Commercial Enrollment Form Agreement

Welcome to State Bank of Waterloo's Redi-Net Banking enrollment.

Please read the following agreement and click the "I Agree" button at the end, if you agree to all of the information contained within.

SBW REDI-NET BANKING SERVICES AGREEMENT

I. INTRODUCTION

This Redi-Net Banking Services Agreement (“Redi-Net Banking Agreement”) explains the terms and conditions governing the Redi-Net Banking Services offered through State Bank of Waterloo. You should read this Redi-Net Banking Agreement and the related information provided by the Bank prior to using Redi-Net Banking. By your initial and each subsequent use of Redi-Net Banking, you agree to abide by the terms and conditions of this Agreement, as amended from time to time, and to accept this disclosure and other information electronically. This Agreement will become effective after your application has been accepted. This Agreement will be governed by and interpreted in accordance with all applicable federal and State of Illinois laws and regulations. The terms “we,” “us,” “our,” “Bank” and "SBW" refer to State Bank of Waterloo. The words “you”, “your”, and “yours” mean each deposit account owner, authorized deposit account signer, and anyone authorized to act on behalf of a deposit account owner. You agree that the Bank may provide any notices required by law or by this Agreement in electronic form. The term

II. ACCESSING YOUR BANK ACCOUNTS THROUGH REDI-NET BANKING

You can access your SBW accounts through Redi-Net Banking. Each of your accounts at the Bank is also governed by your “Deposit Account Agreement and Disclosure”, Funds Availability Act Disclosure, Electronic Funds Transfer Act Disclosure and related account agreements.

A. REQUIREMENTS

To access your personal and/or business accounts through Redi-Net Banking, you must have an eligible Bank account (listed below), a User ID, and an Redi-Net banking password. SBW Bank accounts accessible through Redi-Net Banking include:

*Freedom Checking *Freedom Rewards Checking
*Money Market Accounts *Savings Accounts
*Freedom Business Checking *Certificate of Deposits
*Mortgage, Business and Consumer Loans

B. HOURS OF ACCESSIBLITY

You may generally access your bank accounts seven days a week, 24 hours a day. However, at certain times, some or all of the online banking may not be available due to system maintenance, problems with the Internet or other circumstances beyond our control.

State Bank of Waterloo endeavors to provide you with dependable online banking. However, due to the unpredictable nature of the Internet, occasional inaccessibility should be expected. SBW cannot not and does not guarantee the completeness or accuracy of the information provided through Redi-Net Banking. The Internet lacks inherent security for commercial transactions and therefore SBW does not guarantee that information transmitted or received from this site will not be intercepted or viewed by third parties. By using Redi-Net Banking, you acknowledge your understanding of and agreement to these statements.

C. FEES

There are no monthly fees for accessing your account(s) through Redi-Net Banking. Certain fees may apply to services ordered online. Bill pay services may have additional fees that will be made available to you at the time you sign up for these services.

PLEASE NOTE THAT FEES FOR INTERNET ACCESS WILL BE ASSESSED AND BILLED SEPERATELY BY YOUR INTERNET SERVICE PROVIDER.

D. ELECTRONIC MAIL (E-MAIL)

Sending E-mail through Redi-Net Banking is a way to communicate with the bank. Redi-Net Banking has provided E-mail capabilities for you to ask questions about your account(s) or to provide us comments on your banking service. This E-mail capability is accessible after you sign on with your password to a secure session with Redi-Net Banking. Despite our best efforts, messages sent by E-mail may not be secure, may be intercepted by third parties and may not be immediately received by the appropriate department of State Bank of Waterloo. Please do not use E-mail to send us communications which contain confidential information, which we require in writing or which need our immediate attention. An Internet record that an E-mail has been “sent” or “received” is not verification that the E-mail has been received by SBW. You cannot use E-mail to initiate transactions on your account(s). For banking transactions, please use the appropriate functions within Redi-Net Banking or call State Bank of Waterloo for customer service at (618) 939-7195.

E. NEW SERVICES

The Bank may, from time to time, introduce new Redi-Net Banking services. We shall update this Redi-Net Banking Services Agreement to notify you of these new services. By using these services when they become available, you agree to be bound by the rules contained in this Agreement.


III. GENERAL TERMS

A. CONFIDENTIALITY OF ACCOUNT INFORMATION

We do not reveal information about your accounts or other personally identifiable data to parties outside our bank unless: (1) you request or authorize it; (2) the information is provided to a reputable credit bureau or similar information reporting agency; (3) the information is provided to help complete a transaction initiated by you; or (4) the disclosure otherwise is lawfully required.

Sometimes it is necessary to provide personally identifiable information about you to a party outside our bank such as a vendor or service company that we hire to provide support or services for one or more of our products. These service providers (the Internet service provider and the Bill Pay software provider) agree to safeguard our confidential information about you and your products and services with us and must abide by applicable law.

B. TERMINATION

In addition to any other right reserved to the Bank in this Agreement or in any applicable Account Disclosure Statement, but subject to any written notice requirements, the Bank reserves the right to terminate this Agreement and your access to Redi-Net Banking, in whole or in part, at any time.

IV. TERMS AND CONDITIONS

The first time you or someone authorized by you on your behalf, access your Bank accounts through Redi-Net Banking the system confirms your agreement to be bound by all the terms and conditions of this Redi-Net Banking Agreement and acknowledges your receipt and understanding of this disclosure.

If you do not wish to enroll, please click on "Return to Bank".
Return to Bank