Visa CheckCard Terms and Conditions

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In consideration of the receipt of the Dacotah Bank Visa CheckCard or ATM Card, and the privileges to which the cardholder is entitled, you hereby agree to the following terms and conditions as to the use of said card:

(a) The Dacotah Bank CheckCard or ATM Card and its coding is, and remains, the property of Dacotah Bank. You agree to surrender your Dacotah Bank CheckCard or ATM Card to Dacotah Bank immediately upon request or when you close or otherwise change the status of your account(s) in Dacotah Bank, as hereinafter defined. Dacotah Bank reserves the right to cancel and/or modify any or all card privileges, without notice.

(b) You agree to use this card as instructed and only for purposes authorized by Dacotah Bank. Cash withdrawals may be initiated against your account(s) only by the combined use of the Dacotah Bank CheckCard or ATM Card and your Personal Identification Number (PIN). Purchase transactions may be initiated against your primary checking account only by using the Visa CheckCard at merchants that accept Visa debit cards.

(b-1) You agree not to authorize or permit any other person to use your card.
(b-2) You agree not to disclose your PIN to anyone, nor record it on the card.
(b-3) You agree that in any event, except as specifically provided in paragraph (m) below, all transactions made to your account(s) by Dacotah Bank as a result of the use of this card (or by the use of a card issued to any other party who is named as a joint owner of the affected account) shall be fully binding on you, and Dacotah Bank is authorized and directed to credit and/or charge, all deposits, withdrawals, purchases, borrowings and transfers to or from your account(s) and to accept all payments on your indebtedness as, when and by whomever made with the card through the use of the machine without further inquiry.

(c) Dacotah Bank provides this card to you as a banking service; however, it is possible this service may not function properly at all times. Dacotah Bank makes no claims or warranties in respect thereto and shall not be responsible or liable if the service at any time should fail to function properly.

(d) You agree that while maintaining a Dacotah Bank CheckCard or ATM Card credit information about you can be obtained from a credit bureau or other source.

(e) ATM deposits after 5 PM Central time will be credited to your account on the next business day. All deposits and payments shall be subject to verification. In receiving items for deposit Dacotah Bank acts only as a collecting bank, as defined in the Uniform Commercial Code. The responsibility of the bank and the mutual rights and obligations of you and the bank shall be governed by the general provisions of the Uniform Commercial Code-Bank Deposits and Collections, and by all other applicable laws, rules, regulations and agreements governing your account(s).

(f) For your protection, CheckCards are issued with an expiration date. Dacotah Bank CheckCards expire after 36 months and are automatically re-issued. We may not issue a renewal Card if your Account has had no activity within six (6) months of the expiration date. Renewal cards will be imprinted with a new expiration date, and must be activated before use. Once you receive and activate your renewal card, you must contact any party with whom you have a recurring charge against your card number and give them the new expiration date. Your failure to provide this date could result in the termination of the recurring charge. Dacotah Bank ATM Cards do not expire.

(g) Fees
(g-1) Notice regarding ATM fees by others: If you use an ATM that is not operated by Dacotah Bank, you may be charged a fee by the operator of the machine and/or by an automated transfer network. The institution implementing the ATM transaction surcharge at their ATM must disclose to you the amount of the surcharge before you complete your transaction and must give you the option to discontinue your transaction before you incur such a surcharge. These fees are included in the debit amount shown on your account statement and reflected on the receipt you receive at the time of the withdrawal. In addition, Dacotah Bank will debit from your account a service charge of $1.50 for each transaction made using a non-Dacotah Bank ATM. All fees are waived at Allpoint ATMs. For a list of Allpoint ATMs, visit our website.
(g-2) You may be charged a fee if your card is lost and you require a replacement card to be ordered.
(g-3) You may be charged a fee if your PIN is lost and you require a replacement to be ordered.

(h) Limitations
(h-1) Visa cards may not be used for any illegal transaction, such as unlawful gambling.
(h-2) There is no availability of Point-of-Sale (POS) purchase transactions from money market accounts.
(h-3) You cannot place a stop payment on a Point-of-Sale (POS) purchase transaction. (h-4) Limits for the Dacotah Bank Card are: Visa CheckCard - Cash Withdrawal Daily Limit $2500. Point-of-Sale (POS) Purchase Limit $2500. ATM Card - Cash Withdrawal Daily Limit $2500.
(h-5) Optional limits available upon request.
(h-6) Limits are subject to available balances. Holds may reduce your available point-of-sale purchase limit. If the bank receives an electronic request from a merchant seeking validation of the card and/or approval of the purchase amount, a hold for the purchase amount will be placed on the account designated as your primary checking account. Some merchants (such as hotels, car rental companies, restaurants, and gas stations) may initiate electronic requests for the "anticipated" purchase amount which may exceed the amount of the actual purchase transaction. The bank will place the hold against your account for the "anticipated" amount. Holds remain in effect until the settlement portion of the transaction is processed, or for up to three business days.
(h-7) For security reasons, there may be limits placed on the number of transactions authorized by your CheckCard.
(h-8) In the event the host is off-line, Dacotah Bank reserves the right to process transactions against lower limits.

(i) Documentation
(i-1) Terminal Transfers. You can get a receipt at the time you make any transfer to or from your account using one of our automated teller machines or point-of-sale terminals.
(i-2) Preauthorized credits. 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 our bank branch nearest you to find out whether or not the deposit has been made.
(i-3) Periodic Statements. You will get a monthly account statement from us for your checking accounts. You will get a monthly account statement from us for your money market accounts unless there are no transfers in a particular month. In any case, you will get a statement at least quarterly.

(j) Financial Institution’s Liability
Liability for failure to make transfers. If we do not complete a transfer to or from your account on time in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:
(j-1) If, through, no fault of ours, you do not have enough money in your account to make the transfer.
(j-2) If you have an overdraft line and the transfer would go over the credit limit.
(j-3) If the automated teller machine where you are making the transfer does not have enough cash.
(j-4) If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
(j-5) If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.

(k) Confidentiality
We will disclose information to third parties about your account or the transfers you make:
(k-1) Where it is necessary for completing transfers; or
(k-2) In order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; or
(k-3) In order to comply with government agency or court orders; or
(k-4) If you give us written permission.

(l) Currency Conversion
When you use your Dacotah Bank Visa CheckCard at a merchant that settles in currency other than US dollars, the charge will be converted into the US dollar amount. The currency conversion rate used to determine the transaction amount in US dollars is either a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government mandated rate in effect for the applicable central processing date, in each instance, plus or minus any adjustment determined by the issuer. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting date.

(m) Unauthorized Transfers
Consumer Liability. Tell us AT ONCE if you believe your card has been lost or stolen. Call 1-800-881-5611 to report a lost or stolen card. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your account (plus your maximum overdraft line of credit).
(m-1) If you tell us within two business days, you can lose no more than $50 if someone used your card and/or code without your permission. If you do NOT tell us within two business days after you learn of the loss or theft of your card and/or code and we can prove we could have stopped someone from using your card without your permission if you had told us, you could lose as much as $500.
(m-2) Also, if your statement shows transfers that you did not make, including those made by card, code or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.
(m-3) Additional Limit on Liability for Dacotah Bank Visa Check Card. Unless you have been grossly negligent or have engaged in fraud, you will not be liable for any unauthorized transactions using your lost or stolen Dacotah Bank CheckCard. This additional limit on liability does not apply to ATM transactions, or to transactions using your Personal Identification Number which are not processed by VISA®.

(n) Error Resolution Notice:
(n-1) In Case of Errors or Questions About Your Electronic Transfers, Call or Write us at the telephone number or address listed below as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared. (1) Tell us your name and account number (if any). (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. (3) Tell us the dollar amount of the suspected error.
(n-2) If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days.
(n-3) We will determine whether an error occurred within 10 business days (5 business days if involving a Visa® transaction or 20 business days if the transfer involved a new account) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days (90 days if the transfer involved a new account, a point-of-sale transaction, or a foreign initiated transfer) to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days (5 business days if involving a Visa® transaction or 20 business days if the transfer involved a new account) for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your account. An account is considered a new account for 30 days after the first deposit is made, if you are a new customer.
(n-4) We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation.
(n-5) You may ask for copies of the documents that we used in our investigation.

Health Savings Accounts Debit Card:

You may refer to your full Electronic Funds Transfer disclosure (provided at the time of account opening) for full details on electronic funds management. For an additional copy of this or other disclosures, contact: