CFB Online Banking definition

CFB Online Banking means our service that allows you to make payments, transfer funds, access accounts, obtain information and perform other transactions over the Internet by use of a personal computer and modem and/or other means we authorize or allow. Should conflicting terms arise between the CFB Online Banking disclosures and the original product account disclosures, the most recent version of the original product account disclosure will take precedence. QUALIFICATIONS To qualify for CFB Online Banking you must:  Be a customer of Community First Bank with open accounts in good standing  Be a resident of the United States IDENTIFICATION NUMBER AND PIN To access our CFB Online Banking service, you will be assigned an identification number and/or other means of access we establish to provide for your CFB Online Banking Customer Account, together with a PIN, which are issued separately. Customers are required to change their PIN numbers upon the initial sign on. Anyone to whom you give your CFB Online Banking identification number and PIN or other means of access will have full access to your accounts even if you attempt to limit that person’s authority. ONLINE BANKING TRANSACTIONS You, or someone you have authorized by giving them your CFB Online Banking identification number and PIN or other means of access (even if that person exceeds your authority), can instruct us to perform the following transactions:  Make transfers between your qualifying accounts to the extent authorized. o Transfer between deposit accounts o Transfer to a loan account/authorizing payment o Advance loan funds on a revolving line of credit o Authorize electronic funds transfers o Authorize stop payments  Obtain information that we make available about your qualifying accounts. o View stop payment list o View transfer list  Obtain other services or perform other transactions that we authorize.  Pay bills from your accounts (if you have BillPay). LIMITS OF CFB ONLINE BANKING TRANSACTIONS You must have enough available money or credit in any account from which you instruct us to make a payment, transfer or pay a bill using BillPay. You may not designate any account that requires more than one signature for withdrawals as an account for use for payments or debits. If any of your qualifying accounts are money market savings accounts, certain types of withdrawals from those accounts, including payments and transfers, are limited in any monthly statement period. Please see our account disclosures for...
View Source

Examples of CFB Online Banking in a sentence

  • Community First Bank reserves the right to change this requirement at any time to maintain the security of our CFB Online Banking products.

  • If you have given someone your CFB Online Banking identification number and password or other means of access and want to terminate that person’s authority, you must change your identification number and password or other means of access or take additional steps to prevent further access by such person.

  • BUSINESS DAYS Our CFB Online Banking service is generally available 24 hours a day, 7 days a week.

  • Community First Bank will send you a Stop Payment Order, which must be signed by you and returned to the bank within 14 days of your submission via CFB Online Banking or your stop payment order will expire.

  • Stop payment orders may only be initiated using CFB Online Banking for checks you have drawn on your accounts.

  • Stop payment orders initiated using CFB Online Banking are considered by us to be oral stop payment requests, which shall only be effective for fourteen (14) days.

  • STATEMENTS Your CFB Online Banking payments and transfers will be indicated on the monthly or quarterly statements we provide or make accessible to you.

  • STOPPING PAYMENT OF CHECKS ON INTERNET BANKING Stop payment orders may be initiated using CFB Online Banking.

  • Your stop payment order requests must include the exact information requested by CFB Online Banking in order to be effective.