Waukegan Savings Bank

FHA Approved Lender

Online Banking

e-Statements

Online Bill Pay

Phone Banking

ATM Card

Debit Card

The confidentiality, security, and integrity of your nonpublic personal information is of primary importance to Waukegan Savings Bank. We maintain strict policies and procedures to safeguard your privacy. We educate our employees about the importance of confidentiality and customer privacy. In the event that you terminate your relationship with us, we will continue to adhere to the policies and practices described in this notice.

Information We Collect

We may collect nonpublic personal information about you from the following sources:
• Information we receive from you on applications or other forms;
• Information about your transactions with us or others; and
• Information we receive from a consumer reporting agency.

Information We Share

We may share information with certain nonaffiliated third parties(under limited circumstances) to the extent permissible under law to service your account, offer you products or services we believe you may find valuable, and to manage risk. We do not share any nonpublic personal information about you to anyone, except as permitted by law.

Joint Marketing Partners

In order to offer our valued customers other financial products or services, we may disclose the following information to nonaffiliated third parties that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements:
• Information we receive from you on applications or other forms, such as your name and address;
• Information about your transactions with us, such as your account balance, parties to transaction, and account terms;
• Information we receive from a consumer reporting agency, such as your creditworthiness and credit history.

About "COOKIES"

To provide better service and a more effective web site, we may use "cookies" as part of our interaction with your browser. A "cookie" is a small text file placed on your hard drive by our Web page server. This is used to determine whether you are a first-time visitor or a return visitor. You may prevent the placement of cookies by setting your web browser to notify you before a cookie is to be placed. This will give you the opportunity to decline the cookie. You must accept the cookies however, when you enter areas where you need to register, such as online banking or where you are able to customize the information you see. This is necessary for site administration and security.

About "Use of Website Disclaimer"

Federal law forbids the publication or the possibility of unlawful access to the Waukegan Savings Bank website. People who are subject to such acts may therefore not visit the Waukegan Savings Bank website. Such limitations apply in particular to citizens of the United States of America, as well as persons domiciled in all other countries. Waukegan Savings Bank would like to point out that local laws do not protect such people. It is the responsibility of each individual to obtain information from experienced and authorized advisors on the limitations that pertain to them.

The Waukegan Savings Bank website has been developed with extensive care. Waukegan Savings Bank shall not be liable for any failure or harm of any kind whatsoever arising from the use of the website or the information contained therein. The website is subject to change at any time and without any specified prior notice.
All ownership, copyright and other rights to the entire content of the Waukegan Savings Bank website remain with Waukegan Savings Bank. The intellectual property of certain data is of news and information providers or third parties whose ownership rights are likewise reserved. In particular data may not be distributed, sold, forwarded or otherwise made available to third parties. The data on the website are for your own personal and individual use. Waukegan Savings Bank permits the downloading or printing of pages from the site if the full source is quoted.

No responsibility is assumed for the reproduction of data supplied by third parties on the Waukegan Savings Bank website such as securities prices, various indices, performance data etc. Neither Waukegan Savings Bank nor any information provider or third party supplying data to an information provider assumes any liability for any damage or consequential damage caused by incorrectly, inaccurately or incompletely reproduced information or computations on the website. Visitors to the website are requested to verify the information received with regard to its integrity and to make their investment decisions on the basis of their own investigations (advice from third parties, other publications etc.).

The transmission of information via the Internet may be subject to interference, delays, errors or omissions in the supply of the data, which are beyond the control of Waukegan Savings Bank or its information providers. Neither Waukegan Savings Bank nor its information providers shall be responsible for any damage caused by such insufficiency. Waukegan Savings Bank is not liable for any consequential damage resulting from delays or any inability to access the Waukegan Savings Bank website. Waukegan Savings Bank draws your attention to the fact that there are risks attached to the use of E-mail and electronic forms in business dealings with the Bank. The data involved may be accessed, read or altered by third parties and Waukegan Savings Bank identified as the recipient. This may result in inferences being drawn about your relationship with Waukegan Savings Bank. Waukegan Savings Bank is no responsible for the risks or results of those risks when transferring data electronically. Finally, Waukegan Savings Bank prohibits any malicious activity to information contained anywhere within or on the Waukegan Savings website. Violators will be subject to prosecution.

Maintaining strong relationships with our customers is our privilege, and we continuously strive to offer superior service. Guarding your privacy is not only our obligation to you, but our priority.
We reserve the right to change this policy at any time by posting a new privacy policy.

Fraud And Identity Theft

At Waukegan Savings Bank, we recognize the importance of protecting the privacy and security of our customers and those who visit our website. It is also very important for you to understand how to protect your privacy, and prevent being a victim of fraud and identity theft.

Listed below are links that will take you to various topics outlining fraud and identity theft protection. Please read through these sections carefully, they will provide you with valuable information on how to protect yourself, and how we protect you.

Protect Your Identity

The best way to protect yourself from fraud and identity theft is to educate yourself on how to prevent it. With so much information being exchanged, it is imperative that you understand how to manage your personal information. Listed below are some key ways you can protect yourself.

Monitor your bank and credit card accounts regularly. You can check your account information over the phone, at ATMs, or using the Internet.
Reduce the amount of paper in your life, and shred sensitive documents.
Lighten your wallet; most identity theft comes from lost or stolen wallets, checkbooks, and credit cards.
Take advantage of your right to obtain a free credit report.
https://www.annualcreditreport.com

How to Safeguard Your Information

Look for website privacy policies and disclosures.
Secure online accounts with difficult-to-guess personal identification numbers.
Use online accounts; they are a "safe" way to do business.
Get a separate e-mail account for your personal e-mail.
Do not open e-mail attachments from unknown senders.
Clear your temporary Internet files after browsing.
Opt-out of third-party information sharing.
Log off or lock your computer whenever you are away.
Choose passwords that are hard for others to guess.
Don't give your passwords to anyone, and don't store them in an easy-to-find place.
Install anti-virus and anti-spyware software on your PC, and keep it up-to-date.
Only use software from reliable vendors.

Visit the websites below to learn more about the crime of fraud and identity theft in our nation.
http://www.ftc.gov/bcp/edu/microsites/idtheft/
http://www.usdoj.gov/criminal/fraud/

A scam is an intentional attempt to mislead you with the goal of personal gain. There are many different types of mail, telephone, and e-mail scams. One of the most popular types of scam is called "phishing." "Phishing" is an attempt to acquire your personal information by posing as a legitimate business.
The most important thing you can do to prevent being a scam victim is to never give your money, or personal information, to an unknown business or person, especially one who has contacted you. To ensure you know who you are communicating with, you should call or mail the company back using phone numbers or addresses you know are correct.

To learn more about different types of scams, and how to prevent them visit these sites:
http://www.lookstoogoodtobetrue.com/
http://www.fbi.gov/majcases/fraud/fraudschemes.htm

You are entitled to receive one free credit report every 12 months from each of the nationwide consumer credit reporting companies – Equifax, Experian and TransUnion. This free credit report can be requested through the Internet, by phone, or by mail. Click below to be directed to annualcreditreport.com for more details.
https://www.annualcreditreport.com

Equifax
To report fraud, call: 888-766-0008 and write:
P.O. Box 740241, Atlanta, GA 30374-0241
http://www.equifax.com/
To order your credit report, call: 800-685-1111 or write:
P.O. Box 740241, Atlanta, GA 30374-0241

TransUnion
To report fraud, call: 800-680-7289 and write:
Fraud Victim Assistance Division, P.O. Box 6790, Fullerton, CA 92634,
http://www.transunion.com/
To order your credit report, call 800-888-4213 or write:
P.O. Box 1000, Chester, PA 19022

Experian
To report fraud, call: 888-397-3742 and write:
P.O. Box 2002, Allen, TX 75013
http://www.experian.com/
To order your credit report, call: 888-397-3742 or write:
P.O. Box 2002, Allen, TX 75013

The Federal Bureau of Investigation (FBI) and National White Collar Crime Center (NW3C) developed this website to give victims of cyber crime a convenient easy-to-use reporting mechanism that alerts authorities of suspected criminal or civil violations.
http://www.ic3.gov/

How We Protect You

Enhanced Login Security is a free and easy way to help prevent fraud. Whether at home, at the office, or on the go, Enhanced Login Security identifies you as the true "owner" of your accounts by recognizing not only your password, but your computer as well. If your computer isn't recognized, then you've logged in from a computer you haven't used before, and a temporary access pass code will be sent to your email on record as an additional line of defense to prevent unauthorized access.

Enhanced Login Security

Defends against identity theft and fraud.
Provides added login security by registering not only your password, but also the computer you commonly use.
Makes it easy for you to sign up and enjoy convenient access.

Terms and Conditions (Personal Internet Banking)

This Agreement describes Your rights and obligations as a user of the Internet Banking or the Internet Banking Bill Payment Service. It also describes the rights and obligations of Waukegan Savings Bank. Please read this Agreement carefully. By requesting and using one of these Services, You agree to comply with the terms and conditions of this Agreement.

Definitions

The following definitions apply to this Agreement: "Internet Banking" is the Internet-based banking service providing access to Your Waukegan Savings Bank account(s).

"Internet Banking Accounts" means any Waukegan Savings account from which You will be conducting transactions using our Service.
"Internet Banking Bill Pay Account" means any Waukegan Savings Bank checking account from which you have designated Internet Banking Bill Payments.
"Password" is the code chosen by You for your use and establishes Your connection to the Service.
"Time of day" references are to Central Standard Time or Central Daylight Time, as applicable.
"We," "Us" or "WSB" refers to Waukegan Savings Bank which offers the Service and which offers the accounts accessed by the Service.
"You" and "Your" refers to any person(s) or business that signed the agreement requesting the Internet Banking Service or the Internet Banking Bill Pay Service.

Access to Services

WSB will provide on-line instructions on how to use the Internet Banking Service or Internet Banking Bill Pay Service. You will gain access to Your Internet Banking Accounts through the use of Your Internet-enabled device, Your Internet Service Provider, Your Password and Your Personal Identification number.

Use of Your Security Password

You agree not to allow anyone to gain access to the Service or to let anyone know Your Password used with the Service. Should there be a breach in the use of your security password, you agree to assume responsibility for all transactions up to the limits allowed by applicable law. WSB cannot guarantee and is not liable for breaches in Internet security.

If Your Password has been Lost or Stolen

If Your Password has been lost or stolen, promptly (within 2 days) call 1-847-623-6400, 9:00 a.m. to 5:00 p.m., Monday through Thursday, 9:00 a.m. to 6:00 p.m., Friday, or 9:00 a.m. to 1:00 p.m. Saturday (except holidays). Telephoning WSB is the best way of minimizing Your losses.

If Your Statement Shows Transfers that You did not Make

If Your statement shows transfers that You did not make through the Internet Banking system, please notify us immediately by calling WSB, 9:00 a.m. to 5:00 p.m., Monday through Thursday, 9:00 a.m. to 6:00 p.m. Friday or Saturday 9:00 a.m. to 1:00 p.m. (except holidays) at (847) 623-6400. You should follow up your notification in writing and mail to:

Waukegan Savings Bank
Attention: Internet Banking Service Rep
1324 Golf Road
Waukegan, IL 60087

If You do not notify WSB within 60 days after the statement was mailed to You, You may not recover any money lost after 60 days which would not have been lost if WSB had been notified in time. If a good reason (such as a long trip or hospitals stay) delayed You from contacting WSB, WSB may at its discretion extend the time periods.

BANKING TRANSACTIONS WITH INTERNET BANKING

In addition to viewing account information, You may use Internet Banking to conduct the following transactions:
(1) Transfer Funds among Your checking accounts, statements savings accounts and money market accounts.

NOTE: Because regulations require WSB to limit preauthorized transfers (including Internet Banking Transfers), the following limitations apply:

(a) Statement Savings Account. Your can make no more than six (6) transfers per statement period by preauthorized transfer, automatic transfer, telephone or Internet Banking, and no more than three (3) may be draft or debit card to a third party.
(b) Money Market Deposit Savings Account. You can make no more than six (6) transfers per statement period by preauthorized or automatic transfer, telephone or Internet Banking and no more than three (3) of these may be by check, draft or debit card to a third party.

The titles and signers of both preauthorized accounts involved in a transfer must be the same. However, the Bank may, at its discretion, accept an authorization involving an individual account and a joint account where the signer on the individual account is also a signer on the joint account.

(2) New Services may be introduced for Internet Banking from time to time. WSB will notify You of the existence of these new services. By using these Services when they become available, You agree to be bound by the rules, which will be made available to You concerning these services.

Internet Banking Errors and Questions

In case of errors or questions regarding WSB Internet Banking, contact the Internet Banking Representative, 9:00 a.m. to 5:00 p.m., Monday through Thursday, 9:00 a.m. to 6:00 p.m. Friday, or Saturday 9:00 a.m. to 1:00 p.m. (except holidays) at (847) 623-6400. You can also write us at:

Waukegan Savings Bank
Attention: Internet Banking Service Rep
1324 Golf Road
Waukegan, IL 60087

We must hear from You at the specified telephone number or address no later than 60 days after we sent You the FIRST statement on which the problem or error appeared.

We will need:
1. Your name and account number (if any).
2. A description of the error or the transfer in question and an explanation concerning why You believe it is an       error or need more information.
3. The dollar amount of the suspected error and date on which it occurred.

If the report is made orally, we require that You send the complaint or question in writing within ten (10) business days. We will notify You with the results of the investigation within ten (10) business days and will correct any error promptly. If more time is needed, however, we will notify You in writing and may take up to 45 days to investigate a complaint or question. If this occurs, we will credit Your account within ten (10) business days for the amount You think is in error. This will allow You to use the money during the time it takes us to complete our investigation. If Your complaint or question is not received in writing within ten (10) business days, we may not credit Your account until the investigation is completed.

If we determine that no error occurred, we will send You a written explanation after the investigation is complete. You may request copies of the documents that were used in the investigation. You agree that WSB may respond to You by electronic mail with regard to any claim of unauthorized electronic fund transfer related to the service. Any such electronic mail sent to You by WSB shall be considered received within three (3) business days of the date sent by WSB, regardless of whether or not You access the Service within that time frame.

INTERNET BANKING BILL PAYMENT SERVICE

The Internet Banking Bill Payment Service ("Internet Banking Bill Pay") permits You to use Your Internet-enabled device to direct payments from Your designated Internet Banking Bill Pay Account to third parties You wish to pay. Your Internet Banking Bill Pay Account must be a checking account. Through the Internet Banking Bill Pay, You can pay bills from Your Internet Banking Bill Pay Account to businesses or individuals. WSB reserves the right to use an outside third-party company(ies) to provide processing of Internet Banking Bill Pay requests.

All payments You make will be deducted from the account that You designate as Your Internet Banking Bill Pay Account for the Internet Banking Bill Pay Service. Any payments You wish to make through Internet Banking Bill Pay must be payable in U.S. dollars to a payee with a mailing address located in the continental United States. We reserve the right to restrict types of payees to whom payments may be made using Internet Banking Bill Pay from time to time. You may not use Internet Banking Bill Pay to make payments to settle securities purchases, payments to interest bearing accounts, tax payments, or court ordered payments. Payments to these payees will be Your sole responsibility if delayed or improperly processed or credited. There is a dollar limit of $9,999.00 per vendor Bill Pay request (subject to change without notice.)

Funds must be available in Your Internet Banking Bill Pay Account on the requested payment date. After funds are withdrawn from Your Internet Banking Bill Pay Account to make a payment, we may make the payment either by transferring funds electronically to the payee or by mailing the payee a check.

You may choose to schedule payments to recur in the same amount at regular weekly, bi-weekly, monthly, semi-monthly, quarterly, annual or semi-annual intervals (a "Fixed Payment"). If a fixed payment is chosen, the bill will be paid automatically each billing period. If the payment is not a fixed payment, it will be a "variable payment." Variable payments are not made until You enter the amount of the current bill. You may also change or skip payments that are fixed payments.

For all Internet Banking Bill Pay payments, You agree to schedule Your payment five (5) business days prior to the due date for payments to be made by check, three (3) business days for electronic transfers, (that is, the due date shown on Your invoice or provided in Your agreement with the payee, not taking into account any applicable grace period). The first payment to a new vendor will be by check (requiring ten (10) business days lead time). You may refer to the Payee List on the Internet Banking Bill Pay Service to determine if future payments will be made by check or electronic transfer. If You do not properly schedule Your payment in advance, You will be fully responsible for all late fees, finance charges or other action taken by the payee.

WSB is only responsible for exercising ordinary care in processing and sending payments upon Your authorization in accordance with this Agreement. Waukegan Savings will not be liable in any way for damages You incur if You do not have sufficient funds in Your Internet Banking Bill Pay Account to make the payment on the processing date, for delays in mail delivery, for accuracy of vendor address, for the failure of any payee to correctly account for or credit the payment in a timely manner, or for any other circumstances beyond the control of WSB.

If Your Internet Banking Bill Pay Account does not have sufficient funds to make a payment on the scheduled payment date, a second attempt will be made to make the payment. You will receive notification by U.S. mail that the payment was not processed. No additional bill payments will be processed until the account is properly funded and the return(s) cleared. You will be charged a fee for each attempt to make a payment if the funds are not available.

WSB shall have no obligation or liability if it does not complete a transfer or payment because there are insufficient funds in Your account to process a transaction. In all cases, You are responsible for either making alternate arrangements for the payment or rescheduling the payment through the Service. Excessive insufficient and/or uncollected funds charges could cause termination of Your Internet Banking Bill Pay feature.

Internet Banking Bill Pay Service Errors and Questions

In case of errors or questions regarding WSB Internet Banking Bill Pay, call a Customer Service Representative at 1-866-305-9039. We must hear from You at the specified telephone number no later than 60 days after we sent You the FIRST statement on which the problem or error appeared.

We will need:
1. Your name and account number (if any).
2. A description of the error or the transfer in question and an explanation concerning why You believe it is an error or need more information.
3. The dollar amount of the suspected error and date on which it occurred.

If we determine that no error occurred, we will send You a written explanation after the investigation is complete. You may request copies of the documents that were used in the investigation. You agree that WSB or its representative may respond to You by electronic mail with regard to any claim of unauthorized electronic fund transfer related to the Service. Any such electronic mail sent to You by WSB or its representative shall be considered received within three (3) business days of the date sent by WSB or its representative, regardless of whether or not You access the Service within that time frame.

Stop Payment

You may cancel or change a payment before it has been issued in the Internet Banking Bill Pay Service on the Pending Payment screen. If you wish to cancel a payment after it is issued, please notify a Customer Service Representative at 1-866-305-9039 immediately. Stop payments on check payments will be handled on a case by case basis. A stop payment fee will be charged for all stop payments accepted. Electronic payments cannot be stopped once the payment has been sent.

Electronic Mail

If You send WSB an electronic mail message, Waukegan Savings Bank will be deemed to have received it on the following business day. You agree to allow WSB to have a reasonable time to act on Your e-mail.
You should not rely on electronic mail if You need to communicate with WSB immediately - for example, if You need to report an unauthorized transaction from one of Your accounts or if You need to stop a check payment that has already been sent. You agree that WSB may respond to You by electronic mail with regard to any matter related to the Service, including responding to any claim of unauthorized electronic funds transfer that You make. Any such electronic mail sent to You by WSB shall be considered received within three (3) business days of the date sent by WSB, regardless of whether or not You access the Service within that time frame.

Other Agreements

In addition to this Agreement, You and WSB agree to be bound by and comply with the requirements of the agreements applicable to each of Your Internet Banking Accounts. Your use of the Internet Banking Service or the Internet Banking Bill Pay Service is Your acknowledgment that You have received these agreements and intend to be bound by them. You should review other disclosures You receive when You open Your accounts at WSB. Such disclosures include the charges that may be imposed for electronic funds transfers, as well as the right to make transfers listed in the fee schedules accompanying those disclosures and the fee schedule at the end of this Agreement. We will automatically deduct the fees related to this Service from Your Account each month.

Hours of Operation

The On-line Service is intended to be available 24 hours a day, seven (7) days a week, except during special maintenance periods. However, if the Service is down WSB has no liability. For purposes of transactions, WSB business days are Monday through Friday, excluding holidays. All Internet Banking transaction requests received on Saturdays, Sundays, holidays or days of inclement weather on which Waukegan Savings chooses to remain closed, will be processed on the next WSB business day.

Modifications to this Agreement

WSB may modify the terms and conditions applicable to either Service from time to time upon mailing or delivering a notice of the modifications to You at the address shown on our account records and the revised terms and conditions shall be effective at the earliest date allowed by applicable law. We may send any notice to You via electronic mail and You will have deemed to have received it three (3) business days after it is sent. We reserve the right to terminate this Agreement and Your use of the Service in whole or in part at any time without prior notice.

Statements

You will continue to receive Your regular account statement(s) either monthly or quarterly, depending on the type of account.

Our liability for failure to make a transfer

We will not be liable in the following instances:

1. If through no fault of WSB, You do not have enough money in Your Account to make the transfer.
2. If circumstances beyond WSB control (such as fire, flood, power outage, equipment or technical failure or breakdown) prevent the transfer, despite reasonable precautions that we have taken.
3. If there is a hold on Your Internet Banking Account, or if access to Your Internet Banking Account is blocked, in accordance with banking policy.
4. If Your funds are subject to legal process or other encumbrance restricting the transfer.
5. If Your transfer authorization terminates by operation of law.
6. If You believe someone has accessed Your accounts without Your permission and You fail to notify WSB immediately as set forth in this agreement.
7. If You have not properly followed the scheduling instructions on how to make a transfer as included in this agreement.
8. If We have received incomplete or inaccurate information from You or a third party involving the account or transfer.
9. If We have a reasonable basis for believing that unauthorized use of Your Password or Internet Banking Account has occurred or may be occurring; if You default under this Agreement, the deposit account agreement, a credit agreement or any other agreement with us; or if We or You terminate the Service.

You agree that in no event shall We be liable for damages in excess of Your actual loss due to our failure to complete a transfer, and We will not be liable for any incidental or consequential damages.
If any of the circumstances listed in subparagraph two (2) or eight (8) above shall occur, we shall assist You with reasonable efforts in taking appropriate corrective action to reprocess the transactions that may not have been completed or to correct incorrect transactions that have been processed.

Disclosure of information to third parties

We will disclose information to third parties about Your Internet Banking Account or the transfers You make:

1. Where it is necessary for completing transfers; or
2. In order to verify the existence and condition of Your Internet Banking Account for a third party, such as a credit bureau or merchant; or
3. In order to comply with government or court orders.

Termination

You are responsible for complying with all the terms of this Agreement and with the terms of the agreement governing the deposit accounts which You access using electronic banking services. We can terminate Your electronic banking privileges (including the Internet Banking Bill Pay Service) under this Agreement without notice to You if You: Do not pay any fee required by this Agreement when due. Do not comply with the agreement governing Your deposit or loan accounts. Your accounts are not maintained in good standing. We will promptly notify You if we terminate this Agreement or Your use of the services for any other reason.

Inactivity

If You are not paying a monthly service charge for the Service, we may convert Your account to inactive status if You do not sign on to the Service or do not have any transaction scheduled through the Service during any consecutive 90 day period. If Your account is considered inactive, You must contact us to have the Service activated before You will be able to schedule any transaction through the Service.

Cancellation

To cancel the Internet Banking and/or Internet Banking Bill Pay Service, You must notify WSB and provide Your name; address; whether You are discontinuing Internet Banking, Internet Banking Bill Payment or both; You must notify us at least ten (10) business days prior to the date on which You desire the service to be terminated. When Internet Banking Bill Payment is terminated, any prescheduled bill payments made through Internet Banking will also be terminated. Final fees will be assessed through your normal statement cycle. You may notify Waukegan Savings Bank by one of the following methods:

1. By calling 1-847-623-6400, 9:00 a.m. to 5:00 p.m., Monday through Friday, (except holidays); and requesting the Internet Banking Administrator or one of the Personal Bankers.
2. By writing a letter and sending it to the following address:

Waukegan Savings Bank
Attention: Internet Banking Administrator
1324 Golf Road
Waukegan, IL 60087

3. By sending an e-mail to info@ibankwaukegan.com.

Governing Law

a. This Agreement is governed by the laws of the State of Illinois and any applicable federal law.

Fee schedule

WSB offers the benefits and convenience of the Internet Banking Service to you at no charge. All other account charges as described in your Account Fee Schedule and Account Disclosure shall continue to apply.
There are additional services that are available with Internet Banking that, if used, will incur a fee. These fees are subject to change upon 30 days notice.

Other Bill Payment Fees

$14.95 to make an expedited payment to payee.

All other account charges as described in Your Account Fee Schedule and Account Disclosure shall continue to apply.

FDIC Transaction Account Guarantee Program

The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system in the following ways:

By insuring deposits in banks and thrift institutions for up to $250,000*.
By identifying, monitoring, and addressing risks to the deposit insurance funds.
By limiting the effect on the economy and the financial system when a bank or thrift institution fails.

The FDIC insurance limit has been temporarily raised from $100,000 to at least $250,000 per depositor. This enhancement will be in effect through December 31, 2013.

Certain retirement accounts, such as Individual Retirement Accounts (IRAs), are insured up to $250,000 per depositor per insured bank.

For other types of deposit accounts, the FDIC insurance limit has been temporarily raised from $100,000 to at least $250,000 per depositor. This enhancement will be in effect through December 31, 2013.

If you and your family have a combined amount of $250,000 or less in all of your deposit account categories at the same insured bank, you do not need to worry about your insurance coverage, as your deposits are fully insured.

Waukegan Savings Bank is also participating in the FDIC's Transaction Account Guarantee Program. Under the program, through June 30, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

To learn more, contact the FDIC toll-free at 1.877.275.3342 from 8:00 a.m. until 8:00 p.m. ET or visit the FDIC website.

*The FDIC insurance limit has been temporarily raised from $100,000 to at least $250,000 per depositor. This enhancement will be in effect through December 31, 2013.

Terms and Conditions (Business Internet Banking)

This Agreement describes Your rights and obligations as a user of the Business Internet Banking Waukegan Savings Bank eCom^SM Service. It also describes the rights and obligations of Waukegan Savings Bank. Please read this Agreement carefully. By requesting and using one of these Services, You agree to comply with the terms and conditions of thisAgreement.

Definitions

The following definitions apply to this Agreement:

"Business Internet Banking" or "eCom^SM" is the Internet-based banking service providing access to Your Waukegan Savings Bank account(s).
"Internet Banking Accounts" means any Waukegan Savings account from which You will be conducting transactions using our Service.
"Password" is the code chosen by You for your use and establishes Your connection to the Service.
"Time of day" references are to Central Standard Time or Central Daylight Time, as applicable.
"We," "Us" or "WSB" refers to Waukegan Savings Bank which offers the Service and which offers the accounts accessed by the Service.
"Service" means the bill payment service offered by Waukegan Savings Bank, through CheckFree Services Corporation.
"You" and "Your" refers to any person(s) or business that signed the agreement requesting the Business Internet Banking Service or WSB eCom^SM Service.
"Agreement" means these terms and conditions of the bill payment service. As used within this Agreement, "you" and "your" refer to the person or entity enrolling in the Service, as well as any authorized users of the Service that such person or entity allows, subject to the parameters of multiple user access as set forth within the application.
"Biller" is the person or entity to which you wish a bill payment to be directed or is the person or entity from which you receive electronic bills, as the case may be.
"Payment Instruction" is the information provided by you to the Service for a bill payment to be made to the Biller (such as, but not limited to, Biller name, Biller account number, and Scheduled Payment Date).
"Payment Account" is the checking account from which bill payments will be debited.
"Billing Account" is the checking account from which all Service fees will be automatically debited.
"Scheduled Payment Date" is the day you want your Biller to receive your bill payment and is also the day your Payment Account will be debited, unless the Scheduled Payment Date falls on a non-Business Day in which case it will be considered to be the previous Business Day.
"Due Date" is the date reflected on your Biller statement for which the payment is due; it is not the late date or grace period.
"Scheduled Payment" is a payment that has been scheduled through the Service but has not begun processing.

Access To Services

WSB will provide instructions on how to use the Business Internet Banking or eCom^SM Service. You will gain access to Your Internet Banking Accounts through the use of Your Internet-enabled device, Your Internet Service Provider, and Your Password.

Use of Your Security Password

If Your Password Has Been Lost or Stolen

If Your Statement Shows Transactions That You Did Not Make

If Your statement shows transactions that You did not make through the Business Internet Banking system, please notify us immediately by calling WSB, 9:00 a.m. to 5:00 p.m., Monday through Thursday, 9:00 a.m. to 6:00 p.m. Friday or Saturday 9:00 a.m. to 1:00 p.m. (except holidays) at (847) 623-6400. You should follow up your notification inwriting and mail to:

Waukegan Savings Bank
Attention: eCom Service Rep
1324 Golf Road
Waukegan, IL 60087

If You do not notify WSB within 60 days after the statement was mailed to You, You may not recover any money lost after 60 days which would not have been lost if WSB had been notified in time. If a good reason (such as a long trip or hospitals stay) delayed You from contacting WSB, WSB may at its discretion extend the time periods.

Banking Transactions with Internet Banking

In addition to viewing account information, You may use Business Internet Banking to conduct the following transactions:

(1) Transfer Funds among Your checking accounts, statements savings accounts and money market accounts. NOTE: Because regulations require WSB to limit preauthorized transfers (including Business Internet Banking Transfers), the following limitations apply:
(a) Statement Savings Account. Your can make no more than six (6) transfers per statement period by preauthorized transfer, automatic transfer, telephone or Internet Banking, and no more than three (3) may be draft or debit card to a third party.
(b) Money Market Deposit Savings Account. You can make no more than six (6) transfers per statement period by preauthorized or automatic transfer, telephone or Internet Banking and no more than three (3) of these may be by check, draft or debit card to a third party.

The titles and signers of both preauthorized accounts involved in a transfer must be the same. However, the Bank may, at its discretion, accept an authorization involving an individual account and a joint account where the signer on the individual account is also a signer on the joint account.

(2) New Services may be introduced for Business Internet Banking from time to time. WSB will notify You of the existence of these new services. Byusing these Services when they become available, You agree to be bound by the rules, which will be made available to You concerning these services.

Business Internet Banking Errors and Questions

In case of errors or questions regarding WSB Business Internet Banking, contact the eCom^SM Representative, 9:00 a.m. to 5:00 p.m., Monday through Thursday, 9:00 a.m. to 6:00 p.m. Friday, or Saturday 9:00 a.m. to 1:00 p.m. (except holidays) at (847) 623-6400. You can also write us at:

Waukegan Savings Bank
Attention: eCom Service Rep
1324 Golf Road
Waukegan, IL 60087

We must hear from You at the specified telephone number or address no later than 60 days after we sent You the FIRST statement on which the problem or error appeared. We will need:

1. Your name and account number (if any).
2. A description of the error or the transaction in question and an explanation concerning why You believe it is an error or need moreinformation.
3. The dollar amount of the suspected error and date on which it occurred.

If the report is made orally, we require that You send the complaint or question in writing within ten (10) business days. We will notify You with the results of the investigation within ten (10) business days and will correct any error promptly. If more time is needed, however, we will notify You in writing and may take up to 45 days to investigate a complaint or question. If this occurs, we will credit Your account within ten (10) business days for the amount You think is in error. This will allow You to use the money during the time it takes us to complete our investigation. If Your complaint or question is not received in writing within ten (10) business days, we may not credit Your account until the investigation is completed.

If we determine that no error occurred, we will send You a written explanation after the investigation is complete. Youmay request copies of the documents that were used in the investigation. You agree that WSB may respond to You by electronic mail with regard to any claim of unauthorized electronic fund transfer related to the service. Any such electronic mail sent to You by WSB shall be considered received within three (3) business days of the date sent by WSB, regardless of whether or not You access the Service within that time frame.

Business Internet Banking Bill Payment Service

Waukegan Savings Bank also offers a Bill Payment service for business Internet Banking. Should you choose to use this service, the terms and conditions in this agreement will apply.

Payment Scheduling

The earliest possible Scheduled Payment Date for each Biller (typically five (5) or fewer Business Days from the current date) will be designated within the application when you are scheduling the payment. Therefore, the application will not permit you to selecta Scheduled Payment Date less than the earliest possible Scheduled Payment Date designated for each Biller. When scheduling payments you must select a Scheduled Payment Date that is no later than the actual Due Date reflected on your Biller statement unless the Due Date falls on a non-Business Day. If the actual Due Date falls on a non-Business Day, you must select a Scheduled Payment Date that is at least one (1) Business Day before the actual Due Date. Scheduled Payment Dates must be prior to any late date or grace period.

Service Guarantee

Due to circumstances beyond the control of the Service, particularly delays in handling and posting payments by Billers or financial institutions, some transactions may take longer to be credited to your account. The Service will bear responsibility for any late payment related charges up to $50.00 should a payment post after its Due Date as long as the payment was scheduled in accordance with the guidelines described under "Payment Scheduling" in this Agreement.

Payment Authorization and Payment Remittance

You represent and warrant that you are acting with full authority for the applying entity, and that you are duly authorized to execute this Agreement on behalf of the applying entity. By providing the Service with names and account information of Billers to whom you wish to direct payments, you authorize the Service to follow the Payment Instructions that it receives through the payment system. In orderto process payments more efficiently and effectively, the Service may edit or alter payment data or data formats in accordance with Biller directives.

When the Service receives a Payment Instruction, you authorize the Service to debit your Payment Account and remit funds on your behalf so that the funds arrive as close as reasonably possible to the Scheduled Payment Date designated by you. You also authorize the Service to credit your Payment Account for payments returned to the Service by the United States Postal Service or Biller, or payments remitted to you on behalf of another authorized user of the Service.

The Service will use its best efforts to make all your payments properly. However, the Service shall incur no liability and any Service Guarantee shall be void if the Service is unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances:

If, through no fault of the Service, your Payment Account does notcontain sufficient funds to complete the transaction or the transaction would exceed the credit limit of your overdraft account;
The payment processing center is not working properly and you know or have been advised by the Service about the malfunction before you execute the transaction;
You have not provided the Service with the correct Payment Account information, or the correct name, address, phone number, or account information for the Biller; and/or,
Circumstances beyond control of the Service (such as, but not limited to, fire, flood, or interference from an outside force) prevent the proper execution of the transaction and the Service has taken reasonable precautions to avoid those circumstances.

Provided none of the foregoing exceptions are applicable, if the Service causes an incorrect amount of funds to be removed from your Payment Account or causes funds from your Payment Account to be directed to a Biller which does not comply with your Payment Instructions, the Service shall be responsible for returning the improperly transferred funds to your Payment Account, and for directing to the proper Biller any previously misdirected transactions, and, if applicable, for any late payment related charges.

Payment Methods

The Service reserves the right to select the method in which to remit funds on your behalf to your Biller. These payment methods may include, but may not be limited to, an electronic payment, an electronic to checkpayment, or a laser draft payment (funds remitted to the Biller are deducted from your Payment Account when the laser draft is presented to your financial institution for payment).

Payment Cancellation Requests

You may cancel or edit any Scheduled Payment (including recurring payments) by following the directions within the application. There is no charge for canceling or editing a Scheduled Payment. Once the Service has begun processing a payment it cannot be cancelled oredited, therefore a stop payment request must be submitted.

Biller Limitation

The Service reserves the right to refuse to pay any Biller to whom you may direct a payment. The Service will notify you promptly if it decides to refuse to pay a Biller designated by you. This notification is not required if you attempt to make a prohibited payment or an exception payment under this Agreement.

Stop Payment Requests

The Service's ability to process a stop payment request will depend on the payment method and whether or not a check has cleared. The Service may also not have a reasonable opportunity to act on any stop payment request after a payment has been processed. If you desire to stop any payment that has already been processed, you must contact Customer Service. Although the Service will make every effort to accommodate your request, the Service will have no liability for failing to do so. The Service may also require you to present your request in writing within fourteen (14) days. The charge for each stop payment request will be the current charge for such service as set out in the applicable fee schedule.

Prohibited Payments

Payments to Billers outside of the United States or its territories are prohibited through the Service.

Exception Payments

Tax payments and court ordered payments may be scheduled through the Service, however such payments are discouraged and must be scheduled at your own risk. In no event shall the Service be liable for any claims or damages resulting from your scheduling of these types of payments. The Service Guarantee as it applies to any late payment related changes is void when these types of payments are scheduled and/or processed by the Service. The Service has no obligation to research or resolve any claim resulting from an exception payment. All research and resolution for any misapplied, mis-posted or misdirected payments will be the sole responsibility of you and not of the Service.

Bill Delivery and Presentment

This feature is for the presentment of electronic bills only and it is your sole responsibility to contact your Billers directly if you do not receive your statements. In addition, if you elect to activate one of the Service's electronic bill options, you also agree to the following:

Information provided to the Biller - The Service is unable to update or change your personal information such as, but not limited to, name, address, phone numbers and e-mail addresses, with the electronic Biller. Any changes will need to be made by contacting the Biller directly. Additionally it is your responsibility to maintain all usernames and passwords for all electronic Biller sites. You also agree not to use someone else's information to gain unauthorized access to another person's bill. The Service may, at the request of the Biller, provide to the Biller your e-mail address, service address, or other data specifically requested by the Biller at the time of activating the electronic bill for that Biller, for purposes of the Biller informing you about Service and/or bill information.

Activation - Upon activation of the electronic bill feature the Service may notify the Biller of your request to receive electronic billing information. The presentment of your first electronic bill may vary from Biller to Biller and may take up to sixty (60) days, depending on the billing cycle of each Biller. Additionally, the ability to receive a paper copy of your statement(s) is at the sole discretion of the Biller. While your electronic bill feature is being activated it is your responsibility to keep your accounts current. Each electronic Biller reserves the right to accept or deny your request to receive electronic bills.

Authorization to obtain bill data - Your activation of the electronic bill feature for a Biller shall be deemed by us to be your authorization for us to obtain bill data from the Biller on your behalf. For some Billers, you will be asked to provide us with your user name and password for that Biller. By providing us with such information, you authorize us to use the information to obtain your bill data.

Notification - The Service will use its best efforts to present all of your electronic bills promptly. In addition to notification within the Service, the Service may send an e-mail notification to the e-mail address listed for your account. It is your sole responsibility to ensure that this information is accurate. In the event you do not receive notification, it is your responsibility to periodically logon to the Service and check on the delivery of new electronic bills. The time for notification may vary from Biller to Biller. You are responsible for ensuring timely payment of all bills.

Cancellation of electronic bill notification - The electronic Biller reserves the right to cancel the presentment of electronic bills at any time. You may cancel electronic bill presentment at any time. The timeframe for cancellation of your electronic bill presentment may vary from Biller to Biller. It may take up to sixty (60) days, depending on the billing cycle of each Biller. The Service will notify your electronic Biller(s) as to the change in status of your account and it is your sole responsibility to make arrangements for an alternative form of bill delivery. The Service will not be responsible for presenting any electronic bills that are already in process at the time of cancellation.

Non-Delivery of electronic bill(s) - You agree to hold the Service harmless should the Biller fail to deliver your statement(s). You are responsible for ensuring timely payment of all bills. Copies of previously delivered bills must be requested from the Biller directly.

Accuracy and dispute of electronic bill - The Service is not responsible for the accuracy of your electronic bill(s). The Service is only responsible for presenting the information we receive from the Biller. Any discrepancies ordisputes regarding the accuracy of your electronic bill summary or detail must be addressed with the Biller directly.
This Agreement does not alter your liability or obligations that currently exist between you and your Billers.

Electronic Mail

You should notrely on electronic mail if You need to communicate with WSB immediately - for example, if You need to report an unauthorized transaction from one of Your accounts or if You need to stop a check payment that has already been sent.

You agree that WSB may respond to You by electronic mail with regard to any matter related to the Service, including responding to any claim of unauthorized electronic funds transfer that You make. Any such electronic mail sent to You by WSB shall be considered received withinthree (3) business days of the date sent by WSB, regardless of whether or not You access the Service within that time frame.

Other Agreements

In addition to this Agreement, You and WSB agree to be bound by and comply with the requirements of the agreements applicable to each of Your Business Internet Banking Accounts. Your use of the Business Internet Banking Service or the Business Internet Banking Bill Pay Service is Your acknowledgment that You have received these agreements and intend to be bound by them. You should review other disclosures You receive when You open Your accounts at WSB. Such disclosures include the charges that may be imposed for electronic funds transfers, as well as the right to make transfers listed in the fee schedules accompanying those disclosures and the fee schedule at the end of this Agreement. We will automatically deduct the fees related to this Service from Your Account each month.

Hours of Operation

The On-line Service is intended to be available 24 hours a day, seven (7) days a week, except during special maintenance periods. However, if the Service is down WSB has no liability. For purposes of transactions, WSB business days are Monday through Friday, excluding holidays. All Business Internet Banking transaction requests received on Saturdays, Sundays, holidays or days of inclement weather on which Waukegan Savings chooses to remain closed, will be processed on the next WSB business day.

Modifications to this Agreement

WSB may modify the terms and conditions applicable to either Service from time to time upon mailing or delivering a notice of the modifications to You at the address shown on our account records and the revised terms and conditions shall be effective at the earliest date allowed by applicable law. We may send any notice to You via electronic mail and You will have deemed to have received it three (3) business days after it is sent. We reserve the right toterminate this Agreement and Your use of the Service in whole or in part at any time without prior notice.

Statements

You will continue to receive Your regular account statement(s) either monthly or quarterly, depending on the type of account.

Failed or Returned Transactions

In using the Service, you are requesting the Service to make payments for you from your Payment Account. If we are unable to complete the transaction for any reason associated with your Payment Account (for example, there are insufficient funds in your Payment Account to cover the transaction), the transaction will not be completed. In some instances, you will receive a return notice from the Service. In such case, you agree that: You will reimburse the Service immediately upon demand the transaction amount that has been returned to the Service; For any amount not reimbursed to the Service within fifteen (15) days of the initial notification, a late charge equal to 1.5%monthly interest or the legal maximum, whichever rate is lower, for any unpaid amounts may be imposed; You will reimburse the Service for any fees imposed by your financial institution as a result of the return; You will reimburse the Service for any fees it incurs in attempting to collect the amount of the return from you; and, The Service is authorized to report the facts concerning the return to any credit reporting agency

Our Liability for Failure To Make A Transfer

We will not be liable in the following instances:

1. If through no fault of WSB, You do not have enough money in Your Account to make the transfer.
2. If circumstances beyond WSB control (such as fire, flood, power outage, equipment or technical failure or breakdown) prevent the transfer, despite reasonable precautions that we have taken.
3. If there is a hold on Your Business Internet Banking Account, or if access to Your Business Internet Banking Account is blocked, in accordance with banking policy.
4. If Your funds are subject to legal process or other encumbrance restricting the transfer.
5. If Your transfer authorization terminates by operation of law.
6. If You believe someone has accessed Your accounts without Your permission and You fail to notify WSB immediately as set forth in this agreement.
7. If You have not properly followed the scheduling instructions on how to make a transfer as included in this agreement.
8. If We have received incomplete or inaccurate information from You or a third party involving the account or transfer.
9. If We have a reasonable basis for believing that unauthorized use of Your Password or Business Internet Banking Account has occurred or may be occurring; if You default under this Agreement, the deposit account agreement, a credit agreement or any other agreement with us; or if We or You terminate the Service.

If any of the circumstances listed in subparagraph two (2) or eight (8) above shall occur, we shall assist You with reasonable efforts in taking appropriate corrective action to reprocess the transactions that may not have been completed or to correct incorrect transactions that have been processed.

Disclosure of Information To Third Parties

We will disclose information to third parties about Your Business Internet Banking Account or the transfers You make:

1. where it is necessary for completing transfers; or
2. in order to verify the existence and condition of Your Business Internet Banking Account for a third party, such as a credit bureau or merchant; or
3. in order to comply with government or court orders.

Termination

You are responsible for complying with all the terms of this Agreement and with the terms of the agreement governing the deposit accounts which You access using eCom services. We can terminate Your eCom^SM privileges (including the Business Internet Banking Bill Pay Service) under this Agreement without notice to You if You: Do not pay any fee required by this Agreement when due. Do not comply with the agreement governing Your deposit or loan accounts. Your accounts are not maintained in good standing. We will promptly notify You if we terminate this Agreement or Your use of the services for any other reason.

Inactivity

Cancellation

To cancel the Business Internet Banking and/or Business Internet Banking Bill Pay Service, You must notify WSB and provide Your name; address; whether You are discontinuing Business Internet Banking, Business Internet Banking Bill Payment or both; You must notify us at least ten (10) business days prior to the date on which You desire the service to be terminated. When Business Internet Banking Bill Payment is terminated, any prescheduled bill payments made through Business Internet Banking will also be terminated. Final fees will be assessed through your normal statement cycle.

You may notify Waukegan Savings by one of the following methods:

1. By calling 1-847-623-6400, 9:00 a.m. to 5:00 p.m., Monday through Friday, (except holidays); and requesting the eCom Administrator or one of the Personal Bankers.
2. By writing a letter and sending it to the following address:

Waukegan Savings Bank
Attention:eCom Administrator
1324 Golf Road
Waukegan, IL 60087

3. By sending an e-mail to info@ibankwaukegan.com.

Fee Schedule

Any applicable fees will be charged regardless of whether the Service was used during the billing cycle. There may be a charge for additional transactions and other optional services. You agree to pay such charges and authorize the Service to deduct the calculated amount from your designated Billing Account for these amounts and any additional charges that may be incurred by you. Any financial fees associated with your standard deposit accounts will continue to apply. You are responsible for any and all telephone access fees and/or Internet service fees that may be assessed by your telephone and/or Internet service provider.

There are additional services that are available with Business Internet Banking that, if used, will incur a fee. These fees are subject to change upon 30 days notice.

Other Bill Payment Fees

$25.00 to make an overnight delivery

Disputes

In the event of a dispute regarding the Service, you and the Service agree to resolve the dispute by looking to this Agreement. You agree that this Agreement is the complete and exclusive statement of the agreement between you and the Service which supersedes any proposal or prior agreement, oral or written, and any other communications between you and the Service relating to the subject matter of this Agreement. If there is a conflict between what an employee of the Service or Customer Service Department says and the terms of this Agreement, the terms of this Agreement will prevail.

Assignment

You may not assign this Agreement to any other party. The Service may assign this Agreement to any future, directly or indirectly, affiliated company. The Service may also assign or delegate certain of its rights and responsibilities under this Agreement to independent contractors or other third parties.

Waiver

The Service shall not be deemed to have waived any of its rights or remedies hereunder unless such waiver is in writing and signed by the Service. No delay or omission on the part of the Service in exercising any rights or remedies shall operate as a waiver of such rights or remedies or any other rights or remedies. A waiver on any one occasion shall not be construed as a bar or waiver of any rights or remedies on future occasions.
Governing Law

This Agreement is governed by the laws of the State of Illinois and any applicable federal law.

THE FOREGOING SHALL CONSTITUTE THE SERVICE'S ENTIRE LIABILITY AND YOUR EXCLUSIVE REMEDY. IN NO EVENT SHALL THE SERVICE BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING LOST PROFITS (EVEN IF ADVISED OF THE POSSIBILITY THEREOF) ARISING IN ANY WAY OUT OF THE INSTALLATION, USE, OR MAINTENANCE OF THE EQUIPMENT, SOFTWARE, AND/OR THE SERVICE.