Common use of Funds Transfers Clause in Contracts

Funds Transfers. You may perform unlimited transfers between eligible accounts. You may not make more than six (6) transfers per month from any savings or money market account. All transfers conducted prior to 10:00 PM CT will process on that business day. Balance Inquiries – You may use online banking to check balances on all deposit and loan accounts. Account Services – You may use online banking to view copies of checks and deposit account statements, place stop payments on checks, set up account alerts, and download account information to Microsoft Money, Intuit Quicken, or Intuit QuickBooks. External Transfers – External transfers allow qualified customers to electronically transfer money between eligible deposit accounts at Classic Bank and other financial institutions that are located in the United States and have a valid ABA routing number. If you use the External Transfer Service, you represent and warrant that you are the owner of the account(s) selected for the External Transfer Service and /or you have been authorized by the owner of the accounts to use this service. External Transfer Services are subject to application and approval once eligibility period has been completed. • You may use external transfers only to make transfers to and from your eligible Classic Bank accounts and any eligible checking, savings, or money market accounts at Approved Financial Institutions, from which accounts you must be authorized to make withdrawals and you have verified your ownership (Verified Account). • When you transfer funds from a Verified Account at any financial institution to your eligible Classic Bank account, the funds will not be available for your use or withdrawal until three (3) business days after the transfer is conducted even if the transfer is reflected in your current balance. • You may only make transfers to and from your eligible Classic Bank accounts and Verified Accounts at other financial institutions for which you have authority to do so. • In any one business day, the total aggregate amount of all transfers to Verified Accounts from eligible Classic Bank accounts cannot exceed $2,500.00. In any one business day, the total aggregate amount of transfers from Verified Accounts to eligible Classic Bank accounts cannot exceed $2,500.00. Other restrictions apply and will be disclosed to you upon approval of External Transfer Services. We may change limits and restrictions at any time without prior notice. • We may terminate your access to the External Transfer Service without prior notice if: ▪ Any of your accounts with Classic Bank are not in good standing ▪ You have had any External Transfers canceled, revoked or incomplete due to insufficient funds, stop payments, revoked authorizations, frozen accounts, or ▪ Known of suspected fraud, or any other event that creates an unanticipated liability for Classic Bank. Online Statements – You may opt to receive your periodic account statement electronically. You can enroll for on-line statements by going to the Statement Tab under the Account Tab in Internet Banking. Once this option is selected, your next periodic statement notice will be sent electronically to the email address on record. Bill Pay – An optional service that allows you to schedule one time or recurring payments to third parties. See Bill Pay Service Functionality below for detailed information.

Funds Transfers. You may perform unlimited transfers between eligible accounts. You may not make more than six (6) transfers per month from any savings or money market account. All transfers conducted prior to 10:00 PM CT will process on that business day. Balance Inquiries – You may use online banking to check balances on all deposit and loan accounts. Account Services – You may use online banking to view copies of checks and deposit account statements, place stop payments on checks, set up account alerts, and download account information to Microsoft Money, Intuit Quicken, or Intuit QuickBooks. External Transfers – External transfers allow qualified customers to electronically transfer money between eligible deposit accounts at Classic Bank and other financial institutions that are located in the United States and have a valid ABA routing number. If you use the External Transfer Service, you represent and warrant that you are the owner of the account(s) selected for the External Transfer Service and /or you have been authorized by the owner of the accounts to use this service. External Transfer Services are subject to application and approval once eligibility period has been completed. • You may use external transfers only to make transfers to and from your eligible Classic Bank accounts and any eligible checking, savings, or money market accounts at Approved Financial Institutions, from which accounts you must be authorized to make withdrawals and you have verified your ownership (Verified Account). • When you transfer funds from a Verified Account at any financial institution to your eligible Classic Bank account, the funds will not be available for your use or withdrawal until three (3) business days after the transfer is conducted even if the transfer is reflected in your current balance. • You may only make transfers to and from your eligible Classic Bank accounts and Verified Accounts at other financial institutions for which you have authority to do so. • In any one business day, the total aggregate amount of all transfers to Verified Accounts from eligible Classic Bank accounts cannot exceed $2,500.00. In any one business day, the total aggregate amount of transfers from Verified Accounts to eligible Classic Bank accounts cannot exceed $2,500.00. Other restrictions apply and will be disclosed to you upon approval of External Transfer Services. We may change limits and restrictions at any time without prior notice. • We may terminate your access to the External Transfer Service without prior notice if: ▪ Any of your accounts with Classic Bank are not in good standing ▪ You have had any External Transfers canceled, revoked or incomplete due to insufficient funds, stop payments, revoked authorizations, frozen accounts, or ▪ Known of suspected fraud, or any other event that creates an unanticipated liability for Classic Bank. Online Statements – You may opt to receive your periodic account statement electronically. You can enroll for on-line statements by going to the Statement Tab under the Account Tab in Internet Banking. Once this option is selected, your next periodic statement notice will be sent electronically to the email address on record. Bill Xxxx Pay – An optional service that allows you to schedule one time or recurring payments to third parties. See Bill Xxxx Pay Service Functionality below for detailed information.

Funds Transfers. You may perform unlimited transfers between eligible accounts. You may not make more than six (6) transfers per month from any savings or money market account. All transfers conducted prior to 10:00 PM CT will process on that business day. Balance Inquiries – You may use online banking to check balances on all deposit and loan accounts. Account Services – You may use online banking to view copies of checks and deposit account statements, place stop payments on checks, set up account alerts, and download account information to Microsoft Money, Intuit Quicken, or Intuit QuickBooks. External Transfers – External transfers allow qualified customers to electronically transfer money between eligible deposit accounts at Classic Bank and other financial institutions that are located in the United States and have a valid ABA routing number. If you use the External Transfer Service, you represent and warrant that you are the owner of the account(s) selected for the External Transfer Service and /or you have been authorized by the owner of the accounts to use this service. External Transfer Services are subject to application and approval once eligibility period has been completed. • You may use external transfers only to make transfers to and from your eligible Classic Bank accounts and any eligible checking, savings, or money market accounts at Approved Financial Institutions, from which accounts you must be authorized to make withdrawals and you have verified your ownership (Verified Account). • When you transfer funds from a Verified Account at any financial institution to your eligible Classic Bank account, the funds will not be available for your use or withdrawal until three (3) business days after the transfer is conducted even if the transfer is reflected in your current balance. • You may only make transfers to and from your eligible Classic Bank accounts and Verified Accounts at other financial institutions for which you have authority to do so. • In any one business day, the total aggregate amount of all transfers to Verified Accounts from eligible Classic Bank accounts cannot exceed $2,500.00. In any one business day, the total aggregate amount of transfers from Verified Accounts to eligible Classic Bank accounts cannot exceed $2,500.00. Other restrictions apply and will be disclosed to you upon approval of External Transfer Services. We may change limits and restrictions at any time without prior notice. • We may terminate your access to the External Transfer Service without prior notice if: ▪  Any of your accounts with Classic Bank are not in good standing ▪  You have had any External Transfers canceled, revoked or incomplete due to insufficient funds, stop payments, revoked authorizations, frozen accounts, or ▪  Known of suspected fraud, or any other event that creates an unanticipated liability for Classic Bank. Online Statements – You may opt to receive your periodic account statement electronically. You can enroll for on-line statements by going to the Statement Tab under the Account Tab in Internet Banking. Once this option is selected, your next periodic statement notice will be sent electronically to the email address on record. Bill Xxxx Pay – An optional service that allows you to schedule one time or recurring payments to third parties. See Bill Xxxx Pay Service Functionality below for detailed information.

Funds Transfers. You may perform unlimited transfers The Funds Transfer function allows you to transfer funds between eligible your Logix savings and checking accounts. A Funds Transfer is a one-time non-recurring transfer of funds. Funds Transfers are permitted only between your Logix savings and checking accounts. You cannot set up recurring funds transfers or transfer funds to or from your other Logix accounts or Logix credit card or other line of credit or loan with the Funds Transfer feature of the Application. There may be limits on the number of transfers you can make each month depending on the type of Logix account from which the funds are transferred. Refer to the Membership and Accounts Agreement and Disclosure “Transaction Limitations” section applicable to your specific Logix account for complete information. Savings and checking account Funds Transfer transactions are not displayed in Recent Transactions. Completed Funds Transfers will appear on your periodic Logix account statements. You will get a monthly account statement on the electronic funds transfer activity on your accounts unless there are no transfers in a particular month. In any case, you will get a Logix account statement at least quarterly. Be sure to review and verify all statement information thoroughly. You may also obtain information on transfers by inquiry of your transactional account history using our Online Banking Service if you have enrolled in that service. Logix business days are Monday through Saturday, but every calendar day is a processing day for Funds Transfers. Our processing day cutoff is approximately 10:30 p.m. Pacific Time (PT) after which Funds Transfer transactions may reflect an effective date of the calendar day you initiated the transaction but a posting date of the next business day. The effective date will be used for dividend accrual purposes. If we do not complete a Funds Transfer to or from your Logix account on time or in the correct amount we may be liable for your losses and damages. However, there are some exceptions. We will NOT be liable, for example, if: (1) Through no fault of ours, you do not have enough available funds in your account to make more than six the transfer; (2) The transfer would exceed any permitted overdraft line you have with us; (3) Circumstances beyond our control (such as fire, flood, power failure, computer breakdown, telephone line disruption, failure of or by your mobile or internet service provider, civil unrest, labor dispute, or a natural disaster) prevent or delay the transfer despite reasonable precaution taken by us; (4) The funds in your account are subject to legal process, an uncollected funds hold, or are otherwise not available for withdrawal; (5) The User Name, Password, or transaction information or other information you provided is incorrect, incomplete, ambiguous or untimely; (6) transfers per month The system was not working properly and you knew about the breakdown when you started the transfer; or (7) You are in default on an account to or from any savings or money market account. All transfers conducted prior to 10:00 PM CT will process on that business day. Balance Inquiries – You may use online banking to check balances on all deposit and loan accounts. Account Services – You may use online banking to view copies of checks and deposit account statements, place stop payments on checks, set up account alerts, and download account information to Microsoft Money, Intuit Quicken, or Intuit QuickBooks. External Transfers – External transfers allow qualified customers to electronically transfer money between eligible deposit accounts at Classic Bank and other financial institutions that are located in the United States and have a valid ABA routing number. If you use the External Transfer Service, you represent and warrant that which you are the owner of the account(s) selected for the External Transfer Service and /or you have been authorized by the owner of the accounts to use attempting a transfer. (There may be other exceptions stated in this service. External Transfer Services are subject to application and approval once eligibility period has been completed. • You may use external transfers only to make transfers to and from your eligible Classic Bank accounts and any eligible checking, savings, or money market accounts at Approved Financial Institutions, from which accounts you must be authorized to make withdrawals and you have verified your ownership (Verified Accountour other agreements with you.). • When you transfer funds from a Verified Account at any financial institution to your eligible Classic Bank account, the funds will not be available for your use or withdrawal until three (3) business days after the transfer is conducted even if the transfer is reflected in your current balance. • You may only make transfers to and from your eligible Classic Bank accounts and Verified Accounts at other financial institutions for which you have authority to do so. • In any one business day, the total aggregate amount of all transfers to Verified Accounts from eligible Classic Bank accounts cannot exceed $2,500.00. In any one business day, the total aggregate amount of transfers from Verified Accounts to eligible Classic Bank accounts cannot exceed $2,500.00. Other restrictions apply and will be disclosed to you upon approval of External Transfer Services. We may change limits and restrictions at any time without prior notice. • We may terminate your access to the External Transfer Service without prior notice if: ▪ Any of your accounts with Classic Bank are not in good standing ▪ You have had any External Transfers canceled, revoked or incomplete due to insufficient funds, stop payments, revoked authorizations, frozen accounts, or ▪ Known of suspected fraud, or any other event that creates an unanticipated liability for Classic Bank. Online Statements – You may opt to receive your periodic account statement electronically. You can enroll for on-line statements by going to the Statement Tab under the Account Tab in Internet Banking. Once this option is selected, your next periodic statement notice will be sent electronically to the email address on record. Bill Pay – An optional service that allows you to schedule one time or recurring payments to third parties. See Bill Pay Service Functionality below for detailed information.