MILLENNIUM BANK ELECTRONIC AGREEMENT & DISCLOSURE

This agreement describes your rights and obligations as a user of any and all electronic services provided to you for On-Line Banking and On-Line Bill Payment services for deposit and loan accounts. This Agreement also establishes the rights and obligations of Millennium Bank. Please read this disclosure carefully. Your acceptance of this disclosure by applying for online services constitutes your agreement to comply with these terms and conditions. We may terminate any of your Electronic Services under this agreement without providing notice to you for any reason. The Laws of the State of Illinois and applicable Federal law govern this Agreement.  Any fees are disclosed on our schedule of fees brochure. These fees are subject to change. You will be notified in writing at least thirty (30) days in advance of any changes.

Business Days:

For purposes of the Agreement, Additional terms, and these Disclosures, our business days are Monday through Friday, excluding holidays. The business day deadline for processing is 6:00pm Central time.

Documentation:

Preauthorized Credits:

If you have arranged to have direct deposits made to your account at least once every sixty (60) days from the same person or company you can call us at 847 296-9500 or write us at Millennium Bank, 2077 Miner Street, Des Plaines, Illinois 60016 to find out whether or not the deposit has been made.  You will be mailed a monthly account statement for your Checking, N.O.W., Money Market and Savings accounts.

Maintaining Confidentiality of Password and User ID:

You agree not to give your Password or User ID to any person not authorized to access your accounts. You must maintain adequate procedures to prevent unauthorized access to your personal computer. If your password is compromised, lost or stolen, please contact Millennium Bank immediately. For your protection and in accordance with Federal Regulations, you must establish security questions and answers to prevent unauthorized access (Multi-Factor Authentication). You will be required to change your password every Ninety (90) days. To ensure against unauthorized access to your services, Millennium Bank will ask personal identifying information prior to resetting Passwords, Access User ID and Multi- Factor Authentication questions.  Millennium Bank is not liable for unauthorized access via password of your personal computer if you share that information with others.

Limitations of Liability:

If your On-Line banking password has been lost or stolen or in the event of unauthorized access to any of your accounts, contact us immediately. You may notify us in person, call us at 847-296-9500, or write to us at Millennium Bank, 2077 Miner Street, Des Plaines, Illinois 60016. Telephoning us immediately is the best way of keeping your possible losses down. You could lose all your money in your account (plus any maximum overdraft line of credit). If you tell us within two (2) business days, you can lose no more than Fifty Dollars ($50.00) if someone used your User ID or User 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 User ID or Password, and we can prove we could have stopped someone from using your User ID and Password without your permission if you had told us, you could lose as much as Five Hundred Dollars ($500.00). Also, if your statement shows transfers that you did not make, please tell us at once. If you do not tell us within sixty (60) days after the statement was mailed to you, you may not get back any money you lost after the sixty (60) days that we could have stopped someone from taking the money if you had told us in time. If a good reason (hardship) kept you from telling us we will extend the time periods. If you allow someone other than yourself to review your statements, you are still obligated to review the statements for any errors, un authorized or other irregularities. You are responsible for any wrongful act of your employees or agents. The time period within which you must notify us begins on the day the statement is mailed to you, regardless of when you open or receive the statement.

Contact in Event of Unauthorized Transfer:

If you believe your User ID or User Password has been lost or stolen or that someone has been transferred or may transfer money from your account without your permission, notify us in person, call us at 847-296-9500 or write to us at Millennium Bank, 2077 Miner Street, Des Plaines, Illinois 60016.

Reliability of Information:

Any information furnished by us and our Service Providers is believed to be reliable but is not guaranteed. Neither we nor our Service Providers shall be liable for any deficiencies in such information or for any decision made using this information. Although we strive to ensure full performance of Electronic banking, neither we nor our Service Providers shall be liable for any losses resulting from your inability to access Electronic banking due to system downtime: (a) caused by circumstances beyond our reasonable control, (b) due to necessary maintenance, (c) system upgrading or similar circumstances.

Sharing your Information:

Our Liability for Failure to Make Transfers:

EXCEPT AS OTHERWISE PROVIDED ABOVE NEITHER WE NOR OUR SERVICE PROVIDERS SHALL BE RESPONSIBLE FOR ANY LOSSES OR DAMAGES, WHETHER DIRECT OR INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL, ARISING IN CONNECTION WITH ELECTRONIC BANKING. NEITHER WE NOR OUR SERVICE PROVIDERS MAKE ANY WARRANTIES UNDER THIS AGREEMENT OF ANY KIND, WHETHER STATUTORY, EXPRESS OR IMPLIED, CONCERNING ELECTRONIC BANKING INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OR MERCHANT ABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

Consumer Liability:

Call us at once if you believe your User ID or Password has been lost or stolen. Telephoning us immediately is the best way of keeping your possible losses down. You could lose all the money in your account (plus any maximum overdraft line of credit). If you tell us within two (2) business days, you can lose no more than Fifty Dollars ($50.00) if someone used your User ID and Password without your permission. If you do NOT inform us within two (2) business days after you learn of the loss or theft of your User ID or Password, and we can prove we could have stopped someone from using your User ID and Password, you could lose as much as Five Hundred Dollars ($500.00). Also, if your statement shows transfers that you did not make, please tell us at once. If you do not inform us within sixty (60) days after the statement was mailed to you, you may not get back any money you lost after the sixty (60) days if we can prove that we could have stopped someone from taking your money if you had told us in time.  If a good reason (hardship) kept you from informing us, we will extend the time periods.

Preauthorized Payment:

If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Call us at 847 296-9500, or write to us at Millennium Bank, 2077 Miner Street, Des Plaines, Illinois 60016, in time for us to receive your request three (3) 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 fourteen (14) days after you call. We will charge you as specified in the Fee Schedules contained in the Deposit Account Material for each stop payment order you give. If these regular payments vary in amount, the person you are going to pay will tell you, ten (10) days before each payment, when it will be made and how much it will be. If you order us to stop one of these payments three (3) business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

Error Resolution Notice:

In case of errors or questions about your electronic fund transfers, telephone us at 847-296-9500 or write to us at Millennium Bank, 2077 Miner Street, Des Plaines Illinois 60016 as soon as you can. If you believe that your statement is wrong or if you need more information about a transfer, listed on your statement, please contact us at once. We must hear from you no later than sixty (60) days after we sent the FIRST statement on which the problem or error appeared. 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. 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 ten days (10) business days. We will tell you the results of our investigation within ten (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 forty five (45) days to investigate your complaint or question. If we decide to do this, we will provisionally credit your account within ten (10) business days for the amount you think is in error, so that you will have the use of that 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 ten (10) business days, we may not credit your account. If we decide that there was no error, we will reverse the provisional credit and send you a written explanation within three (3) business days after we finish our investigation. You may ask for copies of the documents that we used in our investigation.