Internet Banking Agreement and Disclosure

This Internet Banking Agreement and Disclosure ("the Agreement") explains the terms and conditions governing basic Internet Banking services and bill pay services offered by The New WashingtonState Bank (collectively "Internet Banking Services"). By using any of the Internet Banking Services, you agree to abide by the terms and conditions of this Agreement. The terms "we", "us", "our", and "NWSB" refer to The New Washington State Bank. "You" refers to each person who enrolls for Internet Banking Services and has a password. The term "business days" means Monday through Saturday, excluding Sunday and The New Washington State Bank holidays.

Your Internet Banking services and each of your accounts are also governed by the applicable Disclosures, rates, and Fee Schedules provided by The New Washington State Bank when your account was first opened. Disclosures, rates, and Fee Schedules, known collectively as "The New Washington State Bank Documents," may be changed from time to time.

You are responsible for paying any fees associated with Internet Banking and Bill Payment. At this time, Internet Banking is being offered at no cost; however, should you sign up for Bill Payment, you are responsible for all fees associated with Bill Payment as outlined in the "Electronic Bill Payment Authorization" form. You will also be responsible for any additional fees that may be assessed by your Internet Service Provider and for any telephone charges or fees incurred by accessing Internet Banking services.

Your initial use of Internet Banking services constitutes your acceptance and agreement to be bound by all of the terms and conditions of this Agreement and by "The New Washington State Bank Documents", and acknowledges your receipt and understanding of this agreement.

The New Washington State Bank is entitled to act on instructions received through Internet Banking under your password and without inquiring into the identity of the person using that password. However, do not, under any circumstances, disclose your password by telephone or to any one claiming to represent The New Washington State Bank. The New Washington State Bank's employees do not need and should not ask for your password. You are liable for all transactions made or authorized using your password. The New Washington State Bank has no responsibility for establishing the identity of any person using your password. If, despite The New Washington State Bank's advice, you give your password to anyone, you do so at your own risk. Anyone with access to your Internet Banking password will have full access to your accounts even if you attempt to limit that person's authority. You must notify The New Washington State Bank if your password has been lost, stolen or otherwise compromised to inform the bank that your password should not be honored and must be disabled.

If two people hold a joint checking account, both account holders may enroll separately and each will have his/her own password, and his/her own separate Internet Banking Agreement. Alternatively, one holder of a joint account can enroll for Internet Banking Services with one password issued. The person on the profile will only have access to accounts for which they are designated as an owner.

You are liable for all transactions that you, or if you are using a joint Bill Payment Account, any of you, make or authorize, even if the person you authorize exceeds your authority. You hereby release The New Washington State Bank from any liability and agree not to make any claim or bring any action against us for honoring or allowing any actions or transactions where you have authorized the person performing the action or transaction to use your account(s) and/or you have given your password to such person, or, in the case of a jointly held account such person is one of the owners of the account. You agree to indemnify The New Washington State Bank and hold it harmless from and against any and all liability (including but not limited to reasonable attorney fees) arising from any such claims or actions.

The New Washington State Bank has the right to modify or terminate this agreement at any time. We will comply with any notice requirements under applicable law for such changes or termination. If we terminate this Agreement, no further Internet Banking transfers or Bill Payments will be made, including but not limited to any payments or transfers scheduled in advance or any pre-authorized recurring payments or transfers. If we modify this Agreement, your continued use of Internet Banking Services will constitute your acceptance of such changes in each instance.