Mobile Deposit Terms and Conditions

ARKANSAS BEST FEDERAL CREDIT UNION
Mobile Deposit Service Terms and Conditions

CONSUMERS: PLEASE READ THIS AGREEMENT CAREFULLY AND KEEP A COPY FOR YOUR RECORDS.

Service Definitions

“We”, “us” and “our” means Arkansas Best Federal Credit Union and all of its respective successors or assigns.

“You” and “your” mean an individual person that we permit to use the Mobile Deposit Service subject to the terms of this agreement.

“Access Codes” include the customer identification number, log-in, password and any other means of access to the Service we establish or provide for you.

“Business Day” means every Monday through Friday, but does not include holidays.

“Compatible Mobile Device” means an Android™ or iPhone® phone with a rear-facing camera.

“Consumer Account” means an account established primarily for personal, family, or household use.

“Online” means through the Internet by use of a personal computer or other screen-based electronic device.

“Service” means our Mobile Deposit Service.

Use of Service

This Service allows you to deposit checks into your eligible accounts with us from a remote location by digitally imaging, or photographing, an item with a Compatible Mobile Device that then delivers the image and associated deposit information to us electronically. You can only submit one check deposit at a time. You may submit additional check deposits consecutively, after each submission is complete.

You may use the Service only for non-business, personal use in accordance with this agreement. In order to use the Service, you must obtain and maintain, at your expense, a Compatible Mobile Device. We are not responsible for the functionality or maintenance of any third party hardware or software you may need to use the Service.

Agreement Acceptance

This agreement applies to Consumer Accounts only.
You must read and accept this agreement before you may begin making mobile deposits. Please read this agreement carefully and keep a copy for your records. Use of the Service means you accept and
agree to all terms and conditions of this agreement.

Eligibility and Qualification Requirements

You must first download our Mobile App on your Compatible Mobile Device in order to access the Service. You must have at least one account with us that is eligible for the Service.

To qualify for the Service, you must meet eligibility criteria as dictated by us including, but not limited to, the following:

• You have been a Member with us for at least 90 days;
• You have no charge-off share accounts or loans with us;
• You are 18 years of age or older;
• Your mailing address on our records must be current and valid.

Eligible Accounts

The following types of accounts are eligible for the Service:

• Regular Share Savings Accounts
• Special Share Savings Accounts
• Vacation / Christmas Club Savings Accounts
• Checking Accounts

Limitations of Service

When using the Service, you may experience technical or other difficulties. We do not assume liability for any technical or other difficulties that you may incur. We reserve the right to change, suspend or
revoke the Service immediately and at any time without prior notice to you. In the event the Service is not available to you, you acknowledge that you can deposit your check at a branch office location, through a participating ATM, or by mail.

Charges or Fees

No usage fee is charged for a mobile deposit made into any account using the Service. We reserve the right to change the usage fee for the Service at any time. We will comply with any notice requirements under applicable law for such changes.

If an item you transmit for deposit is dishonored, rejected or otherwise returned unpaid, you agree that we may charge back the amount of the return to the account the check was originally deposited to and you will be assessed a fee in the amount shown on our current Fee Schedule for a returned deposit item. If there are not sufficient available funds in your account to cover the amount of the returned check, the account will be overdrawn and you will be responsible for payment. You agree that we may debit any account maintained by you in order to obtain payment of your obligations under this agreement.