse charges or fees in individual situations. Changes to fees applicable to specific accounts are governed by the applicable Deposit Agreement and Disclosure.

B. Disclosure of Account Information

You understand that in addition to information furnished pursuant to legal process, some information about your accounts may automatically be disclosed to others. For example, the tax laws require disclosure to the government of the amount of the interest you earn, and some transactions, such as certain large currency and foreign transactions, must be reported to the government. The Bank may also provide information about your account(s) to persons or companies the Bank believes would use the information for reasonable purposes, such as when a prospective creditor seeks to verify information you may have given in a credit application or a merchant calls to verify a check you have written. In addition, the Bank routinely informs a credit bureau when accounts are closed by the Bank because they were not handled properly. The Bank may also seek information about you from others, such as a credit bureau, in connection with the opening or maintaining of your account. You authorize these transfers of information.

C. Questions or Error Correction on Online Banking Transactions

In case of questions or errors about funds transfers through Online Banking involving your account, here is what you should do:

Contact Sawyer Savings Bank by electronic mail (E-mail) info@sawyersavings.com

Fax Sawyer Savings Bank at 845-246-4960

Telephone Sawyer Savings Bank at 1-888-SSB-1871

Write Sawyer Savings Bank at PO Box 59, Saugerties, New York 12477, as soon as you can if you think your statement or transaction record is wrong, or if you need more information about a transaction listed on the statement or transaction record

We must hear from you no later than sixty (60) days after we have sent the first paper statement on which the problem or error appeared. If you notify us verbally, we may require that you send us your complaint or question in writing within ten (1O) business days.

Tell us your name and account number

Describe the error or the transaction you are unsure about, and explain why you believe it is in error or why you need more information.

Tell us the dollar amount of the suspected error.

For a bill payment, tell us the checking account number used to pay the bill, payee name, date the payment was sent, payment amount, reference number, and payee account number for the payment in question.

Here's what we will do:

We will tell you the results of our investigation within ten (10) business days, or twenty (20) business days in the case of point of sale purchases, 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, or ninety (90) days in the case of point of sale, international transactions, or new accounts to investigate your complaint or question. If we decide to do this, we will credit your account within ten (10) business days, or twenty (20) business days in the case of point of sale, international transactions, or new accounts 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 ten (10) business days, we will not credit your account. If we determine that there was no error, we will send you a written explanation within three (3) business days after we finish our investigation and debit the amount of the error that we previously credited. You may request copies of the documents that we used in our investigation. Your account is considered a new account for the first (30) days after the first deposit was made, unless each of you already has an established account with us before this account is opened.

If we do not complete a transfer to or from your Sawyer Savings Bank 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:

If, through no fault of ours, you do not have enough money in your account to make a transfer.

If a legal order directs us to prohibit withdrawals from the account.

If your account is closed or if it has been frozen.

If the transfer would cause your balance to go over the credit limit for any credit arrangement set up to cover overdrafts.

If you, or anyone you allow, commits any fraud or violates any law or regulation.

If any electronic terminal, telecommunication device or any part of the electronic fund transfer system is not working properly.

If you have not properly followed the instructions for using @Home Banking.

If circumstances beyond our control (such as fire, flood or improper transmission or handling of payments by a third party) prevent the transfer, despite reasonable precautions taken by us.

D. Other General Terms

Other Agreements - In addition to this Agreement you agree to be bound by and will comply with the requirements of the applicable Deposit Agreement and Disclosure, the Bank's rules and regulations, the rules and regulations of any funds transfer system to which the Bank belongs, and applicable State and Federal laws and regulations. We agree to be bound by them also.

Sawyer Savings Bank Reserves the Right to terminate this Agreement - The Bank reserves the right to terminate this Agreement and your access to Online Banking, in whole or in part, at any time without prior notice.

V. Protecting Your Account

A. Preventing Misuse of Your Account

Your role is extremely important in the prevention of any wrongful use of your account. You must promptly examine your statement upon receipt. If you find that your records and ours disagree, you must immediately call Sawyer Savings Bank Customer Service at 1-888-772-1871.

Protecting Personal Information - In addition to protecting your account information, you should also take precautions to protect your personal identification information, such as your driver's license, Social Security Number, etc. This information by itself or together with information on your account may allow unauthorized access to your account(s). It is your responsibility to protect personal information with the same level of care that you protect your account information.

Taking Care of Your Online Password - The password that is used to gain access to Online Banking should also be kept confidential. For your protection we recommend that you change your Online password regularly. It is recommended that you memorize this Online password and do not write it down.

You are responsible for keeping your password, account numbers and other account data confidential. If you believe that your Online password may have been lost or stolen, or that someone has transferred or may transfer money from your account without your permission, notify Sawyer Savings Bank Customer Service at once at 1-888-SSB-1871

B. Unauthorized Transactions in Your Sawyer Savings Bank Accounts

Notify us immediately if you believe another person has improperly obtained your Online password. Also notify us if someone has transferred or may transfer money from your account without your permission, or if you suspect any fraudulent activity on your account. Only reveal your account number to a legitimate entity for a purpose you authorize (such as your insurance company for automatic payments). To notify us, call Sawyer Savings Bank Customer Service at 1-888-SSB-1871, or write Sawyer Savings Bank, PO Box 59, Saugerties, New York 12477.

If your Online password has been compromised and you tell us within two (2) business days after you learn of the loss or theft, you can lose no more than $50 if someone used your Online password without your permission to access a Sawyer Savings Bank deposit account. If you do NOT tell us within two (2) business days after you learn of the loss or theft, and we could have stopped someone from taking money without your permission had you told us, you could lose as much as $500.

Also, if your statement shows withdrawals, transfers or purchases that you did not make or authorize, please notify us immediately. If you do not notify us within sixty (60) days after the paper statement was mailed to you, and we could have stopped someone from taking money if you had told us in time, you may not get back any money lost after the sixty (60) days. If extenuating circumstances, such as a long trip or hospital stay, kept you from telling us, the time periods in this section will be extended.

VI. Federal E-SIGN Act Disclosure and Consent
A. Electronic Delivery of Disclosures and Notices
B. Scope of Communications to Be Provided in Electronic Form
C. System Requirements to Access Information
D. Withdrawal of Electronic Acceptance of Disclosures and Notices
E. Requesting Paper Copies
F. How to Update Your Records
G. Acceptance and Consent

VI. Federal E-SIGN Act Disclosure and Consent
Federal Electronic Signatures in Global and National Commerce Act (E-Sign) Disclosure and Consent
A. Electronic Delivery of Disclosures and Notices
In order to access, receive and retain the disclosures (original and subsequent), agreement, change in terms notices, terms and conditions, statements, and any other documents, you must provide, at your own expense, an Internet connected device that meets the minimum requirements outlined below. You also confirm that your device will meet these specifications and requirements and will permit you to access and retain the disclosures (original and subsequent) , agreements, change in terms notices, terms and conditions, statements, and any other documents electronically each time you access and use it. All Communications in either electronic or paper format from us will be considered in writing.
B. Scope of Communication to Be Provided in Electronic Form
-Monthly account statements for your Account
-Additional acknowledgement may be required before receipt of electronic statements (EStatements) can begin, and receipt of paper statements can be discontinued.

-Notices or disclosures about a change in terms of your account or associated payment feature and responses to claims

-Privacy policies and notices
C. System Requirements to Access Information
-A personal computer or other device which is capable of accessing the Internet so you can access, receive, retain, and either print of store the document received.
-An Internet web browser which is capable of supporting 128-bit SSL encrypted communications, which requires a minimum web browser version of Microsoft Internet Explorer version 8.0 or above, Mozilla Firefox version 5 or above, or Safari (all versions) and your system or device must have 128-bit SSL encryption software.
-You must have software which permits you to receive and access Portable Document Format or PDF files, such as Adobe Acrobat Reader version 8.0 and above.
- An e-mail account with an Internet Service Provider and e-mail software in order to participate in our electronic communications program.
D. Withdrawal of Electronic Acceptance of Disclosures and Notices
You may withdraw your consent at no charge, to receive Communications in electronic form by contacting us at 1-888-SSB-1871 and asking to speak with a customer service representative. In addition to the above mentioned telephone number, you may withdraw your consent by writing us at:
Sawyer Savings Bank
PO Box 59
Saugerties NY 12477

E. Requesting Paper Copies
To request paper copies of documents and/or communications; you can contact us at 1-888-SSB-1871. Any fees associated with requesting paper copies will be disclosed by the Bank. You should not expect to receive a paper copy of any communications, unless you have requested it.
F. How to Update Your Records
It is your responsibility to provide us with true, accurate and complete e-mail address, contact, and other information related to this disclosure and your accounts, and to maintain and update promptly any changes in this information. You can update such information by visiting a branch and completing a Change of Address form.
G. Acceptance and Consent
By consenting to this Disclosure, you agree to the following statements:
I have read, understand, and agree to be bound by the terms and conditions described above and consent to receive electronic Communication according to the process described above. I understand that I may incur costs, including but not limited to online time and other charges from my internet service provider.
I understand and agree that (i) certain documents will continue to be delivered to me via U.S. Mail that are not included in the Paperless Statements program and that in the future some or all of these documents may be made available for me to view electronically in accordance with this Disclosure; (ii) my consent to view documents electronically does not automatically expire and is not limited as to duration; (iii)the entity or entities with which I have my Account(s) and/or their agent may revoke my participation in the Paperless Statement program at any time at their discretion;(iv) neither entity or entities with which I have my Accounts, nor their agents will be liable for any loss, liability, cost, expense, or claim for acting upon this authorization or arising from my use of the product or services provided pursuant to this Disclosure; and (v) inserts that may be provided along with my account statements contain important information or disclosures concerning my Account and I agree to review such inserts in a timely manner.

Adobe Acrobat Version

Microsoft Word (Compatibility) Version

Disagree

Agree