You must click on "I Accept"
at the bottom of this page to proceed with enrollment.
These terms and conditions
constitute the agreement ("Agreement") between you and Security
Bank and Trust Company, Miami, Oklahoma ("Bank") with respect to
the Online Banking Services you receive from Security Bank and
Trust Company. Your use of the Online Banking Service
("Service") constitutes your agreement to be bound by the terms
of this Agreement. In this Agreement, the words "you" and
"yours" mean each person who applied for the Service, and the
terms "us" and "we" mean the Bank.
Online Banking Service
By applying for the Service, you authorize the Bank to provide
information regarding your accounts with the Bank and to follow
your instructions in the use of the Service.
You may use your account number and Password to access the
Service and to transfer funds between your accounts via the
Bank’s Internet Web Site.
You should print and retain a copy of this Agreement for your
records. You agree that e-mail or other electronic
communications viewed or transmitted between us through the
Internet Banking Services shall be treated as "writing" and
shall bind each of us in the same way as a written
communication. Unless otherwise provided under applicable law,
any electronic communication you send to us will not be
effective until we receive it and have had a reasonable
opportunity to act on it.
Contacting the Bank by Electronic Mail (e-mail):
If you send the Bank an e-mail message, the Bank will be deemed
to have received it on the following business day. The Bank will
have a reasonable time period to act on your e-mail. You should
not rely on e-mail if you need to communicate with the Bank
immediately. We request that you do not send us or request
sensitive information (such as account numbers, passwords,
account information, etc.) via any e-mail system. If you wish to
contact us electronically, please use the "Contacting Us" link
located in the Questions and Answers section of the Online
Internet Banking.
Password and Security
You agree not to give or make available your Online Password to
any unauthorized individuals. If you believe that your Password
has been lost or stolen or that someone may attempt to use the
Service without your consent or has transferred money without
your permission, you must notify the Bank at once by calling an
Customer Service at 1-918-542-6661 or 1-888-330-6419 or writing
to us at the address listed below under Errors and questions.
Customer service personnel are available during regular business
hours.
Your Liability For Unauthorized Transfers
If you tell us within two (2) business days after you discover
your Password has been lost or stolen, you can lose no more than
$50.00 if someone uses your Password without your permission. If
you do not tell us within two (2) business days after you learn
of the loss or theft of your Password, and we can prove that we
could have stopped someone from using your Password without your
permission if you had told us, you could lose as much as
$500.00. If your monthly statement contains transfers that you
did not make, tell us at once. If you do not tell us within
sixty (60) days after the statement was mailed to you, you may
lose any amount transferred without your authorization, after
the sixty (60) days period, if we can prove that we could have
stopped someone from making the unauthorized transfer if you had
told us on time. If a good reason (such as a long trip or a
hospital stay) prevented you from telling us, we may extend the
period.
You will be liable for unauthorized Internet Banking
transactions from your deposit account to the extent allowed by
applicable federal and state law and this Agreement.
Errors and Questions
In case of errors and questions about your electronic transfers,
you should contact us as soon as you can by:
1. Telephoning us at:
1-888-330-6419 or 1-918-542-6661 (during regular
business hour)
2. Writing us at:
Security Bank and Trust Company
Online Banking Service
P.O. Box 880 - 2 South Main Street
Miami, OK 74355-0880
3. Email: Logon to Online Banking and click Contact Us.
If you think that your statement is wrong or you need more
information about a transfer listed on the statement, you must
notify us no later than sixty (60) days after you received the
first statement on which the problem or error appeared.
You must:
Tell us your name and account number;
Describe the error or the transfer 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
Tell us the dollar amount of the suspected error.If you tell us orally, we may require that you send your
complaint in writing within ten (10) business days. Except as
noted below, we will determine whether an error occurred within
10 business days after we hear from you and will correct any
error promptly. If we need more time, however, we may take up to
45 days to investigate your complaint or question. If we decide
to do this, we will credit your account within 10 business days
for the amount you think is in error, so that you will have the
use of the money during the time it takes us to complete our
investigation. If we ask you to put your complaint or question
in writing and we do not receive it within 10 business days, we
may not credit your account.
Special Rules for New Customers — If you are a new customer, for
transfers occurring within 30 days after the first deposit in
your account, we will determine if an error occurred within 20
business days after we hear from you. However, if needed, we may
take up to 90 days to investigate your complaint or question. If
we decide to do this, we will credit your account within 20
business days for the amount you think is in error so that you
will have the use of the money while we complete our
investigation.
We will tell you the results within three business days after
completing our investigation. If we decide that there was no
error, we will send you a written explanation. You may ask for
copies of the documents that we used in our investigation.
Disclosure of Account Information to Third Parties
We will disclose information to third parties about your account
or the transfers you make only in the following situations: Where it is necessary for completing transfers
In order to verify the existence and condition of your
account for a third party, such as a credit bureau or merchant
In order to comply with a governmental agency or court orders
If you give us your written permission
Fees and Charges
You will not be charged a fee for the use of the Service. For
other charges applicable to your deposit account, refer to your
product brochure. Documentation of Transfers
You will get a monthly account statement. However, with respect
to a savings account, if there are no electronic funds transfers
in a particular month, you may not get a statement monthly but
you will get a statement at least quarterly.
Limitations on Transfers
Federal regulations require limitations on the frequency of
preauthorized and "telephone transfers" from savings accounts
and money market deposit accounts. ("Telephone transfers" as
used in this paragraph refers to transfers initiated through
Online Banking, Online Bill-Pay, and those initiated by
telephoning the Bank and instructing Bank personnel to transfer
funds from your savings or money market deposit accounts.)
Withdrawals are limited as follows on these accounts and are
restricted to a total of six (6) per month: (i) third-party
checks, drafts, or Online Bill-Pay transactions (of which there
may be no more than three (3) per month); (ii) preauthorized
transfers (through an automated clearing house or otherwise);
(iii) telephone transfers (as described above) and (iv) wire
transfers.
Business Days
Our business days are Monday through Friday. Holidays are not
included.
Liability for Failure to Make Transfers
If we do not complete a transfer to or from your account on time
or in the correct amount according to our Agreement with you, we
will be liable for your losses or damages. However, there are
some exceptions to this liability. For instance, we will not be
liable in the following circumstances: If through no fault of ours, you do not have enough funds in
your account to make the transfer, or the transfer would exceed
the credit limit on any overdraft line associated with the
account;
The equipment or software used by the Bank to provide the
Service was not working properly and you knew or were advised by
the Bank about the malfunction before you executed the
transaction;
Circumstances beyond our control (such as, but not limited
to, fire, flood, or interference from an outside force) prevent
the proper execution of the transaction despite the reasonable
precautions we have taken;
You have reported your Password as lost or stolen;
Your Service has been cancelled;
If the funds in your account are unavailable because of
garnishment, levy, or other hold requirements imposed upon us by
law or by a government agency or court orders. Alterations and Amendments
The terms of this Agreement, applicable fees and service charges
may be altered or amended by the Bank from time to time. In such
event, the Bank will post the amended terms or conditions on the
Frequently Asked Questions Screen on the Web Site. Any use of
the Service after the Bank posts the change will constitute your
agreement to such change(s). Further, the Bank may from time to
time revise or update the programs, and/or related material
which may render all such program versions obsolete.
Consequently, the Bank reserves the right to terminate this
Agreement as to all such prior versions of the Service, and/or
related material and limit access to the Bank’s more recent
revisions and updates of the Service.
Termination or Discontinuation
In the event you wish to discontinue the Service, you must
contact the Bank in writing. Written notice of service
discontinuance must be supplied ten (10) days prior to the
actual discontinuation date and must be sent to:
Security Bank and Trust Company
Online Banking Service
P.O. Box 880 – 2 South Main Street
Miami, OK 74355-0880
The Bank may terminate use of the Service by any individual at
any time. Neither termination nor discontinuation shall affect
your liability or obligation under this Agreement.
Disputes Termination of this Agreement or any Internet Banking
Service:
You are responsible for complying with all the terms of this
Agreement and with all other terms and conditions governing your
Online Accounts. We can terminate any or all of your electronic
banking privileges under this Agreement without notice to you
if:
1. You do not pay any fee required by this Agreement when due,
or
2. You do not comply with the agreement governing your deposit
or loan accounts or your accounts are not maintained in good
standing, or
3. We believe that immediate termination of any or all of the
Services is necessary to protect the security or integrity of
the Bank’s system or your account(s), or
4. You have not accessed the Internet Banking Services for at
least 90 days.
We can terminate this Agreement or your use of any Services
under it for any other reason, provided we give you 10 days
prior notice of our decision to do so.
You may also cancel the Internet Banking Services at any time.
To cancel, you must notify the Bank and provide your name,
address and the effective date to stop the Services. You may
notify the Bank by:
1. Telephoning the Online Internet Banking Department at
(918)542-6661 or (888) 330-6419 or by
2. Writing to us at:
Security Bank and Trust Company
Online Internet Banking Department
PO Box 880 - 2 South Main St.
Miami, OK 74355-0880
The Bank’s Business Days:
The Bank’s business days are Monday through Friday, excluding
weekends and federal bank holidays.
Amendments:
This Agreement may be amended from time to time by the Bank or
by mutual agreement of you and the Bank. The Bank shall give you
notice of any amendment made by the Bank unilaterally, which
notice may be provided electronically or in writing. Any
amendment agreed to by the Bank and the Customer shall be
expressed in a written agreement signed or otherwise
acknowledged by both parties.
In the event of a dispute regarding the Service, you and the
Bank agree to resolve the dispute by looking to this Agreement.
You agree that this Agreement is the complete and exclusive
statement of the agreement between you and the Bank which
supercedes any prior agreement, oral or written, and any other
communications between you and the Bank relating to the subject
matter of this Agreement, except to the extent that this
Agreement may be subsequently modified by the Bank posting
additional terms and conditions on the Web Site as described
under the Alterations and Amendments section of this Agreement
above. If there is a conflict between what a Bank employee says
and the terms of this Agreement, the terms of this Agreement
shall control.
Assignment
You may not assign this Agreement to any other party. The Bank
may assign this Agreement at any time to an affiliated company.
The Bank may also assign or delegate certain of its rights and
responsibilities under this Agreement to independent contractors
or other third parties.
No Waiver
The Bank shall not be deemed to have waived any of its rights or
remedies hereunder unless such waiver is in writing and signed
by the Bank. No delay or omission on the part of the Bank in
exercising any rights or remedies shall operate as a waiver of
such rights or remedies or any other rights or remedies. A
waiver on any one occasion shall not be construed as a bar or
waiver of any rights or remedies on future occasions.
Captions
The captions of Sections hereof are for convenience only and
shall not control or affect the meaning or construction of any
of the provisions for this Agreement.
Governing Law
This Agreement shall be governed by and construed in accordance
with the laws of the State of Oklahoma, without regard to its
conflicts of law provisions.
