Common use of Liability for Failure to Make Transfers Clause in Contracts

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 We will NOT be liable, for instance: • If, through no fault of ours, you do not have enough money in your account to make the transfers. • If the transfer would go over the credit limit on your overdraft line. • If the automated teller machine where you are making the transfer does not have enough cash. • If the terminal or system was not working properly and you knew about the breakdown before you started the transfers. • If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions we have taken. • There may be other exceptions stated in our agreement with you. • If transfer would exceed the credit limit on your equity line of credit. • If the transfer exceeds the six-per month limit on electronic transfers from your Savings account. Stop Payment Procedures • Right to Stop Payment and Procedure for doing so – If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here is how: • Call or write us at the telephone number or address listed in this disclosure in time for us to receive your request three business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call. • Liability for Failure to Stop Payment of Pre-authorized Transfer – If you order us to stop one of these payments three business days or more before the transfer is scheduled, and we do not so, we will be liable for your losses or damages.

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 We will NOT be liable, for instance: • o If, through no fault of ours, you do not have enough money in your account to make the transfers. • o If the transfer would go over the credit limit on your overdraft line. • o If the automated teller machine where you are making the transfer does not have enough cashenoughcash. • o If the terminal or system was not working properly and you knew about the youknew aboutthe breakdown before you started the transfers. • o If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions we have taken. • o There may be other exceptions stated in our agreement with you. • o If transfer would exceed the credit limit on your equity line of credit. • o If the transfer exceeds the six-per month limit on electronic transfers from your Savings account. Stop Payment Procedures • Right to Stop Payment and Procedure for doing so – - If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here is how: • o Call or write us at the telephone number or address listed in this disclosure in time for us to receive your request three business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call. • Liability for Failure to Stop Payment of Pre-authorized Transfer – If you order us to stop one of these payments three business days or more before the transfer is scheduled, and we do not so, we will be liable for your losses or damages.