Bank-To-Bank Transfer Service Agreement

Within Online Banking you may separately enroll for the Bank-To-Bank Transfer service (“Service”). This Service allows you to transfer funds from your linked personal deposit accounts at The First National Bank of McConnelsville to certain deposit accounts at other Financial Institutions. An outbound transfer moves funds from an account at The First National Bank of McConnelsville to an account outside of The First National Bank of McConnelsville. You will need to enroll each of your NON-First National Bank of McConnelsville accounts that you wish to use for this Service. You agree that you will only attempt to enroll accounts for which you have the authority to transfer funds. All accounts requested to be used as part of this Service will be verified in accordance with Financial Institution procedures. The verification process must be completed by you prior to using the Service. You will have 7 days after enrolling an account to complete the verification process. Verification instructions are displayed to you during the enrollment process.

Funds requested to be transferred will be debited/credited to your Financial Institution account the business day following the day you initiate the transfer, provided you have met the FIs cutoff time for submitting Bank-To-Bank transfers. In the case of a future dated or recurring transfer, these time limits will be the business day following the scheduled date of the transfer. The cutoff time for initiating transfers is 3pm EST. Funds requested to be transferred will be debited/credited to the non-Financial Institution account according to the receiving FI’s availability and transaction processing schedule.

Request for immediate transfers of funds cannot be cancelled. Future dated and recurring transfers can be canceled by 12:00 am EST , the day prior to the scheduled transfer date. If the transfer status is In Process, Pending, or Processed, you cannot cancel the transfer. There currently are no fees for the Service, but there is a $3 fee per outbound transfer. Fees are subject to change. Transfers are subject to the following limits unless otherwise agreed upon by you and Financial Institution:

    1. Three outbound transfers per day not to exceed a total of $3,000

The above limits apply to the total of all Bank-To-Bank transfers of a specific type for all accounts enrolled in the Service. We may change your dollar limits and transfer limits at any time.

Unless specifically listed in this agreement, this Service is subject to the definitions and terms of the master Online Banking Services Agreement signed by you when opening your Online Banking account or any amendments thereto.

Welcome to First National Bank – Bank-To-Bank Transfers!

Step 1: Terms and Conditions After clicking Enroll, you will be prompted to review The First National Bank of McConnelsville’s FI Bank-to-Bank Transfer Terms and Conditions. You must agree to the Terms and Conditions prior to using FI Bank-To-Bank Transfers.

Step 2: Add External Account(s) Enter the information for the external account(s). You will enter the external account nickname, financial institution name, routing number, account number, and type of account for the first external account, then click the Submit button, before entering the next external account information. We (The First National Bank of McConnelsville) may limit you on how many external accounts you are allowed to add. You will find additional information on the Add External Account page to help you locate the routing number and account number for your external account.

Step 3: External Account(s) Verification Before you can begin making transfers to an external account, the external account(s) you wish to use must be verified to prove that you are authorized to conduct transfers. We, (The First National Bank of McConnelsville,) will tell you when we enable FI Transfers what your verification method will be. You may be asked to provide us (The First National Bank of McConnelsville) with proof that you are authorized on the external account. This proof might include a cancelled check bearing your name, a statement, contact with the external FI directly, or some other method of verification which we deem acceptable. Alternatively, your external account may receive a small ACH credit for an undisclosed amount. If this verification method is used, you will need to enter the amount of the credit in the FI Bank-To-Bank Transfer section of Internet Banking in order to complete the verification process.

Step 4: Establishing Transfers After the verification process is complete, you may begin establishing transfers. You can establish one-time transfers, or if you want to set up a recurring transfer, you have a variety of transfer frequencies to choose from. You will be limited on the number of transfers you can establish per day and on the dollar amounts you are allowed to transfer.

Please contact The First National Bank of McConnelsville at 740.962.3911 or toll free at 800.441.3811, if you need additional assistance.

In order to use the external account for FI Bank-To-Bank Transfers, the account must be verified.

Your institution will verify that you are authorized on the external account by:

Auto verification: Your external account will be credited with a random amount within one to two business days. Once you see the credit on your external account, log back into Internet Banking, go to Enrolled Accounts and key in the amount of the credit without decimal points or dollar signs. For example, if 21 cents credits your external account, you will enter 21 in the Verification Amount field. You will have 7 calendar days to complete this process.

You may add another external account after clicking the Return button.

A list of your currently enrolled Bank-To-Bank external accounts, including those pending approval, will show. You may edit or delete accounts from this page.

For questions, or if you need assistance with the enrollment process, please contact an Account Servicing Specialist at 740.962.3911 or toll free at 800.441.3811. You may also send us a secure message by logging into your Internet Banking account, and click on the Contact link.

To add a new Bank-To-Bank transfer, complete the fields and select Submit. You may submit up to three outbound transfers per day. The total dollar amount of outbound transfers cannot exceed $3,000. You may set up recurring or future dated transfers. These transfers will count towards your totals on the day that the transfer is scheduled to occur.

Please note: Per government regulation transfers from a Savings or Money Market account to another account or third party by preauthorized, automatic, or telephone transfer – including online banking transfers – are limited to six per month. These six transactions include transfers by check, draft, or ACH or similar order to third parties. If you exceed the transfer limitations set forth in any statement period, your account will be subject to closure by the financial institution.

There is a $3 fee per outgoing transfer.