Terms & Conditions

BILL PAYING AGREEMENT/DISCLOSURE

HSB’s Business Bill Pay services are fee based services for our business customers.
Business Bill Pay costs $4.95/ month, which includes twenty (20) bill payments; each
additional payment is $.50.

This is your bill paying agreement with Holcomb State Bank. You may use Holcomb State
Bank’s bill paying services to direct Holcomb State Bank to make payments from your
designated checking account to the Payees you choose in accordance with this agreement.
The terms and conditions of this Agreement are in addition to the Account agreements,
disclosures and other documents in effect from time to time governing your Account (the
Account Rules).

"You" or "your" means each person who is authorized to use the service. "Payee" means
anyone, including Holcomb State Bank, you designate and Holcomb State Bank accepts as a
payee. “Bill Paying Service” includes Basic Bill Pay, Premier Bill Pay, and Business Bill Pay.

HOW TO SET UP PAYEES/PAYMENTS

Complete a bill paying enrollment form. IF YOU WANT TO ADD A NEW PAYEE, USE “SET UP
ACCOUNTS/PAYEE” ON THE INTERNET OR SPEAK TO A SERVICE REPRESENTATIVE. You
may add a new fixed payment to a Payee, only if the Payee is on your authorized list of
payees, and by accessing the Service and entering the appropriate information. Most other
additions, deletions, or changes can be made in writing or by using the Service. Holcomb
State Bank reserves the right to refuse the designation of a Payee for any reason. Each
Payee accepted by Holcomb State Bank will be assigned a payee code. You may pay any
payee you wish in the US. Holcomb State Bank is not responsible if a Bill Payment can not
be made due to incomplete, incorrect, or outdated information provided by you regarding a
Payee or if you attempt to pay a Payee not on your Authorized Payee list.

THE BILL PAYING PROCESS

Single Payments
A single payment will be processed on the business day (generally Monday through Friday,
except certain holidays) you designate as the payment’s process date, provided the
payment is submitted prior to the daily cut-off time on that date. The daily cut-off time,
which is controlled by Holcomb State Bank, is currently 3:00 pm CST. A single payment
submitted after the cut-off time on the designated process date will be processed on the
following business day. If you designate a non-business date (generally weekends and
certain holidays) as the payment’s process date, the payment will be processed on the first
business day following the designated process date.

Recurring Payments
When a recurring payment is processed, it is automatically rescheduled by the system.
Based upon your selected frequency settings for the payment, a process date is calculated
for the next occurrence of the payment. If the calculated process date is a non-business
date (generally weekends and certain holidays), it is adjusted based upon the following
rules:

• If the recurring payment’s “Pay Backward” option is selected, the process date
for the new occurrence of the payment is adjusted to the first business date prior to the
calculated process date.
• If the recurring payment’s “Pay Backward” option is not selected (or if the “Pay
Backward” option is not available), the process date for the new occurrence of the payment
is adjusted to the first business date after the calculated process date.

Note: If your frequency settings for the recurring payment specify the 29th, 30th, or 31st as
a particular day of the month for processing and that day does not exist in the month of the
calculated process date, then the last calendar day of that month is used as the calculated
process date.

For Single and Recurring Payments, YOU MUST ALLOW AT LEAST SEVEN (7) DAYS, PRIOR
TO THE DUE DATE, for each bill payment to reach the Payee. Any bill payment can be
changed or canceled, provided you access the Bill Pay Service prior to the cut-off time on
the business day prior to the business day the bill payment is going to be initiated.

You agree to have available and collected funds on deposit in the account you designate in
amounts sufficient to pay for all bill payments requested, as well as, any other payment
obligations you have to Holcomb State Bank. Holcomb State Bank reserves the right,
without liability, to reject or reverse a bill payment if you fail to comply with this
requirement or any other terms of this agreement. If you do not have sufficient funds in
the Account and Holcomb State Bank has not exercised its right to reverse or reject a bill
payment, you agree to pay for such payment obligations on demand. You further agree
Holcomb State Bank, at its option, may charge any of your accounts with Holcomb State
Bank to cover such payment obligations.

Holcomb State Bank reserves the right to change the cut-off time. You will receive notice if
it changes.

LIABILITY

You are solely responsible for controlling the safekeeping of, and access to, your Personal
Identification Number (PIN). You are liable for all transactions you make or that you
authorize another person to make even if that person exceeds his or her authority. If you
want to terminate another person's authority, you must notify Holcomb State Bank and
arrange to change your PIN. You will be responsible for any Bill Payment request you make
that contains an error or is a duplicate of another Bill Payment. Holcomb State Bank is not
responsible for a Bill Payment not made if you did not properly follow the instructions for
making a Bill Payment. Holcomb State Bank is not liable for any failure to make a Bill
Payment if you fail to promptly notify Holcomb State Bank after you learn you have not
received credit from a Payee for a Bill Payment. Holcomb State Bank is not responsible for
your acts or omissions or those of any other person, including, without limitation, any
transmission or communications facility, and no such party shall be deemed to be Holcomb
State Bank's agent. In any event, Holcomb State Bank will not be liable for any special,
consequential, incidental, or punitive losses, damages, or expenses in connection with this
Agreement or the Service, even if Holcomb State Bank has knowledge of the possibility of
them. Holcomb State Bank is not liable for any act, failure to act or delay in acting if it is
caused, in whole or in part, by any cause beyond Holcomb State Bank's reasonable control.

AMENDMENT AND TERMINATION

Holcomb State Bank has the right to change this Agreement at any time by notice mailed to
you at the last address shown for the Account on Holcomb State Bank's records, by posting
notice in branches of Holcomb State Bank, or as otherwise permitted by law.

Holcomb State Bank has the right to terminate this Agreement at any time. You may
terminate this Agreement by written notice to Holcomb State Bank. Holcomb State Bank is
not responsible for any fixed payment made before Holcomb State Bank has a reasonable
opportunity to act on your termination notice. You remain obligated for any payments made
by Holcomb State Bank on your behalf.

Fees – Refer to Holcomb State Bank’s Fee Schedule in effect at time of enrollment or use of
services.

Additional Charges for Customer requested Services and Other Items These charges will
only be assessed if you request one or more of the services listed here. There will be NO
Charge for any item if needed to correct a Holcomb State Bank error.

Written Correspondence to Payee:
$10.00
Per proof of Payment not necessitated by a dispute: $10.00
Payments returned due to customer error: $ 5.00
Charge per overdraft or returned item: $28.50
Overnight Fee: $14.95
2nd Day Fee: $ 9.95
Reinstate Fee: $50.00
Charitable Donation fee: $ 1.95

Holcomb State Bank reserves the right to charge you for research time involving payments
no longer available in your screen history. You will be informed of any such charges before
they are incurred.
Bill payments are processed by Electronic Fund Transfers (EFT). Please see the Electronic
Fund Transfers Disclosure Statement included, or received, when you opened your account,
which discloses important information concerning your rights and obligations.