Disclosures

ELECTRONIC FUND TRANSFER DISCLOSURE

For purposes of this disclosure the terms “we”, “us” and “our” refer to BankFirst Financial Services. The terms “you” and “your” refer to the recipient of this disclosure.

The Electronic Fund Transfer Act and Regulation E require institutions to provide certain information to customers regarding electronic fund transfers (EFTs). This disclosure applies to any EFT service you receive from us related to an account established primarily for personal, family or household purposes. Examples of EFT services include direct deposits to your account, automatic regular payments made from your account to a third party and one-time electronic payments from your account using information from your check to pay for purchases or to pay bills. This disclosure also applies to the use of your Debit Card (hereinafter referred to collectively as “Debit Card”) at automated teller machines (ATMs) and any networks described below.

This disclosure contains important information about your use of EFT services provided by BankFirst Financial Services in relation to accounts established primarily for personal, family or household purposes. Please read this document carefully and retain it for future reference.

DEFINITION OF BUSINESS DAY. Business days are Monday through Friday excluding holidays.

ELECTRONIC FUND TRANSFER SERVICES PROVIDED

DEBIT CARD SERVICES. The services available through use of your Debit Card are described below.

DEBIT CARD SERVICES:

You may withdraw cash from your checking account(s), savings account(s), and money market account(s).
You may make deposits into your checking account(s), savings account(s), and money market account(s).
You may transfer funds between your checking and savings accounts, checking and money market accounts, and savings and money market accounts.
You may make balance inquiries on your checking account(s), savings account(s), and money market account(s).
You may use your Debit Card to obtain cash advances from your Privilege Line of Credit at an ATM.
You may use your card at any merchant that accepts Mastercard® Debit Cards for the purchase of goods and services.

AUTOMATED TELLER MACHINE SERVICES.

NETWORK. Your ability to perform the transactions or access the accounts set forth above depends on the location and type of ATM you are using and the network through which the transaction is being performed. A specific ATM or network may not perform or permit all of the above transactions.

Besides being able to use your Debit Card at our Automated Teller Machine terminals, you may access your accounts through the following network(s): Pulse, Mastercard, & Money Pass

ATM FEES. When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used, and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer.

POINT OF SALE TRANSACTIONS. Listed below is the card you may use to purchase goods and services from merchants that have arranged to accept your card as a means of payment (these merchants are referred to as “Participating Merchants”). Some Participating Merchants may permit you to receive cash back as part of your purchase. Purchases made with your card, including any purchase where you receive cash, are referred to as “Point of Sale” transactions and will cause your “designated account” to be debited for the amount of the purchase. We have the right to return any check or other item drawn against your account to ensure there are funds available to pay for any Point of Sale transaction. We may, but do not have to, allow transactions which exceed your available account balance or, if applicable, your available overdraft protection. If we do, you agree to pay an amount equal to the overdrawn balance plus any overdraft fee.

The following card and the corresponding designated account(s) may be used for Point of Sale transactions: Debit Card: checking account.

Your Debit Card may also be used to obtain cash from your designated account(s) at participating financial institutions when so authorized under the terms of your Account Agreement.

IMPORTANT NOTICE REGARDING ACCOUNT BALANCES AND EVERYDAY DEBIT CARD TRANSACTIONS:

Please remember that the Banks’s standard overdraft service, Bounce Protection, can apply to a variety of transactions, including checks and other transactions made using your checking account number, automatic bill payments, ATM transactions and everyday debit card transactions. For commercial accounts, Bounce Protection automatically includes coverage for ATM and everyday debit card transactions and does not require an opt-in for those transactions. However, for consumer accounts, we will not include ATM and everyday debit card transactions within the consumer Bounce Protection or the Bounce Protection limit without first receiving your affirmative consent to do so through Bounce Plus. Absent your affirmative consent to Bounce Plus, ATM and everyday debit card transactions generally will not be paid under Bounce Protection for consumer accounts. Please request the Bank’s Overdraft Protection Services Bounce Protection & Bounce Plus Customer Disclosure for more information and a description of the Bank’s standard overdraft services.

Your checking account has two kinds of balances: the current or ledger balance and the available balance. Both can be checked when you review your account online, at an ATM, by phone, or at a branch. It is important to understand how the two balances work so that you know how much money is in your account at any given time.

We use the “current or ledger” balance method at the time of the transaction settlement or posting to determine whether your account is overdrawn, that is, whether there is enough money in your account to pay for an item. Your account’s current or ledger balance only includes transactions that have settled up to that point in time, such as deposits and payments that have posted to your account. The current or ledger balance does not include outstanding items (such as checks that have not yet cleared and electronic transactions, including debit card transactions, that have been authorized but which are still pending). Thus, while the term current or ledger may sound as though the amount you see is an up-to-date display of what is in your account that you can spend, that is not always the case. Any holds for purchase transactions, holds on deposits, or other checks, payments and fees that have not yet posted will not appear in your current or ledger balance. The ending statement balance reflected on your periodic statement is the current or ledger balance for your account as of the statement date.

Your “available balance” is different. The available balance is calculated based on the money “available” in your account to make payments. In other words, the available balance takes transactions that have been authorized, but not yet settled, and subtracts them from the current or ledger balance. In addition, when calculating your available balance, any “holds” placed on deposits that have not yet cleared are also subtracted from the actual balance. Please note that the available balance also includes the Bounce Protection limit, unless you have declined the Bounce Protection service. Please request the Bank’s Fee Schedule for more information about the applicable fees for these overdraft services.

Please note that, for consumer accounts that opt-in for Bounce Plus and for commercial accounts, the bank uses your available balance to authorize or decline debit card and ATM transactions. The bank will generally place a hold on your account for any ATM or everyday debit card transactions that are authorized until the transaction settles. ATM and everyday debit card transactions usually settle within two business days after the transaction is authorized, but may take longer. The amount of the hold will reduce your available balance for the amount authorized, or as permitted under applicable payment network rules. Holds on authorized ATM and everyday debit card transactions will be removed prior to settlement where required by applicable payment network rules.

Please also note that, on debit card purchases, merchants may request a temporary hold on your account for a specified sum of money when the merchant does not know the exact amount of the purchase at the time the card is authorized. The amount of the temporary hold may be more or less than the actual amount of your purchase. Some common transactions where this occurs involve purchases of gasoline, hotel rooms, or meals at restaurants. When this happens, our processing system cannot determine that the amount of the hold exceeds or is different than the actual amount of your purchase. This temporary hold, and the amount charged to your account, will eventually be adjusted to the actual amount of your purchase, but it could be three calendar days, or even longer in some cases, before the adjustment is made. Until the adjustment is made, your available balance, but not your ledger or current balance, will be reduced by the amount of the temporary hold.

Please remember that, while the bank uses your available balance to authorize or decline debit card and ATM transactions, the bank uses the current or ledger balance at the time all types of transactions post or settle to your account when determining whether any transaction will cause your account to overdraw and for charging Overdraft and NSF Fees, as set forth in the bank’s Fee Schedule. This means that you may be assessed Overdraft and/or NSF Fees per item, per presentment, based on your current or ledger balance at the time of settlement, even though your available balance may show a different balance amount due to the inclusion of pending and hold items or the inclusion of the Bounce Protection limit. Further, please remember that, if you have not opted-in for the Bounce Plus service, the Bounce Protection limit reflected in your available balance is not available for ATM and one-time (or everyday) debit card transactions.

Keeping track of your balance is important. You can review your available and current or ledger balance in a number of ways including reviewing your periodic statement, reviewing your balance online, accessing your account information by phone, or coming into one of our branches. The arrangement of balance and/or transaction alerts for your account is also available through online and mobile banking. To help you manage your account, the total fees you have paid for items (both paid and returned) during the current month and for the year-to-date will be reflected on your monthly checking statement.

AUTHORIZATION HOLDS. An authorization hold is a temporary hold that is placed on your account for certain Debit Card transactions. The amount of the temporary hold may be more than the actual amount of the transaction, so your available account balance will temporarily be reduced by the amount of the temporary hold. If the authorization hold or the processing of subsequent transactions causes your account to have insufficient funds to pay the transaction, we may charge you non-sufficient funds fees if we return the item or overdraft fees if we pay the item on your behalf.

CURRENCY CONVERSION - Mastercard^®. If you perform transactions with your card with the Mastercard® logo in a currency other than US dollars, Mastercard International Inc. will convert the charge into a US dollar amount. At Mastercard International they use a currency conversion procedure, which is disclosed to institutions that issue Mastercard®. Currently the currency conversion rate used by Mastercard International to determine the transaction amount in US dollars for such transactions is based on rates observed in the wholesale market or government-mandated rates, where applicable. The currency conversion rate used by Mastercard International is generally the rate of the applicable currency on the date that the transaction occurred. However, in limited situations, particularly where transactions are submitted to Mastercard International for processing are delayed, the currency conversion rate used may be the rate of the applicable currency on the date that the transaction is processed.

SERVICES PROVIDED THROUGH USE OF FIRSTCONNECTION. You may perform the following functions through use of FIRSTConnection:

You may initiate transfers of funds between your checking and savings accounts, checking and money market accounts, and savings and money market accounts.
You may make balance inquiries on your checking account(s), savings account(s), and money market account(s).
You may make payments on consumer loans, home mortgage loans, and home equity loans that you have with us.

PREAUTHORIZED TRANSFER SERVICES.

You may arrange for the preauthorized automatic deposit of funds to your checking account(s), savings account(s), and money market account(s).
You may arrange for the preauthorized automatic payments or other transfers from your checking account(s), savings account(s), and money market account(s).

SERVICES PROVIDED THROUGH USE OF ONLINE BANKING. BankFirst Financial Services offers its customers use of our Online Banking service, including our Mobile App.

BILL PAY: Make payments via iPay Solutions Consumer Bill Pay to companies or individuals in the following manner:

You may initiate electronic, draft checks and iPay Solutions Checks from linked checking account(s), and money market account(s).
You may initiate electronic draft checks and iPay Solutions Checks from any of the above linked accounts to make payments on the below that you have with us: consumer loans, home mortgage loans, Privilege Lines of Credit, personal lines of credit, and HELOC (Home Equity Line of Credit).

PAY A PERSON: Make Electronic Payments via Email or Text Message (P2P), Direct Deposit to an account, or send checks in the following manner:

You may initiate payments to an individual from linked checking account(s), and money market account(s),

TRANSFERS:

You may initiate transfers of funds between your linked lines and accounts as follows: checking and other checking account(s), checking and savings account(s), checking and money market account(s), savings and other savings account(s), savings and money market account(s), personal line of credit and checking accounts(s), personal line of credit and savings account(s), personal line of credit and money market account(s), and during the draw period from your HELOC and checking account(s), HELOC and savings account(s), and HELOC and money market account(s). HELOC = Home Equity Line of Credit.
You may initiate outbound external transfers of funds from checking account(s), savings account(s), and money market account(s) to your accounts at other financial institutions once the external accounts are linked in BankFirst Online Banking.
You may initial inbound external transfers to your checking account(s), savings account(s), and money market account(s) with us from your accounts at other financial institutions once the external accounts are linked in BankFirst Online Banking.

GIFTPAY: Make charitable donation contributions to charities or organizations OR make electronic gifts to individuals via IPay Solutions Consumer Bill Pay in the following manner:

You may initiate a personalized donation check to be sent to a charity or organization from linked checking account(s) and money market account(s).
You may initiate a personalized check gift to be sent to an individual for a special occasion from linked checking account(s) and money market account(s).

EBILL: Setup eBill to streamline your iPay Solutions Consumer Bill Pay routine in the following manner:

You may initiate eBills to receive and pay electronic versions of paper bills from linked checking account(s) and money market account(s).

BALANCE INQUIRIES:

You may make balance inquiries on your linked checking account(s), savings account(s), money market account(s), certificates of deposit, consumer loans, home mortgage loans, Privilege Line of Credit, personal line of credit, and your HELOC (Home Equity Line of Credit).
You may make balance inquiries on your linked external accounts you have with other financial institutions.

ONLINE STATEMENTS (eStatements):

You may view, print, and save your electronic periodic statements for your linked checking account(s), savings account(s), and money market account(s).

MOBILE DEPOSITS:

You may make mobile deposits into your linked checking account(s) and money market account(s).

ELECTRONIC CHECK CONVERSION. If your account is a checking account, you may authorize a merchant or other payee to make a one-time electronic payment from this account using information from your check to pay for purchases or to pay bills.

LIMITATIONS ON TRANSACTIONS

TRANSACTION LIMITATIONS - DEBIT CARD.

CASH WITHDRAWAL LIMITATIONS. You may withdraw up to $500.00 through use of ATMs in any one day.

POINT OF SALE LIMITATIONS. You may buy up to $2,500.00 worth of goods or services in any one day through use of our Point of Sale service.

OTHER LIMITATIONS.

Bill Pay Limits: $2,500.00 per transaction limit, $99,999.99 maximum transaction amount, $5,000.00 daily processing limit, and a $20,000.00 monthly processing limit.

GiftPay Limits: $2,500.00 per transaction limit, $99,999.99 maximum transaction amount, $5,000.00 daily processing limit, and $20,000.00 monthly processing limit.

Person to Person Limits: $500.00 per transaction limit, and a $500.00 daily limit.

Transfers Limits: $15,000.00 outbound external transfer daily limit, $25,000.00 inbound external transfer daily limit, maximum of 5 outbound external transfers transactions daily limit, and a maximum of 5 inbound external transfer transactions daily limit.

Mobile Deposit Limits: Mobile Deposit Limits are based on the following customer risk levels.

Customer Risk Level 1 - Mobile deposit limits for retail customers > 1 year AND average collected balance for current quarter >= $1,000.00 OR Existing Relationship (CD, Loan, or Business Cross Reference) and no more than 1 return deposit item per year:; $2,500.00, maximum deposit per day and $5,000.00 total deposits per month.

Customer Risk Level 2 - Mobile deposit limits for retail customers < 1 year or new customer relationship, no return item history and no return deposit items: $250.00 maximum deposit per day and $500.00 total deposits per month.

Personal Money Market: During any statement cycle you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card, or similar order to a third party. A Debit Item Fee of $15.00 per item will be charged for preauthorized withdrawals over the limit of 6. (This limit does not apply to transfers or withdrawals made in-person.)

The terms of your account(s) may limit the number of withdrawals you may make each month. Restrictions disclosed at the time you opened your account(s), or sent to you subsequently will also apply to your electronic withdrawals and electronic payments unless specified otherwise.

Listed below are access devices that may be used to access a line of credit account, and the line of credit accounts that may be accessed. The amount of any cash advance available through use of your access device is subject to your separate agreement with BankFirst Financial Services, if any. Please refer to your Line of Credit Agreement for disclosures related to such limitations.
Debit Card: Privilege Line of Credit

We reserve the right to impose limitations for security purposes at any time.

Limitations have not been placed on the frequency or the dollar amount of direct deposits, telephone transfers, and automatic drafts. Point of sale limit is $2,500.00 per business day. No service charges are applied to such transfers. However, the bank reserves the right to implement service charges on electronic fund transfers with a 21 day prior notification.

NOTICE OF RIGHTS AND RESPONSIBILITIES

The use of any electronic fund transfer services described in this document creates certain rights and responsibilities regarding these services as described below.

RIGHT TO RECEIVE DOCUMENTATION OF YOUR TRANSFERS.

TRANSACTION RECEIPTS. Depending on the location of an ATM, you may not be given the option to receive a receipt if your transaction is $15.00 or less. Upon completing a transaction of more than $15.00, you will receive a printed receipt documenting the transaction (unless you choose not to get a paper receipt). These receipts (or the transaction number given in place of the paper receipt) should be retained to verify that a transaction was performed. A receipt will be provided for any transaction of more than $15.00 made with your Debit Card at a Participating Merchant. If the transaction is $15.00 or less, the Participating Merchant is not required to provide a receipt.

PERIODIC STATEMENTS. If your account is subject to receiving a monthly statement, all EFT transactions will be reported on it. If your account is subject to receiving a statement less frequently than monthly, then you will continue to receive your statement on that cycle, unless there are EFT transactions, in which case you will receive a monthly statement. In any case you will receive your statement at least quarterly.

PREAUTHORIZED DEPOSITS. If you have arranged to have direct deposits made to your account at least once every 60 days from the same person or company, you can call us at (877) 441-2784 to find out whether or not the deposit has been made.

USING YOUR CARD AND PERSONAL IDENTIFICATION NUMBER (“PIN”). In order to assist us in maintaining the security of your account and the terminals, the Debit Card remains our property and may be revoked or canceled at any time without giving you prior notice. You agree not to use your Debit Card for a transaction that would cause your account balance to go below zero, or to access an account that is no longer available or lacks sufficient funds to complete the transaction, including any available line of credit. We will not be required to complete any such transaction, but if we do, we may, at our sole discretion, charge or credit the transaction to another account; you agree to pay us the amount of the improper withdrawal or transfer upon request.

Certain transactions involving your Debit Card require use of your PIN. Your PIN is used to identify you as an authorized user. Because the PIN is used for identification purposes, you agree to notify BankFirst Financial Services immediately if your Debit Card is lost or if the secrecy of your PIN is compromised. You also agree not to reveal your PIN to any person not authorized by you to use your Debit Card or to write your PIN on your Debit Card or on any other item kept with your Debit Card. We have the right to refuse a transaction on your account when your Debit Card or PIN has been reported lost or stolen or when we reasonably believe there is unusual activity on your account.

The security of your account depends upon your maintaining possession of your Debit Card and the secrecy of your PIN. You may change your PIN if you feel that the secrecy of your PIN has been compromised. You may change your PIN at our ATM or by calling FIRSTConnections our telephone banking system at 866-726-2006.

RIGHTS REGARDING PREAUTHORIZED TRANSFERS.

RIGHTS AND PROCEDURES TO STOP PAYMENTS. If you have instructed us to make regular preauthorized transfers out of your account, you may stop any of the payments. To stop a payment, call us at: (877) 441-2784 or write to: BankFirst Financial Services Attn: Deposit Operations, P.O. Box 31, Macon, MS 39341.

We must receive your call or written request at least three (3) business days prior to the scheduled payment. If you call, please have the following information ready: your account number, the date the transfer is to take place, to whom the transfer is being made and the amount of the scheduled transfer. If you call, we will require you to put your request in writing and deliver it to us within fourteen (14) days after you call.

NOTICE OF VARYING AMOUNTS. If you have arranged for automatic periodic payments to be deducted from your checking or savings account and these payments vary in amount, you will be notified by the person or company ten (10) days before each payment, when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.

OUR LIABILITY FOR FAILURE TO STOP PREAUTHORIZED TRANSFER PAYMENTS. If you order us to stop one of the payments and have provided us with the information we need at least three (3) business days prior to the scheduled transfer, and we do not stop the transfer, we will be liable for your losses or damages.

YOUR RESPONSIBILITY TO NOTIFY US OF LOSS OR THEFT. If you believe your Debit Card or PIN or internet banking access code has been lost or stolen, call us at: (877) 441-2784 (24/7) or write to: P.O. Box 31, Macon, MS 39341.

You should also call the number or write to the address listed above if you believe a transfer has been made using the information from your check without your permission.

CONSUMER LIABILITY. Tell us AT ONCE if you believe your Debit Cad or PIN or internet banking access code has been lost or stolen or if you believe that an electronic funds transfer has been made without your permission using information form your check. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum Privilege Line of Credit, if applicable). If you tell us within two (2) business days after you learn of the loss or theft of your Debit Card or PIN or internet banking access code you can lose no more than fifty dollars ($50) if someone used your Debit Card or PIN or internet banking access code without your permission. If you do NOT tell us within two (2) business days after you learn of the loss or theft of your Debit Card or PIN or internet banking access code and we can prove we could have stopped someone from using your Debit Card or PIN or internet banking access code without your permission if you had given us notice, you can lose as much as five hundred dollars ($500).

Also, if your statement shows transfers you did not make, including those made by card, code, or other means, tell us at once. If you do not tell us within sixty (60) days after the statement was transmitted to you, you may not receive back any money you lost after the sixty (60)days, and therefore, you may not get back any money in your account (including your maximum Privilege Line of Credit, if applicable), if we can prove that we could have stopped someone from taking the money had you given us notice in time. If a good reason (such as a long trip or hospital stay) keeps you from giving the notice, we will extend the time periods.

TRUTH IN LENDING DISCLOSURE. You may be liable for the unauthorized use of your Debit Card to access a line of credit. Please refer to your Line of Credit Agreement for disclosures related to your liability for unauthorized use.

IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR TRANSACTIONS. In case of errors or questions about your electronic fund transfers, call us at: (877) 441-2784 or write to: BankFirst Financial Services, P.O. Box 31, Macon, MS 39341, or use the current information on your most recent account statement.

Notification should be made as soon as possible if you think your statement or receipt is wrong or if you need more information about a transaction listed on the statement or receipt. You must contact BankFirst Financial Services no later than 60 days after we sent you the first statement on which the problem or error appears. You must be prepared to provide the following information:

Your name and account number.

A description of the error or transaction you are unsure about along with an explanation as to why you believe it is an error or why you need more information.

The dollar amount of the suspected error.

If you provide oral notice, you will be required to send in your complaint or question in writing within ten (10) business days.

We will determine whether an error occurred within ten (10) business days (twenty (20) business days for new accounts) 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 (ninety (90) days for new accounts and foreign initiated or Point of Sale transfers) to investigate your complaint or question. If we decide to do this, we will credit your account within ten (10) business days (twenty (20) business days for new accounts) for the amount which you think is in error, so that you will have the use of the money during the time it takes 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. The extended time periods for new accounts apply to all electronic fund transfers that occur within the first thirty (30) days after the first deposit to the account is made, including those for foreign initiated or Point of Sale transactions.

We will tell you the results within three (3) business days after completing our investigation. If we decide that there was no error, we will send you a written explanation.

You may ask for copies of the documents that we used in our investigation.

LIABILITY FOR FAILURE TO COMPLETE TRANSACTION. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages as provided by law. However, there are some exceptions. We will NOT be liable, for instance:

If through no fault of ours, you do not have enough money in your account to make the transfer.
If the transfer would result in your exceeding the credit limit on your line of credit, if you have one.
If the electronic terminal was not working properly and you knew about the breakdown before you started the transfer.
If circumstances beyond our control (such as fire or flood, computer or machine breakdown, or failure or interruption of communications facilities) prevent the transfer, despite reasonable precautions we have taken.
If we have terminated our Agreement with you.
When your Debit Card has been reported lost or stolen or we have reason to believe that something is wrong with a transaction.
If we receive inaccurate or incomplete information needed to complete a transaction.
In the case of preauthorized transfers, we will not be liable where there is a breakdown of the system which would normally handle the transfer.
If the funds in the account are subject to legal action preventing a transfer to or from your account.
If the electronic terminal does not have enough cash to complete the transaction.

There may be other exceptions provided by applicable law.

CHARGES FOR TRANSFERS OR THE RIGHT TO MAKE TRANSFERS. The following fees and charges may be imposed on your DDA, Savings, and Money Market account:

Bill Pay Fee (check sent Next Business Day delivery) $34.95
Bill Pay Fee (check sent Second Business Day delivery) $29.95
Bill Pay Fee (electronic payment sent Second Business Day delivery) $6.95
Stop Payment Fee - For each Stop Payment Order you Give $36.00
Foreign ATM Cash Withdrawal, Balance Inquiry, or Transfer Fee $3.00
Debit Card Reissue Fee $5.00
Money Market Account Debit Item Fee (Over 6 per Month) $15.00
GiftPay Fee (personalized donation check to charity or organization) $1.99
GiftPay Fee (personalized gift check to individual) $2.99
Savings Account Debit Item Fee (Over 6 per Month) $2.00
International ATM/POS Transaction Fee = 1.25% of the transaction amount

Refer to the terms of your account(s) for more information regarding fees.

DISCLOSURE OF ACCOUNT INFORMATION. We will disclose information to third parties about your account or electronic fund transfers made to your account:

Where necessary to complete a transfer or to investigate and resolve errors involving the transfer(s); or
In order to verify the existence and condition of your account for a third party such as a credit bureau or merchant; or
In order to comply with government agency or court orders; or
If you give us your permission in a record or writing.

SAFETY PRECAUTIONS FOR ATM TERMINAL USAGE. Please keep in mind the following basic safety tips whenever you use an ATM:

Have your Debit Card ready to use when you reach the ATM. Have all of your forms ready before you get to the machine. Keep some extra forms (envelopes) at home for this purpose.
If you are new to ATM usage, use machines close to or inside a financial institution until you become comfortable and can conduct your usage quickly.
If using an ATM in an isolated area, take someone else with you if possible. Have them watch from the car as you conduct your transaction.
Do not use ATMs at night unless the area and machine are well-lighted. If the lights are out, go to a different location.
If someone else is using the machine you want to use, stand back or stay in your car until the machine is free. Watch out for suspicious people lurking around ATMs, especially during the times that few people are around.
When using the machine, stand so you block anyone else’s view from behind.
If anything suspicious occurs when you are using a machine, cancel what you are doing and leave immediately. If going to your car, lock your doors.
Do not stand at the ATM counting cash. Check that you received the right amount later in a secure place, and reconcile it to your receipt then.
Keep your receipts and verify transactions on your account statement. Report errors immediately. Do not leave receipts at an ATM location.

ADDITIONAL PROVISIONS

Your account is also governed by the terms and conditions of other applicable agreements between you and BankFirst Financial Services.

FUNDS AVAILABILITY POLICY DISCLOSURE

PURPOSE OF THIS DISCLOSURE. Our general policy is to allow you to withdraw funds deposited in a transaction account on the first Business Day after the day of deposit. Funds from electronic direct deposits will be available on the day we receive the deposit. In some cases, we may delay your ability to withdraw funds beyond the first Business Day after the day of deposit. Our complete policy is summarized below.

For purposes of this disclosure, the terms "you"/"your" refer to the customer and the terms "our"/"we"/"us" refer to BankFirst Financial Services.

Generally, transaction accounts are accounts which would permit an unlimited number of payments by check to third persons, and also an unlimited number of telephonic and preauthorized transfers to third persons or other accounts you may have with us.

DETERMINING THE AVAILABILITY OF YOUR DEPOSIT. The length of the delay varies depending on the type of deposit and is explained below. When we delay your ability to withdraw funds from a deposit, you may not withdraw the funds in cash, and we will not pay checks you have written on your account by using these funds. Even after we have made funds available to you and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit.

When we delay your ability to withdraw funds, the length of the delay is counted in Business Days from the day of your deposit. The term "Business Day" means any day other than a Saturday, Sunday or federally declared legal holiday, and the term "Banking Day" means that part of any Business Day on which we are open to the public for carrying on substantially all of our banking functions.

In order to establish that a deposit is made on a particular Business Day, we establish a cut-off time. You must make your deposit before the cut-off time in order for it to be considered to have been made on that Business Day.

All BankFirst Locations: Our branches have various closing times with one branch closing at 1:00 PM CT and the remaining at 4:00 PM CT or later

However, if you make a deposit after the cut-off time shown above or on a day that we are not open, we will consider the deposit made on the next Business Day we are open.

AVAILABILITY SCHEDULE

Same Day Availability. Funds from deposits of:

• electronic direct deposits
• cash*
• wire transfers
• checks drawn on us

will be available on the day of deposit.

Next Day Availability. Funds from deposits of:

• U.S. Treasury checks**
• U.S. Postal Service money orders**
• Federal Reserve Bank or Federal Home Loan Bank checks**
• State or Local Government checks**
• Cashier's, Certified, or Teller's checks**

will be available on the first Business Day after the day of deposit.

Other Check Deposits. Funds from all other check deposits will be available on the first Business Day after the day of your deposit.

* Cash Deposits. If the cash deposits are made in person to an employee of BankFirst Financial Services, then the funds will be made available on the day we receive your deposit. If they are not made in person to an employee, then the funds will be made available no later than the next Business Day after the day of your deposit.

** Check Deposits. Check deposits include U.S. Treasury checks; U.S. Postal Service money orders; Federal Reserve Bank or Federal Home Loan Bank checks; State or Local Government checks; and Cashier's, Certified, or Teller's Checks. In order for these check deposits to be made available according to the funds availability schedule above, the checks must be made payable to you and deposited into your account. If any of these conditions are not satisfied, then the funds from these check deposits will be made available no later than the second Business Day after the day of your deposit.

LONGER DELAYS MAY APPLY. In some cases, we will not make all of the funds that you deposit by check available to you according to the previously stated availability schedule. Depending on the type of check that you deposit, funds may not be available until the second Business Day after the day of your deposit. The first $225.00 of your deposits, however, may be available on the day of deposit.

If we are not going to make all of the funds from your deposit available to you according to the previously stated availability schedule, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit.

Funds you deposit by check may be delayed for a longer period under the following circumstances:

(a) if we believe a check you deposit will not be paid;
(b) if you deposit checks totaling more than $5,525 on any one day;
(c) if you redeposit a check that has been returned unpaid;
(d) if you have overdrawn your account repeatedly in the last six months; or
(e) if an emergency condition arises that would not enable us to make the funds available to you, such as the failure of computer or communications equipment.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the seventh Business Day after the day of your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available.

HOLDS ON OTHER FUNDS FOR CHECK CASHING. If we cash a check for you that is drawn on another financial institution, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it.

HOLDS ON OTHER FUNDS IN ANOTHER ACCOUNT. If we accept for deposit a check that is drawn on another financial institution, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited.

SPECIAL RULES FOR NEW ACCOUNTS. If you are a new customer, the following special rules may apply during the first 30 days your account is open.

Same Day Availability. Funds from cash*, wire transfers, and electronic direct deposits made to your account, and checks drawn on us will be available on the day we receive the deposit.

Next Day Availability. Funds from the first $5,525 of a day's total deposits of:

are available on the first Business Day after the day of your deposit.

Funds Exceeding $5,525. The excess over $5,525 of a day's total check deposits will be available on the ninth Business Day after the day of your deposit.

Other Check Deposits. Funds from all other check deposits will be available on the ninth Business Day after the day of deposit.

* Cash Deposits. If the cash deposits are made in person to an employee of BankFirst Financial Services, then the funds will be made available on the day we receive your deposit. If the deposits are not made in person to an employee, then the funds will be made available no later than the second Business Day after the day of your deposit.

U.S. Treasury Checks. These checks must be made payable to you and deposited into your account.

U.S. Postal Service Money Orders; Federal Reserve Bank or Federal Home Loan Bank Checks; State or Local Government Checks; Cashier's, Certified, or Teller's Checks; or Traveler's checks. These checks must be made payable to you, made in person to one of our employees, and deposited into your account.

If any of these conditions are not satisfied, then the first $5,525 of a day's total check deposits will be made available no later than the second Business Day after the day of your deposit.

DEPOSITS AT AUTOMATED TELLER MACHINES. If you make a deposit at an automated teller machine (ATM) that is owned and operated by us before 6:00PM CT on a Business Day that we are open, we will consider the deposit made that day. However, if you make a deposit at an ATM that is owned and operated by us after 6:00PM CT or on a day that we are not open, we will consider the deposit made on the next Business Day we are open.

ADDITIONAL ATM INFORMATION. Video Teller Machines (VTM) open until 6:00 PM CST.

ADDITIONAL DEPOSIT INFORMATION.

MOBILE DEPOSITS. If you make a mobile deposit before 4:00PM CT on a business day we are open, we will consider that to be the day of your deposit. However, if you make a deposit after 4:00PM CT or on a day we are not open, we will consider that the deposit was made on the next business day we are open.

ELECTRONIC DIRECT DEPOSITS. For electronic deposits, the "day of deposit" is the day it is received, which according to regulation is when BankFirst has both (i) received payment in actually and finally collected funds; and (ii) information on the account and amount to be credited.

E-SIGN DISCLOSURE AND ELECTRONIC COMMUNICATIONS AGREEMENT

As part of your relationship with us, we want to ensure you have all of the information you need to effectively manage your accounts, products and services. Certain laws and regulations require us to provide specific information to you “in writing,” which means you are entitled to receive it on paper. With your permission, we may instead provide some of this information to you electronically, as well as collect your electronic (rather than manual) signature(s), and store your records electronically. This E-Sign Disclosure and Electronic Communications Agreement (the “E-Sign Agreement”) provides additional detail about the communications, disclosures, agreements, notices and other documents that BankFirst (“BankFirst,” “Bank,” “we,” or “us”) would propose to send to, store for and sign with you
electronically, and sets out hardware and software requirements you need to receive these electronic communications. This E-Sign Agreement covers all of your accounts, products and services with BankFirst, and any accounts, products or services with BankFirst that you apply for, use, administer or access, now or in the future, electronically accessible, either currently or in the future, through
BankFirst’s Digital Banking Services (as that term is defined in the BankFirst Digital Banking Services Agreement), the Internet, email, a website, messaging services, and/or software applications for mobile or hand-held devices (together, “Digital Channels”). The words “you” and “your” mean you, the individual(s) or entity identified on any BankFirst account, product or service you have with us now or in the future, including but not limited to, any account, product or service you open electronically through Digital Channels. This E-Sign Agreement will be effective until expressly withdrawn by you. Any capitalized terms not defined in this E-Sign Agreement shall have the meaning assigned to them in the BankFirst Digital Banking Services Agreement.

Generally

You understand you must read this E-Sign Agreement carefully and keep a copy for your records. In order to apply for, register for, use, administer or access your account, product or service that BankFirst offers you (each as BankFirst may allow) electronically through the Digital Channels, you agree and consent to the electronic delivery of communications we provide to you. You also agree to the use of
electronic records and electronic signatures throughout your relationship with BankFirst. Examples of electronic communications we MAY send under this E-Sign Agreement (“Electronic Communications”) include, but are not limited to:

This E-Sign Agreement and any amendments;
Disclosures, agreements, acknowledgments, notices and other information or documents related to the opening or initiation of an account, product or service you have applied for or have with BankFirst, including, but not limited to, account agreements, fee schedules or other disclosures or notices that may be required by federal or state laws or regulations;
Service or user agreements for BankFirst’s Digital Banking Services or access to our websites or other electronic services and any amendments to these agreements;
Communications related to any BankFirst account, product or service;
Periodic account and activity statements concerning your BankFirst account, loan statements or invoices, disclosures and notices we provide to you concerning your BankFirst account, product or service;
Notices of amendments to any of your agreements with us; and
Other disclosures and notices we are legally required to provide to you, or choose to provide to
you in our discretion.

With your consent, BankFirst can deliver Electronic Communications to you by displaying the documents electronically and can request you sign (manually or electronically), print and/or download the documents and retain them for your records. If you need to update your email address or other contact information, you can do so by calling us 24/7 at (877) 441-2784, writing to us at, P.O. Box 31, Macon, MS, 39341, Attention: Online Banking Department, or by logging on to BankFirst’s website and clicking Contact Us.

We recommend that you print or download a copy of this E-Sign Agreement and all Electronic Communications to retain for your permanent records.

Additional Copies

You have the right to request that BankFirst provide you in non-electronic (paper) form any of your Electronic Communications, although you are aware that charges and fees for such non-electronic copies may be charged in accordance with BankFirst’s most current fee schedule. You may request paper copies of your Electronic Communications within 90 days of the original date of the Electronic Communication by contacting BankFirst at (877) 441-2784.

Hardware and Software Requirements

You will need a device with Internet access. The browser used should be the most current version of one of the following browsers that receive technical support and security updates: Microsoft Edge, Mozilla Firefox, Apple Safari or Google Chrome. Certain older web browsers may not be supported by BankFirst. If you are using an outdated version, you may need to update it in order to access your account or any related service online.

Certain Electronic Communications may be available in PDF format only. You will need a program that accurately reads and displays PDF files (such as Adobe® Reader®). If you do not have Adobe® Reader® you can download it at no charge from the following link https://get.adobe.com/reader/ (Note that by clicking the link, you will be taken to a third-party site not managed by BankFirst. As a result, different security or privacy practices may apply. We do not endorse, recommend or guarantee any products or services contained at the linked page.) You agree that you have provided BankFirst with a valid e-mail address and can access, download, and print PDF files. You agree to notify us promptly of any change in your email address. We recommend you keep your security settings up to date and that you enable JavaScript.

To print Electronic Communications you must have a printer connected to your computer. To download Electronic Communications, if available, you must have sufficient hard-drive space to store the relevant materials.

If there is a change in the hardware or software requirements needed to access or retain electronic records, and such change creates a material risk that you will not be able to access or retain subsequent electronic records subject to your consent granted by this E-Sign Agreement, we will provide you with a statement of the revised hardware and software requirements for access to and retention of electronic records, as permitted by the E-Sign Agreement. You will have the right to withdraw consent as permitted under this E-Sign Agreement.

How to Withdraw Your Consent

To withdraw your consent to receive electronic periodic account and activity statements concerning your BankFirst account (and instead receive paper statements), log in to your account https://www.bankfirstfs.com/ and select the paper statement delivery option. To withdraw your consent to this E-Sign Agreement altogether, call BankFirst at (877) 441-2784. Your withdrawal of consent is effective only after you have communicated your withdrawal to BankFirst as described above and BankFirst has had a reasonable period of time to act upon your withdrawal. Revoking your consent will not affect the legal effectiveness, validity or enforceability of Electronic Communications, electronic records or electronic signatures that were made available to you, created by you, stored or signed prior to your revocation of consent.

Federal Law; Termination and Changes

You acknowledge and agree that your consent is being provided in connection with a transaction affecting interstate commerce that is subject to the federal Electronic Signatures in Global and National Commerce Act (“E-Sign Act”), and that you and we both intend that the E-Sign Act apply to the fullest extent possible to validate our ability to conduct business with you by electronic means. We reserve the right, in our sole discretion, to discontinue your participation in Electronic Communications at any time, or to terminate or change the terms and conditions on which we provide Electronic Communications. We will provide you with notice of any such termination or change as required by law.

Agreement and Acknowledgement

By clicking “I Agree” and consenting to this E-Sign Agreement, you represent and warrant: (i) you have read, understood, and agree to the terms of this E-Sign Agreement; (ii) you consent to receive Electronic Communications, have your records electronically stored and use electronic signatures with us (each as BankFirst may allow), as stated in this E-Sign Agreement; and (iii) the Internet devices you will use to access the Electronic Communications meet the system requirements to access information and to retain information as stated in this E-Sign Agreement.

If you DO NOT want to consent to receiving Electronic Communications, PLEASE EXIT THE ENROLLMENT SCREEN NOW. You understand that if you DO NOT want to consent to receiving Electronic Communications, you should not proceed.

(NOTE: BankFirst makes this agreement available for review on https://www.bankfirstfs.com/ and by request. The foregoing provisions in the section titled “Agreement and Acknowledgement” are applicable only in the event you are accepting this E-Sign Agreement to enroll in and receive Electronic Communications. If you are reviewing a copy of this E-Sign Agreement during any other time or if a copy is provided to you in another form, you understand and acknowledge that there may be no consent process associated with the review of the copy provided to you.)

PRIVACY POLICY

What does BankFirst Financial Services do with your personal information? Below is BankFirst's Privacy Policy.

_Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share and protect your personal information. Please read this notice carefully to understand what we do.

_What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

Social Security number and account balances
Payment history and transaction history
Credit history and checking account information

When you are no longer our customer, we continue to share your information as described in this notice.

_How?

All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons BankFirst Financial Services chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information	Does BankFirst Financial Services share?	Can you limit this sharing?
For our everyday business purposes such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus	Yes	No
For our marketing purposes to offer our products and services to you	Yes	No
For joint marketing with other financial companies	Yes	No
For our affiliates' everyday business purposes — information about your transactions and experiences	No	We don't share
For our affiliates' everyday business purposes — information about your creditworthiness	No	We don't share
For our affiliates to market to you	No	We don't share
For non-affiliates to market to you	No	We don't share

_Questions?

Call (877) 441-2784

_{Who We Are}

Who is providing this privacy policy? BankFirst Financial Services

_{What We Do}

How does BankFirst Financial Services protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does BankFirst Financial Services collect my personal information?
We collect your personal information, for example, when you: (1) Open an account or apply for a loan, (2) Make deposits or withdrawals from your account or provide account information, (3) Make a wire transfer. We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can't I limit sharing?
Federal law gives you the right to limit only: (1) sharing for affiliates' everyday business purposes - information about your creditworthiness, (2) affiliates from using your information to market to you, (3) sharing for non-affiliates to market to you. State laws and individual companies may give you additional rights to limit sharing.

_Definitions

Affiliates: Companies related by common ownership or control. They can be financial and non-financial companies. BankFirst Financial Services has no affiliates.
Non-affiliates: Companies not related by common ownership or control. They can be financial and non-financial companies. BankFirst Financial Services does not share with non-affiliates so they can market to you.
Joint Marketing: A formal agreement between non-affiliated financial companies that together market financial products or services to you. Our joint marketing partner(s) include Financial Service Providers and Insurance Providers.

EQUAL OPPORTUNITY FOR ALL

In accordance with federal laws and U.S. Department of the Treasury policy, BankFirst is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability.

To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity, 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an email to: crcomplaints@treasury.gov.

It is the policy of BankFirst Financial Services not to discriminate against any person who is Limited English Proficient (LEP). In accordance with Title VI of the Civil Rights Act of 1964 and Executive Order 13166, BankFirst will take all reasonable steps to provide LEP persons meaningful access to products and services upon request as
described in the bank’s Language Assistance Plan (LAP). Click the link below to view the LAP.

Language Access Plan