Common use of Automatic Transfer Service Clause in Contracts

Automatic Transfer Service. You may have funds transferred automatically from your savings or money market accounts to another account with us. Federal regulations place limits on the number of automated transfers you may make from savings and money market accounts each month. Refer to our “Consumer Products” section for these withdrawal limitations. You may schedule transfers periodically on the dates and for the amounts that you specify. Transfers can only be made on a business day. If a scheduled transfer date falls on a weekend or bank holiday, we may make the transfer on the next business day. If we are unable to complete a transfer because you do not have enough available funds in your account, we may cancel this service. Our “business days” are Monday through Friday, excluding Saturdays, Sundays, and federal holidays, even if we are open. You may use your computer to access the Online Banking services 24-hours a day, seven days a week, except when the system is unavailable. You, or we, in our sole discretion, may close your account at any time with or without cause. If we close your account, we may send the balance on deposit in your account by ordinary mail to your most recent address shown on our account records. We may, but are not required to, allow you to leave on deposit sufficient funds to cover outstanding items to be paid from your account. If we do allow such funds to remain on deposit, the terms and conditions of this Agreement will continue until we make a final disbursement from the account. If we do not allow you to keep any funds on deposit, we are not liable for any loss or damage that may result from not honoring any of your items or transactions that are presented or otherwise received after your account is closed. We may also report to third parties that we have closed your account. If you request us to close your account and issue the balance using an official Bank check to you or a designated payee, or to transfer funds to another financial institution by check or by wire, we may charge a fee. This Agreement sets forth the entire understanding between us and you with respect to your accounts and the Services and supersedes any prior agreement, oral or written, and any other communications between you and us relating to the subject matter of this Agreement. If there is a conflict between what any of our employees or agents say, and the terms of this Agreement, the terms of this Agreement will prevail.

Automatic Transfer Service. You may have funds transferred automatically from your most Community Bank checking or savings or money market accounts to another Community Bank checking or savings account with usor to pay a Community Bank loan or line of credit account. Federal regulations regulation and this Agreement place limits on the number of automated transfers you may make from savings and money market accounts each month. Refer to our Please see “Consumer Products” section for these withdrawal limitationsLimits on Withdrawals and Transfers from Savings Accounts”. Certain other restrictions may apply. You must schedule transfers to pay a Community Bank loan for the due date each month. In most other cases, you may schedule transfers periodically on the dates and for the amounts that you specify. Transfers can only be made on a business day. If a scheduled transfer date falls on a weekend or bank holiday, we may make the transfer on the next business day. If we are unable to complete a transfer because you do not have enough available funds in your account, we may cancel this service. We offer checks, withdrawal forms and deposit slips in a number of styles and at various prices. We recommend you use checks and other forms that we provide. You are responsible for verifying the accuracy of all information on your checks and other forms, whether obtained through others or us. Our “business days” liability, if any, for any printing errors on checks or other forms obtained through us is limited to the cost of replacing the forms. We are Monday not liable for any claims, costs, losses or damages you may incur when you use checks or other forms not obtained through Friday, excluding Saturdays, Sundays, and federal holidaysus. Check deposits with a retired routing number will be returned unpaid. We may refuse to accept checks or other forms you create or someone else provides that do not meet our then current specifications, even if we are openthey met our specifications at the time they were initially drawn. You may use obtain a copy of our printing specifications by calling the telephone number on your computer to access statement or asking a banking center associate. These specifications include the Online Banking services 24-hours a daymagnetically encoded numbers, seven days a weekthe size of the check and the weight, except when the system is unavailable. You, or we, in our sole discretion, may close your account at any time with or without causecolor and type of paper. If we close your accountyou create or obtain checks or other forms from someone else and our automated check processing systems are unable to read or process them, we may send the balance on deposit in refuse to accept them and we may charge you a fee for each check or other item that we are unable to read or process through our automated systems. Community Bank does not return cancelled checks to you. We generally keep a copy of each check we post to your account by ordinary mail for seven years from the date the check posts to your most recent address shown on our account records. We may, but are not required to, allow you to leave on deposit sufficient funds to cover outstanding items to be paid from your account. If we do allow such funds We have no obligation to remain retain the original check. We typically keep the copies on deposit, the terms and conditions of this Agreement will continue until we make microfilm or as a final disbursement from the accountdigital image. If we do not allow you to keep any funds on deposita copy is unavailable or of poor quality, we are not liable to you for any claim, cost, loss or damage that may result from not honoring of any of your items or transactions that are presented or otherwise received after your account is closedkind. We may also report to third parties that we have closed your account. If you request us to close your account and issue the balance using an official Bank check to you or a designated payee, or to transfer funds to another financial institution by check or by wireAfter seven years, we may charge destroy the copies. a feecopy is unavailable or of poor quality, Community Bank is not liable to you for any claim, cost, loss, or damage of any kind. This Agreement sets forth the entire understanding between us and Some checks you with respect write may be converted to your accounts and the Services and supersedes any prior agreement, oral or written, and any other communications between you and us relating to the subject matter of this Agreementelectronic debits. If there is a conflict between what any of our employees or agents say, and the terms of this AgreementIn such cases, the terms of this Agreement will prevailcheck is not sent to Community Bank for processing so we would not have a copy. We list these electronic debits on your account statement.

Automatic Transfer Service. You may have funds transferred automatically from your most Community Bank checking or savings or money market accounts to another Community Bank checking or savings account with usor to pay a Community Bank loan or line of credit account. Federal regulations regulation and this Agreement place limits on the number of automated transfers you may make from savings and money market accounts each month. Refer to our Please see “Consumer Products” section for these withdrawal limitationsLimits on Withdrawals and Transfers from Savings Accounts”. Certain other may restrictions apply. You must schedule transfers to pay a Community Bank loan for the due date each month. In most other cases, you may schedule transfers periodically on the dates and for the amounts that you specify. Transfers can only be made on a business day. If a scheduled transfer date falls on a weekend or bank holiday, we may make the transfer on the next business day. If we are unable to complete a transfer because you do not have enough available funds in your account, we may cancel this service. Our “business days” are Monday through FridayWe offer checks, excluding Saturdays, Sundays, withdrawal forms and federal holidays, even if deposit slips in a number of styles and at various prices. We recommend that you use checks and other forms that we are openprovide. You may use are responsible for verifying the accuracy of all information on your computer checks and other forms, whether obtained through others or us. Our liability, if any, for any printing errors on checks or other forms obtained through us is limited to access the Online Banking services 24-hours a day, seven days a week, except when cost of replacing the system is unavailable. You, or we, in our sole discretion, may close your account at any time with or without cause. If we close your account, we may send the balance on deposit in your account by ordinary mail to your most recent address shown on our account recordsforms. We may, but are not required to, allow you to leave on deposit sufficient funds to cover outstanding items to be paid from your account. If we do allow such funds to remain on deposit, the terms and conditions of this Agreement will continue until we make a final disbursement from the account. If we do not allow you to keep any funds on deposit, we are not liable for any loss claims, costs, losses or damage that damages you may result from incur when you use checks or other forms not honoring any of your items or transactions that are presented or otherwise received after your account is closedobtained through us. We may also report refuse to third parties accept checks or other forms that we have closed you create or someone else provides that do not meet our then current specifications, even if they met our specifications at the time they were initially drawn. You may obtain a copy of our printing specifications by calling the telephone number on your accountstatement or asking a banking center associate. These specifications include the magnetically encoded numbers, the size of the check and the weight, color and type of paper. If you request us create or obtain checks or other forms from someone else and our automated check processing systems are unable to close your account and issue the balance using an official Bank check to you read or a designated payee, or to transfer funds to another financial institution by check or by wireprocess them, we may refuse to accept them and we may charge you a fee. This Agreement sets forth the entire understanding between us and you with respect fee for each check or other item that we are unable to your accounts and the Services and supersedes any prior agreement, oral read or written, and any other communications between you and us relating to the subject matter of this Agreement. If there is a conflict between what any of process through our employees or agents say, and the terms of this Agreement, the terms of this Agreement will prevailautomated systems.