Monroe Federal Mobile Deposit Disclosure and AgreementMobile Deposit Agreement • November 5th, 2015 • Ohio
Contract Type FiledNovember 5th, 2015 JurisdictionTERMS OF AGREEMENT This Mobile Deposit Disclosure and Agreement (“Agreement”) covers your and our rights and responsibilities concerning the Mobile Deposit service offered to you by Monroe Federal Savings and Loan Assn. The words “we,” “us,” “our” and “the institution” mean Monroe Federal Savings and Loan Assn. The words “you” or “your” mean each and all those who use the Services. The word “Services” means the mobile deposit capture services offered by the institution. The word “account” means any one or more deposit accounts you have with the institution. The Services are designed to allow you to make deposits to your checking account by electronically transmitting a digital image of your paper checks to the institution or the institution’s designated processor. There is currently no charge for the Consumer Services. Original checks are converted to substitute checks as that term is defined in the Check Clearing for the 21st Century Act and Federal Reserve Board Regulation CC (“Check