BILL PAYMENT (PayLinks) SERVICE DISCLOSURE

This service is provided by PayLinks, which is being offered through Farmers State Bank

You agree to authorize PayLinks to post payment transactions initiated from Farmers State Bank’s Online Banking Bill Payment Service to the account that you previously selected at the time of your Online Banking and/or Bill Payment registration. You are in full control of your account. Your use of the Bill Payment Service signifies that you have read and agree to the terms and conditions of this Electronic Bill Payment Service Disclosure. If at anytime you decide to discontinue service, written notification must be sent to Farmers State Bank at least thirty (30) days in advance of the date you wish to cancel your service. You can mail your written request to:

Farmers State Bank
Attn: E-Banking Department
P.O. Box 499
Groesbeck, TX 76642-0499

The Monthly Fee Schedule for this service is as follows:

If you choose to receive your monthly statement by e-statement there is no monthly fee for Bill Payment and there is no limit on the number of bills that can be paid. If you opt-out of e-statements and prefer to receive your bank statements via mail then the cost of Internet Banking & Bill Pay is $4.00/month. The Bill Payment Service is subject to approval. We reserve the right to adjust the monthly maintenance fee for the use of this service. Prior to fee changes, we will notify you in writing thirty (30) days before all changes go into effect. Your use of the service after the effective date of change confirms your agreement to the changes. Items presented against non-sufficient funds (NSF) will result in the following fees:

Farmers State Bank will assess an NSF Charge of $27.50 against your checking account should there be insufficient funds in your account at the time a bill payment occurs. Farmers State Bank will assess a per item charge of $27.50 for each item that is presented for payment and returned unpaid.

Payments to a federal, state or local taxes are not allowed. Payment of funds for ALL bill payments (either by check or electronically) will be debited from your specified account ON THE DAY the payment is scheduled to be transmitted to the receiver. There is a difference between pay date and due date. The pay date is when the bank will start processing the payment which may take up to four (4) business days to reach the vendor electronically or ten (10) business days to reach the vendor by check. The due date is when the payment must arrive at the creditor. Farmers State Bank or PayLinks will not be liable for any service fees or late charges levied against you if the payment is not sent at least ten (10) business days before the due date. All payments made by Online Banking require sufficient time for the receiver to process the payment and credit your account. We suggest ten (10) business days.

You are responsible for any loss or monetary penalty that you may incur due to the lack of sufficient funds (NSF) or other conditions that may prevent the withdrawal of funds from your account. Farmers State Bank reserves the right to cancel this service at any time due to excessive NSF activity. Accounts with NSF activity will be blocked out of the service until the NSF item(s) have been corrected. No additional bill payments will be processed until the account is properly funded and the return(s) cleared. Farmers State Bank will remove the block once the issue is cleared up and the payment is received.

If you have any questions, including how to schedule a payment or add a biller, try the extensive online “Help” feature within PayLinks. Or, please call Bill Pay Services at 1-888-918-7572. You can also mail your written request to PayLinks, 560 Carillon Parkway, St. Petersburg, Florida 33716. You will need your Bill Payment User ID Number to identify yourself.