Common use of Password Protection Clause in Contracts

Password Protection. For your protection, a Password is required to log onto your account through Online Banking or Mobile Banking. We recommend that you frequently change your password used to access Online Banking and Mobile Banking services. You agree to hold your password in strict confidence and you will notify us immediately if your password is lost or stolen. It is recommended that you memorize your access code and do not write it down. You are responsible for keeping your access code and account information confidential. Any person whom you permit to use your access code will have access to your entire account, including the ability to transfer funds from your savings, checking, money market and loan accounts, and authorize bill payments. We refer to such person as an authorized user and you agree that an authorized user may transfer funds from your savings, checking, money market and loan accounts, and authorize bill payments.