The First National Bank of Elmer
Debit Card/ATM Card Disclosure
The purpose of this Disclosure Statement is to inform you of certain rights, which you have under the Electronic Funds Transfer Act.
1. AUTOMATED TELLER MACHINE SERVICES.
You may use The First National Bank of Elmer VISA CHECK CARD or The First National Bank of Elmer Automated Teller Machine (ATM) Card (Both are hereafter called "CARD") with your Personal Identification Number (PIN) at all regional MONEY ACCESS CENTER Automatic Teller Machine (STAR ATM) to conduct any of the following transactions for each of the accounts you have requested to be accessed by your CARD:
a: Withdraw cash from:
1) Your Transaction (Checking and NOW) account(s)
2) Your Statement Savings account(s)
b: Deposit cash, checks or drafts in New Jersey, Delaware, Pennsylvania or Maryland to:
1) Your Transaction account(s)
2) Your Statement Savings account(s)
c: Transfer funds;
1) Between your Transaction account(s) and
2) Your Statement Savings account(s).
d: Obtain the available balance(s) from:
1) Your Transaction account(s) and
2) Your Statement Savings account(s).
Some STAR ATMs may only provide access to the accounts you have designated as your Primary Transaction account. NOT ALL STAR ATMs ACCEPT DEPOSITS. THERE MAY ALSO BE LIMITS ON THE AMOUNT OF FUNDS WHICH YOU ARE ALLOWED TO DEPOSIT IN CERTAIN STAR ATMs.
2. PLUS AND HONOR SYSTEM SERVICES.
You may use the The First National Bank of Elmer VISA Check Card and PIN at any PLUS SYSTEM (PLUS) or HONOR SYSTEM (HONOR) ATM to conduct any of the following transactions for each of the accounts you have requested to be accessed by your CARD and have designated as the Primary account of each account type.
a: Withdraw cash from:
1) Your Transaction account; and
2) Your Statement Savings Account.
b: Transfer funds;
1) Between your Transaction account; and
2) Your Statement Savings account.
c: Obtain the available balance(s) from:
1) Your Transaction account(s); and
2) Your Statement Savings account.
These are the present services available from the PLUS SYSTEM and HONOR SYSTEM Networks, but other services may be developed. The above transactions are only applicable to the accounts which you list on your CARD application and have designated as the Primary account of each account type, or such other Primary accounts which are added later at your written request.
3. OTHER ATM NETWORK ACCESS.
From time to time we may make arrangements with other networks to grant access to the First National Bank of Elmer VISA Check Card. We shall inform you when such arrangements are made and describe the services, which made available to you and the charges therefore at the time.
4. PURCHASE TRANSACTIONS.
A. Purchases made with your VISA Check Card. You may use your CARD and PIN at any retail establishment (Merchant) where ATM Cards are accepted to purchase goods and services and/or to obtain cash where permitted by the Merchant (Purchase). When you make a Purchase using your VISA Check Card and PIN you will be requesting us to withdraw funds from your selected Primary checking account in the amount of the Purchase and directing or ordering us to pay these funds to such Merchant. You may use your VISA Check Card for payment at any VISA Merchant Worldwide. VISA transactions require your signature as authorization. When making a Purchase in this manner, you present your VISA Check Card like any other VISA Card and a hold will be placed on the funds in your Primary checking account and any available balance in your Ready Cash Account line of credit that may be necessary to cover the transaction. The hold will be in the amount of the transaction request that has been submitted by the VISA Merchant for authorization. For certain transactions conducted outside of the United States, it may take up to seven (7) business days to post the transaction to your account. Any Purchase refund made by a Merchant will be posted to your Primary account.
B. Purchases made with your ATM Card. You may use the CARD with your PIN at any retail establishment ("Merchant") where STAR is accepted to purchase goods and services and/or obtain cash where permitted by the Merchant ("Purchase"). The amount of all such Purchases (including any cash obtained, if permitted) can only be deducted from your Primary Transaction account. When you make a Purchase using the CARD, you will be requesting us to withdraw funds from your selected Primary Transaction account in the amount of the Purchase and directing or ordering us to pay these funds to such Merchant.
5. LIMITATIONS ON YOUR ATM CARD.
Settlement Day Limits
| Card | Withdraw | Purchases | Combined |
| VISA | 300 | 2,000 | 2,300 |
| ATM | 300 | 300 | 600 |
This is subject to the funds being available from one or a combination of your accounts for ATM withdrawals by using your CARD or funds being available in your Primary transaction account in the case of making purchases. The time of day for withdrawal and purchase limits starts at 3:00 p.m. each business day and ends at 3:00 p.m. the next business day. Weekends, including three-day holidays, are considered "one business day". There are also certain limitations on the frequency of use of the CARD each business day. These limitations are imposed for security purposes. However, these limitations are not revealed for security reasons.
You will be denied the use of the CARD if you exceed the daily withdrawal or purchase limit, if you do not have adequate funds available in your account, you do not enter the correct PIN, or you exceed the frequency of usage limitation. The receipt provided by the STAR, PLUS or HONOR ATM or Merchant (Purchase) terminal will notify you of the denial. There is a limit on the number of such denials permitted. Attempts to exceed the limit will result in STAR retention of your CARD. The number of attempts that result in STAR retention is not revealed for security reasons.
6. HOW TO CONTACT THE BANK.
If you believe your CARD or your PIN has been lost or stolen or that an unauthorized transfer or purchase from any of your accounts has occurred or may occur, please contact THE FIRST NATIONAL BANK OF ELMER immediately by calling or writing to:
The First National Bank of Elmer
ATTN: VISA Check/ATM Department
10 South Main Street
PO Box 980
Elmer NJ 08318-0980
856-358-8141
Monday through Friday 8:30 AM - 4:30 PM EST
AFTER NORMAL BUSINESS HOURS FOR LOST OR STOLEN VISA CHECK CARDS ONLY CALL:
1-800-472-3272
You will need to apply for a new CARD and a "hold" will be placed on your old card. After such time, if you find your old card, you must notify us and return your old card to us. If you attempt to use your old card it will be captured and retained by the STAR, PLUS or HONOR SYSTEM ATM.
If you notice unauthorized transactions on your statement, or if you think a statement or receipt is wrong or if you need more information about a Purchase listed on a statement or receipt, call 856-358-8141 between the hours of 8:30 AM and 4:30 PM EST, Monday through Friday, excluding Bank holidays, or immediately write to VISA Check/ATM Department, The First National of Elmer. PO Box 980, Elmer, NJ 08318-0980.
7. CHARGES FOR TRANSACTIONS.
We reserve the right to change our fee schedule from time to time and to charge your account in accordance with the fee schedule that will be provided to you at least twenty-one (21) days prior to assessment or change in assessment. In addition to fees charged by us owners of certain ATMs may charge a fee for certain transactions at their ATM.
8. DEPOSIT INFORMATION.
Deposits made at STAR ATM's are posted to your account(s) according to the rules and regulations of those account(s). All deposited items are removed from our ATMs before 3:00 PM each business day.
The First National Bank of Elmer reserves the right to collect the items so deposited before such funds are made available to you under our funds availability policy which are contained in our disclosure statement required under the Expedited Funds Availability Act. A copy is available on request. However, our present policy allows you to withdraw up to the amount deposited or $300.00, whichever is less.
You may deliver cash, checks and other items at STAR ATM's for transmission to us for deposit to your account(s). Foreign currency is not permitted to be deposited.
9. RECORD OF TRANSACTION.
You will receive a printed receipt for each STAR, PLUS, HONOR ATM transaction or VISA Purchase transaction, which you make at the time of the transaction. You will receive a monthly statement showing the status of your account(s), transactions made during the past month, and any charges, which we may impose, for such services or transactions.
10. LIABILITY FOR UNAUTHORIZED TRANSFERS.
CONTACT US IMMEDIATELY if you believe your CARD or PIN has been lost or stolen. Telephoning us at The First National Bank of Elmer's phone number is the best way of keeping your losses to a minimum. You could lose all your money in the account(s) if you take no action to notify us of the loss of your CARD or PIN. If you notify us of the loss, your liability will be as follows:
a) If you contact us within two business days of the loss or your discovery of the loss, you can lose no more than $50.00 if someone used your CARD and PIN without your permission.
b) If someone used your CARD and PIN without your permission, you could lose as much as $500 if you do NOT contact us within two business days after you learn of the loss and we can prove that we could have prevented the loss if you had contacted us.
c) Also, if your monthly statement shows transfers or Purchases that you did not make and you do not contact us within 60 days after the statement was mailed to you, you may not get back any money lost after the 60 days, if we can prove that your contacting us would have prevented those losses.
d) You liability will be Zero on Check Card transactions at merchants displaying the VISA logo. Transactions not covered by this limitation will be ATM or PIN-based transactions not processed by VISA.
11. BUSINESS DAYS.
Our business days are Monday through Friday. Holidays are not included.
12. IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR TRANSACTIONS
Telephone us at 856-358-8141 from 8:30 AM - 4:30 PM EST or write us at:
The First National Bank of Elmer
ATTN: VISA Check/ATM Department
10 South Main Street
PO Box 980
Elmer NJ 08318-0980
Contact us as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transaction listed on the statement or receipt. We must hear from you no later than 60 days after we sent you the FIRST statement on which the problem or error appeared. You must provide us with the following:
a) Tell us your name, account number and CARD number.
b) Describe the error or the transaction you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information, and
c) Tell us the dollar amount of the suspected error.
If you tell us orally, we require that you send us your complaint or question in writing within 10 business days. We will tell you the results of our investigation within 10 business days for STAR, PLUS SYSTEM or a Purchase transaction. We will correct any error promptly. If we need more time, however, we may take up to 45 days for STAR, PLUS or HONOR transactions or 90 days for Purchase or international transactions to investigate your complaint or question.
If we decide to do this, we will re-credit your account within 10 business days if it is a STAR, PLUS SYSTEM or a Purchase transaction for the amount you think is in error. This is so that you will have the use of the money during the time it takes us to complete our investigation. If we do not receive your complaint or questions in writing within 10 business days from your oral notification, we may not re-credit your account.
If we decide that there is no error, we will send you a written explanation within three business days after we finish our investigation. You may ask for copies of the documents that we used in our investigation. If we credit your account with funds while investigating an error, you must repay those funds to us if we conclude no error has occurred.
13. DISCLOSURE OF ACCOUNT INFORMATION.
We will disclose information about your account or the transactions you make to third parties:
a) Where it is necessary to complete transactions;
b) To verify the existence and standing of your account with us upon the request of a third party, such as a credit bureau;
c) To comply with government agency or court orders;
d) In accordance with your written permission;
e) In order to comply with government or administrative agency summonses, subpoenas or orders, or court orders; and
f) On receipt of certification from a federal agency or department that a request for information is in compliance with the Right to Financial Privacy Act of 1978.
14. LIABILITY FOR FAILURE TO COMPLETE AN ELECTRONIC FUNDS TRANSFER TRANSACTION.
If we fail to complete a transaction on time or in the correct amount, when properly instructed by you, we will be liable for damages caused by our failure unless:
a) There are insufficient funds in your account to complete the transaction through no fault of ours;
b) The funds in your account are uncollected;
c) The funds in your account are subject to legal process;
d) The transaction you request would exceed the funds in your account plus any available overdraft credit
e) The STAR, PLUS or HONOR ATM has insufficient cash to complete the transaction;
f) Your card has been reported lost or stolen and you are using the reported card;
g) We have a reason to believe that the transaction requested is unauthorized;
h) The failure is due to an equipment breakdown which you knew about when you started the transaction at the STAR, PLUS or HONOR ATM or Merchant terminal
i) The failure was caused by an act of God, fire or other catastrophe, or by an electrical or computer failure or by another cause beyond control;
j) You attempt to complete a transaction at a STAR, PLUS or HONOR ATM or Merchant terminal which is not a permissible transaction listed above, or
k) The transaction would exceed security limitations on the use of your CARD.
In any case, we shall only be liable for actual proven damages if the failure to make the transaction resulted from a bona fide error despite our procedures to avoid such errors.