Rewards Checking Account

The interest rate(s) and annual percentage yield(s) stated below are accurate as of . If you would like more current rate and yield information, please call us at 309.526.8011. The interest rates and annual percentage yields may change at any time.

Rate information - At our discretion, we may change the interest rates for this account.

*Please refer to our Rewards Checking Calendar located on our website at www.bankorion.com for the statement cycle beginning and ending dates.

**Transactions are defined as posted and cleared once the description on your account history displays as "Debit Card Debit" or "POS Payment".

TISA DISCLOSURE

IL/1 21.021.05224 Wolters Kluwer Financial Services -2000, 2021 Bankers Systems* Page 1

Your Ability To Withdraw Funds

This policy statement applies to all deposit accounts.

Our policy is to make funds from your cash, check, and electronic direct deposits available to you on the same day we receive your deposit at any of our branch locations. At that time, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. Please be advised that deposits made at ATMs have a different availability time frame. Please review the Deposits at Automated Teller Machines section for further details.

Please remember that even after we have made funds available to you and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit.

For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 3:00 p.m. on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 3:00 p.m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open. If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your accounts. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it.

If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited.

Longer Delays May Apply

Case-By-Case Delays - In some cases, we will not make all of the funds that you deposit by check available to you on the same day we receive your deposit. Depending on the type of check that you deposit, funds may not be available until the second business day after the day of your deposit. The first $225 of your deposits, however, will be available on the same day we receive your deposit.

If we are not going to make all of the funds from your deposit available on the same day we receive your deposit, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit.

If you will need the funds from a deposit right away, you should ask us when the funds will be available.

Safeguard Exceptions - In addition, funds you deposit by check may be delayed for a longer period under the following circumstances:

• We believe a check you deposit will not be paid.
• You deposit checks totaling more than $5,525 on any one day.
• You redeposit a check that has been returned unpaid.
• You have overdrawn your account repeatedly in the last six months.
• There is an emergency, such as failure of computer or communications equipment.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the seventh business day after the day of your deposit.

Deposits at Automated Teller Machines

Funds from any deposits (cash or checks) made at automated teller machines (ATMs) we own or operate will be available on the second business day after the day of deposit, except that U.S. Treasury checks that are payable to you will be available on the first business day after the day of deposit. Also, the first $200 of a deposit made at ATMs we own or operate will be available on the same day of deposit. All ATMs that we own or operate are identified as our machines.

Special Rules for New Accounts

If you are a new customer, the following special rules will apply during the first 30 days your account is open.

Funds from electronic direct deposits to your account will be available on the day we receive the deposit. Funds from deposits of cash, wire transfers, and the first $5,525 of a day's total deposits of cashier's, certified, teller's, traveler's, and federal, state and local government checks will be available on the same day as the day of your deposit, if the deposit meets certain conditions. For example, the checks must be payable to you (and you may have to use a special deposit slip). The excess over $5,525 will be available on the ninth business day after the day of your deposit. If your deposit of these checks (other than a U.S. Treasury check) is not made in person to one of our employees, the first $5,525 will not be available until the second business day after the day of your deposit.

Funds from all other check deposits will be available on the ninth business day after the day of your deposit.

Electronic Fund Transfers - Your Rights and Responsibilities 

Indicated below are types of Electronic Fund Transfers we are capable of handling, some of which may not apply to your account. Please read this disclosure carefully because it tells you your rights and obligations for the transactions listed. You should keep this notice for future reference.

Health Savings Accounts (HSA) - Health Savings Accounts (HSA). We permit you (as described below) to access your HSA with a card. This service is offered for the convenience of managing your HSA. However, electronically accessing your HSA - for example, getting additional cash back on an HSA debit card transaction - can raise a variety of tax concerns. As a result, before electronically accessing your HSA make sure you are using the correct card. Also, it is your responsibility to ensure the contributions, distributions, and other actions related to your HSA, comply with the law, including federal tax law. As always, we recommend consulting a legal or tax professional if you have any questions about managing your HSA. The terms of this disclosure are intended to work in conjunction with the HSA Agreement provided to you earlier. In the event of a conflict, the terms of the HSA Agreement control. You understand that your HSA is intended to be used for payment of qualified medical expenses. It is your responsibility to satisfy any tax liability resulting from use of your HSA for any purpose other than payment or reimbursement of qualified medical expenses. We do not monitor the purpose of any transaction to or from your HSA. Nor are we responsible for ensuring your eligibility for making contributions or ensuring withdrawals are used for payment or reimbursement of qualified medical expenses. Refer to your HSA Agreement for more information relating to the use of your HSA.

Electronic Fund Transfers Initiated By Third Parties - You may authorize a third party to initiate electronic fund transfers between your account and the third party's account. These transfers to make or receive payment may be one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearing House (ACH) or other payments network. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check to an electronic fund transfer or to electronically pay a returned check charge can occur when a merchant provides you with notice and you go forward with the transaction (typically, at the point of purchase, a merchant will post a sign and print the notice on a receipt). In all cases, these third-party transfers will require you to provide the third party with your account number and financial institution information. This information can be found on your check as well as on a deposit or withdrawal slip. Thus, you should only provide your financial institution and account information (whether over the phone, the Internet, or via some other method) to trusted third parties whom you have authorized to initiate these electronic fund transfers. Examples of these transfers include, but are not limited to:

Preauthorized credits - You may make arrangements for certain direct deposits to be accepted into your checking, savings or money market accounts.

Preauthorized payments - You may make arrangements to pay certain recurring bills from your checking or money market accounts.

Electronic check conversion - You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to pay for purchases or pay bills.

Electronic returned check charge - You may authorize a merchant or other payee to initiate an electronic funds transfer to collect a charge in the event a check is returned for insufficient funds.

VISA Debit Card ATM transactions - types of transactions - You may access your account(s) by ATM using your VISA Debit Card and your personal identification number (PIN) (as applicable) to:

• deposit funds to checking or savings
• withdraw cash from checking or savings
• transfer funds from any checking and savings account to any checking and savings account
• make payments from any checking and health savings account to third party
• get balance information about checking or savings

Some of these services may not be available at all terminals.

VISA Debit Card point-of-sale transactions - types of transactions - You may access your checking account(s) using your VISA Debit Card to do transactions that participating merchants will accept, including:

• purchase goods in person, by phone, or online
• pay for services in person, by phone, or online
• get cash from a participating merchant or financial institution
• Currency Conversion and International Transactions - When you use your VISA Debit Card at a merchant that settles in currency other than US dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to determine the transaction amount in US dollars is either a rate selected by VISA from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate VISA itself receives, or the government-mandated rate in effect for the applicable central processing date, in each instance, plus or minus any adjustment determined by the issuer. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting date.

Advisory Against Illegal Use - You agree not to use your VISA Debit Card for illegal gambling or other illegal purposes. Display of a payment card logo by, for example, an online merchant does not necessarily mean that transactions are lawful in the jurisdiction in which you may be located.

Online Banking - types of transfers - You may access your accounts at www.bankorion.com and using your User ID and Password to:

• transfer funds from any checking, savings or money market account to any checking, savings or money market account
• make payments from any checking, savings or money market account to any loan account
• get balance information about checking, savings, certificate of deposit, line of credit or money market and loan accounts
• get transaction history about checking, savings, certificate of deposit, line of credit or money market and loan accounts

Online Bill Pay - types of transfers -

You may access this service by computer at www.bankorion.com and using your User ID and Password. You may access this service to:

• make payments from your checking account(s) to any participating merchant. (Some payments made by paper check will not be subject to this Electronic Fund Transfers disclosure, as disclosed separately.)
• Person to Person payments allows you to send money to anyone from your checking account regardless of where they bank, using only their email address or mobile phone number. You can also receive money directly into your checking account. A transaction fee will apply.

Limits and fees - Please refer to our fee disclosure for information about fees and limitations that may apply to these electronic fund transfers.

ATM Operator/Network Fees - When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer).

Documentation

Terminal transfers - You can get a receipt at the time you make a transfer to or from your account using an automated teller machine or point-of-sale terminal. However, you may not get a receipt if the amount of the transfer is $15 or less.

Preauthorized credits - If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company:

• the person or company making the deposit will tell you every time they send us the money.
• you can call us at 309.526.8011 to find out whether or not the deposit has been made.

Periodic statements - You will get a monthly account statement from us for your checking and money market account(s).

You will get a quarterly account statement from us for your savings account(s), if the only possible electronic transfers to or from the account are preauthorized credits.

You will get a monthly account statement from us for your savings account account(s), unless there are no transfers in a particular month. In any case, you will get a statement at least quarterly.

Preauthorized Payments

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.

Notice of varying amounts - If these regular payments may vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.)

Liability for failure to stop payment of preauthorized 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 do so, we will be liable for your losses or damages.

Financial Institution's Liability

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:

1. If, through no fault of ours, you do not have enough money in your account to make the transfer.
2. If you have an overdraft line and the transfer would go over the credit limit.
3. If the automated teller machine where you are making the transfer does not have enough cash.
4. If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
5. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.
6. There may be other exceptions stated in our agreement with you.

Confidentiality

We will disclose information to third parties about your account or the transfers you make:

1. where it is necessary for completing transfers; or
2. in order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; or
3. in order to comply with government agency or court orders; or
4. if you give us written permission.

Unauthorized Transfers

(a) Consumer liability. Tell us AT ONCE if you believe your card and/or code has been lost or stolen or if you believe that an electronic fund transfer has been made without your permission using information from your check. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit). If you tell us within two business days after you learn of the loss or theft of your card and/or code, you can lose no more than $50 if someone used your card and/or code without your permission.

If you do NOT tell us within two business days after you learn of the loss or theft of your card and/or code, and we can prove we could have stopped someone from using your card and/or code without your permission if you had told us, you could lose as much as $500.

Also, if your statement shows transfers that you did not make, including those made by card, code or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time.

If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time period. Additional Limits on Liability for VISA ATM/Check Card when used for point-of-sale transactions:

Unless you have been grossly negligent or have engaged in fraud, you will not be liable for any unauthorized transactions using your lost or stolen Visa debit card. This additional limit on liability does not apply to ATM transactions outside of the U.S., to ATM transactions not sent over Visa or Plus networks, or to transactions using your Personal Identification Number which are not processed by Visa. (Visa is a registered trademark of Visa International Service Association.)

(b) Contact in event of unauthorized transfer. If you believe your card and/or code has been lost or stolen, call or write us at the telephone number or address listed in this disclosure. You should also call the number or write to the address listed in this disclosure if you believe a transfer has been made using the information from your check without your permission.

Error Resolution Notice

In Case of Errors or Questions About Your Electronic Transfers, Call or Write us at the telephone number or address listed in this disclosure, as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared.

1. Tell us your name and account number (if any).
2. 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.
3. Tell us the dollar amount of the suspected error.

If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days.

We will determine whether an error occurred within 10 business days (5 business days if the transfer involved a point-of-sale transaction and 20 business days if the transfer involved a new account) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days (90 days if the transfer involved a new account, a point-of-sale transaction, or a foreign-initiated transfer) to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days (5 business days if the transfer involved a point-of-sale transaction and 20 business days if the transfer involved a new account) 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. Your account is considered a new account for the first 30 days after the first deposit is made, unless each of you already has an established account with us before the account is opened.

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. If you have inquiries regarding your account, please contact us at:

BankORION

Loss Investigations

1114 4th St

PO Box 9

Orion, IL 61273

BUSINESS DAYS: Monday, Tuesday, Wednesday, Thursday and Friday

Holidays are not included.

PHONE: .877.526.8011

Notice Of ATM/Night Deposit Facility User Precautions

As with all financial transactions, please exercise discretion when using an automated teller machine (ATM) or night deposit facility. For your own safety, be careful. The following suggestions may be helpful.

1. Prepare for your transactions at home (for instance, by filling out a deposit slip) to minimize your time at the ATM or night deposit facility.
2. Mark each transaction in your account record, but not while at the ATM or night deposit facility. Always save your ATM receipts. Don't leave them at the ATM or night deposit facility because they may contain important account information.
3. Compare your records with the account statements you receive.
4. Don't lend your ATM card to anyone.
5. Remember, do not leave your card at the ATM. Do not leave any documents at a night deposit facility.
6. Protect the secrecy of your Personal Identification Number (PIN). Protect your ATM card as though it were cash. Don't tell anyone your PIN. Don't give anyone information regarding your ATM card or PIN over the telephone. Never enter your PIN in any ATM that does not look genuine, has been modified, has a suspicious device attached, or is operating in a suspicious manner. Don't write your PIN where it can be discovered. For example, don't keep a note of your PIN in your wallet or purse.
7. Prevent others from seeing you enter your PIN by using your body to shield their view.
8. If you lose your ATM card or if it is stolen, promptly notify us. You should consult the other disclosures you have received about electronic fund transfers for additional information about what to do if your card is lost or stolen.
9. When you make a transaction, be aware of your surroundings. Look out for suspicious activity near the ATM or night deposit facility, particularly if it is after sunset. At night, be sure that the facility (including the parking area and walkways) is well lighted. Consider having someone accompany you when you use the facility, especially after sunset. If you observe any problem, go to another ATM or night deposit facility.
10. Don't accept assistance from anyone you don't know when using an ATM or night deposit facility.
11. If you notice anything suspicious or if any other problem arises after you have begun an ATM transaction, you may want to cancel the transaction, pocket your card and leave. You might consider using another ATM or coming back later.
12. Don't display your cash; pocket it as soon as the ATM transaction is completed and count the cash later when you are in the safety of your own car, home, or other secure surrounding.
13. At a drive-up facility, make sure all the car doors are locked and all of the windows are rolled up, except the driver's window. Keep the engine running and remain alert to your surroundings.
14. We want the ATM and night deposit facility to be safe and convenient for you. Therefore, please tell us if you know of any problem with a facility. For instance, let us know if a light is not working or there is any damage to a facility. Please report any suspicious activity or crimes to both the operator of the facility and the local law enforcement officials immediately.

Other Terms

ACH Provisional Payment Disclosure

Credit given by BankORION to your account with respect to an automated clearing house credit entry is provisional until BankORION receives final settlement for such entry through a Federal Reserve Bank. If BankORION does not receive such final settlement, you are hereby notified and agree that BankORION is entitled to a refund of the amount credited to your account in connection with such entry, and the party making payments to your account via such entry (i.e., the originator of the entry shall not be deemed to have paid your account in the amount of such entry).

Notice Disclosure

Under the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account, BankORION is not required to give next day notice of receipt of an ACH item and we will not do so. However, BankORION will continue to notify you of the receipt of payments in the periodic statements we provide to you.

Choice of Law Disclosure

BankORION may accept on your behalf payments to your account which have been transmitted through one or more Automated Clearing Houses (ACH) and which are not subject to the Electronic Funds Transfer Act and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state of New York as provided by the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account.

MORE DETAILED INFORMATION IS AVAILABLE ON REQUEST

REG E DISCLOSURE IL/1 21.021.05238

WOLTERS KLUWER FINANCIAL SERVICES ©2000, 2024 Bankers Systems^TM 

Common Features

Limits and fees - The following fees may be assessed against your account and the following transaction limitations, if any, apply to your account:

VISA Debit Card daily cash withdrawal and purchase limits
The VISA Debit Card cash withdrawal limit is $525.00 per day when the system is online ($200.00 when the system is offline) and the purchase limit is $2,000.00 per day ($400.00 when the system is offline).

Replacement of VISA Debit Card	$10.00 per card
Rushed Replacement of VISA Debit Card	$75.00 per card
Instant Issue VISA Debit Card	$15.00 per card

Foreign ATM Withdrawal Fee
A foreign ATM withdrawal fee of $2.00 applies to each withdrawal in excess of four per statement cycle at ATMs we do not operate.
The foreign ATM withdrawal fee applies to Demand Deposit (Checking) Accounts, NOW Accounts, Super NOW Accounts, Statement Savings Accounts, and Money Market Accounts.

Recurring Transfer Fee - ACH Debit or Credit to another financial institution	$5.00 per transfer
Check Printing	Fee depends on the style of check ordered.
Statement savings deposit and withdrawal ticket printing	Fee depends on type of package ordered.
Cashing non-customer check per item	$5.00
Cashier's Check	$5.00
Money Order	$5.00
Gift Card Fee	$4.95

Overdraft Fees

The overdraft fee, the large overdraft surcharge, the nonsufficient funds (NSF) fee, the continuous overdraft fee, and the BillPay NSF fee applies to overdrafts created by check, in-person withdrawal, ATM withdrawal, deposited checks returned unpaid, automatic payments including but not limited to loan payments and safe deposit box payments, automatic transfers between deposit accounts or other electronic means.

Overdraft Fee (each item paid)	$30.00
Overdraft Fee (maximum charge per day)	$150.00
Large overdraft surcharge - The large overdraft surcharge for overdrafts of $1,000.00 to $4,999.99 is $25.00. The large overdraft surcharge for overdrafts of $5,000.00 or more is $50.00.	$25.00-$50.00
Nonsufficient funds (NSF) fee (Return Check Chrg - each time an item is returned unpaid) Please note if an item is submitted and returned multiple times a NSF fee will be assessed each time the item is returned.	$30.00
Nonsufficient funds (NSF) maximum charge per day	$150.00
Continuous overdraft fee - A fee of $20.00 will be assessed on the 6th calendar day of a continuous overdraft account balance, and a fee of $20.00 will be assessed each 5 calendar days thereafter until the overdraft is paid.	$20.00
Returned Deposit Item for Consumer Accounts	$10.00
BillPay NSF fee (each item returned unpaid) (No limit on per day charges.)	$30.00
Merchant Return Check Fee - This fee applies only to commercial demand deposit accounts. The fee will be charged for each deposited item that is returned for nonsufficient funds after a second attempt to collect the item is made.	$10.00 per item
Account Research per hour	$25.00
Account Balancing Assistance per hour (minimum one hour charge)	$25.00
Account Activity Printout	$2.00
Telephone Transfer	$5.00
BillPay - Commercial Internet Banking - monthly fee	$10.00
Commercial Mobile Deposit - transaction fee (greater than 10 per month)	$1.00 per transaction
Stop payment order (all items) - Customer must sign and return the stop payment agreement within 14 days after contacting the bank.	$30.00
Revoke authorized ACH debit	$30.00
Revoke unauthorized ACH debit	No charge
Incoming wire transfer fee	$25.00
Outgoing wire transfer fee (if transfer will be initially processed through a U.S. bank)	$25.00
Outgoing wire transfer fee (if transfer will not be initially processed through a U.S. bank)	$50.00
Garnishments	$75.00
Levies	$75.00
Incoming fax	$1.00 per page
Outgoing fax	$2.00 per page
Photocopies	$.25 per copy
Safe deposit box fees (annual rental fee is based on size of box)	$40.00 to $100.00
Safe deposit box key replacement	$20.00
Drill and replace safe deposit box lock (Fee is based on lock technician actual charges.)	Minimum charge -  $150.00
Safe deposit box late fee	$10.00
Collection item (not processed through Federal Reserve Banking System)	$20.00

Inactive account fee

The inactive account fee for Demand Deposit (Checking) Accounts, NOW Accounts, Super NOW Accounts, Rewards Checking Accounts, and Money Market Accounts is $5.00 per statement cycle. These accounts are considered inactive if for one year you have made no deposits to or withdrawals from the account and there has been no communication about the account. This fee will apply if the balance in your account is below $250.00 at the end of the statement cycle. The inactive account fee for Statement Savings Accounts is $5.00 per quarterly statement cycle. A Statement Savings Account is considered inactive if for two years you have made no deposits to or withdrawals from the account and there has been no communication about the account. This fee will apply if the balance in your account is below $250.00 at the end of the quarter.

IRA Transfer/Direct Rollover Fee	$25.00
Account Reopen Fee (if account is reopened within 6 months of closure)	$20.00
New Checking Account Closure Fee (if closed within 90 days of account opening)	$20.00
Notary Fee for Non-Customers	$1.00
Night Drop Lost Key fee	$5.00
Night Drop Bag with Lock	$20.00
Night Drop Bag without Lock	$5.00
License Renewal Sticker Fee	$7.50

Terms and conditions