Online Banking Agreements

Personal Online Banking Agreement

This Online Banking Agreement (“Agreement”) for Highland Bank, a Minnesota banking corporation (“Bank”) contains the terms and conditions governing the following online services: balance reporting, transfers between accounts, stop payments and address changes.

TERMS AND CONDITIONS OF THE PERSONAL ONLINE BANKING SERVICE

This Online Banking Agreement (“Agreement”) for Highland Bank, a Minnesota banking corporation (“Bank”) contains the terms and conditions governing the following online services: balance reporting, transfers between accounts, stop payments and address changes. The accounts that may be accessed via Highland Bank Online Banking (“Online Banking”) include checking, savings and loan accounts (“Eligible Account(s).”) In addition to this Agreement, your accounts shall continue to be governed by the Terms and Conditions of Your Account document.

Access

To use Online Banking; you must have at least one (1) Eligible Account with the Bank, access to internet services and an active e-mail address. Online Banking can be used to access only the Eligible Accounts for which you are a signer.

Hours of Accessibility

Online Banking is available seven (7) days a week, twenty-four (24) hours a day. Some or all Online Banking services may be unavailable periodically for testing or installation of upgrades.

Transferring of Funds

You are responsible for ensuring that transfers are executed based on the “available balance” versus the “ledger balance”. The number of electronic transfers from a savings account is limited to six (6) per statement cycle as described in our most recent Terms and Conditions of Your Account document. Transfers initiated through Online Banking before 6:00 pm Central Time on a “Business Day” shall be posted to your account on the same day. “Business Day” means any day except Saturdays, Sundays and Federal Reserve holidays. Transfers initiated after 6:00 pm Central Time on a Business Day and transfers initiated on days which are not a Business Day, shall be posted to your account on the next Business Day.

Honoring of Transfers

Online Banking does not require any intervention on the Bank’s part to process transfers, consequently it is your responsibility to ensure that transfers are being executed based on the “available balance” versus the “ledger balance” and that the transfers are valid. Individuals control security password access to Online Banking; therefore, the Bank assumes the holder of the password has authorized all transfers. The Bank shall assume no liability for unauthorized transfers.

Stop Payment Order

Notwithstanding any law, rule or regulation to the contrary, you acknowledge that a Stop Payment Order on a check or series of checks initiated through the Online Banking is binding for a six (6) month time frame from the date of placement. By accepting this Agreement, you acknowledge you have provided written authorization for all Stop Payment Orders initiated through the Online Banking.

Protecting your Account

Your role in preventing misuse of your account information is extremely important. In addition to protecting your account information, you should also take precautions to protect your password. You are responsible for keeping your password and account data confidential. If you believe your password has become known to others, you should change it immediately.

Fees

Fees may apply to Online Banking services. For information, contact your Banker or Customer Service. The Bank reserves the right to charge for use of uncollected funds if transfers are executed based on ledger balance versus the available balance. The Bank also reserves the right to charge a fee for functionality that is added in later releases. The Bank shall notify you in writing regarding any fee changes at least thirty (30) days in advance of the effective date of such changes.

Termination

The Bank reserves the right to terminate your Online Banking privileges under this Agreement without notice to you for any reason, including but not limited to, your failure to comply with the applicable agreements governing your checking, savings or loan accounts or your failure to maintain your accounts in good standing.

You may terminate use of Online Banking at any time either by calling 952-858-4888 or 1-877-457-1305 or faxing a termination request to 763-420-3644.

Business Online Banking Agreement

This Online Banking Agreement ("Agreement") for Highland Bank, a Minnesota banking corporation ("Bank") contains the terms and conditions governing the following online services: balance reporting, transfers between accounts, stop payments and address changes.

TERMS AND CONDITIONS OF THE BUSINESS INTERNET BANKING SERVICE

This Online Banking Agreement (“Agreement”) for Highland Bank, a Minnesota banking corporation (“Bank”) contains the terms and conditions governing the following online services: balance reporting, transfers between accounts, stop payments and address changes. The accounts that may be accessed via Highland Bank Online Banking for Business (“Online Banking”) include checking, savings and loan accounts (“Eligible Account(s).”) In addition to this Agreement, your accounts shall continue to be governed by the most recent Terms and Conditions of Your Account document.

Passwords

The Bank shall issue the corporate administrator a temporary password. The corporate administrator shall be prompted to change the password at the first log-on.

Access

To use Online Banking; you must have at least one (1) Eligible Account with the Bank, access to internet services and an active e-mail address. The corporate administrator shall be responsible for establishing a password for other authorized corporate employees.

Hours of Accessibility

Online Banking is available seven (7) days a week, twenty-four (24) hours a day. Some or all Online Banking services may be unavailable periodically for testing or installation of upgrades.

Transferring of Funds

You are responsible for ensuring that transfers are executed based on the “available balance” versus the “ledger balance.” The number of electronic transfers from a savings account is limited to six (6) per statement cycle as described in our most recent “Terms and Conditions of Your Account” document. Transfers initiated through Online Banking before 6:00 pm Central Time on a “Business Day” shall be posted to your account on the same day. “Business Day” means any day except Saturdays, Sundays and Federal Reserve holidays. Transfers initiated after 6:00 pm Central Time on a Business Day and transfers initiated on days which are not a Business Day, shall be posted to your account on the next Business Day.

Honoring of Transfers

Online Banking does not require any intervention on the Bank’s part to process transfers, consequently it is your responsibility to ensure that transfers are being executed based on the “available balance” versus the “ledger balance” and that the transfers are valid. Individuals control security password access to Online Banking; therefore, the Bank assumes the holder of the password has authorized all transfers. The Bank shall assume no liability for unauthorized transfers.

Stop Payment Order

Notwithstanding any law, rule or regulation to the contrary, you acknowledge that a Stop Payment Order on a check or series of checks initiated through the Online Banking is binding for a six (6) month time frame from the date of placement. By accepting this Agreement, you acknowledge you have provided written authorization for all Stop Payment Orders initiated through the Online Banking.

Protecting your Account

Your role in preventing misuse of your account information is extremely important. In addition to protecting your account information, you should also take precautions to protect your password. You are responsible for keeping your password and account data confidential. If you believe your password or an employee’s password has become known to others, you should change it immediately.

Fees

Fees may apply to Online Banking services. For information, contact your Banker or Customer Service. The Bank reserves the right to charge for use of uncollected funds if transfers are executed based on ledger balance versus the available balance. The Bank also reserves the right to charge a fee for functionality that is added in later releases. The Bank shall notify you in writing regarding any fee changes at least thirty (30) days in advance of the effective date of such changes.

Termination

The Bank reserves the right to terminate your Online Banking privileges under this Agreement without notice to you for any reason, including but not limited to, your failure to comply with the applicable agreements governing your checking, savings or loan accounts or your failure to maintain your accounts in good standing.

You may terminate use of Online Banking at any time either by calling 952-858-4888 or 1-877-457-1305 faxing a termination request to 763-420-3644.