Grand River Bank Online Banking Access Agreement
This Agreement is a contract that establishes the rules that govern your electronic access to your accounts at Grand River Bank (“the Bank”) through Grand River Bank Online Banking (GRB Online Banking). By using Grand River Bank’s Online Banking Services, including online bill payment through CheckFree, you accept all the terms and conditions of this Agreement. Please read it carefully. You should retain a copy of this Agreement for your records. The terms and conditions of the deposit agreements and disclosures for each of your accounts with the Bank, as well as your other agreements with the Bank, including loans, continue to apply notwithstanding anything to the contrary in this Agreement. If there is a conflict between the terms of your other agreements with the Bank and this Agreement, then the terms of your pre-existing agreements and disclosures will apply. When you use any of the GRB Online Banking Services described in this Agreement, or authorize others to use them, you agree to the terms and conditions of the entire Agreement.
Definitions - As used in this Agreement
|• Account or accounts means your accounts at Bank.||• Memo Post means any item, debit or credit, being presented to Bank for payment during the current business day.
|• Cash Management refers to the Corporate Cash Management features available to customers on GRB Online Banking.||• We, our, us and Bank mean Grand River Bank.|
|• Electronic funds transfers means ATM withdrawals, preauthorized transactions, point of sale transactions and transfers to and from your Bank accounts using GRB Online Banking, including online bill payments.||• You, your, Customer and Company refer to the accountholder authorized by Bank to use GRB Online Banking under this Agreement and anyone else authorized by that accountholder to exercise control over the accountholder's funds through GRB Online Banking.
|• Online Banking Services means the services provided pursuant to this Agreement, including CheckFree Online Bill Payment service.||• GRB is an acronym for Grand River Bank.|
|• Business Days means Monday through Friday, excluding Saturday, Sunday and banking holidays set forth under the laws of the United States.|
• Upon 5 business days’ notice, if you do not contact us to designate a new Primary Checking Account
immediately after you close your Primary Checking Account.
• Upon reasonable notice, for any other reason at our sole discretion.